{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-020344","form_type":"8-K","ticker":"NKSH","cik":"0000796534","company_name":"NATIONAL BANKSHARES INC","filed_at":"2023-07-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.667868+00:00","generated_at":"2026-06-13T05:58:26.644923+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"National Bankshares Q2 net income falls 30% to $3.9M; EPS $0.66 vs $0.93","bullets":["Net income $3.9M ($0.66 EPS) vs $5.57M ($0.93 EPS) in Q2 2022, down 30%.","Six-month net income $8.43M ($1.43 EPS) vs $10.46M ($1.74 EPS) year ago.","Net interest margin compressed due to rising deposit costs outpacing loan yields.","Noninterest income boosted by $2.97M gain on VISA stock sale and $1.04M BOLI payout, offset by $3.34M loss on securities sale.","Paid $0.73 semiannual dividend in June plus $1.00 special dividend in Q1; total payout ratio 120.84% for H1 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-020344","json":"https://secwatch.observer/filing/0001437749-23-020344.json","markdown":"https://secwatch.observer/filing/0001437749-23-020344.md","text":"https://secwatch.observer/filing/0001437749-23-020344.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796534/000143774923020344/0001437749-23-020344-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796534/000143774923020344/nksh20230719_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:58:26.644923+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":"860f9d1f85414bd9e3718e58075d06fc5252d6af","claim":"NATIONAL BANKSHARES INC reported the second quarter and first half of 2023 results: net income $3.90 million, or basic earnings per common share of $0.66, for the second quarter and $8.43 million, or basic earnings.","evidence_excerpt":"On July 20, 2023, National Bankshares, Inc. issued a press release reporting its financial results for the period ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/796534/000143774923020344/0001437749-23-020344-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter and first half of 2023"},{"label":"Net income","value":"$3.90 million, or basic earnings per common share of $0.66, for the second quarter and $8.43 million, or basic earnings"},{"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"}