National bankshares inc (NKSH)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest Income
Interest and fees on loans

33,869

31,333

29,932

29,365

30,446

31,058

32,484

35,354

36,514

36,919

37,578

Interest on interest-bearing deposits

1,523

672

791

532

254

262

213

240

155

128

90

Interest and dividends on securities – taxable

6,725

6,856

5,711

5,910

6,776

6,798

-

-

-

-

-

Interest on securities – taxable

-

-

-

-

-

-

6,585

6,460

6,745

5,588

6,273

Interest on securities – nontaxable

3,030

4,363

4,826

5,123

5,438

5,826

6,388

6,463

6,532

6,504

6,546

Total interest income

45,147

43,224

41,260

40,930

42,914

43,944

45,670

48,517

49,946

49,139

50,487

Interest Expense
Interest on time deposits of $100 or more

-

-

-

-

-

-

-

-

2,019

3,439

5,417

Interest on other deposits

7,380

4,883

4,125

4,166

4,183

4,899

5,955

7,887

7,165

7,719

10,405

Interest on borrowings

-

164

-

-

-

-

-

-

-

-

-

Total interest expense

7,380

5,047

4,125

-

-

-

-

-

-

-

-

Total interest expense

-

-

-

4,166

4,183

4,899

5,955

7,887

9,184

11,158

15,825

Interest on borrowed funds

-

-

-

-

-

-

-

-

-

-

3

Net interest income

37,767

38,177

37,135

36,764

38,731

39,045

39,715

40,630

40,762

37,981

34,662

Provision for loan losses

126

-81

157

1,650

2,009

1,641

1,531

3,134

2,949

3,409

1,634

Net interest income after provision for loan losses

37,641

38,258

36,978

35,114

36,722

37,404

38,184

37,496

37,813

34,572

33,028

Noninterest Income:
Noninterest Income

6,154

6,266

6,114

5,412

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

2,250

2,434

2,563

2,594

2,617

2,858

3,314

Other service charges and fees

-

-

-

-

215

187

225

243

287

317

343

Credit card fees

-

-

-

-

3,861

3,631

3,330

3,278

3,197

2,954

2,803

Trust income

-

-

-

-

1,229

1,213

1,150

1,313

1,087

1,118

1,053

BOLI income

910

901

758

597

603

616

658

814

762

760

756

Other income

1,643

1,005

1,148

1,289

1,295

1,037

1,342

669

449

354

491

Realized securities gains, net

566

17

14

232

-

-

-

-

-

-

-

Realized securities gains, net

-

-

-

-

33

2

-46

60

90

-14

44

Total noninterest income

8,790

7,729

7,636

7,115

9,486

9,120

9,222

8,971

8,489

8,347

8,804

Noninterest Expense
Salaries and employee benefits

15,298

14,506

13,670

12,684

12,522

11,606

11,907

12,005

11,357

10,963

11,336

Occupancy, furniture and fixtures

1,866

1,845

1,820

1,849

1,743

1,703

1,616

1,589

1,599

1,875

1,792

Data processing and ATM

3,171

2,784

2,280

2,151

1,657

1,650

1,700

1,593

1,701

1,499

1,371

FDIC assessment

167

359

364

476

546

533

554

475

677

1,080

1,727

Credit card processing

-

-

-

-

2,692

2,593

2,546

2,442

2,485

2,300

2,121

Intangible assets amortization

-

50

68

257

999

1,075

1,078

1,083

1,083

1,083

1,093

Net costs of other real estate owned

47

553

205

472

608

369

296

208

518

214

393

Franchise taxes

1,333

1,278

1,315

1,296

1,288

1,182

1,083

901

780

963

-

Write-down of insurance receivable

-

2,010

-

347

-

-

-

-

-

-

-

Franchise taxes

1,333

1,278

1,315

1,296

1,288

-

1,083

901

780

963

-

Franchise taxes

-

-

-

-

-

-

-

-

-

-

885

Other operating expenses

3,872

3,891

4,507

3,803

3,580

3,721

3,519

3,179

3,217

3,150

3,135

Total noninterest expense

25,754

27,276

24,229

23,335

25,635

24,432

24,299

23,475

23,417

23,127

23,853

Income before income taxes

20,677

18,711

20,385

18,894

20,573

22,092

23,107

22,992

22,885

19,792

17,979

Income tax expense

3,211

2,560

6,293

3,952

4,740

5,178

5,317

5,245

5,247

4,223

3,660

Net Income

17,466

16,151

14,092

14,942

15,833

16,914

17,790

17,747

17,638

15,569

14,319

Basic net income per common share (in dollars per share)

2.65

2.32

2.03

2.15

2.28

2.43

2.56

2.56

2.54

2.25

2.07

Fully diluted net income per common share (in dollars per share)

2.65

2.32

2.03

2.15

2.28

2.43

2.55

2.55

2.54

2.24

2.06

Dividends declared per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.84

Net Income

17,466

16,151

14,092

14,942

15,833

-

17,790

17,747

17,638

15,569

14,319

Deposit Account [Member]
Noninterest Income

2,453

2,678

2,776

2,458

-

-

-

-

-

-

-

Product and Service, Other [Member]
Noninterest Income

198

132

205

212

-

-

-

-

-

-

-

Credit and Debit Card [Member]
Noninterest Income

1,398

1,431

1,205

981

-

-

-

-

-

-

-

Fiduciary and Trust [Member]
Noninterest Income

1,622

1,565

1,530

1,346

-

-

-

-

-

-

-