---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-012790"
form_type: "8-K"
ticker: "SLBK"
cik: "0001657642"
company_name: "Skyline Bankshares, Inc."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T16:56:22.501483+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Skyline Bankshares Q1 net income $2.7M ($0.49 EPS) up 13.9% YoY; ROAA 1.10%

## Summary
- Net income $2.7M vs $2.4M YoY; diluted EPS $0.49 vs $0.43; ROAE 14.78% vs 11.75%.
- Net interest margin 3.89% vs 3.53% YoY but down from 3.93% in Q4 2022.
- Loans grew 1.23% QoQ to $757.8M; deposits fell 1.62% to $905.5M; time deposits rose $26.2M.
- Adopted CECL Jan 1, 2023, boosting allowance by $592K; NPLs remain low at 0.22% of loans.
- Book value per share rose to $13.61 from $12.98 at year-end 2022.

## SEC filing metadata
- accession: 0001437749-23-012790
- form_type: 8-K
- ticker: SLBK
- cik: 0001657642
- company_name: Skyline Bankshares, Inc.
- filed_at: 2023-05-05T23:59:59+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/1657642/000143774923012790/0001437749-23-012790-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657642/000143774923012790/pkkw20230505_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-012790
- JSON: https://secwatch.observer/filing/0001437749-23-012790.json
- Plain text: https://secwatch.observer/filing/0001437749-23-012790.txt

## Key facts
- Earnings Releases
  Skyline Bankshares, Inc. reported the first quarter of 2023 results: net income $2.7 million, or $0.49 per share, EPS $0.49 per share.
  - Period: the first quarter of 2023
  - Net income: $2.7 million, or $0.49 per share
  - EPS: $0.49 per share
  - Result: reported results
  source text: On May 5, 2023, Skyline Bankshares, Inc. (the “Company”) issued a press release reporting its financial results for the period ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657642/000143774923012790/0001437749-23-012790-index.htm

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