 NEWTON, NC ACCESSWIRE March 3, 2021 Peoples Bancorp of North Carolina, Inc. Nasdaq:PEBK, the parent company of Peoples Bank, Newton, NC announced today that its Board of Directors has authorized a stock repurchase plan, whereby up to 4.0 million will be allocated to repurchase the Companys common stock. At December 31, 2020, the Company had assets of 1.4 billion and stockholders equity of 139.9 million. 