{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-294550","form_type":"8-K","ticker":"NKSH","cik":"0000796534","company_name":"NATIONAL BANKSHARES INC","filed_at":"2026-07-02T20:15:14+00:00","discovered_at":"2026-07-02T20:16:00.259361+00:00","generated_at":"2026-07-02T20:16:07.151062+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"National Bankshares completes $131.9M securities repositioning, swaps low-yield for higher-yield bonds","bullets":["Sold securities with $131.87M amortized cost (1.80% yield); purchased $127.33M at 5.16% yield.","Pre-tax loss of $6.55M on sale will be recognized in Q2 2026.","Loss offset by gain from sale of Bearing Insurance Group membership interest (announced May 1, 2026).","Company expects pre-tax loss to be recovered over approximately 1.8 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-294550","json":"https://secwatch.observer/filing/0001193125-26-294550.json","markdown":"https://secwatch.observer/filing/0001193125-26-294550.md","text":"https://secwatch.observer/filing/0001193125-26-294550.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796534/000119312526294550/0001193125-26-294550-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796534/000119312526294550/nksh-20260702.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-02T20:16:07.151062+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}