NWPP on OTC
NEW PEOPLES BANKSHARES INC
July 2004, NPB Capital Trust I was formed by New Peoples to issue $11.3 million in trust preferred securities.4 From its latest annual report
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Last updated Oct 19, 2026.
Overview
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- TickerNWPP on OTC2
- IndustryState Commercial Banks2
- HeadquartersMora, United States2
- Incorporated inVA3
- Business address67 Commerce Drive, Honaker, Va 242603
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formBusiness Corporation2
- LEI549300OKH0G142NMXW952
- StatusInactive2
- LEI statusRetired2
- Registered address45 N Union Str, 55051 Mora, United States2
- Registered withOffice of the Minnesota Secretary of State Business & Lien system, 2Q-1922
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July 2004, NPB Capital Trust I was formed by New Peoples to issue $11.3 million in trust preferred securities.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Income tax23¢$3.0M
- Profit77¢$10.1M
Out of $3.6M in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Capital spending7¢$815.0K
- Share buybacks2¢$212.0K
- Kept or used elsewhere92¢$11.3M
Out of $12.3M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Loans, including fees | $42.8M | $38.2M |
| Federal funds sold | $12.0K | $6.0K |
| Interest-bearing deposits with banks | $2.8M | $3.9M |
| Investments | $2.8M | $2.4M |
| Dividends on equity securities (restricted) | $167.0K | $173.0K |
| Total interest and dividend income | $48.6M | $44.6M |
| Deposits | $14.3M | $14.1M |
| Borrowed funds | $1.2M | $2.0M |
| Total interest expense | $15.4M | $16.1M |
| NET INTEREST INCOME | $33.2M | $28.5M |
| PROVISION FOR CREDIT LOSSES | $806.0K | $625.0K |
| NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES | $32.4M | $27.9M |
| Service charges and fees | $3.6M | $3.8M |
| Card processing and interchange income | $3.9M | $3.7M |
| Insurance and investment fees | $1.4M | $1.3M |
| Other noninterest income | $972.0K | $2.4M |
| Total noninterest income | $9.9M | $11.3M |
| Salaries and employee benefits | $15.1M | $14.5M |
| Occupancy and equipment expenses | $3.6M | $3.6M |
| Data processing and telecommunications | $2.6M | $2.5M |
| Other operating expenses | $7.8M | $8.2M |
| Total noninterest expense | $29.1M | $28.8M |
| INCOME BEFORE INCOME TAXES | $13.1M | $10.4M |
| INCOME TAX EXPENSE | $3.0M | $2.1M |
| NET INCOME | $10.1M | $8.2M |
| Income Per Share Basic | $0.43 | $0.35 |
| Income Per Share Diluted | $0.43 | $0.35 |
| Average Weighted Shares of Common Stock - Basic | 23.6M shares | 23.7M shares |
| Average Weighted Shares of Common Stock - Diluted | 23.6M shares | 23.7M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and due from banks | $13.8M | $13.2M | |
| Interest-bearing deposits with banks | $63.1M | $54.3M | |
| Federal funds sold | $252.0K | $150.0K | |
| Total cash and cash equivalents | $77.2M | $67.7M | |
| Investment securities available-for-sale, at fair value | $96.4M | $96.0M | |
| Restricted stock, at cost | $2.6M | $2.7M | |
| Loans receivable | $709.6M | $657.5M | |
| Allowance for credit losses | -$8.1M | -$7.7M | |
| Net loans | $701.5M | $649.9M | |
| Bank premises and equipment, net | $16.4M | $17.1M | |
| Other real estate owned | $89.0K | $87.0K | |
| Accrued interest receivable | $3.5M | $3.5M | |
| Deferred taxes, net | $3.9M | $4.8M | |
| Right-of-use assets - operating leases | $3.0M | $3.4M | |
| Insurance benefit receivable | $5.4M | ||
| Other assets | $5.1M | $4.4M | |
| Total assets | $909.7M | $854.9M | |
| Noninterest-bearing demand | $220.8M | $224.9M | |
