NEW PEOPLES BANKSHARES INC
For the period ended Apr 11, 2024. Filed Apr 11, 2024.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 11, 2024 · Filed Apr 11, 2024
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Contents
Pay versus Performance Table
The following table provides information on total compensation and compensation actually paid to our principal executive officer (“PEO”) and to our remaining named executive officers (“NEOs”) for the fiscal years ended December 31, 2023 and December 31, 2022, and the cumulative shareholder return on our common stock and our net income over the same time period.
| Year | Summary Compensation Table Total for PEO(1) | Compensation Actually Paid to PEO(1) | Average Summary Compensation Table Total for Non-PEO NEOs(2) | Average Compensation Actually Paid to Non-PEO NEOs (2) | Value of Initial Fixed $100 Investment Based on Total Shareholder Return(3) | Net Income(in Thousands) |
|---|---|---|---|---|---|---|
| 2023 | $481,407 | $465,554 | $295,105 | $295,105 | $123.40 | $7,184 |
| 2022 | $393,685 | $393,685 | $279,223 | $279,223 | $115.19 | $8,082 |
| (1) | During 2023 and 2022, C. Todd Asbury was our PEO. |
| (2) | During 2023 and 2022, our remaining NEOs consisted of James W. Kiser and Christopher G. Speaks. |
| (3) | Calculated based on a fixed investment of $100 in the Company’s stock, based on the closing price of the Company’s stock on the last trading day prior to January 1, 2022, assuming reinvestment of dividends, through and including the end of each fiscal year. |
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