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 New Peoples Bank, Inc.
New Peoples Bank, Inc.
| RSSD ID 2736451 | CERTIFICATE 34890 | ABA NUMBER 51408897 |
| 53 Commerce Dr |
Quarter Ended : |
2025-03-31 |
| Honaker, Virginia, 24260 |
Updated : |
2025-04-23 |
| www.newpeoples.bank |
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| Institution Profile |
| Year Opened : |
1998 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
19 |
Number of Employees : |
180 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 881,169 |
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Total Interest Income | 11,330 |
| Total Liabilities | 797,471 |
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Total NonInterest Income | 2,446 |
| Total Bank Equity Capital | 83,698 |
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Total Interest Expense | 3,537 |
| Total Deposits | 778,016 |
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Total NonInterest Expense | 7,252 |
| Net Loans & Leases | 662,899 |
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Net Income | 2,095 |
| Loan Loss Allowance | 7,832 |
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Net Charge Offs | 19 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 101,829 |
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Total loans | 658,942 |
| Total assets for the leverage ratio | 879,060 |
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Loans secured by real estate: | 568,421 |
| Tier 1 Leverage Ratio | 10.67 |
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Commercial and industrial loans | 57,961 |
| Tier 1 Capital Ratio | 14.61 |
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Loans to individuals - Credit Cards | 909 |
| Total Capital Ratio | 15.86 |
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Loans to individuals - Other | 28,426 |
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:· New Peoples Bank, Inc.
