New Peoples Bankshares (NWPP) Loans - Loss Allowance (2010 - 2024)

New Peoples Bankshares (NWPP) has 15 years of Loans - Loss Allowance data on file, last reported at -$7.4 million in Q1 2024.

• On a quarterly basis, Loans - Loss Allowance fell 211.18% year-over-year to -$7.4 million in Q1 2024; TTM through Mar 2024 was -$7.4 million, a 211.18% decrease from a year earlier, with the FY2023 full-year figure at -$7.3 million, down 7.86% from the prior year.
• Loans - Loss Allowance for Q1 2024 stood at -$7.4 million, down from -$7.3 million in the prior quarter.
• Over the last five years, Loans - Loss Allowance for NWPP reached as high as $7.3 million in Q1 2021 and fell as low as -$7.4 million in Q1 2024.
• Historically, Loans - Loss Allowance has averaged $4.3 million across 5 years, with a median of $6.7 million in 2021.
• Across the five-year window, Loans - Loss Allowance soared 35.67% in 2020 and sank 211.18% in 2024, its largest moves.
• Year by year, Loans - Loss Allowance stood at $7.2 million in 2020, then slipped by 6.34% to $6.7 million in 2021, then plunged by 199.88% to -$6.7 million in 2022, then decreased by 7.86% to -$7.3 million in 2023, then slipped by 2.07% to -$7.4 million in 2024.
• Per Business Quant data, the three most recent Loans - Loss Allowance figures were -$7.4 million in Q1 2024, -$7.3 million in Q4 2023, and $6.9 million in Q3 2023.