---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-021931"
form_type: "8-K"
ticker: "SLBK"
cik: "0001657642"
company_name: "Skyline Bankshares, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T08:35:26.338624+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Skyline Bankshares Q2 net income $2.8M ($0.49/shr) vs $2.2M ($0.40/shr) YoY; NIM 3.82%

## Summary
- Net income $2.8M in Q2 2023, up 27% from $2.2M in Q2 2022; diluted EPS $0.49 vs $0.40.
- Net interest margin 3.82% vs 3.54% YoY; net interest income after provision $9.1M vs $8.1M.
- Net loans grew 8.11% YoY to $772.5M; total deposits fell 5.27% to $903.4M.
- Annualized ROAA 1.10% (0.88% YoY); annualized ROAE 14.35% (11.67% YoY).
- Company repurchased 19,712 shares in Q2; mgmt expects NIM pressure from deposit competition.

## SEC filing metadata
- accession: 0001437749-23-021931
- form_type: 8-K
- ticker: SLBK
- cik: 0001657642
- company_name: Skyline Bankshares, Inc.
- filed_at: 2023-08-03T23:59:59+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/1657642/000143774923021931/0001437749-23-021931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657642/000143774923021931/pkkw20230803_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-021931
- JSON: https://secwatch.observer/filing/0001437749-23-021931.json
- Plain text: https://secwatch.observer/filing/0001437749-23-021931.txt

## Key facts
- Earnings Releases
  Skyline Bankshares, Inc. reported the second quarter of 2023 results: net income $2.8 million, EPS $0.49 per share.
  - Period: the second quarter of 2023
  - Net income: $2.8 million
  - EPS: $0.49 per share
  - Result: reported results
  source text: On August 3, 2023, Skyline Bankshares, Inc. (the “Company”) issued a press release reporting its financial results for the period ended June 30, 2023. A copy of the press release is being furnished as Exhibit 99.1 to this report
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657642/000143774923021931/0001437749-23-021931-index.htm
- Earnings Releases
  Skyline Bankshares, Inc. reported the six months ended June 30, 2023 results: net income $5.5 million, EPS $0.98 per share.
  - Period: the six months ended June 30, 2023
  - Net income: $5.5 million
  - EPS: $0.98 per share
  - Result: reported results
  source text: For the six months ended June 30, 2023, net income was $5.5 million, or $0.98 per share, compared to net income of $4.6 million, or $0.83 per share, for the six months ended June 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657642/000143774923021931/0001437749-23-021931-index.htm

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