Call reports 2016
NEW PEOPLES BANK, INC. — 2016
What NEW PEOPLES BANK, INC. reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 636,156,000 | 632,020,000 | 633,656,000 | 634,133,000 |
| Total loans | 450,309,000 | 459,613,000 | 464,721,000 | 468,629,000 |
| Allowance for loan losses | 7,219,000 | 6,649,000 | 6,358,000 | 6,072,000 |
| Securities available for sale | 84,710,000 | 76,626,000 | 74,561,000 | 70,011,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 556,817,000 | 556,519,000 | 557,861,000 | 555,636,000 |
| Interest-bearing deposits | 407,246,000 | 406,355,000 | 403,587,000 | 402,524,000 |
| Noninterest-bearing deposits | 149,571,000 | 150,164,000 | 154,274,000 | 153,112,000 |
| Equity capital | 61,978,000 | 63,415,000 | 63,895,000 | 62,157,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 6,082,000 | 12,113,000 | 18,237,000 | 24,346,000 |
| Interest expense | 506,000 | 1,007,000 | 1,548,000 | 2,102,000 |
| Net interest income | 5,576,000 | 11,106,000 | 16,689,000 | 22,244,000 |
| Noninterest income | 1,475,000 | 3,190,000 | 5,272,000 | 7,058,000 |
| Noninterest expense | 6,296,000 | 13,111,000 | 20,255,000 | 28,497,000 |
| Provision for loan losses | 0 | -500,000 | -500,000 | -500,000 |
| Pretax income | 860,000 | 1,925,000 | 2,446,000 | 1,608,000 |
| Income tax | 2,000 | -1,000 | -6,000 | -7,000 |
| Net income | 858,000 | 1,926,000 | 2,452,000 | 1,615,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,856,000 | 62,920,000 | 63,216,000 | 62,462,000 |
| Total capital | 66,711,000 | 67,951,000 | 68,259,000 | 67,549,000 |
| Risk-weighted assets | 386,041,000 | 400,856,000 | 402,094,000 | 405,947,000 |