National Bankshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	55.45	47.88	38.92	34.25	34.92
Interest Income on Investments	19.86	22.24	19.91	15.86	10.06
Total Interest Income	75.31	70.12	58.83	50.11	44.99
Interest Paid on Deposits	29.37	33.72	21.25	3.08	3.1
Interest Paid on Borrowings	0.38	0	0.3	-	-
Total Interest Expense	29.75	33.73	21.55	3.08	3.1
Net Interest Income	45.56	36.4	37.28	47.03	41.89
Net Interest Income Growth (YoY)	25.18%	-2.38%	-20.72%	12.26%	9.74%
Trust Income	2.47	2.18	1.9	1.82	1.79
Gain (Loss) on Sale of Investments	-	-	-0.36	3.82	0.01
Other Non-Interest Income	2.82	2.27	3.52	2.26	2.35
Total Non-Interest Income	10	8.96	9.36	12.4	8.43
Non-Interest Income Growth (YoY)	11.63%	-4.26%	-24.53%	47.17%	6.07%
Revenues Before Loan Losses	55.56	45.36	46.64	59.43	50.32
Provision for Loan Losses	-0.02	1.23	-1.26	0.71	-0.4
Revenue	55.58	44.13	47.9	58.72	50.71
Revenue Growth (YoY)	25.94%	-7.88%	-18.42%	15.79%	14.93%
Salaries and Employee Benefits	20.86	18.79	16.98	16.12	15.39
Occupancy Expenses	3.08	1.9	1.62	1.6	1.47
Federal Deposit Insurance	0.83	0.81	0.75	0.48	0.42
Amortization of Goodwill & Intangibles	0.37	0.24	-	-	-
Selling, General & Administrative	4.87	5.85	6.01	4.92	3.77
Other Non-Interest Expense	6.41	4.52	3.84	3.52	4.98
Total Non-Interest Expense	36.41	32.09	29.23	26.96	26.08
EBT Excluding Unusual Items	19.17	12.04	18.68	31.76	24.63
Pretax Income	19.17	9.12	18.68	31.76	24.63
Income Tax Expense	3.34	1.5	2.98	5.83	4.25
Net Income	15.83	7.62	15.69	25.93	20.38
Net Income to Common	15.83	7.62	15.69	25.93	20.38
Net Income Growth	107.61%	-51.42%	-39.49%	27.23%	26.78%
Basic Shares Outstanding	6	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6
Shares Change (YoY)	3.23%	4.65%	-1.66%	-3.55%	-4.22%
EPS (Basic)	2.49	1.24	2.66	4.33	3.28
EPS (Diluted)	2.49	1.24	2.66	4.33	3.28
EPS Growth	101.13%	-53.49%	-38.56%	31.91%	32.36%
Dividend Per Share	1.510	1.510	1.510	1.500	1.440
Dividend Growth	-	-	0.67%	4.17%	3.60%
Effective Tax Rate	17.43%	16.43%	15.98%	18.36%	17.26%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.