SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): March 30, 2000
Peoples Bancorp of North Carolina, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
North Carolina 000-27205 56-2132396
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(State or Other Jurisdiction (Commission File No.) (IRS Employer
of Incorporation) Identification No.)
218 South Main Avenue
Newton, North Carolina 28658
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(Address of Principal Executive Offices) (Zip Code)
(828) 464-5620
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(Registrant's Telephone Number, Including Area Code)
Item 5. Other Events
On March 30, 2000, the Board of Directors of Peoples Bancorp of North
Carolina, Inc. of Newton, North Carolina authorized a 10% stock dividend. As a
result, each shareholder will receive one new share of stock for every ten
shares of stock they held as of the record date. Shareholders will receive a
cash payment in lieu of any fractional shares resulting from the stock dividend.
The stock dividend will be distributed on April 24, 2000 to shareholders of
record on April 10, 2000. The Company's stock will trade ex-dividend on April
6, 2000.
The Company had 2,926,318 shares of common stock outstanding at March 30,
2000, and will have 3,218,949 shares of common stock outstanding following the
stock dividend.
The Company's stock transfer agent is Registrar and Transfer Company.
A copy of the press release announcing the Bank's stock split is attached
hereto as Exhibit (99)(a) and is incorporated by reference herein.
Item 7. Financial Statements and Exhibits
(c) Exhibits
(99)(a) Press Release, dated April 3, 2000
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PEOPLES BANCORP OF NORTH CAROLINA, INC.
Date: April 4, 2000 By: /s/ Tony W. Wolfe
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Tony W. Wolfe, President and
Chief Executive Officer
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EXHIBIT INDEX
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Exhibit No. Description Sequential Page No.
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(99)(a) Press Release, dated April 3, 2000 4
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