Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCash Due from BankCommon EquityFed Funds SoldInterest DepositsLiabilities and Shareholders EquityLoans - NetLong-Term Deferred TaxOperating LeasesOther Non-Current AssetsOther Non-Current LiabilitiesPayablesProperty, Plant & Equipment (Net)Receivables - AccuredRetained EarningsShareholder's EquityShares OutstandingShort-term InvestmentsTotal LiabilitiesTotal Non-Current LiabilitiesTreasury Shares
Cash Flow Statement
Growth Metrics
Income Statement
Others
Ratios

New Peoples Bankshares (NWPP) Loans - Loss Allowance (2017 - 2023)

New Peoples Bankshares (NWPP) has disclosed Loans - Loss Allowance for 7 consecutive years, with $164000.0 as the latest value for Q4 2023.

  • On a quarterly basis, Loans - Loss Allowance fell 57.51% to $164000.0 in Q4 2023 year-over-year; TTM through Dec 2023 was $164000.0, a 57.51% decrease, with the full-year FY2023 number at $164000.0, down 57.51% from a year prior.
  • Loans - Loss Allowance was $164000.0 for Q4 2023 at New Peoples Bankshares, down from $6.9 million in the prior quarter.
  • In the past five years, Loans - Loss Allowance ranged from a high of $7.3 million in Q1 2021 to a low of $164000.0 in Q4 2023.
  • A 5-year average of $5.8 million and a median of $6.7 million in 2021 define the central range for Loans - Loss Allowance.
  • Peak YoY movement for Loans - Loss Allowance: surged 35.67% in 2020, then plummeted 94.27% in 2022.
  • New Peoples Bankshares' Loans - Loss Allowance stood at $5.4 million in 2019, then skyrocketed by 33.96% to $7.2 million in 2020, then dropped by 6.34% to $6.7 million in 2021, then tumbled by 94.27% to $386000.0 in 2022, then tumbled by 57.51% to $164000.0 in 2023.
  • Per Business Quant, the three most recent readings for NWPP's Loans - Loss Allowance are $164000.0 (Q4 2023), $6.9 million (Q3 2023), and $6.8 million (Q2 2023).