$SLBK
Skyline Bankshares Inc

2016 Q3 Form 10-Q Financial Statement

#000119312516681863 Filed on August 15, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2016 Q2 2015 Q4
Revenue $5.742M $3.151M
YoY Change 79.33%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $360.0K $150.0K $150.0K
YoY Change -20.0% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $559.0K $343.0K
YoY Change 1.45%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.510M $818.0K -$170.0K
YoY Change 155.07% -54.05%
Income Tax $464.0K $278.0K $70.00K
% Of Pretax Income 30.73% 33.99%
Net Earnings $1.046M $540.0K -$250.0K
YoY Change 151.44% 8.7%
Net Earnings / Revenue 18.22% 17.14%
Basic Earnings Per Share $0.21 $0.32
Diluted Earnings Per Share $209.2K $145.9K -$49.80K
COMMON SHARES
Basic Shares Outstanding 5.021M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q3 2016 Q2 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $24.82M $13.12M $8.055M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $17.97M $11.76M
YoY Change 51.02% -2.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.600M
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $570.6M $10.00 $331.8M
YoY Change 71.72% -0.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $200.0K $200.0K
YoY Change -33.33% 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $10.00M $0.00
YoY Change -50.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $200.0K $200.0K
YoY Change -33.33% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.900M $1.100M
YoY Change 111.11% 37.5%
Total Long-Term Liabilities $1.900M $1.100M
YoY Change 111.11% 37.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $200.0K $200.0K
Total Long-Term Liabilities $1.900M $1.100M
Total Liabilities $514.3M $0.00 $301.1M
YoY Change 70.85% -0.66%
SHAREHOLDERS EQUITY
Retained Earnings $30.26M $0.00 $28.71M
YoY Change
Common Stock $10.00 $10.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $56.37M $31.98M $30.66M
YoY Change
Total Liabilities & Shareholders Equity $559.1M $10.00 $331.8M
YoY Change 68.24% -0.4%

Cashflow Statement

Concept 2016 Q3 2016 Q2 2015 Q4
OPERATING ACTIVITIES
Net Income $1.046M $540.0K -$250.0K
YoY Change 151.44% 8.7%
Depreciation, Depletion And Amortization $360.0K $150.0K $150.0K
YoY Change -20.0% 0.0%
Cash From Operating Activities $1.550M $830.0K $30.00K
YoY Change -20.92% -66.67%
INVESTING ACTIVITIES
Capital Expenditures -$460.0K -$30.00K $20.00K
YoY Change 53.33% -108.0%
Acquisitions
YoY Change
Other Investing Activities $40.95M $320.0K -$8.560M
YoY Change 1383.7% 62.12%
Cash From Investing Activities $40.49M $300.0K -$8.530M
YoY Change 1545.93% 53.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.11M -3.420M 70.00K
YoY Change 344.4% -90.91%
NET CHANGE
Cash From Operating Activities 1.550M 830.0K 30.00K
Cash From Investing Activities 40.49M 300.0K -8.530M
Cash From Financing Activities -11.11M -3.420M 70.00K
Net Change In Cash 30.93M -2.290M -8.430M
YoY Change 1510.94% 80.13%
FREE CASH FLOW
Cash From Operating Activities $1.550M $830.0K $30.00K
Capital Expenditures -$460.0K -$30.00K $20.00K
Free Cash Flow $2.010M $860.0K $10.00K
YoY Change -11.06% -97.06%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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25000000 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
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CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
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CY2015Q4 us-gaap Assets
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us-gaap Business Acquisitions Pro Forma Net Income Loss
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us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
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otc Business Acquisitions Pro Forma Weighted Average Number Of Shares Outstanding Basic And Diluted
BusinessAcquisitionsProFormaWeightedAverageNumberOfSharesOutstandingBasicAndDiluted
5021376 shares
otc Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
0.20
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001657642
dei Entity Incorporation Date Of Incorporation
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2015-11-02
dei Trading Symbol
TradingSymbol
OTC
dei Amendment Flag
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false
us-gaap Business Acquisition Date Of Acquisition Agreement1
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2015-11-06
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Period End Date
DocumentPeriodEndDate
2016-06-30
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
Parkway Acquisition Corp.
us-gaap Business Acquisitions Pro Forma Net Income Loss
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1365000
us-gaap Business Acquisitions Pro Forma Revenue
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9697000
otc Business Acquisitions Pro Forma Weighted Average Number Of Shares Outstanding Basic And Diluted
BusinessAcquisitionsProFormaWeightedAverageNumberOfSharesOutstandingBasicAndDiluted
5021376 shares
otc Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
0.27

Files In Submission

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0001193125-16-681863-index-headers.html Edgar Link pending
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0001193125-16-681863-xbrl.zip Edgar Link pending
d241757d10q.htm Edgar Link pending
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