secwatch.observer — SEC 8-K summary
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Issuer:     NEW PEOPLES BANKSHARES INC (NWPP)
CIK:        0001163389
Form:       8-K
Filed at:   2022-02-10T23:59:59+00:00
Accession:  0001721868-22-000111
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163389/000172186822000111/0001721868-22-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163389/000172186822000111/f2snwpp8k110121.htm
  HTML page:      https://secwatch.observer/filing/0001721868-22-000111

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