New Peoples Bank, Inc.
Honaker, VA · Owner: New Peoples Bankshares, Inc.
$942M
total assets, June 30, 2026
$942M
total assets, June 30, 2026
New Peoples Bank, Inc. is a state member bank based in Honaker, VA, owned by New Peoples Bankshares, Inc. (NWPP). As of June 30, 2026 it held $942.5 million in assets and $828.4 million in deposits; assets were up 5.5% from a year before. It has 19 branches in 4 states.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$942M
+5.5% in a year · +0.3% in a quarter
Deposits
$828M
+5.8% in a year · -0.1% in a quarter
Loans
$734M
+5.4% in a year · +1.4% in a quarter
Profit so far
$6.9M
Jan 1 to Jun 30, 2026 · +42.4% in a year
Capital ratio
11.16%
+0.43 pts in a year
Return on assets
1.48%
+0.38 pts in a year
Facts
- Type
- State member bank
- Head office
- 53 Commerce Dr, Honaker, VA, 24260
- County
- Russell
- Holding company
- New Peoples Bankshares, Inc. (NWPP)
- Established
- Oct 28, 1998
- Employees
- 177
- Branches
- 19 in 4 states
- Website
- www.newpeoples.bank
- Id
- b34890
Quarter by quarter
December 31, 1998 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
19 offices as of June 30, 2026, holding $828.4 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Virginia | 15 | $696M | 84.0% |
| West Virginia | 2 | $90.5M | 10.9% |
| Tennessee | 1 | $28.5M | 3.4% |
| North Carolina | 1 | $13.1M | 1.6% |
| Largest branches | Place | Deposits |
|---|---|---|
| Grundy Office Branch | Grundy, VA | $83.5M |
| New Peoples Bank, Inc. (main office) | Honaker, VA | $76.6M |
| Princeton-Stafford Branch | Princeton, WV | $68.0M |
| Abingdon Office Branch | Abingdon, VA | $65.8M |
| Bluefield Office Branch | Bluefield, VA | $56.9M |
| Pounding Mill Office | Pounding Mill, VA | $53.6M |
| Esserville Branch | Norton, VA | $51.3M |
| Bristol W. State Branch | Bristol, VA | $49.8M |
| Gate City Office Branch | Gate City, VA | $47.6M |
| Clintwood Office Branch | Clintwood, VA | $47.3M |
Related pages
Questions and answers
How big is New Peoples Bank, Inc.?
$942.5 million in total assets and $828.4 million in deposits as of June 30, 2026, with assets up 5.5% from a year before. Its loans were $733.6 million.
How many branches does New Peoples Bank, Inc. have?
19 branches in 4 states as of June 30, 2026. The most deposits are in Virginia ($696.2 million).
Is New Peoples Bank, Inc. profitable?
Yes: it earned $6.88 million from January 1 to June 30, 2026 (up 42.4% from the same months a year before). Its return on assets was 1.48% a year; about 1% is typical.
Who owns New Peoples Bank, Inc.?
New Peoples Bank, Inc. is owned by New Peoples Bankshares, Inc., its holding company, which is listed as NWPP.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.