National bankshares inc (NKSH)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Cash and due from banks

12,404

10,290

14,206

17,170

15,332

12,882

11,533

12,530

10,598

12,926

12,066

12,936

13,654

13,974

11,302

14,320

9,913

12,152

12,446

11,353

12,452

12,894

12,815

15,917

14,723

13,283

13,806

13,474

10,674

14,783

12,445

13,140

12,241

11,897

12,530

13,113

9,858

Interest-bearing deposits

71,898

76,881

135,490

60,038

53,381

43,491

28,328

29,981

76,571

51,233

58,260

89,096

85,552

80,268

80,170

75,892

129,363

130,811

90,295

83,818

87,676

102,548

87,621

106,112

108,841

98,066

62,776

63,731

107,176

96,597

67,394

105,102

101,301

98,355

69,902

54,768

69,400

Securities available for sale, at fair value

439,019

435,263

334,150

396,347

404,645

425,010

448,485

467,505

337,211

331,387

309,323

308,435

304,376

304,282

291,277

303,242

270,094

236,131

211,232

218,524

238,496

222,844

205,020

195,407

190,401

181,712

192,225

205,948

191,540

189,815

198,079

189,768

198,346

174,918

180,126

190,674

184,907

Securities held to maturity (fair value of $130,113 at December 31, 2017)

-

-

-

-

-

-

0

0

122,905

127,164

129,750

130,712

133,596

134,957

138,047

138,424

144,664

152,028

154,644

155,704

156,135

161,452

162,457

162,956

165,398

163,983

164,752

166,915

166,947

160,539

161,728

146,451

139,367

143,995

138,148

136,399

131,000

Restricted stock, at cost

1,279

1,220

1,220

1,220

1,220

1,220

2,708

1,221

1,221

1,200

1,200

1,200

1,200

1,170

1,170

1,170

1,170

1,129

1,129

1,129

1,129

1,089

1,089

1,089

1,089

1,414

1,414

1,414

1,414

1,689

-

-

-

-

-

-

-

Loans held for sale

1,787

905

2,333

809

602

72

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage loans held for sale

-

-

-

-

-

-

1,027

1,118

0

260

505

491

608

478

434

663

63

634

1,331

853

-

291

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans:
Real estate construction loans

-

-

-

-

-

-

-

-

-

34,694

-

-

-

36,345

-

-

-

48,251

-

-

-

45,562

-

-

-

45,925

-

-

-

50,313

-

-

-

48,531

-

-

46,169

Consumer real estate loans

-

-

-

-

-

-

-

-

-

166,965

-

-

-

157,718

-

-

-

143,504

-

-

-

147,039

-

-

-

145,499

-

-

-

143,262

-

-

-

150,224

-

-

153,405

Commercial real estate loans

-

-

-

-

-

-

-

-

-

340,414

-

-

-

336,457

-

-

-

309,378

-

-

-

310,762

-

-

-

311,266

-

-

-

304,308

-

-

-

303,192

-

-

293,171

Commercial non real estate loans

-

-

-

-

-

-

-

-

-

40,518

-

-

-

39,024

-

-

-

37,571

-

-

-

33,413

-

-

-

31,262

-

-

-

37,349

-

-

-

38,832

-

-

37,547

Public sector and IDA loans

-

-

-

-

-

-

-

-

-

51,443

-

-

-

45,474

-

-

-

51,335

-

-

-

41,361

-

-

-

34,220

-

-

-

26,169

-

-

-

15,571

-

-

12,553

Consumer non real estate loans

-

-

-

-

-

-

-

-

-

34,648

-

-

-

33,528

-

-

-

29,845

-

-

-

28,182

-

-

-

28,423

-

-

-

31,714

-

-

-

33,072

-

-

34,543

Total loans

-

-

-

-

-

-

-

-

-

668,682

-

-

-

648,546

-

-

-

619,884

-

-

-

606,319

-

-

-

596,595

-

-

-

593,115

-

-

-

589,422

-

-

-

Real estate construction loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47,346