| Interest-bearing deposits | $577.4M | $525.0M | |
| Total deposits | $798.3M | $750.0M | |
| Borrowed funds | $19.0M | $25.0M | |
| Lease liabilities - operating leases | $3.0M | $3.4M | |
| Accrued interest payable | $1.5M | $1.4M | |
| Accrued expenses and other liabilities | $5.1M | $4.4M | |
| Total liabilities | $826.8M | $784.2M | |
| Common stock, $2 par value: 50,000,000 shares authorized, 23,567,013 and 23,636,724 shares issued and outstanding, respectively | $47.1M | $47.3M | |
| Additional paid-in capital | $14.4M | $14.5M | |
| Retained earnings | $29.2M | $21.0M | |
| Accumulated other comprehensive loss | -$7.9M | -$12.0M | |
| Total shareholders' equity | $82.9M | $70.7M | $64.8M |
| Total liabilities and shareholders' equity | $909.7M | $854.9M | |
| Common stock, par value | $2.00 | $2.00 | |
| Common stock, shares authorized | 50.0M shares | 50.0M shares | |
| Common stock, shares issued | 23.6M shares | 23.6M shares | |
| Common stock, shares outstanding | 23.6M shares | 23.6M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and due from banks | $13.8M | $13.2M | |
| Interest-bearing deposits with banks | $63.1M | $54.3M | |
| Federal funds sold | $252.0K | $150.0K | |
| Total cash and cash equivalents | $77.2M | $67.7M | |
| Investment securities available-for-sale, at fair value | $96.4M | $96.0M | |
| Restricted stock, at cost | $2.6M | $2.7M | |
| Loans receivable | $709.6M | $657.5M | |
| Allowance for credit losses | -$8.1M | -$7.7M | |
| Net loans | $701.5M | $649.9M | |
| Bank premises and equipment, net | $16.4M | $17.1M | |
| Other real estate owned | $89.0K | $87.0K | |
| Accrued interest receivable | $3.5M | $3.5M | |
| Deferred taxes, net | $3.9M | $4.8M | |
| Right-of-use assets - operating leases | $3.0M | $3.4M | |
| Insurance benefit receivable | $5.4M | ||
| Other assets | $5.1M | $4.4M | |
| Total assets | $909.7M | $854.9M | |
| Noninterest-bearing demand | $220.8M | $224.9M | |
| Interest-bearing deposits | $577.4M | $525.0M | |
| Total deposits | $798.3M | $750.0M | |
| Borrowed funds | $19.0M | $25.0M | |
| Lease liabilities - operating leases | $3.0M | $3.4M | |
| Accrued interest payable | $1.5M | $1.4M | |
| Accrued expenses and other liabilities | $5.1M | $4.4M | |
| Total liabilities | $826.8M | $784.2M | |
| Common stock, $2 par value: 50,000,000 shares authorized, 23,567,013 and 23,636,724 shares issued and outstanding, respectively | $47.1M | $47.3M | |
| Additional paid-in capital | $14.4M | $14.5M | |
| Retained earnings | $29.2M | $21.0M | |
| Accumulated other comprehensive loss | -$7.9M | -$12.0M | |
| Total shareholders' equity | $82.9M | $70.7M | $64.8M |
| Total liabilities and shareholders' equity | $909.7M | $854.9M | |
| Common stock, par value | $2.00 | $2.00 | |
| Common stock, shares authorized | 50.0M shares | 50.0M shares | |
| Common stock, shares issued | 23.6M shares | 23.6M shares | |
| Common stock, shares outstanding | 23.6M shares | 23.6M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $10.1M | $8.2M |
| Depreciation and amortization | $1.5M | $1.6M |
| Provision for credit losses | $806.0K | $625.0K |
| Net gain on sale of available-for-sale securities | -$4.0K | |
| Income on bank owned life insurance | -$73.0K | |
| Gain on sale of mortgage loans | -$26.0K | -$9.0K |
| Gain on sale or disposal of premises and equipment | -$2.0K | -$21.0K |
| Gain on sale of other real estate owned | -$6.0K | -$74.0K |
| Loss on settlement of bank owned life insurance | $49.0K | |
| Income on bank owned life insurance death benefit | -$1.6M | |
| Loans originated for sale | -$1.1M | -$329.0K |
