{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-010747","form_type":"8-K","ticker":"NKSH","cik":"0000796534","company_name":"NATIONAL BANKSHARES INC","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.251740+00:00","generated_at":"2026-06-16T23:05:39.822247+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"NKSH Q1 net income $4.53M ($0.77) vs $4.89M ($0.81) YoY; pays $1 special dividend","bullets":["Net income of $4.53M ($0.77 per share) vs $4.89M ($0.81) in Q1 2022; excluding $441K proxy costs, net income would have been $4.88M.","Paid a special one-time cash dividend of $1.00 per common share in Q1 2023.","Total deposits declined 2.03% from Dec 31, 2022; non-municipal uninsured deposits ~24%.","Adopted CECL (ASU 2016-13) effective Jan 1, 2023; allowance increased $2.34M, retained earnings reduced $2.01M.","Securities AFS unrealized loss of $88.22M at March 31, 2023, improved from $103.07M at Dec 31, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-010747","json":"https://secwatch.observer/filing/0001437749-23-010747.json","markdown":"https://secwatch.observer/filing/0001437749-23-010747.md","text":"https://secwatch.observer/filing/0001437749-23-010747.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796534/000143774923010747/0001437749-23-010747-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796534/000143774923010747/nksh20230420_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T23:05:39.822247+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":"cfc1cabad657d884cd6cd47ba88519b2caaf0aa8","claim":"NATIONAL BANKSHARES INC reported the first quarter of 2023 results: net income $4.53 million, EPS $0.77 per common share.","evidence_excerpt":"National Bankshares, Inc. (“the Company”) (Nasdaq: NKSH), parent company of The National Bank of Blacksburg (“the Bank”), today announced its results of operations for the first quarter of 2023. The Company reported net income for the quarter of $4.53 million, or $0.77 per common share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/796534/000143774923010747/0001437749-23-010747-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2023"},{"label":"Net income","value":"$4.53 million"},{"label":"EPS","value":"$0.77 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"}