National Bankshares FY2025 net income jumps 107.62% to $15.8 million; interest income rises 7.54% to $75.3 million

Reuters03-28 01:16
<a href="https://laohu8.com/S/NKSH">National Bankshares</a> FY2025 net income jumps 107.62% to $15.8 million; interest income rises 7.54% to $75.3 million
  • National Bankshares published its annual report on Form 10-K, reporting net income of USD 15.8 million, up 107.6%.
  • Net interest income was USD 45.6 million, up 25.5%, while net interest margin (FTE, non-GAAP) was 2.66%, up 0.47 percentage points.
  • (Recovery of) provision for credit losses was USD (16,000), compared with a provision of USD 1.2 million, reflecting a USD 63,000 recovery on funded loans partly offset by USD 47,000 provision on unfunded balances.
  • Noninterest expense totaled USD 36.4 million, up 4.01%, including core system conversion expense of USD 2.1 million following the second-quarter completion of the conversion.
  • Total assets were USD 1.8 billion, up 0.71%, while deposits were USD 1.6 billion, down 1.08% as the bank lowered time-deposit pricing to improve deposit costs.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Bankshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-128311), on March 27, 2026, and is solely responsible for the information contained therein.

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