Tim W. Ball
About Tim W. Ball
Independent director of NWPP since 1999; age 65 as of the 2025 proxy. President/Owner of Ball Coal Company and Tim Ball Trucking Company (since 1985) and President of Tim Ball Farming Corporation (since 1987). Education: 1982 graduate of Emory & Henry College. Background emphasizes small business leadership in mining and agriculture, aligning with NWPP’s customer base.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Ball Coal Company | President, Owner & Operator | 1985–present | Industry experience informs Board perspective on mining customers |
| Tim Ball Trucking Company | Owner | 1985–present | Logistics/operations experience relevant to local markets |
| Tim Ball Farming Corporation | President | 1987–present | Agriculture experience aligns with customer base |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Emory & Henry College | Graduate (B.A., year inferred by graduation date) | 1982 | No public company boards disclosed in NWPP proxies |
Board Governance
- Committee assignments: Compensation Committee (2025); previously Compensation and Nominating Committees (2024, prior years)
- Chair roles: None disclosed for Ball (Chair roles held by others; e.g., Keene as Chair; White as Vice Chair)
- Independence: Board determined all non-management directors (except the CEO) were independent under Nasdaq standards in multiple years; Ball is a non-management director and thus treated as independent
- Years of service: Director since 1999
- Engagement/attendance: No director-specific attendance metrics disclosed for NWPP proxies; overall governance text does not provide per-director attendance
Fixed Compensation
| Metric | 2013 | 2016 | 2019 | 2020 | 2021 | 2022 | 2024 |
|---|---|---|---|---|---|---|---|
| Tim W. Ball – Fees Earned or Paid in Cash ($) | $8,800 | $8,800 | $9,000 | $9,000 | $9,000 | $9,400 | $14,200 |
| Program details (all directors) | $700/month board retainer; $200 per committee meeting | $700/month board retainer; $200 per committee meeting | $700/month; $200 per committee meeting | $700/month; $200 per committee meeting | $700/month; $200 per committee meeting | $700/month; $200 per committee meeting | $1,000/month; Chair $1,300/month; Exec Committee $300/month; meeting fees: Chairs $250, Members $200 |
- No equity compensation for directors is shown in recent NWPP proxies; compensation is cash-based (retainers and meeting fees)
Performance Compensation
| Element | Disclosure | Notes |
|---|---|---|
| Stock awards (RSUs/PSUs) | None disclosed for directors in NWPP proxies | Director pay comprises cash retainers and meeting fees |
| Option awards | None disclosed for recent years; older proxies referenced options generally (not current practice) | No option grants to Ball in recent proxies |
| Performance metrics tied to director pay | None disclosed (no TSR/revenue/EBITDA metrics) | Director compensation not performance-linked |
Other Directorships & Interlocks
| Company | Role | Committee Roles | Interlock/Conflict Notes |
|---|---|---|---|
| None disclosed | — | — | NWPP proxies do not list other public company boards for Ball |
Expertise & Qualifications
- Small business ownership in coal, trucking, and farming; brings local market, operations, and industry-specific insights valuable to a community bank board
- Education: Emory & Henry College (1982)
- Board qualifications emphasized by NWPP: experience in mining and farming sectors aligns with customer base needs
Equity Ownership
| Metric | 2018 | 2020 | 2023 |
|---|---|---|---|
| Tim W. Ball – Common Stock Beneficially Owned (shares) | 3,432 | 3,432 | 3,432 |
| Percent of Class | <1% | <1% | <1% |
| Pledged or hedged shares | Not disclosed; no pledging noted in proxies | — | — |
- Insider trading activity: No Form 4 transactions found for “Tim Ball” in NWPP between 2023-01-01 and 2025-11-20 (insider-trades skill run).
Governance Assessment
- Board effectiveness: Long-tenured independent director with sustained committee service (Compensation; previously Nominating) enhances continuity but warrants periodic refresh consideration given service since 1999 .
- Alignment: Very modest personal share ownership (3,432 shares, <1%) suggests limited “skin in the game” versus large insider shareholders; no director equity grants to enhance alignment .
- Conflicts/related-party exposure: Proxies note the Board considered potential business interactions with companies affiliated with directors; NWPP disclosed no such transactions occurred with director-affiliated companies in reviewed years (e.g., 2016, 2019), supporting independence .
- Compensation structure: Cash-only retainers and meeting fees; no equity or performance-linked director pay, minimizing incentive misalignment but offering limited shareholder alignment signals .
- RED FLAGS: None specific to Ball identified in NWPP disclosures (no late Section 16 filings cited for Ball; no related-party transactions; no pledging). Primary watch item is low ownership and very long tenure .
Implications for investors: Ball’s community and industry experience fit a community bank’s board profile; however, the low equity stake and lack of equity-based director compensation reduce direct economic alignment. Monitor any lending/transaction disclosures involving Ball-affiliated entities and consider overall board refresh/skills mix over time.