47,549

-

Real estate mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

169,827

171,818

-

Commercial and industrial loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

298,816

290,694

-

Loans to individuals

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81,392

84,510

-

Gross loans

-

-

-

-

-

710,397

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

597,381

594,571

577,388

Less unearned income and deferred fees and costs

-

-

-

-

-

598

-

-

-

613

-

-

-

794

-

-

-

876

-

-

-

853

-

-

-

905

-

-

-

-953

-

-

-

952

965

999

945

Loans held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,091

-

725

383

-

1,276

617

1,950

313

2,796

3,015

1,395

1,371

2,623

1,108

248

2,460

Loans, net of unearned income and deferred fees and costs

729,483

733,451

722,287

729,559

718,371

709,799

701,834

690,863

658,663

668,069

660,362

654,734

652,313

647,752

636,241

630,916

607,643

619,008

625,755

626,941

622,171

605,466

595,801

593,400

589,048

595,690

590,664

588,061

574,958

592,162

591,461

586,223

584,564

588,470

596,416

593,572

576,443

Less allowance for loan losses

7,240

6,863

7,262

7,304

7,360

7,390

7,713

7,579

7,391

7,925

8,473

8,372

8,261

8,300

8,301

8,195

8,107

8,297

8,117

8,131

8,257

8,263

8,031

7,971

8,297

8,227

8,090

7,952

8,291

8,349

8,254

8,168

8,063

8,068

8,719

8,494

7,664

Loans, net

722,243

726,588

715,025

722,255

711,011

702,409

694,121

683,284

651,272

660,144

651,889

646,362

644,052

639,452

627,940

622,721

599,536

610,711

617,638

618,810

613,914

597,203

587,770

585,429

580,751

587,463

582,574

580,109

566,667

583,813

583,207

578,055

576,501

580,402

587,697

585,078

568,779

Premises and equipment, net

10,058

8,919

8,993

9,012

8,830

8,646

8,727

8,757

8,120

8,221

8,458

8,557

8,675

8,853

8,757

8,718

8,841

9,020

9,135

8,878

8,998

9,131

9,445

9,482

9,428

9,951

10,025

10,222

10,237

10,401

10,491

10,618

10,563

10,393

10,328

10,232

10,470

Operating lease right-of-use asset

-

-

2,351

2,131

2,190

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest receivable

4,280

4,285

4,233

5,192

5,401

5,160

5,589

5,400

5,360

5,297

5,123

5,139

5,267

5,260

5,138

5,259

5,587

5,769

5,659

5,857

5,506

5,748

5,708

5,798

5,893

5,949

6,044

6,291

5,878

6,247

6,291

6,273

6,175

6,304

6,359

6,255

6,016

Other real estate owned, net

1,584

1,612

1,470

2,025

2,025

2,052

2,214

2,582

2,741

2,817

2,923

3,008

2,952

3,156

3,188

3,425

3,612

4,165

4,194

4,441

4,573

4,744

5,145

5,293

4,901

4,712

973

969

-

1,435

-

-

-

-

-

-

-

Goodwill

5,848

5,848

5,848

5,848

5,848

5,848

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other real estate owned, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,094

-

-

-

-

1,489

-

-

-

Other real estate owned, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,894

871

940

-

1,759

1,855

1,723

Intangible assets and goodwill

-

-

-

-

-

-

5,861

5,873

5,886

5,898

5,911

5,923

5,936

5,966

6,006

6,046

6,114

6,224

6,416

6,685

6,954

7,223

7,492

7,761

8,029

8,299

8,568

8,837

9,106

9,377

9,648

9,918

-

10,460

-

-

-

Intangible assets and goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,189

