---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-028373"
form_type: "8-K"
ticker: "SLBK"
cik: "0001657642"
company_name: "Skyline Bankshares, Inc."
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:27:06.791312+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Skyline Bankshares completes Johnson County Bank merger; JCB shareholders get $312.50 per share cash

## Summary
- Merger effective Sept 1, 2024; each JCB share converted to $312.50 cash.
- JCB to operate as Skyline division until systems conversion and rebranding in Nov 2024.
- Chris D. Reece, former JCB CEO, appointed to Skyline Board, increasing size to 14.
- Reece entered 1-year consulting agreement: $16.7k/month first 6 months, $8.3k/month thereafter.
- Blake Edwards (Skyline CEO) cites shared community focus; Raymond James advised Skyline.

## SEC filing metadata
- accession: 0001437749-24-028373
- form_type: 8-K
- ticker: SLBK
- cik: 0001657642
- company_name: Skyline Bankshares, Inc.
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657642/000143774924028373/0001437749-24-028373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657642/000143774924028373/pkkw20240903_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-028373
- JSON: https://secwatch.observer/filing/0001437749-24-028373.json
- Plain text: https://secwatch.observer/filing/0001437749-24-028373.txt

## Key facts
- Executive change
  Chris D. Reece was appointed as Director at Skyline Bankshares, Inc..
  - Action: appointed
  - Role: Director
  source text: the Board of Directors of the Company appointed Chris D. Reece to the Board of Directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657642/000143774924028373/0001437749-24-028373-index.htm

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