National Bankshares Inc

nationalbankshares.com

National Bankshares, Inc. (NASDAQ: NKSH) is a Virginia-based financial holding company that conducts substantially all of its operations through its wholly-owned community bank subsidiary, The National Bank of Blacksburg (NBB). The company earns revenue primarily through net interest income, the spread between interest earned on loans and securities and interest paid on deposits and borrowings, supplemented by noninterest income from service charges, trust services, credit and debit card fees, mortgage loan sales, and bank-owned life insurance. Organized in 1986 under Virginia law and registered under the Bank Holding Company Act of 1956, NKSH operates as a community bank serving regional markets. Average total deposits were $1.62 billion at an average rate paid of 1.81% for the year ended December 31, 2025. The company expanded its footprint through the acquisition of FCB in 2024, which added employees, branch infrastructure, and a core deposit intangible asset being amortized over 10 years. NKSH pays common stock dividends, with dividend capacity dependent on distributions from NBB to the holding company.