New Peoples Bank, Inc.

Honaker, VA
IDRSSD: 2736451
Total Assets
$910.16M
Latest filing
Total Deposits
$799.45M
Latest filing
Net Interest Margin
4.11%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

051408897HONAKER, VA

Key People

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Locations

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Main Office
New Peoples Bank, Inc.
53 Commerce Dr
Honaker, VA 24260
Full Service - Brick and Mortar
Updated 01/30/2026Established 10/28/1998FDIC Certificate 61953

Branches (18)

Page 1 of 3
NameAddressCity / State
New Peoples Bank, Inc. (Main)53 Commerce DrHonaker, VA
CASTLEWOOD OFFICE87 Miners DrCastlewood, VA
LEBANON OFFICE1421 East Main StreetLebanon, VA
HAYSI OFFICE111 Haysi MainHaysi, VA
POUNDING MILL OFFICE12602 Governor G C Peery HwyPounding Mill, VA
GATE CITY OFFICE BRANCH663 East Jackson StGate City, VA
CLINTWOOD OFFICE BRANCH198 Colley Shopping CtrClintwood, VA
PRINCETON-STAFFORD BRANCH1221 Stafford DrPrinceton, WV
Showing 7 of 18

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date10/28/1998
Community BankYes
Ownership TypeNot Mutual
ZIP24260
State and County Number51167
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number05
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameN/A

Operational Info

Number of Employees182
Domestic Offices19
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance10/28/1998
Primary Insurance AgencyDIF
Websitewww.newpeoples.bank
Data Updated01/30/2026
CERT34890
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$910.16M
Total Deposits$799.45M
Total Liabilities$816.03M
Total Equity Capital$94.13M
Net Income$3.09M
Net Loans and Leases$701.48M
Assets Per Employee ($Millions)$5.14M
Bank Premises and Fixed Assets$16.40M
Cash and Balances due from Depository Institutions$76.96M
Deposits Held in Domestic Offices$799.45M

Key Performance Ratios

Return on Assets (ROA)1.36%
Return on Equity (ROE)13.39%
Net Interest Margin4.11%
Efficiency Ratio62.98%
Tier 1 Risk-Based Capital Ratio15.63%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.09%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.342%
Earning Assets to total Assets94.66%

Income and Expense

Total Interest Income$12.63M
Total Noninterest Income$2.62M
Total Interest Expense$3.78M
Total Noninterest Expense$7.22M
Net Interest Income$8.85M
Pre-tax Net Operating Income$4.04M
Provision for Credit Losses$204.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$89.00k
Other borrowed funds$7.00M
Federal Funds Sold & Reverse Repurchase Agreement$252.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$9.58M
Total Liabilities and Capital$910.16M

Securities

Securities$96.43M
Available-for-sale debt securities$96.43M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of New Peoples Bank, Inc.?
$910.16M as of the latest filing.
How much are New Peoples Bank, Inc.'s total deposits?
$799.45M in total deposits.
Where is New Peoples Bank, Inc. located?
Honaker, VA.
What is the Net Interest Margin?
4.11%.
How many domestic offices does it operate?
19.
When was it established?
10/28/1998.
What is the Return on Assets (ROA)?
1.36%.
How much are total loans and leases?
$701.48M (latest filing).
What is the total interest income (latest filing)?
$12.63M.