Peoples Bancorp of North Carolina Inc.

Larry E. Robinson is President and Chief Executive Officer, The Blue Ridge Distributing Co., Inc. (beer and wine distributor); Partner and Vice President, United Beverages of North Carolina, LLC (beer distributor). Larry is Director of the company since 1993.

John W. Lineberger is President, Lincoln Bonded Warehouse Company (commercial warehousing facility). He is Director of the company since 2004.

Mr. Beaman is Executive Vice President and Corporate Secretary of the Company; Executive Vice President, Chief Administrative Officer and Secretary of the Bank; Prior to 2001, Chief Financial Officer of the Company and the Bank.

Mr. Sellers is Executive Vice President and Assistant Corporate Secretary of the Company; Executive Vice President and Chief Banking Officer of the Bank; Prior to 2001, Bank Executive Vice President - Credit Administration, Mortgage Lending and Commercial Banking. Prior to 1999 Bank Senior Vice President - Credit Administration. Prior to August 1998 Senior Credit Officer at a large North Carolina bank.

William D. Cable is Executive Vice President and Assistant Corporate Treasurer of the Company; Executive Vice President and Chief Operations Officer of the Bank. Prior to 2002, Bank Senior Vice President - Information Services.

William Gregory Terry is Executive Vice President, Drum & Willis-Reynolds Funeral Homes and Crematory. He is Director of the company since 2004.

Like his colleagues at Peoples, Reggie gets satisfaction from helping people realize their dream of home ownership. a I enjoy seeing old customers I've worked with along the way," he says, "but I'm energized by meeting and working with new people. It gives me the chance to have a positive impact on more lives.a ? Reggie held positions with First Federal Savings & Loan, PMI Mortgage Insurance, and Homecomings Financial before joining Peoples. He is a graduate of N.C. State University and is a member of the North Carolina Association of Mortgage Professionals. An avid boater, skier (water and snow) and reader, he and his wife, Allison, spend a lot of time supporting and cheering for their sonsa "Parker, 17; Carson, 14; and Austin, 12a "during their sports activities. The family also includes Bella, the dog, and Moses, the cat. The humans in the family attend Grace Covenant Church in Cornelius.

Suzanne came to North Carolina from the Pacific Northwest, where she lived in Spokane, Wa. During her 20-year banking career, she has worked as a branch manager for RBC Centura Bank and for U.S. Bank in Washington state. She graduated from North Idaho College. A self-professed a jock,a ? Suzanne cycles, plays golf, tennis and swims. She fits these activities in between raising her two daughters, ages 13 and 9, and her involvement with the Lincoln County Board of Realtors, the Denver Area Business Association and the Lake Norman Home Builders. When she and her family have some down time, they escape to the western North Carolina Mountains, a place that reminds Suzanne of her native Pacific Northwest.

Benjamin I. Zachary is President, Treasurer, General Manager and Director of Alexander Railroad Company. He is Director of the company since 1995.

Dan Ray Timmerman, Sr. is President/CEO, Timmerman Manufacturing, Inc. (wrought iron furniture railings and gates manufacturer). Dan is Director of the company since 1995.

Mr. Matthews is President and Director, Matthews Construction Company, Inc. He is Director of the company since 2001.

James S. Abernethy is Vice President, Carolina Glove Company, Inc. (glove manufacturer); President and Assistant Secretary, Midstate Contractors, Inc. (paving company); Vice President, Assistant Secretary and Chairman of the Board of Directors, Alexander Railroad Company.