| Proceeds from sales of loans originated for sale | $1.1M | $338.0K |
| Net amortization/accretion of bond premiums/discounts | $70.0K | $189.0K |
| Deferred tax benefit | -$155.0K | -$286.0K |
| Accrued interest receivable | $7.0K | -$429.0K |
| Other assets | -$307.0K | -$91.0K |
| Accrued interest payable | $65.0K | -$5.0K |
| Accrued expenses and other liabilities | $246.0K | $253.0K |
| Net cash provided by operating activities | $12.3M | $8.3M |
| Net increase in loans | -$52.4M | -$20.8M |
| Purchase of securities available-for-sale | -$9.3M | -$23.3M |
| Proceeds from repayments and maturities of securities available-for-sale | $14.0M | $14.4M |
| Proceeds from sales of securities available-for-sale | $2.1M | |
| Redemption (purchase) of equity securities (restricted) | $122.0K | -$38.0K |
| Purchases of premises, equipment and software | -$815.0K | -$1.8M |
| Proceeds from sales of premises and equipment | $2.0K | $1.2M |
| Proceeds from sales of other real estate owned | $50.0K | $1.5M |
| Proceeds from settlement of bank owned life insurance | $5.4M | $761.0K |
| Net cash used in investing activities | -$42.9M | -$26.0M |
| Net change in short-term borrowings | -$10.0M | |
| Net change in long-term debt | -$6.0M | -$1.2M |
| Net change in noninterest-bearing deposits | -$4.1M | -$8.9M |
| Net change in interest-bearing deposits | $52.4M | $42.5M |
| Dividends paid | -$1.9M | -$1.7M |
| Repurchase of common stock | -$212.0K | -$282.0K |
| Net cash provided by financing activities | $40.2M | $20.4M |
| Net increase in cash and cash equivalents | $9.5M | $2.7M |
| Interest | $15.4M | $16.1M |
| Taxes | $2.7M | $2.4M |
| Real estate acquired in satisfaction of mortgage loans | $46.0K | $1.3M |
| Cash surrender value of bank owned life insurance transferred to benefit receivable | $3.9M | |
| Change in unrealized losses on securities available-for-sale | -$5.2M | -$419.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led NEW PEOPLES BANKSHARES INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerChristopher Todd Asbury Dec 21, 2017 to May 20, 202213
- Chief executive officerJonathan Mullins Jun 2, 2009 to Oct 20, 201414
- PresidentChristopher Todd Asbury Dec 21, 2017 to May 20, 202213
- PresidentJonathan Mullins Jun 2, 2009 to Oct 20, 201414
- Chief financial officerChristopher G. Speaks Sep 16, 2021 to Sep 16, 202115
- Chief financial officerJohn J. Boczar Jan 25, 2018 to Dec 18, 202016
- Chief financial officerJoseph Darrell Pennington Apr 30, 2015 to Apr 30, 201517
- Chief financial officerChristopher Todd Asbury Jan 2, 2013 to Jan 2, 201318
- Chief operating officerFrank Sexton Jr. Nov 19, 2007 to Oct 20, 201419
Board members and other officers (22)
- EVP/Chief Banking OfficerKiser W. James Jun 3, 2021 to Aug 25, 202120
- Chief Accounting OfficerJohn J. Boczar Nov 8, 2021 to May 4, 202321
- EVP & Chief Credit OfficerKaren D. Wimmer Mar 4, 2014 to Mar 4, 201422
- Exec VP/Chief Credit OfficerStephen W. Trescot Mar 2, 2011 to Mar 2, 201123
- SVP & Chief Credit OfficerSharon Borich V. Feb 22, 2010 to Feb 22, 201024
- Board memberBlaine Scott White Ii. Jun 3, 2026 to now25
- Board memberElizabeth Lynn Keene Jun 3, 2026 to now26
- Board memberBarton Scot Long Aug 20, 2024 to Feb 11, 202527
- Board memberChristopher Todd Asbury Dec 18, 2020 to May 20, 202228
- Board memberGina D. Boggess Jun 18, 2019 to Jun 18, 201929
- Board memberJ. Robert Buchanan Jan 25, 2018 to May 29, 202030
- Board memberFred W. Meade Jan 2, 2013 to Oct 21, 201431
- Board memberJonathan Mullins Aug 5, 2010 to Jan 2, 201332
- Board memberEugene S. Hearl Dec 2, 2010 to Oct 3, 201433
- Board memberCharles H. Gent Jr. May 30, 2008 to Oct 27, 201434
