---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-013000"
form_type: "8-K"
ticker: "SLBK"
cik: "0001657642"
company_name: "Skyline Bankshares, Inc."
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:41:58.261269+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Skyline Bankshares Q1 net income $2.1M ($0.37/sh) down 22% YoY; NIM compresses; dividend raised 9%

## Summary
- Net income $2.1M vs $2.7M YoY; EPS $0.37 vs $0.49; ROAA 0.79% from 1.10%.
- NIM fell to 3.64% from 3.89% a year ago; total assets $1.05B (+0.41% QoQ).
- Net loans $819.9M (+1.1% QoQ); deposits $930.4M (+0.18% QoQ).
- Dividend increased over 9% during Q1; 20,000 shares repurchased.
- Acquisition of Johnson County Bank on track for H2 2024 close.

## SEC filing metadata
- accession: 0001437749-24-013000
- form_type: 8-K
- ticker: SLBK
- cik: 0001657642
- company_name: Skyline Bankshares, Inc.
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657642/000143774924013000/0001437749-24-013000-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657642/000143774924013000/pkkw20240424_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013000
- JSON: https://secwatch.observer/filing/0001437749-24-013000.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013000.txt

## Key facts
- Earnings Releases
  Skyline Bankshares, Inc. reported the first quarter of 2024 results: net income $2.1 million, EPS $0.37 per share.
  - Period: the first quarter of 2024
  - Net income: $2.1 million
  - EPS: $0.37 per share
  - Result: reported results
  source text: The Company recorded net income of $2.1 million, or $0.37 per share, for the quarter ended March 31, 2024, compared to net income of $2.7 million, or $0.49 per share, for the same period in 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657642/000143774924013000/0001437749-24-013000-index.htm

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