Loading...
•
Dec 31, 2020
National Bankshares Q4 2020 Earnings Report
Reported solid revenue and maintained good shareholder value despite the pandemic's impact.
Key Takeaways
National Bankshares, Inc. reported a net income of $16.08 million for the year ended December 31, 2020, compared to $17.47 million for the year ended December 31, 2019. The company's total assets ended the year at $1.52 billion. The bank was able to generate solid revenue and maintain good shareholder value.
Modified or deferred payments on 387 loans totaling $174.66 million to aid business customers.
Originated 813 Paycheck Protection Program loans grossing $58.22 million.
Net income includes a loan loss provision of $1.99 million, an increase of $1.86 million over the prior year.
Total assets increased by $197.83 million to $1.52 billion.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...