For the quarter ending 2025-09-30, NKSH made $37,307,000 in revenue. $4,420,000 in net income. Net profit margin of 11.85%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Interest and fees on loans | 14,232,000 | 13,495,000 | 12,942,000 | 11,709,500 |
| Interest on federal funds sold | 0 | 2,000 | 3,000 | 2,000 |
| Interest on interest-bearing deposits | 740,000 | 978,000 | 1,039,000 | 943,500 |
| Interest on securities taxable | 3,704,000 | 3,725,000 | 3,883,000 | 4,177,500 |
| Interest on securities nontaxable | 334,000 | 337,000 | 336,000 | 337,000 |
| Total interest income | 19,010,000 | 18,537,000 | 18,203,000 | 17,169,500 |
| Interest on time deposits | 2,907,000 | 3,058,000 | 3,145,000 | 2,971,000 |
| Interest on other deposits | 4,362,000 | 4,488,000 | 4,802,000 | 5,073,500 |
| Interest on borrowings | 67,000 | 0 | - | 333.333 |
| Total interest expense | 7,336,000 | 7,546,000 | 7,947,000 | 8,045,000 |
| Net interest income | 11,674,000 | 10,991,000 | 10,256,000 | 9,124,500 |
| Provision for (recovery of) credit losses | 306,000 | 36,000 | 276,000 | -35,000 |
| Noninterest income-Fiduciary And Trust | - | 578,000 | - | - |
| Net interest income after provision for (recovery of) credit losses | 11,368,000 | 10,955,000 | 9,980,000 | 9,159,500 |
| Noninterest income-Credit And Debit Card | - | 366,000 | - | - |
| Noninterest income-Deposit Account | 681,000 | 735,000 | - | - |
| Noninterest income-Product And Service Other | 72,000 | 72,000 | - | - |
| Noninterest income-Credit And Debit Card | 492,000 | - | - | - |
| Noninterest income-Fiduciary And Trust | 700,000 | - | - | - |
| Boli income | 304,000 | 297,000 | 292,000 | 280,000 |
| Noninterest income | - | - | 1,795,000 | 1,688,000 |
| Gain on sale of mortgage loans held for sale | 92,000 | 54,000 | 25,000 | 42,000 |
| Other income | 196,000 | 177,000 | 443,000 | 230,000 |
| Total noninterest income | 2,537,000 | 2,279,000 | 2,555,000 | 2,221,000 |
| Salaries and employee benefits | 5,114,000 | 5,203,000 | 5,188,000 | 4,787,000 |
| Occupancy, furniture and fixtures | 770,000 | 731,000 | 656,000 | 568,500 |
| Data processing | 848,000 | 701,000 | 1,078,000 | 991,500 |
| Contract termination | - | - | - | 0 |
| Fdic assessment | 210,000 | 210,000 | 207,000 | 204,500 |
| Merger-related expense | - | 0 | - | 254,500 |
| Intangible asset amortization | 92,000 | 95,000 | 97,000 | 50,000 |
| Franchise taxes | 350,000 | 358,000 | 373,000 | 361,500 |
| Professional services | 361,000 | 509,000 | 299,000 | 262,500 |
| Core system conversion expense | -50,000 | -1,977,000 | -46,000 | - |
| Other operating expenses | 729,000 | 799,000 | 689,000 | 711,000 |
| Total noninterest expense | 8,524,000 | 10,583,000 | 8,633,000 | 8,191,000 |
| Income before income tax expense | 5,381,000 | 2,651,000 | 3,902,000 | 3,189,500 |
| Income tax expense | 961,000 | 362,000 | 666,000 | 563,000 |
| Net income | 4,420,000 | 2,289,000 | 3,236,000 | 2,626,500 |
| Basic net income per common share (in dollars per share) | 0.7 | 0.36 | 0.51 | 0.435 |
| Fully diluted net income per common share (in dollars per share) | 0.69 | 0.36 | 0.51 | 0.435 |
| Weighted average number of common shares outstanding, basic (in shares) | 6,360,973 | 6,358,917 | 6,358,410 | -3,111,693 |
| Weighted average number of common shares outstanding, fully diluted (in shares) | 6,363,351 | 6,361,582 | 6,360,392 | -3,111,481 |
NATIONAL BANKSHARES INC (NKSH)
NATIONAL BANKSHARES INC (NKSH)