---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-003118"
form_type: "8-K"
ticker: "SLBK"
cik: "0001657642"
company_name: "Skyline Bankshares, Inc."
filed_at: "2024-02-05T23:59:59+00:00"
generated_at: "2026-06-06T09:12:02.043365+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Skyline Bankshares Q4 net income $2.2M; FY 2023 net income $9.7M, down 5.65% YoY

## Summary
- Net income: Q4 $2.2M ($0.39); FY 2023 $9.7M ($1.74) vs FY 2022 $10.3M ($1.84).
- Net interest margin 3.69% in Q4 2023, up from 3.66% in Q3 but down from 3.93% a year ago.
- Total loans $811M, up 8.33% YoY; total deposits $928.7M, up 0.91%; total assets $1.05B, up 4.82%.
- Dividend increased over 30% in 2023; company repurchased 46,712 shares during the year.
- Asset quality strong: nonperforming loans 0.21% of total loans; allowance for credit losses 0.82%.

## SEC filing metadata
- accession: 0001437749-24-003118
- form_type: 8-K
- ticker: SLBK
- cik: 0001657642
- company_name: Skyline Bankshares, Inc.
- filed_at: 2024-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657642/000143774924003118/0001437749-24-003118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657642/000143774924003118/pkkw20240205_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-003118
- JSON: https://secwatch.observer/filing/0001437749-24-003118.json
- Plain text: https://secwatch.observer/filing/0001437749-24-003118.txt

## Key facts
- Earnings Releases
  Skyline Bankshares, Inc. reported the fourth quarter of 2023 results: net income $2.2 million, EPS $0.39 per share.
  - Period: the fourth quarter of 2023
  - Net income: $2.2 million
  - EPS: $0.39 per share
  - Result: reported results
  source text: The Company recorded net income of $2.2 million, or $0.39 per share, for the quarter ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657642/000143774924003118/0001437749-24-003118-index.htm
- Earnings Releases
  Skyline Bankshares, Inc. reported the year ended December 31, 2023 results: net income $9.7 million, EPS $1.74 per share.
  - Period: the year ended December 31, 2023
  - Net income: $9.7 million
  - EPS: $1.74 per share
  - Result: reported results
  source text: For the year ended December 31, 2023, net income was $9.7 million, or $1.74 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657642/000143774924003118/0001437749-24-003118-index.htm

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