National Bankshares, Inc. (NKSH)

National Bankshares Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	50.55	47.88	38.92	34.25	34.92	34.52
Interest Income on Investments	21.76	22.24	19.91	15.86	10.06	9.49
Total Interest Income	72.3	70.12	58.83	50.11	44.99	44.01
Interest Paid on Deposits	33.89	33.72	21.25	3.08	3.1	5.84
Interest Paid on Borrowings	0	0	0.3	-	-	-
Total Interest Expense	33.9	33.73	21.55	3.08	3.1	5.84
Net Interest Income	38.41	36.4	37.28	47.03	41.89	38.17
Net Interest Income Growth (YoY)	11.06%	-2.38%	-20.72%	12.26%	9.74%	1.07%
Trust Income	2.25	2.18	1.9	1.82	1.79	1.66
Gain (Loss) on Sale of Assets	-	-	-	-	-	0
Gain (Loss) on Sale of Investments	-	-	-0.36	3.82	0.01	0.11
Other Non-Interest Income	2.44	2.27	3.52	2.26	2.35	2.13
Total Non-Interest Income	9.32	8.96	9.36	12.4	8.43	7.94
Non-Interest Income Growth (YoY)	-0.46%	-4.26%	-24.53%	47.17%	6.07%	-3.73%
Revenues Before Loan Losses	47.72	45.36	46.64	59.43	50.32	46.12
Provision for Loan Losses	1.51	1.23	-1.26	0.71	-0.4	1.99
Revenue	46.21	44.13	47.9	58.72	50.71	44.12
Revenue Growth (YoY)	2.21%	-7.88%	-18.42%	15.79%	14.93%	-3.85%
Salaries and Employee Benefits	19.5	18.79	16.98	16.12	15.39	14.37
Occupancy Expenses	2	1.9	1.62	1.6	1.47	1.43
Federal Deposit Insurance	0.83	0.81	0.75	0.48	0.42	0.2
Amortization of Goodwill & Intangibles	0.33	0.24	-	-	-	-
Selling, General & Administrative	6.14	5.85	6.01	4.92	3.77	3.76
Other Non-Interest Expense	4.65	4.52	3.84	3.52	4.98	5.18
Total Non-Interest Expense	33.45	32.09	29.23	26.96	26.08	24.97
EBT Excluding Unusual Items	12.76	12.04	18.68	31.76	24.63	19.15
Pretax Income	10.33	9.12	18.68	31.76	24.63	19.15
Income Tax Expense	1.65	1.5	2.98	5.83	4.25	3.08
Net Income	8.69	7.62	15.69	25.93	20.38	16.08
Net Income to Common	8.69	7.62	15.69	25.93	20.38	16.08
Net Income Growth	-34.87%	-51.42%	-39.49%	27.23%	26.78%	-7.95%
Basic Shares Outstanding	6	6	6	6	6	6
Diluted Shares Outstanding	6	6	6	6	6	6
Shares Change (YoY)	6.63%	4.65%	-1.66%	-3.55%	-4.22%	-1.48%
EPS (Basic)	1.38	1.24	2.66	4.33	3.28	2.48
EPS (Diluted)	1.38	1.24	2.66	4.33	3.28	2.48
EPS Growth	-38.79%	-53.49%	-38.56%	31.91%	32.36%	-6.42%
Dividend Per Share	1.510	1.510	1.510	1.500	1.440	1.390
Dividend Growth	-	-	0.67%	4.17%	3.60%	-
Effective Tax Rate	15.94%	16.43%	15.98%	18.36%	17.26%	16.06%

Updated Jan 23, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q