Every 8-K that National Bankshares Inc/VA (NKSH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow NKSH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NKSH filings page.
National Bankshares, Inc. reported net income of $10.01 million, or $1.57 per diluted share, for the six months ended June 30, 2026, up from $5.53 million, or $0.87, a year earlier. Second‑quarter 2026 net income was $5.03 million, or $0.79 per diluted share, compared with $2.29 million, or $0.36, in Q2 2025. Total assets were $1.83 billion at June 30, 2026.
Results included a $6.57 million gain on sale of an equity investment and a securities portfolio repositioning that realized a $6.55 million pre‑tax loss but is expected to lift annual interest income by $4.25 million and add 12 and 24 basis points to projected 2026 and 2027 net interest margins. The fully tax‑equivalent net interest margin for the first half rose to 2.99% from 2.48%. Asset quality remained strong, with nonperforming loans at 0.03% of total loans and an allowance for credit losses of 0.99% of loans. Deposits totaled $1.63 billion with no brokered deposits, tangible common equity to tangible assets was 9.90%, and a semiannual dividend of $0.75 per share was paid on June 1, 2026.
National Bankshares, Inc. completed a strategic reshaping of part of its securities available-for-sale portfolio. The company sold securities with an amortized cost of $131.87 million and a weighted average yield of 1.80%, then bought new securities with an amortized cost of $127.33 million yielding 5.16%.
This portfolio restructuring created a pre-tax loss of $6.55 million, which will be recorded in second-quarter 2026 results. Management notes that the gain from the previously completed sale of its membership interest in Bearing Insurance Group, LLC will offset the current-period earnings impact of this loss. The company expects the loss to be recovered over roughly 1.8 years through higher yields on the new securities.
National Bankshares, Inc. entered into a new consulting agreement with F. Brad Denardo, Chairman of the Board and former President and CEO of the company and its bank subsidiary. The agreement is effective from July 1, 2026 through June 30, 2027 and continues the prior arrangement between the parties.
During this consulting period, Mr. Denardo will provide advisory and consulting services to the company and The National Bank of Blacksburg for a $6,000 monthly consulting fee. He is subject to customary noncompetition covenants during the consulting period, and the term may be extended by mutual agreement.
National Bankshares, Inc. furnished an investor presentation outlining strong first-quarter 2026 performance and strategic progress. For the quarter ended 3/31/2026, the company reported GAAP net income of $4.98 million, or $0.78 per common share, and core net income of $4.80 million, or $0.75 per share. Net income has grown more than 50% compared to Q1 2025, supported by improving net interest margin from lower deposit costs and higher securities yields.
The presentation shows a balance sheet with $1.8 billion in assets, $1.0 billion in gross loans, $1.6 billion in deposits and $187 million in shareholders’ equity, with a 9.65% TCE/TA ratio. Core return on average assets was 1.07% and core return on average tangible common equity was 11.21%, alongside a core efficiency ratio of 59.96%. Management highlights diversified fee income, conservative credit quality, robust capital ratios well above “well capitalized” thresholds, and expansion in growth markets following the 2024 Frontier Community Bank acquisition.
National Bankshares, Inc. announced that its board approved a semi-annual cash dividend of $0.75 per share, payable on June 1, 2026 to stockholders of record on May 26, 2026. The board also renewed a stock repurchase authorization allowing management to buy back up to 250,000 shares of common stock in the open market from June 1, 2026 through May 31, 2027. The company noted its recent solid earnings growth and its focus on sustainable long-term growth as it celebrates its 135th anniversary.
National Bankshares, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 12, 2026. A total of 6,368,410 common shares were entitled to vote as of March 11, 2026, and 4,874,870 shares, or 76.55%, were represented, establishing a quorum.
Stockholders elected three Class 3 directors—Mildred R. Johnson, Lutheria H. Smith, and James C. Thompson—to three-year terms expiring at the 2029 Annual Meeting. The advisory (non-binding) vote on executive compensation was approved with 3,233,731 votes for, 367,708 against, and 32,992 abstentions.
Stockholders also ratified the appointment of Yount, Hyde & Barbour, P.C. as independent registered public accounting firm for the year ending December 31, 2026, with 4,850,064 votes for, 9,857 against, and 14,949 abstentions.
