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Jason Pospichal to lead lending at National Bankshares (NKSH)

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(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

National Bankshares, Inc., parent of The National Bank of Blacksburg, announced that longtime banker Jason Pospichal has been appointed Executive Vice President and Chief Lending Officer. He will assume the role upon the departure of current Chief Lending Officer Paul Mylum.

Pospichal, with more than 30 years at the bank, will lead commercial lending teams and the consumer loan program, focusing on sustainable relationship growth across multiple regions. He has progressed through several senior lending roles since joining in 1993 and is deeply involved in the Blacksburg community. The bank operates 28 full-service offices and one loan production office and has over $1.8 billion in assets.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 25, 2026

 

 

National Bankshares, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Virginia

0-15204

54-1375874

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

101 Hubbard Street

 

Blacksburg, Virginia

 

24060

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 540 951-6300

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $1.25 per share

 

NKSH

 

The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 8.01 Other Events.

On March 25, 2026, The National Bank of Blacksburg (the “Bank”) issued a press release announcing that Jason Pospichal has been appointed Executive Vice President and Chief Lending Officer of the Bank. Mr. Pospichal will assume his new role upon the departure of the Bank’s current Chief Lending Officer, Paul Mylum. A copy of the press release is included as Exhibit 99.1 and is incorporated herein by reference.

 

(d) Exhibits

 

Number Description

 

99.1 Press Release dated March 25, 2026

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

National Bankshares, Inc.

 

 

 

 

Date:

March, 25, 2026

By:

/s/ Lara E. Ramsey

 

 

 

Lara E. Ramsey, President & CEO

 


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Jason Pospichal Named Chief Lending Officer at The National Bank of Blacksburg

 

Blacksburg, Virginia, March 25, 2026 – National Bankshares, Inc. (Nasdaq: NKSH), the parent company of The National Bank of Blacksburg (“National Bank”), is pleased to announce that Jason Pospichal has been appointed Executive Vice President and Chief Lending Officer. Mr. Pospichal will lead the bank’s commercial lending teams and consumer loan program with a focus on sustainable relationship growth across multiple market regions.

 

Mr. Pospichal will assume his new role upon the departure of the bank’s current Chief Lending Officer, Paul Mylum.

 

National Bank President and CEO, Lara Ramsey, commented, “Jason has been a key contributor to our success for over 30 years. His dedication to our customers, his deep knowledge of lending and banking, and his proven leadership skills are ideally suited to the role of Chief Lending Officer. I’m excited to work with Jason as a member of our executive team, and we look forward to his continued contributions to the growth and success of the bank.”

 

Mr. Pospichal joined National Bank while attending college at Virginia Tech in 1993. He went on to manage the bank’s credit card department before being named Bank Card Officer in 2000. Mr. Pospichal was promoted to Vice President of Loans in 2007 and was named Senior Vice President of Loans in 2015.

 

Mr. Pospichal earned his Bachelor of Science Degree at Virginia Tech and is a graduate of the Virginia Bankers Association’s School of Bank Management and the American Bankers Association’s Stonier Graduate School of Banking and Wharton Leadership Certificate program. He is an active member of the Blacksburg community where he lives, and serves as a Board member and Treasurer of The Lyric Council, Inc., a Board member of the Blacksburg Museum and Cultural Foundation, a Finance Committee member of the Blacksburg Partnership, and is a Finance Committee member and a past Board member of Warm Hearth, Inc.

 

Mr. Pospichal and his wife, Linda, live in Blacksburg and have two adult sons.

About The National Bank of Blacksburg

Founded in Blacksburg, Virginia, in 1891, The National Bank of Blacksburg is a community bank with 28 full-service offices and one loan production office located throughout southwest, western, and central Virginia. The bank’s Blacksburg-based holding company, National Bankshares, Inc. (Nasdaq: NKSH), has over $1.8 billion in assets. To learn more about National Bank, visit www.nbbank.com.

 

 

For more information, please contact:

Lara E. Ramsey, President & CEO

(540) 951-6250 lramsey@nbbank.com

 


FAQ

What executive leadership change did National Bankshares (NKSH) announce?

National Bankshares announced that Jason Pospichal has been appointed Executive Vice President and Chief Lending Officer. He will take over this role upon the departure of current Chief Lending Officer Paul Mylum, leading commercial lending teams and the consumer loan program across multiple regions.

What will Jason Pospichal’s responsibilities be at National Bankshares (NKSH)?

Jason Pospichal will serve as Executive Vice President and Chief Lending Officer, leading the bank’s commercial lending teams and consumer loan program. His focus will be on sustainable relationship growth across multiple market regions, supporting both business and consumer lending activities for The National Bank of Blacksburg.

What experience does Jason Pospichal bring to his new role at NKSH?

Jason Pospichal has over 30 years with The National Bank of Blacksburg, advancing through roles including Bank Card Officer, Vice President of Loans, and Senior Vice President of Loans. He also completed multiple banking education programs and holds a Bachelor of Science degree from Virginia Tech.

Who is Jason Pospichal replacing as Chief Lending Officer at National Bankshares (NKSH)?

Jason Pospichal will assume the Chief Lending Officer role upon the departure of Paul Mylum, the bank’s current Chief Lending Officer. The transition places Pospichal in charge of commercial and consumer lending, continuing leadership continuity within The National Bank of Blacksburg’s long-tenured management team.

How large is The National Bank of Blacksburg, the subsidiary of NKSH?

The National Bank of Blacksburg operates 28 full-service offices and one loan production office across southwest, western, and central Virginia. Its holding company, National Bankshares, Inc., reports over $1.8 billion in assets, highlighting its scale as a regional community bank headquartered in Blacksburg, Virginia.

What community involvement does Jason Pospichal have in Blacksburg?

Jason Pospichal is active in the Blacksburg community, serving as Board member and Treasurer of The Lyric Council, Board member of the Blacksburg Museum and Cultural Foundation, Finance Committee member of the Blacksburg Partnership, and Finance Committee member and past Board member of Warm Hearth, Inc.

Filing Exhibits & Attachments

2 documents
National Bankshares Inc Va

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