Highest-materiality recent filing
New Peoples Bankshares extends share repurchase plan for up to 500,000 shares through March 2027
Board authorized continuation of existing repurchase program for up to 500,000 shares.
CEO C. Todd Asbury steps down effective March 31, 2024; James W. Kiser, Bank CEO, assumes Company CEO role.
New Peoples Bankshares appoints James W. Kiser as Bank President and CEO effective Dec 1, 2023
James W. Kiser named President and CEO of New Peoples Bank, Inc., effective December 1, 2023.
New Peoples Bankshares Q1 net income up 5.2% to $2.0M, stable NIM at 3.83%
Net income $2.0M ($0.08 diluted EPS) vs $1.9M ($0.08) in Q1 2022, up 5.2%.
New Peoples Bankshares reports record 2022 net income of $8.1M; Q4 EPS $0.09, NIM widens to 3.86%
Record annual net income of $8.1M ($0.34 diluted EPS) for 2022, up 15.7% from $7.0M ($0.29) in 2021.
New Peoples Bank discloses cybersecurity incident; customer data potentially accessed
Unauthorized access gained on June 9, discovered June 15; systems restored and operations resumed.
Record Q1 net income $1.92M ($0.08), up 21.2% from $1.58M ($0.07) in Q1 2021.
New Peoples Bankshares declares first cash dividend: $0.05/share payable March 31, 2022
Dividend of $0.05 per share declared, payable March 31, 2022 to shareholders of record March 15, 2022.
New Peoples Bankshares posts record 2021 net income of $7.0M; Q4 EPS $0.08
Net income $7.0M for 2021, up 142.6% YoY; diluted EPS $0.29.
New Peoples Bankshares Q3 net income rises 29.6% to $1.8M; YTD earnings up 240%
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.
director C. Todd Asbury will not stand for reelection and will step down from the board of directors effective with the Annual Meeting of Shareholders scheduled for May 20, 2025.
C. Todd Asbury, the President and Chief Executive Officer of the Company, will step down from his current positions effective March 31, 2024.
James W. Kiser, the President and Chief Executive Officer of the Bank, will assume those same duties with the Company on March 31, 2024.
On January 19, 2024, the board of directors of New Peoples Bankshares, Inc. (the “Company”) appointed Barton Scot Long and James W. Kiser as directors of the Company.
On January 19, 2024, the board of directors of New Peoples Bankshares, Inc. (the “Company”) appointed Barton Scot Long and James W. Kiser as directors of the Company.
On August 7, 2023, New Peoples Bankshares, Inc. (the “Company”), the holding company of New Peoples Bank, Inc. (the “Bank”), issued a press release announcing that C. Todd Asbury, the President and Chief Executive Officer of the Company and the Bank, will step down from his current Bank positions effective December 1, 2023 and his current Company positions effective May 31, 2024.
On February 21, 2023, the board of directors was informed that director Charles Gent resigned effective February 21, 2023.
On August 16, 2022, E. Stephen Lilly, a member of the Boards of Directors of New Peoples Bankshares, Inc. (the “Company”) and its wholly-owned subsidiary, New Peoples Bank, Inc. (the “Bank”), notified the Company and the Bank of his decision to resign as a director of both entities effective August 16, 2022.
On June 30, 2022, the board of directors of New Peoples Bankshares, Inc. (the “Company”) appointed E. Stephen Lilly as a director of the Company and its wholly-owned subsidiary, New Peoples Bank (the “Bank”).
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.
On July 12, 2021, New Peoples Bankshares, Inc. (the “Company”) appointed Christopher G. Speaks as Executive Vice President, Chief Financial Officer and Treasurer of the Company and its wholly-owned subsidiary, New Peoples Bank (the “Bank”).
Mr. Speaks’s appointment will be effective August 16, 2021, following the Company’s filing of its Quarterly Report on Form 10-Q for the quarter ended June 30, 2021, at which time John J. Boczar will be transitioning to Chief Accounting Officer and Secretary of the Company.
Max materiality 0.75 · Median 0.30 · Most common event earnings