New Peoples Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	42.84	38.21	32.55	27.74	28.32
Interest Income on Investments	5.74	6.43	4.58	3.65	1.59
Total Interest Income	48.59	44.63	37.14	31.39	29.91
Interest Paid on Deposits	14.27	14.15	7.58	1.88	2.25
Interest Paid on Borrowings	1.16	1.97	1.53	1.23	0.45
Total Interest Expense	15.43	16.11	9.12	3.11	2.7
Net Interest Income	33.16	28.52	28.02	28.29	27.21
Net Interest Income Growth (YoY)	16.25%	1.79%	-0.94%	3.95%	8.22%
Gain (Loss) on Sale of Assets	0	0.02	0.05	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	0.32
Other Non-Interest Income	9.91	11.23	9.65	9.24	9.66
Total Non-Interest Income	9.91	11.25	9.69	9.24	9.98
Non-Interest Income Growth (YoY)	-11.94%	16.12%	4.89%	-7.41%	22.50%
Revenues Before Loan Losses	43.07	39.78	37.71	37.53	37.19
Provision for Loan Losses	0.81	0.63	0.65	0.63	0.37
Revenue	42.26	39.15	37.06	36.9	36.82
Revenue Growth (YoY)	7.94%	5.63%	0.44%	0.22%	18.81%
Salaries and Employee Benefits	15.15	14.51	14.26	13.37	12.66
Occupancy Expenses	3.03	3.01	2.99	3.68	5.26
Selling, General & Administrative	3.45	3.34	3.15	2.99	3.22
Other Non-Interest Expense	7.49	7.94	7.59	6.49	6.72
Total Non-Interest Expense	29.12	28.8	27.99	26.52	27.87
EBT Excluding Unusual Items	13.15	10.35	9.07	10.38	8.95
Pretax Income	13.15	10.35	9.33	10.38	8.95
Income Tax Expense	3.05	2.15	2.15	2.3	1.94
Net Income	10.1	8.2	7.18	8.08	7.01
Net Income to Common	10.1	8.2	7.18	8.08	7.01
Net Income Growth	23.09%	14.20%	-11.11%	15.29%	142.56%
Basic Shares Outstanding	24	24	24	24	24
Diluted Shares Outstanding	24	24	24	24	24
Shares Change (YoY)	-0.35%	-0.51%	-0.39%	-0.10%	-0.29%
EPS (Basic)	0.43	0.35	0.30	0.34	0.29
EPS (Diluted)	0.43	0.35	0.30	0.34	0.29
EPS Growth	23.52%	15.47%	-11.29%	16.61%	141.67%
Dividend Per Share	0.080	0.070	0.060	0.050	-
Dividend Growth	14.29%	16.67%	20.00%	-	-
Effective Tax Rate	23.18%	20.76%	23.01%	22.15%	21.69%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.