{"schema_version":"secwatch.filing_event.v1","accession":"0001903596-22-000229","form_type":"8-K","ticker":"NWPP","cik":"0001163389","company_name":"NEW PEOPLES BANKSHARES INC","filed_at":"2022-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.906372+00:00","generated_at":"2026-06-26T02:27:36.850375+00:00","sec_items":["2.02","5.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"New Peoples Bankshares reports record Q1 net income $1.92M, EPS $0.08; authorizes buyback of 500K shares","bullets":["Record Q1 net income $1.92M ($0.08), up 21.2% from $1.58M ($0.07) in Q1 2021.","Net interest income rose $208K to $6.6M; provision for loan losses reduced $86K to $100K; NIM 3.53%.","Total deposits increased $23.5M to $731.0M; total assets $813.5M, up 2.4% since Dec 2021.","Board authorized repurchase of up to 500,000 shares through March 31, 2023.","Director Eugene Hearl to retire effective May 17, 2022 Annual Meeting; not due to disagreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001903596-22-000229","json":"https://secwatch.observer/filing/0001903596-22-000229.json","markdown":"https://secwatch.observer/filing/0001903596-22-000229.md","text":"https://secwatch.observer/filing/0001903596-22-000229.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163389/000190359622000229/0001903596-22-000229-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163389/000190359622000229/sfsnwpp8k042922.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T02:27:36.850375+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a4dad5e6db","claim":"Eugene Hearl retired as director at NEW PEOPLES BANKSHARES INC.","evidence_excerpt":"On April 25, 2022, the board of directors was informed that director Eugene Hearl would retire effective with the Annual Meeting of Shareholders scheduled for May 17, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163389/000190359622000229/0001903596-22-000229-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}