National Bankshares Q3 2024 Earnings Report

National Bankshares reported net income for the third quarter of 2024.

Key Takeaways

National Bankshares, Inc. reported a net income of $2.68 million, or $0.42 per basic common share, for the three-month period ended September 30, 2024, compared to a net income of $3.07 million, or $0.52 per basic common share, for the same period in 2023. The company ended the quarter with total assets of $1.79 billion.

Net income for the quarter was $2.68 million, or $0.42 per basic common share.

Total assets reached $1.79 billion at the end of the quarter.

Net interest margin improved compared to the second quarter of 2024 due to increases in loan yields outpacing deposit costs.

Noninterest income increased slightly compared to the second quarter of 2024, driven by the FCB acquisition and positive trends in Trust income.

Total Revenue

$11.7M

Previous year: $10.8M