National Bankshares, Inc. has sold its subsidiary’s membership interest in Bearing Insurance Group, LLC to an unaffiliated third party, effective May 1, 2026. The interest was held through National Bankshares Financial Services, Inc.
Based on information available on the announcement date, the company estimates a pre-tax gain of approximately $6.57 million from the transaction. This gain is expected to appear in National Bankshares’ financial results for the second quarter of 2026, adding a one-time boost to earnings alongside its ongoing community banking operations in Virginia.
National Bankshares, Inc. reported strong first quarter 2026 results, with net income of $5.0 million, or $0.78 per diluted share, up from $3.2 million, or $0.51, a year earlier. Total assets were $1.83 billion at March 31, 2026.
Profitability improved as the fully tax-equivalent net interest margin rose to 2.98% from 2.40% in the first quarter of 2025, driven by lower deposit costs and higher securities yields. Adjusted return on average assets reached 1.08%, and adjusted return on average equity was 10.57%, both higher than a year ago.
Credit quality remained strong, with nonperforming loans at 0.03% of total loans and an allowance for credit losses of 0.98% of total loans. Deposits were diversified, municipal balances formed 22% of deposits, and approximately 19.80% of non-municipal deposits were uninsured.
National Bankshares, Inc. shares an investor presentation highlighting Q4 2025 results, including GAAP net income of $5.88M and earnings of $0.92 per common share. Core net income was $5.37M, or $0.84 per share, reflecting a $509K after-tax reduction for an allowance for credit losses recovery.
The company reports total assets of $1.8B, gross loans of $1.0B, deposits of $1.6B and shareholders’ equity of $185M as of 12/31/2025, with TCE/TA of 9.53%. Core ROAA was 1.18%, core ROATCE 12.57%, and the core efficiency ratio 55.77%, supported by margin expansion and disciplined expense management.
The presentation emphasizes a diversified, retail- and small-business-focused deposit base, strong credit quality with conservative underwriting, and robust capital ratios well above “well capitalized” levels. It also highlights long-term shareholder returns, including an 810% total shareholder return from 2000 to 2025 and a history of uninterrupted dividends, supplemented by a $1.00 special dividend in 2023 and an active share repurchase authorization.
National Bankshares, Inc. reported a change to its corporate governance structure. On April 8, 2026, the board approved a Bylaw amendment, effective May 13, 2026, reducing the number of directors from thirteen to twelve to reflect an upcoming retirement.
Director Charles E. Green, III will not stand for re-election at the 2026 Annual Meeting of Shareholders, in line with the age limit provision in the Bylaws, and will retire from the board as of the meeting date. The company states that his retirement is not due to any disagreement over operations, policies, practices, or any other matter.
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.
National Bankshares, Inc. reported that Executive Vice President and Chief Lending Officer Paul M. Mylum has notified the company of his resignation from both the company and its wholly owned banking subsidiary, The National Bank of Blacksburg. His resignation will be effective May 15, 2026. The company states that Mr. Mylum is leaving to relocate closer to his family and has accepted the role of President of The Bank of Charlotte County in Phenix, Virginia.
National Bankshares, Inc. filed a current report to furnish a press release announcing its financial results for the period ended December 31, 2025.
The company states that the press release, dated January 22, 2026, is attached as an exhibit and incorporated by reference. The filing does not itself include the detailed revenue, profit, or balance sheet figures, but points investors to the accompanying press release for the full financial information.
National Bankshares, Inc. reported that on November 17, 2025 it released an updated investor presentation for use by management in meetings with investors, analysts and other interested parties. The presentation, aimed at helping audiences better understand the company, is furnished to the SEC as Exhibit 99.1 to this report under a Regulation FD disclosure. The information in the investor presentation and related exhibits is furnished, not filed, which means it is provided for information purposes without being incorporated into the company’s formal financial reporting.
National Bankshares (NKSH) announced a semi-annual cash dividend of $0.78 per share. The dividend is payable on December 1, 2025 to stockholders of record as of November 24, 2025. The company disclosed the dividend under an Other Events item and attached the related press release as an exhibit.
National Bankshares, Inc. filed a current report to note that it released a press statement with its financial results for the period ended September 30, 2025. The company furnished this earnings press release as Exhibit 99.1 to the report, making the full quarterly results available through that exhibit.