---
schema_version: "secwatch.filing_event.v1"
accession: "0001721868-21-000737"
form_type: "8-K"
ticker: "NWPP"
cik: "0001163389"
company_name: "NEW PEOPLES BANKSHARES INC"
filed_at: "2021-11-01T23:59:59+00:00"
generated_at: "2026-06-28T15:37:15.559022+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# New Peoples Bankshares Q3 net income rises 29.6% to $1.8M; YTD earnings up 240%

## Summary
- Q3 net income $1.8M ($0.08 EPS) vs $1.4M ($0.06) a year ago; YTD net income $5.1M ($0.21) vs $1.5M.
- Net interest margin improved to 3.93% from 3.52% prior quarter; zero provision for loan losses vs $450K last year.
- Nonperforming assets fell 11.6% QoQ to $5.4M; net charge-offs annualized 0.03%.
- Sold three former branches for $190K gains; transferred three more to OREO at $1.1M loss.
- Total assets grew $44.5M (5.9%) since Dec 2020; deposits up $45.4M.

## SEC filing metadata
- accession: 0001721868-21-000737
- form_type: 8-K
- ticker: NWPP
- cik: 0001163389
- company_name: NEW PEOPLES BANKSHARES INC
- filed_at: 2021-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163389/000172186821000737/0001721868-21-000737-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163389/000172186821000737/f2snwpp8k110121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001721868-21-000737
- JSON: https://secwatch.observer/filing/0001721868-21-000737.json
- Plain text: https://secwatch.observer/filing/0001721868-21-000737.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.