---
schema_version: "secwatch.filing_event.v1"
accession: "0001721868-22-000111"
form_type: "8-K"
ticker: "NWPP"
cik: "0001163389"
company_name: "NEW PEOPLES BANKSHARES INC"
filed_at: "2022-02-10T23:59:59+00:00"
generated_at: "2026-06-27T09:03:25.499184+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# New Peoples Bankshares posts record 2021 net income of $7.0M; Q4 EPS $0.08

## Summary
- Net income $7.0M for 2021, up 142.6% YoY; diluted EPS $0.29.
- Q4 net income $1.9M ($0.08 EPS), up 37.8% YoY; net interest margin 3.53%.
- Nonperforming assets fell to $4.3M (0.54% of assets), down 51.6% from year-end 2020.
- Retained earnings positive $2.0M for first time since 2010; book value per share $2.66.
- Loan portfolio grew $18.2M to $593.7M; deposits up 5.9% to $707.5M.

## SEC filing metadata
- accession: 0001721868-22-000111
- form_type: 8-K
- ticker: NWPP
- cik: 0001163389
- company_name: NEW PEOPLES BANKSHARES INC
- filed_at: 2022-02-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163389/000172186822000111/0001721868-22-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163389/000172186822000111/f2snwpp8k110121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001721868-22-000111
- JSON: https://secwatch.observer/filing/0001721868-22-000111.json
- Plain text: https://secwatch.observer/filing/0001721868-22-000111.txt

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