UNITED STATES
 
 
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):      May 5, 2011
 
 
 
Peoples Bancorp of North Carolina, Inc.
(Exact Name of Registrant as Specified in Its Charter)
 
 
North Carolina
(State or Other Jurisdiction of Incorporation)
 
 
 
000-27205
56-2132396
(Commission File No.)
(IRS Employer Identification No.)
 
 
 
518 West C Street, Newton, North Carolina
28658
(Address of Principal Executive Offices)
(Zip Code)
 
 
 
(828) 464-5620
(Registrant’s Telephone Number, Including Area Code)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
    o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
    o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
    o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
    o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 

 
 
 
Peoples Bancorp of North Carolina, Inc.
       
INDEX
       
       
   
Page
 
Item 5.07 - Submission of Matters to a Vote of Security Holders
 
3
 
       
Signatures
 
4
 
 
 
 
 
 
 
 
 
 
2

 
 
 
Item 5.07
Submission of Matters to a Vote of Security Holders
       
 
(a)
Annual Shareholders' Meeting - May 5, 2011
       
 
(b)
Directors elected at the meeting are as follows: James S. Abernethy, Robert C. Abernethy, Douglas S. Howard,
   
John W. Lineberger, Jr., Gary E. Matthews, Billy L. Price, Jr. MD, Larry E. Robinson, William Gregory Terry,
   
Dan Ray Timmerman, Sr. and Benjamin I. Zachary
       
   
At the May 5, 2011 Annual Shareholders' Meeting the following items were submitted to a vote of shareholders:
 

   
1)
Election of Directors:
         
 
       
Vote For
 
Votes Withheld
 
Broker Non-votes
     
James S. Abernethy
             3,872,427
 
                          31,220
 
  1,051,283
     
Robert C. Abernethy
             3,872,071
 
                          31,576
 
  1,051,283
     
Douglas S. Howard
             3,883,901
 
                          19,746
 
  1,051,283
     
John W. Lineberger, Jr.
             3,876,765
 
                          26,882
 
  1,051,283
     
Gary E. Matthews
             3,883,657
 
                          19,990
 
  1,051,283
     
Billy L. Price, Jr. MD
             3,883,189
 
                          20,458
 
  1,051,283
     
Larry E. Robinson
             3,883,927
 
                          19,720
 
  1,051,283
     
William Gregory Terry
             3,883,106
 
                          20,541
 
  1,051,283
     
Dan Ray Timmerman, Sr.
             3,884,283
 
                          19,364
 
  1,051,283
     
Benjamin I. Zachary
             3,883,727
 
                          19,920
 
  1,051,283
 
   
2)
Participation in advisory (non-binding) vote to approve the compensation of the Company's executive officers
                 
     
Votes For - 3,719,947; Votes Against - 128,712; Votes Abstained - 54,986
                 
   
3)
Ratification of appointment of Independent Registered Public Accountants - Porter Keadle Moore, LLP
                 
     
Votes For - 4,934,203; Votes Against - 8,309; Votes Abstained - 12,418
 
 
(c)
Not applicable
 
 
 
 
 
 
 
 
3

 
 
 
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:  May 9, 2011
 
By:
/s/ A. Joseph Lampron, Jr.
   
A. Joseph Lampron, Jr.
   
Executive Vice President and Chief Financial Officer
 
 
 
 
 
 
 
 
 
 
 
 
 
 
4