For the quarter ending 2025-09-30, NWPP made $26,457,000 in revenue. $2,758,000 in net income. Net profit margin of 10.42%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Loans including fees | 11,217,000 | 10,540,000 | 9,912,000 | 9,553,000 |
| Federal funds sold | 4,000 | 3,000 | 2,000 | 1,000 |
| Interest-earning deposits with banks | 644,000 | 663,000 | 692,000 | 851,000 |
| Investments | 702,000 | 711,000 | 702,000 | 589,000 |
| Dividends on equity securities (restricted) | 42,000 | 41,000 | 43,000 | 43,500 |
| Total interest and dividend income | 12,609,000 | 11,958,000 | 11,351,000 | 11,037,500 |
| Deposits | 3,674,000 | 3,450,000 | 3,449,000 | 3,402,500 |
| Borrowed funds | 298,000 | 294,000 | 292,000 | 450,000 |
| Total interest expense | 3,972,000 | 3,744,000 | 3,741,000 | 3,852,500 |
| Net interest income | 8,637,000 | 8,214,000 | 7,610,000 | 7,185,000 |
| Provision for credit losses | 189,000 | 154,000 | 259,000 | 52,000 |
| Net interest income after provision for credit losses | 8,448,000 | 8,060,000 | 7,351,000 | 6,974,000 |
| Net gainon sale and disposal of premises and equipment | - | 1,000 | 2,000 | - |
| Service charges and fees | 1,003,000 | 899,000 | 877,000 | 938,000 |
| Card processing and interchange | 958,000 | 988,000 | 865,000 | 897,000 |
| Financial services fees | 335,000 | 356,000 | 318,000 | 326,000 |
| Other noninterest income | 203,000 | 192,000 | 351,000 | 1,017,000 |
| Total noninterest income | 2,499,000 | 2,436,000 | 2,413,000 | 3,307,000 |
| Salaries and employee benefits | 3,736,000 | 3,652,000 | 3,798,000 | 3,693,500 |
| Occupancy and equipment expense | 883,000 | 874,000 | 984,000 | 844,000 |
| Data processing and telecommunications | 660,000 | 665,000 | 634,000 | 647,500 |
| Other operating expenses | 2,098,000 | 2,022,000 | 1,856,000 | 2,380,000 |
| Total noninterest expenses | 7,377,000 | 7,213,000 | 7,272,000 | 7,565,000 |
| Income before income taxes | 3,570,000 | 3,283,000 | 2,492,000 | 2,716,000 |
| Income tax expense | 812,000 | 751,000 | 584,000 | 510,000 |
| Net income | 2,758,000 | 2,532,000 | 1,908,000 | 2,206,000 |
| Average weighted shares of common stock - basic | 23,590,909 | 23,607,372 | 23,626,617 | -11,834,412.5 |
| Average weighted shares of common stock - diluted | 23,590,909 | 23,607,372 | 23,626,617 | -11,834,412.5 |
| Earnings per share basic | 0.12 | 0.11 | 0.08 | 0.095 |
| Earnings per share diluted | 0.12 | 0.11 | 0.08 | 0.095 |
NEW PEOPLES BANKSHARES INC (NWPP)
NEW PEOPLES BANKSHARES INC (NWPP)