National bankshares inc (NKSH)
Income statement / Quarterly
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'11Mar'11Sep'10Jun'10
Interest Income
Interest and fees on loans

8,466

8,592

8,548

8,460

8,269

8,174

8,005

7,622

7,532

7,553

7,473

7,453

7,453

7,333

7,409

7,289

7,334

7,560

7,676

7,600

7,610

7,575

7,729

7,819

7,935

7,777

8,196

8,192

8,319

8,800

8,923

8,753

8,878

9,128

9,184

9,107

9,095

9,284

9,260

Interest on interest-bearing deposits

217

475

407

382

259

163

111

226

172

188

224

231

148

123

97

150

162

81

54

55

64

69

64

64

65

52

45

58

58

53

60

56

71

51

37

35

32

36

30

Interest on securities – taxable

2,356

-

1,565

1,603

1,683

-

1,771

1,746

1,608

-

1,426

1,397

1,402

-

1,381

1,567

1,677

-

1,678

1,712

1,734

-

1,718

1,697

1,653

1,657

1,722

1,694

1,512

1,469

1,620

1,782

1,589

1,630

1,740

1,713

1,662

1,325

1,466

Interest on securities – nontaxable

349

487

768

848

927

1,001

1,058

1,132

1,172

1,199

1,178

1,214

1,235

1,256

1,270

1,286

1,311

1,343

1,352

1,357

1,386

1,416

1,436

1,474

1,500

1,541

1,581

1,618

1,648

1,662

1,634

1,591

1,576

1,620

1,616

1,620

1,676

1,642

1,591

Total interest income

11,388

11,428

11,288

11,293

11,138

11,069

10,945

10,726

10,484

10,426

10,301

10,295

10,238

9,997

10,157

10,292

10,484

10,636

10,760

10,724

10,794

10,790

10,947

11,054

11,153

11,027

11,544

11,562

11,537

11,984

12,237

12,182

12,114

12,429

12,577

12,475

12,465

12,287

12,347

Interest Expense
Interest on time deposits

559

-

523

419

297

-

107

116

121

-

130

135

145

-

172

181

274

-

301

315

327

-

361

145

153

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest on time deposits of $100 or more

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

196

230

268

-

355

391

425

468

485

505

561

855

894

Interest on other deposits

1,237

3,047

1,342

1,495

1,496

1,860

1,034

1,029

960

1,438

891

913

883

1,643

847

882

794

1,979

708

736

760

1,801

786

1,150

1,162

2,034

1,192

1,318

1,411

2,987

1,581

1,627

1,692

1,709

1,797

1,841

1,818

1,871

1,956

Interest on borrowings

-

-

-

-

-

-

104

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total interest expense

1,796

-

1,865

-

1,793

-

1,245

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total interest expense

-

-

-

1,914

-

-

-

1,145

1,081

-

1,021

1,048

1,028

1,016

1,019

1,063

1,068

1,036

1,009

1,051

1,087

1,142

1,147

1,295

1,315

1,340

1,388

1,548

1,679

1,816

1,936

2,018

2,117

2,177

2,282

2,346

2,379

2,726

2,850

Net interest income

9,592

9,620

9,423

9,379

9,345

9,493

9,700

9,581

9,403

9,398

9,280

9,247

9,210

8,981

9,138

9,229

9,416

9,600

9,751

9,673

9,707

9,648

9,800

9,759

9,838

9,687

10,156

10,014

9,858

10,168

10,301

10,164

9,997

10,252

10,295

10,129

10,086

9,561

9,497

Provision for loan losses

479

-224

95

55

200

-174

223

342

-472

-567

201

464

59

502

291

654

203

1,275

178

355

201

481

356

701

103

202

303

355

671

580

778

1,104

672

753

643

753

800

710

852

Net interest income after provision for loan losses

9,113

9,844

9,328

9,324

9,145

9,667

9,477

9,239

9,875

9,965

9,079

8,783

9,151

8,479

8,847

8,575

9,213

8,325

9,573

9,318

9,506

9,167

9,444

9,058

9,735

9,485

9,853

9,659

9,187

9,588

9,523

9,060

9,325

9,499

9,652

9,376

9,286

8,851

8,645

Noninterest Income:
Noninterest Income

1,459

1,581

1,576

1,513

1,484

1,579

1,570

1,577

1,540

1,630

1,523

1,502

1,459

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

649

569

560

574

571

570

535

601

634

607

592

641

709

625

588

638

674

651

631

665

692

648

612

706

772

Other service charges and fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47