- Board memberHarold L. Keene Jun 2, 2008 to now35
- Board memberJoe M. Carter Jan 4, 2006 to Oct 14, 201436
- Board memberMichael G. McGlothlin Feb 13, 2006 to Oct 21, 201437
- Board memberStephen H. Starnes May 19, 2006 to Apr 8, 200838
- Board memberBill Ed Sample Jun 20, 2006 to Jun 21, 200639
- Board memberJohn D. Cox Aug 31, 2006 to now40
- Board memberFrank Kilgore Dec 1, 2006 to Jan 2, 201341
Timeline
Filings
178 filings to the SEC since October 2021: 5 annual reports, 20 quarterly reports, 45 major events, 94 insider forms, 14 other. The latest 20:
- Sep 22, 20264 EDGAR
- Sep 18, 20264 EDGAR
- Aug 12, 202610-Q EDGAR
- Aug 10, 20264 EDGAR
- Aug 7, 20264 EDGAR
- Jul 31, 20268-K EDGAR
- Jun 16, 20264 EDGAR
- Jun 16, 20263 EDGAR
- Jun 16, 20264 EDGAR
- Jun 8, 20264 EDGAR
- Jun 3, 20263 EDGAR
- Jun 3, 20263 EDGAR
- May 26, 20268-K EDGAR
- May 13, 202610-Q EDGAR
- May 1, 20264 EDGAR
- Apr 27, 20268-K EDGAR
- Apr 6, 2026ARS EDGAR
- Apr 6, 2026DEFA14A EDGAR
- Apr 6, 2026DEF 14A EDGAR
- Mar 31, 202610-K EDGAR
The 178 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
104 open-market trades by officers, directors and large owners since October 2021: 103 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 17, 2026 | White Blaine ScottDirector | Buy | 500 | $4.86 | $2.4K | Form 4 |
| Sep 17, 2026 | COX JOHN DDirector | Buy | 12,000 | $4.90 | $58.8K | Form 4 |
| Sep 15, 2026 | White Blaine ScottDirector | Buy | 5,000 | $4.85 | $24.2K | Form 4 |
| Aug 7, 2026 | White Blaine Scott IIDirector | Buy | 4,433 | $4.40 | $19.5K | Form 4 |
| Aug 5, 2026 | White Blaine ScottDirector | Buy | 1,716 | $4.35 | $7.5K | Form 4 |
| Jun 15, 2026 | KEENE HAROLD LDirector | Buy | 16,514 | $4.39 | $72.5K | Form 4 |
| Jun 12, 2026 | KEENE HAROLD LDirector | Buy | 5,000 | $4.40 | $22.0K | Form 4 |
| Jun 12, 2026 | KEENE HAROLD LDirector | Sale | 1,500 | $4.30 | $6.5K | Form 4 |
| Jun 4, 2026 | White Blaine ScottDirector | Buy | 5,000 | $4.34 | $21.7K | Form 4 |
| Apr 30, 2026 | COX JOHN DDirector | Buy | 8,570 | $3.88 | $33.3K | Form 4 |
| Mar 3, 2026 | COX JOHN DDirector | Buy | 4,234 | $4.16 | $17.6K | Form 4 |
| Mar 3, 2026 | White Blaine ScottDirector | Buy | 4,233 | $4.16 | $17.6K | Form 4 |
| Feb 13, 2026 | White Blaine ScottDirector | Buy | 11,725 | $3.84 | $45.0K | Form 4 |
| Feb 13, 2026 | COX JOHN DDirector | Buy | 11,724 | $3.84 | $45.0K | Form 4 |
| Dec 11, 2025 | KEENE HAROLD LDirector | Buy | 57,060 | $3.65 | $208.3K | Form 4 |
| Dec 10, 2025 | White Blaine ScottDirector | Buy | 101,500 | $3.65 | $370.5K | Form 4 |
| Nov 26, 2025 | COX JOHN DDirector | Buy | 3,095 | $3.20 | $9.9K | Form 4 |
| Nov 25, 2025 | KEENE HAROLD LDirector | Buy | 4,528 | $3.40 | $15.4K | Form 4 |
| Nov 21, 2025 | KEENE HAROLD LDirector | Buy | 472 | $3.40 | $1.6K | Form 4 |
| Nov 6, 2025 | KEENE HAROLD LDirector | Buy | 5,000 | $3.40 | $17.0K | Form 4 |
All 104 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 25SEC EDGARBlaine Scott White Ii., Board member
- 26SEC EDGARElizabeth Lynn Keene, Board member
- 27SEC EDGARBarton Scot Long, Board member
- 28
- 29SEC EDGARGina D. Boggess, Board member
- 30SEC EDGARJ. Robert Buchanan, Board member
- 31SEC EDGARFred W. Meade, Board member
- 32SEC EDGARJonathan Mullins, Board member
- 33SEC EDGAREugene S. Hearl, Board member
- 34SEC EDGARCharles H. Gent Jr., Board member
- 35SEC EDGARHarold L. Keene, Board member
- 36SEC EDGARJoe M. Carter, Board member
- 37SEC EDGARMichael G. McGlothlin, Board member
- 38SEC EDGARStephen H. Starnes, Board member
- 39SEC EDGARBill Ed Sample, Board member
- 40SEC EDGARJohn D. Cox, Board member
- 41SEC EDGARFrank Kilgore, Board member