For the quarter ending 2025-09-30, NWPP had $8,551K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 2,758 | 4,440 |
| Depreciation and amortization | 378 | 745 |
| Provision for credit losses | 189 | 413 |
| Gain on sale of mortgage loans | 8 | 9 |
| Gain on sale or disposal of premises and equipment | 0 | 2 |
| Deferred tax benefit | - | 0 |
| Gain on sale of other real estate owned | 0 | 6 |
| Income on bank owned life insurance | - | 0 |
| Loans originated for sale | 380 | 380 |
| Proceeds from sales of loans originated for sale | 388 | 389 |
| Net amortization/accretion of bond premiums/discounts | 18 | 37 |
| Accrued interest receivable | 268 | 123 |
| Other assets | -969 | 542 |
| Accrued interest payable | 64 | -15 |
| Accrued expenses and other liabilities | 579 | -102 |
| Net cash provided by operating activities | 4,687 | 4,845 |
| Net increase in loans | 11,659 | 38,350 |
| Purchase of securities available-for-sale | -500 | -4,770 |
| Proceeds from repayments and maturities of securities available-for-sale | 3,609 | 6,067 |
| Net purchase of equity securities (restricted) | -238 | 258 |
| Payments for the purchase of premises and equipment and software | 217 | 444 |
| Proceeds from sale of premises and equipment | 0 | 2 |
| Proceeds from sale of other real estate owned | 0 | 50 |
| Proceeds from bank owned life insurance benefit | 0 | 5,417 |
| Net cash used in investing activities | -8,529 | -32,286 |
| Increase in short-term borrowings | - | 5,000 |
| Repayment of long-term debt | 0 | -3,000 |
| Net change in noninterest bearing deposits | -4,686 | 8,629 |
| Net change in interest-bearing deposits | 22,153 | 23,298 |
| Dividends paid | 0 | 1,889 |
| Repurchase of common stock | 74 | 106 |
| Net cash provided by financing activities | 12,393 | 31,932 |
| Net increase in cash and cash equivalents | 8,551 | 4,491 |
| Cash and cash equivalents at beginning of period | 67,668 | - |
| Cash and cash equivalents at end of period | 80,710 | - |
NEW PEOPLES BANKSHARES INC (NWPP)
NEW PEOPLES BANKSHARES INC (NWPP)