Call reports 2022
NEW PEOPLES BANK, INC. — 2022
What NEW PEOPLES BANK, INC. reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 813,267,000 | 846,718,000 | 828,321,000 | 775,153,000 |
| Total loans | 595,232,000 | 585,693,000 | 579,874,000 | 584,613,000 |
| Allowance for loan losses | 6,759,000 | 6,816,000 | 6,593,000 | 6,727,000 |
| Securities available for sale | 106,820,000 | 100,616,000 | 98,845,000 | 96,076,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 732,389,000 | 708,307,000 | 724,920,000 | 693,892,000 |
| Interest-bearing deposits | 450,321,000 | 435,441,000 | 454,862,000 | 466,771,000 |
| Noninterest-bearing deposits | 282,068,000 | 272,866,000 | 270,058,000 | 227,121,000 |
| Equity capital | 73,844,000 | 71,283,000 | 70,511,000 | 72,360,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 7,129,000 | 14,562,000 | 22,635,000 | 31,261,000 |
| Interest expense | 430,000 | 905,000 | 1,610,000 | 2,376,000 |
| Net interest income | 6,699,000 | 13,657,000 | 21,025,000 | 28,885,000 |
| Noninterest income | 2,302,000 | 4,690,000 | 6,777,000 | 9,092,000 |
| Noninterest expense | 6,309,000 | 12,933,000 | 19,350,000 | 26,092,000 |
| Provision for loan losses | 100,000 | 175,000 | 400,000 | 625,000 |
| Pretax income | 2,592,000 | 5,239,000 | 8,052,000 | 11,260,000 |
| Income tax | 560,000 | 1,135,000 | 1,766,000 | 2,484,000 |
| Net income | 2,032,000 | 4,104,000 | 6,286,000 | 8,776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 80,102,000 | 82,174,000 | 84,256,000 | 86,301,000 |
| Total capital | 86,861,000 | 88,990,000 | 90,849,000 | 93,028,000 |
| Risk-weighted assets | 546,392,000 | 549,223,000 | 555,815,000 | 563,819,000 |