Call reports 2020
NEW PEOPLES BANK, INC. — 2020
What NEW PEOPLES BANK, INC. reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 713,717,000 | 753,434,000 | 747,876,000 | 755,298,000 |
| Total loans | 560,958,000 | 587,566,000 | 585,459,000 | 575,954,000 |
| Allowance for loan losses | 6,337,000 | 6,575,000 | 6,987,000 | 7,191,000 |
| Securities available for sale | 47,741,000 | 45,526,000 | 44,109,000 | 48,406,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 630,124,000 | 669,231,000 | 662,312,000 | 668,892,000 |
| Interest-bearing deposits | 444,631,000 | 439,943,000 | 439,906,000 | 439,905,000 |
| Noninterest-bearing deposits | 185,493,000 | 229,288,000 | 222,406,000 | 228,987,000 |
| Equity capital | 70,027,000 | 70,188,000 | 71,609,000 | 72,990,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 7,615,000 | 15,097,000 | 22,683,000 | 30,130,000 |
| Interest expense | 1,279,000 | 2,426,000 | 3,467,000 | 4,352,000 |
| Net interest income | 6,336,000 | 12,671,000 | 19,216,000 | 25,778,000 |
| Noninterest income | 2,213,000 | 3,792,000 | 5,895,000 | 8,147,000 |
| Noninterest expense | 7,295,000 | 14,453,000 | 20,708,000 | 26,977,000 |
| Provision for loan losses | 1,000,000 | 1,550,000 | 2,000,000 | 2,300,000 |
| Pretax income | 258,000 | 464,000 | 2,407,000 | 4,652,000 |
| Income tax | 52,000 | 90,000 | 494,000 | 1,200,000 |
| Net income | 206,000 | 374,000 | 1,913,000 | 3,452,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,916,000 | 66,884,000 | 68,283,000 | 71,241,000 |
| Total capital | 72,977,000 | 72,783,000 | 74,191,000 | 77,133,000 |
| Risk-weighted assets | 484,630,000 | 471,245,000 | 471,562,000 | 470,037,000 |