---
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"
generated_at: "2026-07-23T20:31:29.107958+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# National Bankshares Q2 net income $5.03M ($0.79 EPS) vs $2.29M YoY; sells insurance stake, repositions securities

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-314195
- JSON: https://secwatch.observer/filing/0001193125-26-314195.json
- Plain text: https://secwatch.observer/filing/0001193125-26-314195.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.