{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-314195","form_type":"8-K","ticker":"NKSH","cik":"0000796534","company_name":"NATIONAL BANKSHARES INC","filed_at":"2026-07-23T20:30:14+00:00","discovered_at":"2026-07-23T20:31:00.388847+00:00","generated_at":"2026-07-23T20:31:29.107958+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"National Bankshares Q2 net income $5.03M ($0.79 EPS) vs $2.29M YoY; sells insurance stake, repositions securities","bullets":["Q2 2026 net income $5.03M ($0.79 diluted EPS) vs $2.29M ($0.36) in Q2 2025; six-month net income $10.01M ($1.57) vs $5.53M ($0.87).","Recorded $6.57M gain on sale of Bearing Insurance Group membership interest during Q2.","Repositioned securities: sold $131.87M (1.80% yield), bought $127.33M MBS (5.26% yield); pre-tax loss $6.55M, expected recovery in ~1.8 years.","Repositioning expected to add $4.25M annual interest income, 12 bps to 2026 NIM and 24 bps to 2027 NIM.","Paid semiannual dividend of $0.75 on June 1, 2026; total assets $1.83B; loans grew, credit quality remains low."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-314195","json":"https://secwatch.observer/filing/0001193125-26-314195.json","markdown":"https://secwatch.observer/filing/0001193125-26-314195.md","text":"https://secwatch.observer/filing/0001193125-26-314195.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796534/000119312526314195/0001193125-26-314195-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796534/000119312526314195/nksh-20260723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-23T20:31:29.107958+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"}