secwatch.observer — SEC 8-K summary
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Issuer:     Skyline Bankshares, Inc. (SLBK)
CIK:        0001657642
Form:       8-K
Filed at:   2021-08-06T23:59:59+00:00
Accession:  0001437749-21-018960
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parkway Q2 net income $2.3M ($0.38/share) doubles YoY; assets grow 19% to $947M
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- Net income $2.3M ($0.38 diluted EPS) vs $1.1M ($0.18) in Q2 2020; H1 net income $4.1M ($0.69) vs $2.8M ($0.46).
- Net interest margin 3.69% vs 3.95% a year earlier; net interest income after provision $7.7M vs $6.4M.
- Total assets $946.9M (+19% YoY); deposits $846.3M (+22%); net loans $692.0M (+7%).
- Nonperforming loans ratio improved to 0.29% from 0.73% a year ago; allowance 0.77% of loans.
- Repurchased 35,000 shares in Q2; book value per share $14.47, up from $14.00 at Q1 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657642/000143774921018960/0001437749-21-018960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657642/000143774921018960/pkkw20210806_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-018960

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer