Call reports 2023
NEW PEOPLES BANK, INC. — 2023
What NEW PEOPLES BANK, INC. reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 793,888,000 | 803,243,000 | 800,203,000 | 826,584,000 |
| Total loans | 590,490,000 | 609,038,000 | 626,203,000 | 638,111,000 |
| Allowance for loan losses | 6,661,000 | 6,814,000 | 6,908,000 | 7,256,000 |
| Securities available for sale | 96,722,000 | 93,106,000 | 87,452,000 | 89,805,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 709,960,000 | 709,283,000 | 706,323,000 | 717,662,000 |
| Interest-bearing deposits | 489,163,000 | 488,195,000 | 491,527,000 | 503,111,000 |
| Noninterest-bearing deposits | 220,797,000 | 221,088,000 | 214,796,000 | 214,551,000 |
| Equity capital | 75,301,000 | 75,714,000 | 75,154,000 | 80,112,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 8,495,000 | 17,480,000 | 27,034,000 | 37,014,000 |
| Interest expense | 1,165,000 | 2,867,000 | 5,067,000 | 7,843,000 |
| Net interest income | 7,330,000 | 14,613,000 | 21,967,000 | 29,171,000 |
| Noninterest income | 2,435,000 | 4,879,000 | 7,337,000 | 9,860,000 |
| Noninterest expense | 6,850,000 | 13,861,000 | 20,708,000 | 27,667,000 |
| Provision for loan losses | 23,000 | 216,000 | 377,000 | 712,000 |
| Pretax income | 2,915,000 | 5,481,000 | 8,292,000 | 10,715,000 |
| Income tax | 643,000 | 1,212,000 | 1,839,000 | 2,438,000 |
| Net income | 2,272,000 | 4,269,000 | 6,453,000 | 8,277,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 87,106,000 | 88,718,000 | 90,201,000 | 91,765,000 |
| Total capital | 94,092,000 | 95,814,000 | 97,384,000 | 99,246,000 |
| Risk-weighted assets | 567,358,000 | 577,449,000 | 591,775,000 | 598,416,000 |