{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-029751","form_type":"8-K","ticker":"SLBK","cik":"0001657642","company_name":"Skyline Bankshares, Inc.","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.965248+00:00","generated_at":"2026-06-09T02:47:24.735472+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Skyline Bankshares Q3 net income falls 25% YoY to $2.1M; NIM compresses to 3.66%","bullets":["Net income of $2.1M ($0.37/share) vs $2.8M ($0.50) in Q3 2022; 9-month net income $7.5M ($1.35) up slightly from $7.4M ($1.32).","Net interest margin fell to 3.66% from 3.82% in Q2 2023 and 3.70% in Q3 2022, pressured by higher deposit costs.","Net loans grew 7.95% YoY to $791.1M; core loans annualized +9% in quarter; total deposits declined $37.6M YoY to $908.1M.","CEO expects continued NIM pressure from deposit competition and rising operating costs; loan growth and relationship banking remain strategic focus."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-029751","json":"https://secwatch.observer/filing/0001437749-23-029751.json","markdown":"https://secwatch.observer/filing/0001437749-23-029751.md","text":"https://secwatch.observer/filing/0001437749-23-029751.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1657642/000143774923029751/0001437749-23-029751-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1657642/000143774923029751/pkkw20231101_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T02:47:24.735472+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":"9afa821c933369e583005376764a65355352a1cc","claim":"Skyline Bankshares, Inc. reported the nine months ended September 30, 2023 results: net income $7.5 million, EPS $1.35 per share.","evidence_excerpt":"For the nine months ended September 30, 2023, net income was $7.5 million, or $1.35 per share, compared to net income of $7.4 million, or $1.32 per share, for the nine months ended September 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657642/000143774923029751/0001437749-23-029751-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2023"},{"label":"Net income","value":"$7.5 million"},{"label":"EPS","value":"$1.35 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a5d91f5ca640d006902ff9e74a3d2aa1ce2d364e","claim":"Skyline Bankshares, Inc. reported third quarter of 2023 results: net income $2.1 million, EPS $0.37 per share.","evidence_excerpt":"On November 1, 2023, Skyline Bankshares, Inc. (the “Company”) issued a press release reporting its financial results for the period ended September 30, 2023. A copy of the press release is being furnished as Exhibit 99.1 to this report and is incorporated by reference into this Item 2.02.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1657642/000143774923029751/0001437749-23-029751-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of 2023"},{"label":"Net income","value":"$2.1 million"},{"label":"EPS","value":"$0.37 per 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"}