-

10,730

11,001

11,543

Bank-owned life insurance

35,788

35,567

35,338

35,108

34,876

34,657

34,434

34,212

33,984

33,756

33,520

33,287

23,141

22,998

22,848

22,699

22,548

22,401

22,248

22,097

21,946

21,797

21,643

21,491

21,335

21,181

21,020

20,858

20,690

20,523

20,346

20,170

19,991

19,812

-

-

17,252

Other assets

12,788

14,459

12,064

12,362

12,642

14,585

15,262

15,014

14,659

16,454

13,555

14,208

14,117

13,128

6,904

7,720

6,366

12,344

7,758

10,122

5,975

7,767

9,329

11,361

12,321

13,341

12,609

10,368

6,767

6,346

6,434

6,507

6,857

6,454

23,435

25,234

8,830

Total assets

1,318,976

1,321,837

1,272,721

1,269,517

1,258,003

1,256,032

1,258,289

1,267,477

1,270,528

1,256,757

1,232,483

1,259,354

1,243,126

1,233,942

1,203,181

1,210,299

1,207,871

1,203,519

1,144,125

1,148,271

1,164,845

1,154,731

1,116,259

1,128,479

1,123,110

1,110,630

1,077,403

1,091,086

1,098,503

1,104,361

1,080,972

1,088,268

1,083,842

1,067,102

1,042,122

1,034,857

1,022,238

Liabilities and Stockholders' Equity
Noninterest-bearing demand deposits

210,131

201,866

217,720

203,534

199,449

195,441

199,953

195,949

190,746

182,511

184,483

181,868

182,750

171,946

172,510

171,350

170,207

166,453

163,877

157,983

160,217

150,744

153,118

146,727

145,963

142,645

147,928

144,164

-

144,252

-

-

-

-

-

-

-

Interest-bearing demand deposits

624,412

643,482

580,533

608,506

608,227

616,527

584,305

625,447

628,540

622,189

588,447

618,223

601,421

604,093

566,213

575,364

570,065

569,787

514,823

526,749

526,388

533,641

492,005

510,304

503,596

501,541

453,044

461,662

-

455,713

-

-

-

-

-

-

-

Noninterest-bearing demand deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

