{"schema_version":"secwatch.filing_event.v1","accession":"0001903596-23-000108","form_type":"8-K","ticker":"NWPP","cik":"0001163389","company_name":"NEW PEOPLES BANKSHARES INC","filed_at":"2023-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.006486+00:00","generated_at":"2026-06-19T23:50:57.979749+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"New Peoples Bankshares reports record 2022 net income of $8.1M; Q4 EPS $0.09, NIM widens to 3.86%","bullets":["Record annual net income of $8.1M ($0.34 diluted EPS) for 2022, up 15.7% from $7.0M ($0.29) in 2021.","Q4 2022 net income $2.3M ($0.09/diluted), up 17.4% YoY; eighth consecutive quarter of increased earnings.","Net interest margin improved to 3.86% in Q4 2022 from 3.53% in Q4 2021; full-year NIM was 3.61%.","Total deposits declined $14.8M (2.1%) in 2022, mainly in Q4; loans fell $9.1M (1.5%) for the year but grew 3.2% annualized in Q4.","Book value per share decreased to $2.40 from $2.66 due to $13.1M unrealized loss on AFS securities; core equity rose $6.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0001903596-23-000108","json":"https://secwatch.observer/filing/0001903596-23-000108.json","markdown":"https://secwatch.observer/filing/0001903596-23-000108.md","text":"https://secwatch.observer/filing/0001903596-23-000108.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163389/000190359623000108/0001903596-23-000108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163389/000190359623000108/nwpp_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T23:50:57.979749+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":"4e99044286b0fb8bb84e4a76f0efc6c6c002b092","claim":"NEW PEOPLES BANKSHARES INC reported the year ended December 31, 2022 results: net income $8.1 million, EPS $0.34 per diluted share.","evidence_excerpt":"For the year ended December 31, 2022, net income was $8.1 million, or $0.34 per share, compared to $7.0 million, or $0.29 per share, for 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163389/000190359623000108/0001903596-23-000108-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Net income","value":"$8.1 million"},{"label":"EPS","value":"$0.34 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a30893496ffdd0aba8b92876679d7bda6cea325f","claim":"NEW PEOPLES BANKSHARES INC reported the quarter ended December 31, 2022 results: net income $2.3 million, EPS $0.09 per diluted share.","evidence_excerpt":"reported fourth quarter 2022 net income of $2.3 million, or $0.09 per share, as compared to $1.9 million, or $0.08 per share, for the fourth quarter of 2021","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163389/000190359623000108/0001903596-23-000108-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Net income","value":"$2.3 million"},{"label":"EPS","value":"$0.09 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}