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CAPITAL (Tables)
9 Months Ended
Sep. 30, 2018
Capital [Abstract]  
Schedule of capital requirements

These ratios comply with Federal Reserve rules to align with the Basel III Capital requirements effective January 1, 2015.

 

    Actual   Minimum Capital Requirement   Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions
(Dollars are in thousands)   Amount   Ratio   Amount   Ratio   Amount   Ratio
September 30, 2018:
Total Capital to Risk Weighted Assets:                                                
New Peoples Bank, Inc.   $ 69,080       14.57 %   $ 37,928       8.0 %   $ 47,411       10.0 %
Tier 1 Capital to Risk Weighted Assets:                                                
New Peoples Bank, Inc.     63,800       13.46 %     28,446       6.0 %     37,928       8.0 %
Tier 1 Capital to Average Assets:                                                
New Peoples Bank, Inc.     63,800       9.39 %     27,170       4.0 %     33,962       5.0 %
Common Equity Tier 1 Capital
to Risk Weighted Assets:
                                               
New Peoples Bank, Inc.     63,800       13.46 %     21,335       4.5 %     30,817       6.5 %
                                                 

 

December 31, 2017:

                                               
Total Capital to Risk Weighted Assets:                                                
New Peoples Bank, Inc.     68,787       15.30 %   $ 35,970       8.0 %   $ 44,962       10.0 %
Tier 1 Capital to Risk Weighted Assets:                                                
New Peoples Bank, Inc.     63,160       14.05 %     26,977       6.0 %     35,970       8.0 %
Tier 1 Capital to Average Assets:                                                
New Peoples Bank, Inc.     63,160       9.56 %     26,422       4.0 %     33,028       5.0 %
Common Equity Tier 1 Capital
to Risk Weighted Assets:
                                               
New Peoples Bank, Inc.     63,160       14.05 %     20,233       4.5 %     29,225       6.5 %