144,815

-

147,346

146,899

145,070

142,163

140,609

136,041

131,540

Interest-bearing demand deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

449,992

-

418,482

423,272

415,352

404,801

381,571

384,329

365,040

Savings deposits

149,842

146,377

145,188

143,024

142,675

138,175

141,751

141,943

142,019

140,150

140,324

140,325

99,193

136,789

95,496

95,484

92,944

90,236

86,659

86,354

85,615

81,297

79,870

79,255

77,467

74,141

73,952

73,095

72,420

69,063

66,576

65,398

-

61,298

-

-

-

Savings deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65,322

-

59,395

59,909

55,800

Time deposits

123,798

128,028

124,586

114,733

109,854

101,799

96,167

105,442

111,635

114,884

118,719

121,941

163,116

130,614

175,789

179,540

185,296

192,383

197,171

203,070

212,737

216,746

223,930

231,177

237,060

241,709

248,574

259,600

269,892

277,738

291,979

299,869

306,048

311,071

312,660

311,908

332,203

Total deposits

1,108,183

1,119,753

1,068,027

1,069,797

1,060,205

1,051,942

1,022,176

1,068,781

1,072,940

1,059,734

1,031,973

1,062,357

1,046,480

1,043,442

1,010,008

1,021,738

1,018,512

1,018,859

962,530

974,156

984,957

982,428

948,923

967,463

964,086

960,036

923,498

938,521

937,119

946,766

924,383

935,438

931,792

919,333

894,235

892,187

884,583

Other borrowed funds

-

-

-

-

-

-

35,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest payable

137

144

133

145

140

89

165

51

55

62

51

43

45

55

48

56

62

56

61

61

70

68

67

71

78

92

97

126

146

139

178

173

191

206

207

237

257

Operating lease liability

-

-

2,358

2,135

2,192

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

19,097

18,214

14,215

13,592

14,238

13,763

12,791

12,794

11,996

12,065

12,798

12,668

13,614

12,182

8,981

8,577

10,061

12,490

7,142

6,484

7,096

5,932

4,447

4,149

5,529

4,610

7,514

6,901

7,878

7,347

6,013

5,970

7,067

6,264

5,860

6,125

8,211

Total liabilities

1,127,417

1,138,111

1,084,733

1,085,669

1,076,775

1,065,794

1,070,132

1,081,626

1,084,991

1,071,861

1,044,822

1,075,068

1,060,139

1,055,679

1,019,037

1,030,371

1,028,635

1,031,405

969,733

980,701

992,123

988,428

953,437

971,683

969,693

964,738

931,109

945,548

945,143

954,252

930,574

941,581

939,050

925,803

900,302

898,549

893,051

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

-

-

-

Stockholders' Equity
Preferred stock, no par value, 5,000,000 shares authorized; none issued and outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock of $1.25 par value. Authorized 10,000,000 shares; issued and outstanding 6,489,574 shares at March 31, 2020 and December 31, 2019

8,112

8,112

8,112

8,132

8,132

8,698

8,698

8,698

8,698

8,698

8,698

8,698

8,698

8,698

8,697

8,697

8,697

8,698

8,695

8,693

8,688

8,688

8,688

8,685

8,685

8,685

8,685

8,685

8,685

8,685

8,680

8,675

8,675

8,675

8,672

8,672

8,667

Retained earnings

188,099

184,120

184,016

180,272

180,637

193,625

193,445

189,194

189,189

185,893

185,331

181,546

181,873

178,224

178,998

175,170

175,132

171,353

171,996

167,764

167,253

163,287

163,181

158,863

158,575

154,171

153,578

149,061

148,378

144,162

143,383

139,036

138,374

133,945

132,638

128,129

123,161

Accumulated other comprehensive loss, net

-4,652

-8,506

-4,140

-4,556

-7,541

-12,085

-13,986

-12,041

-12,350

-9,695

-6,368

-5,958

-7,584

-8,659

-3,551

-3,939

-4,593

-7,937

-6,299

-8,887

-3,219

-5,672

-9,047

-10,752

-13,843

-16,964

-15,969

-12,208

-3,703

-2,738

-1,665

-1,024

-2,257

-1,321

510

-493

-2,641

Total stockholders' equity

191,559

183,726

187,988

183,848

181,228

190,238

188,157

185,851

185,537

184,896

187,661

184,286

182,987

178,263

184,144

179,928

179,236

172,114

174,392

167,570

172,722

166,303

162,822

156,796

153,417

145,892

146,294

145,538

153,360

150,109

150,398

146,687

144,792

141,299

141,820

136,308

129,187

Total liabilities and stockholders' equity

1,318,976

1,321,837

1,272,721

1,269,517

1,258,003

1,256,032

1,258,289

1,267,477

1,270,528

1,256,757

1,232,483

1,259,354

1,243,126

1,233,942

1,203,181

1,210,299

1,207,871

1,203,519

1,144,125

1,148,271

1,164,845

1,154,731

1,116,259

1,128,479

1,123,110

1,110,630

1,077,403

1,091,086

1,098,503

1,104,361

1,080,972

1,088,268

1,083,842

1,067,102

1,042,122

1,034,857

1,022,238

Real Estate Construction Portfolio Segment[Member]
Gross loans

-

-

-

-

-

37,845

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less allowance for loan losses

-

-

-

-

-

398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consumer Real Estate Portfolio Segment [Member]
Gross loans

-

-

-

-

-

175,456

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less allowance for loan losses

-

-

-

-

-

2,049

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commercial Real Estate Portfolio Segment [Member]
Gross loans

-

-

-

-

-

353,546

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less allowance for loan losses

-

-

-

-

-

2,798

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commercial Non Real Estate Segment [Member]
Gross loans

-

-

-

-

-

46,535

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less allowance for loan losses

-

-

-

-

-

602

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Public Sector and IDA Portfolio Segment[Member]
Gross loans

-

-

-

-

-

60,777

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less allowance for loan losses

-

-

-

-

-

583

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consumer Non Real Estate Portfolio Segment [Member]
Gross loans

-

-

-

-

-

36,238

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less allowance for loan losses

-

-

-

-

-

750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-