•
Jun 30, 2021
National Bankshares Q2 2021 Earnings Report
National Bankshares' earnings increased, driven by improved loan volume, growth in noninterest income, a reduction in the loan loss provision, and lower interest rates paid on deposits.
Key Takeaways
National Bankshares, Inc. reported net income of $9.38 million for the six months ended June 30, 2021, compared to $6.96 million for the same period in 2020. Total assets reached $1.66 billion.
Net income for the first half of 2021 was $9.38 million.
Total assets reached $1.66 billion.
The company repurchased 150,130 shares in the second quarter of 2021.
Nonperforming loans as a percentage of total loans were 0.47%.