New Peoples Bank, Inc.

Honaker, VA
IDRSSD: 2736451
Total Assets
$911.14M
Latest filing
Total Deposits
$800.50M
Latest filing
Net Interest Margin
4.16%
Profitability

Locations

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Main Office
New Peoples Bank, Inc.
53 Commerce Dr
Honaker, VA 24260
Full Service - Brick and Mortar
Updated 11/14/2025Established 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 Employees179
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 Updated11/14/2025
CERT34890
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$911.14M
Total Deposits$800.50M
Total Liabilities$820.55M
Total Equity Capital$90.58M
Net Income$2.96M
Net Loans and Leases$699.30M
Assets Per Employee ($Millions)$5.01M
Bank Premises and Fixed Assets$16.69M
Cash and Balances due from Depository Institutions$80.22M
Deposits Held in Domestic Offices$800.50M

Key Performance Ratios

Return on Assets (ROA)1.31%
Return on Equity (ROE)13.39%
Net Interest Margin4.16%
Efficiency Ratio64.71%
Tier 1 Risk-Based Capital Ratio14.798%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.08%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.942%
Earning Assets to total Assets94.66%

Income and Expense

Total Interest Income$12.61M
Total Noninterest Income$2.51M
Total Interest Expense$3.77M
Total Noninterest Expense$7.35M
Net Interest Income$8.84M
Pre-tax Net Operating Income$3.82M
Provision for Credit Losses$188.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$89.00k
Other borrowed funds$10.00M
Federal Funds Sold & Reverse Repurchase Agreement$486.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$10.05M
Total Liabilities and Capital$911.14M

Securities

Securities$96.15M
Available-for-sale debt securities$96.15M
Equity securities with readily determinable fair values not held for trading$0
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.?
$911.14M as of the latest filing.
How much are New Peoples Bank, Inc.'s total deposits?
$800.50M in total deposits.
Where is New Peoples Bank, Inc. located?
Honaker, VA.
What is the Net Interest Margin?
4.16%.
How many domestic offices does it operate?
19.
When was it established?
10/28/1998.
What is the Return on Assets (ROA)?
1.31%.
How much are total loans and leases?
$699.30M (latest filing).
What is the total interest income (latest filing)?
$12.61M.