{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-013249","form_type":"8-K","ticker":"NKSH","cik":"0000796534","company_name":"NATIONAL BANKSHARES INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.995908+00:00","generated_at":"2026-06-03T08:52:32.961574+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 Q1 net income $2.17M ($0.37 EPS), down 52% YoY; Frontier Community Bank acquisition planned Q2","bullets":["Net income $2.17M ($0.37 EPS) down from $4.53M ($0.77) YoY and $4.19M ($0.71) QoQ.","Higher interest expense on deposit costs compressed net interest margin; interest income improving as loans reprice.","Plans to acquire Frontier Community Bank in Q2 2024; new Roanoke branch construction underway.","Credit quality remains low risk; allowance for credit losses ratio decreased due to improved economic forecast.","Noninterest expense includes acquisition preparation costs; Q1 2023 had $441K proxy contest expenses."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-013249","json":"https://secwatch.observer/filing/0001437749-24-013249.json","markdown":"https://secwatch.observer/filing/0001437749-24-013249.md","text":"https://secwatch.observer/filing/0001437749-24-013249.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/796534/000143774924013249/0001437749-24-013249-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/796534/000143774924013249/nksh20240424_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:52:32.961574+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":"bde4d0ec71548a7f03fa0756733bbfde57f6b7a8","claim":"NATIONAL BANKSHARES INC reported first quarter of 2024 results: net income $2.17 million, EPS $0.37.","evidence_excerpt":"The Company reported net income of $2.17 million, or basic and diluted earnings per common share of $0.37.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/796534/000143774924013249/0001437749-24-013249-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Net income","value":"$2.17 million"},{"label":"EPS","value":"$0.37"},{"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"}