46

72

51

45

48

71

42

42

38

65

86

37

42

60

113

40

41

49

113

57

59

58

63

54

Credit card fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

963

969

870

1,018

972

976

895

944

929

961

797

903

834

853

740

837

807

840

794

832

805

827

733

745

760

Trust income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

330

354

323

327

314

299

289

292

296

332

293

283

267

311

289

276

271

440

326

270

264

307

246

316

261

BOLI income

221

229

230

232

219

223

222

228

228

236

233

146

143

150

149

151

147

152

152

150

149

111

153

177

175

112

182

176

188

209

205

200

200

203

189

186

184

197

176

Other income

533

275

227

231

910

204

282

173

346

413

215

192

328

247

242

455

345

332

230

419

314

331

200

229

277

-

-

-

281

328

130

112

99

156

125

77

91

72

89

Realized securities gain, net

20

-

162

8

12

-

-

-

-

-

4

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

183

223

-

-

-

-

-

-

-

-

-

-

-

Realized securities gains, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

101

74

24

28

2

5

-2

-3

4

0

1

-2

-62

9

9

27

-19

-1

53

97

-3

-14

10

2

11

Total noninterest income

2,135

2,347

2,098

1,856

2,489

1,924

1,914

1,868

2,023

2,171

1,884

1,731

1,850

-325

2,481

2,618

2,341

2,482

2,286

2,467

2,251

2,318

2,258

2,344

2,200

2,678

2,150

2,239

2,155

2,428

2,108

2,283

2,152

2,336

2,129

2,090

1,934

2,101

2,123

Noninterest Expense
Salaries and employee benefits

3,979

3,852

3,823

3,802

3,821

3,628

3,639

3,545

3,694

3,250

3,478

3,419

3,523

2,970

3,239

2,907

3,568

3,089

3,150

3,232

3,051

2,673

2,927

3,007

2,999

2,944

3,031

2,992

2,940

2,991

3,104

2,954

2,956

2,796

2,834

2,823

2,904

2,695

2,654

Occupancy, furniture and fixtures

450

456

468

477

465

449

433

491

472

454

459

469

438

461

463

448

477

436

438

420

449

443

403

417

440

386

394

404

432

408

387

397

397

392

349

435

423

451

477

Data processing and ATM

791

808

823

789

751

760

684

607

733

607

565

542

566

521

624

595

411

427

387

408

435

464

429

394

363

412

477

418

393

387

390

424

392

412

416

429

444

414

349

FDIC assessment

-

0

0

82

85

90

88

90

91

85

93

91

95

55

135

145

141

138

138

135

135

122

147

117

147

146

136

136

136

132

133

101

109

-372

353

350

346

273

269

Credit card processing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

715

712

622

706

701

675

610

706

673

665

549

692

656

646

552

625

607

638

572

614

639

646

586

588

584

Intangible assets amortization

-

-

-

-

-

14

12

12

12

12

13

12

31

39

40

68

110

192

269

269

269

268

269

269

269

269

269

269

271

271

270

271

271

270

271

271

271

270

271

Net costs of other real estate owned

22

2

17

3

25

30

274

164

85

63

58

55

29

293

71

39

69

53

48

43

464

110

98

84

77

104

52

65

75

-1

58

103

48

237

52

95

134

120

27

Franchise taxes

343

343

343

333

314

313

314

320

331

332

332

329

322

322

321

322

331

329

329

322

308

309

307

287

279

280

280

265

258

255

258

226

162

-

162

215

-

-

-

Write-down of insurance receivable

-

-

-

-

-

0

-1

287

1,724

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Franchise taxes

343

343

343

333

314

313

314

320

331

332

332

329

322

-

321

322

-

-

-

-

-

-

307

287

279

280

280

265

258

255

258

226

162

-

162

215

-

-

-

Franchise taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

242

241

242

Other operating expenses

882

989

912

967

1,004

942

1,019

908

1,022

1,138

1,033

1,057

1,279

