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, 2016
 
 
 
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:
 
   ☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
   ☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
   ☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
   ☐
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, 2016

(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, 2016 Annual Shareholders' Meeting the following items were submitted to a vote of shareholders:

  1) Election of Directors:
 
 
 Votes For
  
Votes Against
  
 Votes Withheld
  
Broker Non-votes
James S. Abernethy
           3,514,546
  
                       -
  
                      567,018
  
                      955,525
Robert C. Abernethy
           3,514,546
  
                       -
  
                      567,018
  
                      955,525
Douglas S. Howard
           3,516,302
  
                       -
  
                      565,262
  
                      955,525
John W. Lineberger, Jr.
           3,423,393
  
                       -
  
                      658,171
  
                      955,525
Gary E. Matthews
           3,511,155
  
                       -
  
                      570,409
  
                      955,525
Billy L. Price, Jr. MD
           3,517,665
  
                       -
  
                      563,899
  
                      955,525
Larry E. Robinson
           3,511,227
  
                       -
  
                      570,337
  
                      955,525
William Gregory Terry
           3,511,317
  
                       -
  
                      570,247
  
                      955,525
Dan Ray Timmerman, Sr.
           3,514,585
  
                       -
  
                      566,979
  
                      955,525
Benjamin I. Zachary
           3,512,570
  
                       -
  
                      568,994
  
                      955,525
 
2) Ratification of appointment of Independent Registered Public Accountants – Elliott Davis Decosimo PLLC
Votes For – 5,029,413; Votes Against – 3,222; Votes Abstained – 4,454; Broker Non-votes – 0
 
3) Participation in advisory (non-binding) vote to approve the compensation of the Company's named executive officers
Votes For – 3,854,837; Votes Against – 78,850; Votes Abstained – 147,877; Broker Non-votes – 955,525

 
(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, 2016
  
By:
/s/ A. Joseph Lampron, Jr.
   
A. Joseph Lampron, Jr.
   
Executive Vice President and Chief Financial Officer
 
 
 
 
 
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