{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-002377","form_type":"8-K","ticker":"NKSH","cik":"0000796534","company_name":"NATIONAL BANKSHARES INC","filed_at":"2023-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.112035+00:00","generated_at":"2026-06-20T03:00:49.965238+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"National Bankshares Q4 EPS $1.57, full-year $4.33; core net income up 12.4% YoY","bullets":["Net income 2022: $25.93M ($4.33 EPS) vs $20.38M ($3.28) in 2021; Q4 net income $9.31M ($1.57) includes $3.02M after-tax gain from PE sale.","Core net income (ex-gain) $22.91M ($3.83 EPS) for year; grew 12.4% YoY driven by net interest income expansion.","Total assets $1.68B; loans grew 6.16% to $49.5M; deposits decreased $27.9M QoQ amid increased competition in Q4.","Unrealized loss on securities $103.07M due to rate hikes; stockholders' equity down 36% but bank remains well capitalized.","Q4 dividend $0.78/share; share repurchases 67,588 in Q4; combined payout ratio 58.95%."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-002377","json":"https://secwatch.observer/filing/0001437749-23-002377.json","markdown":"https://secwatch.observer/filing/0001437749-23-002377.md","text":"https://secwatch.observer/filing/0001437749-23-002377.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796534/000143774923002377/0001437749-23-002377-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796534/000143774923002377/nksh20230127_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T03:00:49.965238+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":[{"claim_id":"4903d1f545b7af3ff3d4d14f1d3467d09dc06820","claim":"NATIONAL BANKSHARES INC reported the year and quarter ended December 31, 2022 results: net income $25.93 million, EPS $4.33 per common share.","evidence_excerpt":"The Company reported net income for the year of $25.93 million, or $4.33 per common share, and $9.31 million, or $1.57 per common share, for the fourth quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/796534/000143774923002377/0001437749-23-002377-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year and quarter ended December 31, 2022"},{"label":"Net income","value":"$25.93 million"},{"label":"EPS","value":"$4.33 per common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}