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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	53.79	47.88	38.92	34.25	34.92	34.52
Interest Income on Investments	20.33	22.24	19.91	15.86	10.06	9.49
Total Interest Income	74.11	70.12	58.83	50.11	44.99	44.01
Interest Paid on Deposits	31.08	33.72	21.25	3.08	3.1	5.84
Interest Paid on Borrowings	0.07	0	0.3	-	-	-
Total Interest Expense	31.14	33.73	21.55	3.08	3.1	5.84
Net Interest Income	42.97	36.4	37.28	47.03	41.89	38.17
Net Interest Income Growth (YoY)	23.36%	-2.38%	-20.72%	12.26%	9.74%	1.07%
Trust Income	2.44	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	2.4	2.27	3.52	2.26	2.35	2.13
Total Non-Interest Income	9.57	8.96	9.36	12.4	8.43	7.94
Non-Interest Income Growth (YoY)	6.19%	-4.26%	-24.53%	47.17%	6.07%	-3.73%
Revenues Before Loan Losses	52.54	45.36	46.64	59.43	50.32	46.12
Provision for Loan Losses	0.56	1.23	-1.26	0.71	-0.4	1.99
Revenue	51.98	44.13	47.9	58.72	50.71	44.12
Revenue Growth (YoY)	19.63%	-7.88%	-18.42%	15.79%	14.93%	-3.85%
Salaries and Employee Benefits	20.19	18.79	16.98	16.12	15.39	14.37
Occupancy Expenses	2.16	1.9	1.62	1.6	1.47	1.43
Federal Deposit Insurance	0.85	0.81	0.75	0.48	0.42	0.2
Amortization of Goodwill & Intangibles	0.38	0.24	-	-	-	-
Selling, General & Administrative	6.25	5.85	6.01	4.92	3.77	3.76
Other Non-Interest Expense	6.5	4.52	3.84	3.52	4.98	5.18
Total Non-Interest Expense	36.33	32.09	29.23	26.96	26.08	24.97
EBT Excluding Unusual Items	15.65	12.04	18.68	31.76	24.63	19.15
Pretax Income	15.62	9.12	18.68	31.76	24.63	19.15
Income Tax Expense	2.6	1.5	2.98	5.83	4.25	3.08
Net Income	13.02	7.62	15.69	25.93	20.38	16.08
Net Income to Common	13.02	7.62	15.69	25.93	20.38	16.08
Net Income Growth	49.22%	-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)	5.32%	4.65%	-1.66%	-3.55%	-4.22%	-1.48%
EPS (Basic)	2.05	1.24	2.66	4.33	3.28	2.48
EPS (Diluted)	2.04	1.24	2.66	4.33	3.28	2.48
EPS Growth	41.83%	-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	16.63%	16.43%	15.98%	18.36%	17.26%	16.06%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q