---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-025535"
form_type: "8-K"
ticker: "SLBK"
cik: "0001657642"
company_name: "Skyline Bankshares, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T14:23:08.627944+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Parkway Acquisition Q3 net income $2.8M ($0.50/sh) vs $2.7M ($0.45/sh) YoY; NIM expands to 3.70%

## Summary
- Net income $2.8M ($0.50/sh) in Q3 2022, up from $2.7M ($0.45/sh) in Q3 2021; 9-month net income $7.4M ($1.32/sh) vs $6.8M ($1.14/sh).
- Net interest margin expanded to 3.70% in Q3 2022 from 3.54% in Q2 2022 and 3.60% in Q3 2021.
- Core loans grew $92.5M (14.41%) YoY, offsetting $37.7M decline in PPP loans; annualized core loan growth 16.50% in 9M 2022.
- Total deposits $945.7M (+$47.5M vs Dec 2021); noninterest-bearing deposits increased $13.0M during Q3.
- Nonperforming loans 0.24% of total loans; allowance for loan losses 0.83%; stockholder equity decreased $14.7M due to unrealized securities losses.

## SEC filing metadata
- accession: 0001437749-22-025535
- form_type: 8-K
- ticker: SLBK
- cik: 0001657642
- company_name: Skyline Bankshares, Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657642/000143774922025535/0001437749-22-025535-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657642/000143774922025535/pkkw20221102_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-025535
- JSON: https://secwatch.observer/filing/0001437749-22-025535.json
- Plain text: https://secwatch.observer/filing/0001437749-22-025535.txt

## Key facts
- Earnings Releases
  Skyline Bankshares, Inc. reported the quarter ended September 30, 2022 results: net income $2.8 million, EPS $0.50 per share.
  - Period: the quarter ended September 30, 2022
  - Net income: $2.8 million
  - EPS: $0.50 per share
  - Result: reported results
  source text: Parkway recorded net income of $2.8 million, or $0.50 per share, for the quarter ended September 30, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657642/000143774922025535/0001437749-22-025535-index.htm
- Earnings Releases
  Skyline Bankshares, Inc. reported the nine months ended September 30, 2022 results: net income $7.4 million, EPS $1.32 per share.
  - Period: the nine months ended September 30, 2022
  - Net income: $7.4 million
  - EPS: $1.32 per share
  - Result: reported results
  source text: For the nine months ended September 30, 2022, net income was $7.4 million, or $1.32 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657642/000143774922025535/0001437749-22-025535-index.htm

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