secwatch.observer — SEC 8-K summary
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Issuer:     Skyline Bankshares, Inc. (SLBK)
CIK:        0001657642
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0001437749-22-019383
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parkway Acquisition Q2 net income $2.2M ($0.40 EPS); core loans grow 13% YoY
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- Q2 2022 net income $2.2M vs $2.3M in Q2 2021; diluted EPS $0.40 vs $0.38.
- Six-month net income $4.6M ($0.83) up 12% from $4.1M ($0.69) year ago.
- Core loans grew $81.7M (13.0%) YoY, offsetting $56.2M decline in PPP loans.
- Total deposits $953.7M, up 12.7% YoY; lower-cost core deposits annualized growth 25% in Q2.
- Return on average equity improved to 11.67% from 10.74% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1657642/000143774922019383/0001437749-22-019383-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1657642/000143774922019383/pkkw20220808_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-019383

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