{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-428986","form_type":"8-K","ticker":"NKSH","cik":"0000796534","company_name":"NATIONAL BANKSHARES INC","filed_at":"2026-10-22T20:30:15+00:00","discovered_at":"2026-10-22T20:31:00.305022+00:00","generated_at":"2026-10-22T20:31:28.009565+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"National Bankshares Q3 net income $5.49M, EPS $0.86 vs $0.69; NIM up 49 bps YoY","bullets":["Q3 net income $5.49M or $0.86 diluted EPS vs $4.42M or $0.69 in Q3 2025; nine-month net income $15.50M or $2.43 vs $9.95M or $1.56.","Net interest margin improved 21 bps Q3 vs Q2, 49 bps YoY, and 51 bps YTD on higher asset yields and lower deposit costs.","Q2 2026 gain $6.57M on sale of Bearing Insurance Group membership; securities repositioning sold $131.87M at 1.80% yield, bought $127.33M MBS at 5.26%, $6.55M pretax loss.","Total assets $1.78B; deposits fell QoQ on municipal cyclicality; municipal deposits 19% of total, ~21% of non-municipal deposits uninsured.","Paid semiannual dividend of $0.75/share on June 1, 2026; CEO cites YTD earnings up over 55% (33% adjusted for nonrecurring items) and Q3 vs Q2 up over 9%."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-428986","json":"https://secwatch.observer/filing/0001193125-26-428986.json","markdown":"https://secwatch.observer/filing/0001193125-26-428986.md","text":"https://secwatch.observer/filing/0001193125-26-428986.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796534/000119312526428986/0001193125-26-428986-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796534/000119312526428986/nksh-20261022.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-22T20:31:28.009565+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"}