{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-029107","form_type":"8-K","ticker":"NKSH","cik":"0000796534","company_name":"NATIONAL BANKSHARES INC","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.024040+00:00","generated_at":"2026-06-09T09:16:46.481384+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"National Bankshares Q3 net income $3.07M ($0.52 EPS) vs $6.16M ($1.03 EPS) a year ago","bullets":["Net income fell 50% YoY to $3.07M; basic EPS $0.52 vs $1.03 in Q3 2022.","Total assets $1.59 billion as of September 30, 2023.","Net interest margin compressed by higher deposit costs from Fed rate hikes.","Noninterest income dropped QoQ; Q2 gains from VISA stock sale ($2.97M) and BOLI payout ($1.04M) not repeated.","Dividend payout ratio 88.55% for first nine months; semiannual $0.73 and special $1.00 per share paid."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-029107","json":"https://secwatch.observer/filing/0001437749-23-029107.json","markdown":"https://secwatch.observer/filing/0001437749-23-029107.md","text":"https://secwatch.observer/filing/0001437749-23-029107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796534/000143774923029107/0001437749-23-029107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796534/000143774923029107/nksh20231024_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:16:46.481384+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":"37581b58eec8f1f0d2d8600615037bae49a8ac42","claim":"NATIONAL BANKSHARES INC reported the third quarter and nine months ended September 30, 2023 results: net income net income of $3.07 million, or basic earnings per common share of $0.52, for the third quarter and $11.51 million, or b, EPS basic earnings per common share of $0.52, for the third quarter and ... basic earnings per common share of $1.95, for th.","evidence_excerpt":"On October 26, 2023, National Bankshares, Inc. issued a press release reporting its financial results for the period ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/796534/000143774923029107/0001437749-23-029107-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter and nine months ended September 30, 2023"},{"label":"Net income","value":"net income of $3.07 million, or basic earnings per common share of $0.52, for the third quarter and $11.51 million, or b"},{"label":"EPS","value":"basic earnings per common share of $0.52, for the third quarter and ... basic earnings per common share of $1.95, for th"},{"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"}