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Call reports 2008

NEW PEOPLES BANK, INC. — 2008

What NEW PEOPLES BANK, INC. reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/78326387-e692-40ef-bc11-039a1f8d2e9a/2008

Balance sheet

What the bank holds and owes at quarter end

Measure2008Q12008Q22008Q32008Q4
Total assets766,456,000792,519,000791,503,000807,237,000
Total loans680,350,000702,425,000708,556,000721,174,000
Allowance for loan losses6,570,0006,693,0006,831,0006,904,000
Securities available for sale4,480,0004,385,0004,404,0003,449,000
Securities held to maturity0000
Trading assets0000
Total deposits678,863,000660,803,000685,869,000706,633,000
Interest-bearing deposits583,618,000569,807,000590,104,000610,240,000
Noninterest-bearing deposits95,245,00090,996,00095,765,00096,393,000
Equity capital61,827,00067,101,00068,676,00070,472,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2008Q12008Q22008Q32008Q4
Interest income13,331,00026,231,00039,550,00052,317,000
Interest expense6,321,00011,860,00016,955,00021,956,000
Net interest income7,010,00014,371,00022,595,00030,361,000
Noninterest income1,050,0002,225,0003,360,0005,267,000
Noninterest expense6,518,00012,840,00019,510,00026,223,000
Provision for loan losses250,000550,000900,0001,500,000
Pretax income1,292,0003,206,0005,545,0007,905,000
Income tax378,000977,0001,765,0002,369,000
Net income914,0002,229,0003,780,0005,536,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2008Q12008Q22008Q32008Q4
Tier 1 capital57,025,00062,393,00063,992,00065,792,000
Total capital63,595,00069,086,00070,823,00072,696,000
Risk-weighted assets612,984,000632,403,000635,274,000639,760,000

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