New Peoples Bankshares, Inc. · OTC:NWPP
New Peoples Bankshares — Shareholder Meeting (May 2025)
20 slides from New Peoples Bankshares's shareholder meeting presentation, May 21, 2025
Slide 1: 2025 Annual Shareholders Meeting
2025 ANNUAL SHAREHOLDERS MEETING
Slide 2: In Remembrance
Eugene Hearl Eugene “Gene” Hearl, began an almost 70-year career as a banker in Bristol, Big Stone Gap, Richlands, and Grundy, working for the former Dominion / Cumberland Bank and TruPoint Bank. He retired at age 90 after serving 11 years on the Board of Directors of New Peoples Bank. IN REMEMBERAN
Slide 3: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward — Looking Statements This presentation includes forward-looking statements. These forward-looking statements are based on current expectations that involve risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or
Slide 4: Our Mission, Vision, & Core Values
Our Mission, Vision, & Core Values Vision Our vision is to remain nimble in a constantly evolving banking environment where we aim to provide customers with the products they desire and the exceptional service they associate with a locally owned bank, fostering continual growth and reliable earnings
Slide 5: Growth: Bank Accomplishments in 2024
Growth Bank Accomplishments in 2024 Net Income Retention > Dividend Wytheville Increased loans by $19MM and grew deposits by nearly $34MM Opened a Branch in Boone, NC- First office in NC >@ Highest net income in the company’s history > >@ Announced a new LPO in Wytheville
Slide 6: Total Assets
Total Assets Total Assets $900 2024 $880 Total Asset Growth $860 3.46% $840 New Peoples Bankshares $820 $800 $780 $760 $740 $720 $700 $680 2020 2021 2022 2023 2024 2025Q1
Slide 7: Total Loans
Total Loans NP New Peoples —— BANK —— 2025Q1 2024 2022 2021 2024 Total Loan Growth 2023 3.04% 2020 $520 $540 $560 $580 $600 $620 $640 $660 $680 New Peoples Bankshares
Slide 8: Total Deposits
$800 $780 $760 $740 $720 $700 $680 $660 $640 $620 $600 New Peoples 2024 Total Deposit Growth 4.68% 2020 2021 2022 2023 2024 2025 Ql Total Deposits Be _-
Slide 9: Key Performance Ratios
Key Performance Ratios ss |an21 | 272] 20s | 200205 Net Income (In thousands) $2,890 $7,010 $8,082 $7,184 $8,204 ROA 0.39% 0.88% 0.99% 0.91% 0.96% ROE 5.18% 11.52% 13.89% 12.00% 12.28% Efficiency Ratio New Peoples —— BANK——
Slide 10: Non-Performing Assets
Non-Performing Assets 1.60% 1.40% 1.20% 1.00% ——— 0.80% oe 0.40% 0.20% 0.00% 2020 2021 2022 2023 2024 Q1 2025 =*=Total Non-Performing Assets © —®=Past Due (%) | -®=Non-Accrual
Slide 11: We Remain Well Capitalized
We Remain Well Capitalized NP New Peoples —— BANK—— 12.00% 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% Capital Ratios 2020 2021 2022 2023 2024 2025 Q1 —@Tier 1 Leverage =@=Well Capitalized
Slide 12: New Peoples Bankshares, Inc. (NWPP)
New Peoples Bankshares, Inc. New Peoples (NWPP) Stock Price $2.00 $2.04 $2.30 $2.40 $3.55 $2.90 Book Value $2.43 $2.66 $2.40 $2.73 $2.99 $3.07 Dividend $0.05 $0.06 $0.07 $0.08
Slide 13: 2025 Bank Initiatives
2025 Bank Initiatives @ Sustain our NIM Sustain a net interest margin that exceeds the industry average by strategically managing deposit cost Aim to create moderate asset growth to increase the earning base Efficiency Reduce the efficiency ratio to move closer inline with competing banks by managin
Slide 14: Core Conversion Jack Henry
Core Conversion jack henry’ iv) Better Long-Term Partnership Jack Henry focuses on delivering excellent customer service while prioritizing innovation. Technology is changing at a rapid pace, so we chose a partner that we feel is leading the financial sector in innovation. @ Enhanced Digital Experie
Slide 15: Current Challenges in Banking
Current Challenges in Banking Margin Economy Fraud Compressed margins due to fight Continued uncertainty in the Fraud is up over 400% since for deposits and rapid rate economy pandemic increases Inflation Inflation driving up the cost of doing Increased regulatory scrutiny business
Slide 16: Stock Repurchase Program
Stock Repurchase Program Contact If interested, please contact Kristy Northern, Manager of Investor & Vendor Relations, at 276-873-7023. Repurchases Repurchases may be made through open market purchases or in privately negotiated transactions. Means and Timing The actual means and timing of any purc
Slide 17: Full-Service Branch in Boone
The Boone team, under the leadership of Market President Garrett Shore, includes Branch Manager Mike Clark, Relationship Banker Rebekah Schulz, and Commercial Loan Assistant Cammy Pittman. FULL-SERVICE BRANCH IN BOONE New ie 230 Wilson Drive Boone, North Carolina On February 28, 2024, we launched ou
Slide 18: Wytheville Loan Production Office
Our Team 165 West Main St. Wytheville, Virginia bbs and Malea Varney are rangers to the Wytheville market, and we are thankful to have them on our team! Wytheville Loan Production Office On April 3, 2025, the Grand Opening was a huge success where New Peoples we were able to reconnect with clients a
Slide 19: Friends, Family, & Fun
FRIENDS, FAMILY, & FUN NP New Peoples
Slide 20: 2025 Annual Shareholders Meeting
2025 | New Peoples Bankshares, Inc. Annual Shareholders Meeting ___
New Peoples Bankshares — Shareholder Meeting (May 2025) on 6ix