834

1,012

1,002

955

901

859

861

959

980

862

820

1,059

822

848

942

907

877

881

617

804

911

811

761

734

774

824

Total noninterest expense

6,467

6,450

6,386

6,453

6,465

6,225

6,463

6,424

8,164

5,941

6,031

5,974

6,283

3,793

6,620

6,238

6,684

6,271

6,319

6,365

6,680

6,075

6,115

6,060

6,182

6,055

6,143

6,137

5,964

5,945

6,088

5,731

5,711

5,421

5,887

6,025

6,084

5,826

5,697

Income before income taxes

4,781

5,741

5,040

4,727

5,169

5,366

4,928

4,683

3,734

6,195

4,932

4,540

4,718

4,361

4,708

4,955

4,870

4,536

5,540

5,420

5,077

5,410

5,587

5,342

5,753

6,108

5,860

5,761

5,378

6,071

5,543

5,612

5,766

6,414

5,894

5,441

5,136

5,126

5,071

Income tax expense

802

964

788

733

726

803

677

642

438

3,107

1,147

970

1,069

891

880

1,090

1,091

978

1,341

1,310

1,111

1,272

1,324

1,233

1,349

1,486

1,343

1,326

1,162

1,386

1,250

1,272

1,337

1,525

1,385

1,225

1,112

1,129

1,075

Net Income

3,979

4,777

4,252

3,994

4,443

4,563

4,251

4,041

3,296

3,088

3,785

3,570

3,649

3,470

3,828

3,865

3,779

3,558

4,199

4,110

3,966

4,138

4,263

4,109

4,404

4,622

4,517

4,435

4,216

4,685

4,293

4,340

4,429

4,889

4,509

4,216

4,024

3,997

3,996

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

0.61

0.74

0.65

0.61

0.65

0.66

0.61

0.58

0.47

-1,567.97

540.00

510.00

520.00

0.50

0.55

0.56

0.54

0.52

0.60

0.59

0.57

0.60

0.61

0.59

0.63

0.66

0.65

0.64

0.61

0.67

0.62

0.63

0.64

0.70

0.65

0.61

0.58

0.58

0.58

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

0.61

0.74

0.65

0.61

0.65

0.66

0.61

0.58

0.47

0.46

0.54

0.51

0.52

0.50

0.55

0.56

0.54

0.52

0.60

0.59

0.57

0.60

0.61

0.59

0.63

0.66

0.65

0.64

0.60

0.67

0.62

0.62

0.64

0.70

0.65

0.61

0.58

0.58

0.58

Weighted average number of common shares outstanding – basic and diluted (in shares)

6,489

-

6,499

6,505

6,839

-

6,957

6,957

6,957

-

6,957

6,957

6,957

-

6,957

6,957

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of common shares outstanding  basic (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,957

-

6,955

6,952

6,950,474

-

6,948,681

6,947,974

6,947,974

-

6,947

6,947

6,947

-

6,941

6,939

6,939

-

6,937

6,936

6,933

6,933

6,933

Weighted average number of common shares outstanding  diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,957

-

6,959

6,956

6,955,023

-

6,956,777

6,960,683

6,963,865

-

6,972

6,968

6,969

-

6,962

6,957

6,954

-

6,945

6,946

6,957

6,942

6,946

Dividends declared per common share (in dollars per share)

-

-

-

0.67

-

-

-

0.58

-

-

0.00

0.56

0.00

-

0.00

0.55

0.00

-

0.00

0.53

0.00

-

-

0.55

-

-

-

0.54

-

-

0.00

0.53

0.00

-

0.00

0.48

0.00

0.00

0.44

Write-down of insurance receivable

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income

3,979

4,777

4,252

3,994

4,443

4,563

4,251

4,041

3,296

3,088

3,785

3,570

3,649

3,470

3,828

3,865

3,779

3,558

4,199

4,110

3,966

-

4,263

4,109

4,404

4,622

4,517

4,435

4,216

4,685

4,293

4,340

4,429

4,889

4,509

4,216

4,024

3,997

3,996

Deposit Account [Member]
Noninterest Income

582

613

643

607

590

641

673

694

670

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Product and Service, Other [Member]
Noninterest Income

39

49

46

51

52

45

20

34

33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Credit and Debit Card [Member]
Noninterest Income

306

383

350

356

309

360

362

365

344

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fiduciary and Trust [Member]
Noninterest Income

434

414

440

371

397

434

355

374

402

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-