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NEW PEOPLES BANKSHARES INC (NWPP) Create: Alert

All | News | Filings
Date FiledTypeDescription
08/22/2023 8-K Other Events, Financial Statements and Exhibits  Interactive Data
08/09/2023 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
07/28/2023 8-K Quarterly results
05/18/2023 8-K Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits  Interac...
Docs: "Annual Meeting Presentation"
03/02/2023 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
Docs: "NEW PEOPLES BANKSHARES, INC. LONG-TERM CASH INCENTIVE PLAN ARTICLE I INTRODUCTION 1.1 Establishment. New Peoples Bankshares, Inc., a Virginia financial holding company , hereby establishes the New Peoples Bankshares, Inc. Long-Term Cash Incentive Plan for key employees of the Company and/or New Peoples Bank, Inc., a Virginia banking corporation , who are selected to participate in the Plan. 1.2 Purposes. The purposes of the Plan are to provide those who are selected for participation in the Plan with added incentives to continue in the long-term service of the Company and to create in such persons a more direct interest in the long-term growth and future success of the operations of the Company by relating a portion of their incentive compensation to net increases in earnings per share of ...",
"NEW PEOPLES BANKSHARES, INC. LONG-TERM CASH INCENTIVE PLAN [FORM OF] AWARD AGREEMENT"
03/01/2023 8-K Other Events, Financial Statements and Exhibits  Interactive Data
Docs: "NEW PEOPLES BANKSHARES DECLARATION OF DIVIDEND AND SHARE REPURCHASE PROGRAM EXTENSION Honaker, Virginia – The board of directors of New Peoples Bankshares, Inc. the financial holding company of its wholly-owned subsidiary, New Peoples Bank, Inc. , today announced the declaration of a dividend of $.06 per share payable on March 31, 2023, to shareholders of record as of March 15, 2023. C. Todd Asbury stated, “We are pleased to announce this cash dividend to our shareholders, which represents a 20% increase from the dividend paid in 2022. Our goal is to provide our shareholders an excellent return in the future as we strive to become the premier bank in Central Appalachia.” Additionally, the board of directors announced the authorization of an extension of the repurchase of up to 500,000 sha..."
02/22/2023 8-K Quarterly results
11/10/2022 8-K Quarterly results
08/18/2022 8-K Quarterly results
07/07/2022 8-K Quarterly results
06/29/2022 8-K Quarterly results
05/18/2022 8-K Quarterly results
04/29/2022 8-K Quarterly results
02/28/2022 8-K Other Events  Interactive Data
Docs: "FOR MORE INFORMATION, CONTACT: February 28, 2022 C. Todd Asbury 873-7000 NEW PEOPLES BANKSHARES DECLARATION OF DIVIDEND Honaker, Virginia – The board of directors of New Peoples Bankshares, Inc. the financial holding company of its wholly-owned subsidiary, New Peoples Bank, Inc. , today announced the declaration of a dividend of $.05 per share payable on March 31, 2022, to shareholders of record as of March 15, 2022. Chairman of the Board H. Lynn Keene commented, “When we started the bank back in 1998, we envisioned having a community bank for the people of our region that is built on trust and strong relationships with our customers and our communities. We are appreciative of all our shareholders who have invested in the bank and have been loyal and patient for this day. The Board and I ..."
02/10/2022 8-K Results of Operations and Financial Condition, Financial Statements and Exhibits  Interactive Data
Docs: "NEW PEOPLES BANKSHARES ANNOUNCES RECORD 2021 RESULTS Honaker, Virginia -- New Peoples Bankshares, Inc. and its wholly-owned subsidiary, New Peoples Bank, Inc. , today announced fourth quarter 2021 net income of $1.9 million, or $0.08 per share, as compared to $1.4 million, or $0.06 per share, for the fourth quarter of 2020, a year-over-year improvement of $526,000 and a 37.8% increase. The primary drivers for these results were an increase in net interest income of $282,000, a reduction in provision for loan loss expense of $300,000, and an increase in noninterest income of $269,000. Return on average assets rose to 0.95% for the fourth quarter of 2021 compared to 0.74% for the fourth quarter of 2020 and return on average equity is up to 12.14% versus 9.66% for the same quarterly comparis..."
11/01/2021 8-K Quarterly results
Docs: "NEW PEOPLES BANKSHARES ANNOUNCES THIRD QUARTER 2021 RESULTS Honaker, Virginia -- New Peoples Bankshares, Inc. and its wholly-owned subsidiary, New Peoples Bank, Inc. , today announced third quarter 2021 net income of $1.8 million, or $0.08 per share, as compared to $1.4 million, or $0.06 per share, for the third quarter of 2020, a year-over-year improvement of $421,000 and a 29.6% increase. The primary drivers for the increase were an increase in net interest income of $1.0 million and an increase in non-interest income of $854,000. Return on average assets rose to 0.91% for the third quarter of 2021 compared to 0.75% for the third quarter of 2020 and return on average equity is up to 11.75% versus 10.12% for the same quarterly comparison. C. Todd Asbury, President and CEO of the Company,..."
08/05/2021 8-K Quarterly results
07/15/2021 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
05/19/2021 8-K Quarterly results
05/06/2021 8-K Quarterly results
04/08/2021 8-K Quarterly results
10/22/2020 8-K Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits
10/19/2020 8-K Quarterly results
Docs: "NEW PEOPLES BANKSHARES ANNOUNCES THIRD QUARTER 2020 RESULTS Honaker, Virginia -- New Peoples Bankshares and its wholly-owned subsidiary New Peoples Bank today announced third quarter net income of $1.42 million, or $0.06 per share, for the quarter ended September 30, 2020 as compared to $876,000, or $0.04 per share, for the quarter ended September 30, 2019, which is a year-over-year quarterly improvement of $548,000, or 62.6% increase. This is primarily due to a concerted focus to improve earnings through restructuring the organization, renegotiating major contracts, enhancing processes, adding noninterest income revenue and growing earning assets. C. Todd Asbury, President and CEO of the Company, stated, “We have been working diligently over the past two years to improve efficiency and i..."
08/25/2020 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits
Docs: "Bylaws of New Peoples Bankshares, Inc. amended as of August 24, 2020"
06/01/2020 8-K Departure of a VP
05/15/2020 8-K Quarterly results
05/22/2019 8-K Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits
Docs: "Annual Meeting Presentation"
05/17/2018 8-K Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits
Docs: "Presentation of the Company delivered at the 2018 Annual Shareholders’ Meeting"
02/15/2018 8-K Results of Operations and Financial Condition, Financial Statements and Exhibits
Docs: "FOR MORE INFORMATION, CONTACT: February 15, 2018 C. Todd Asbury 873-7000 NEW PEOPLES BANKSHARES, INC. REPORTS 2017 RESULTS Honaker, Virginia -- New Peoples Bankshares and its wholly-owned subsidiary New Peoples Bank today announced consolidated net income of $3.1 million, or $0.13 earnings per share, for the year ended December 31, 2017. This compares to consolidated net income of $958 thousand, or $0.04 earnings per share, for the year ended December 31, 2016, which is an increase of $2.1 million, or $0.09 earnings per share. Highlights from the year ended December 31, 2017 include:"
01/26/2018 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
01/04/2018 8-K Quarterly results
12/19/2017 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
10/31/2017 8-K Quarterly results
06/29/2017 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements...
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