Skyline Bankshares Q2 net income rises to $3.8M from $1.8M YoY; NIM expands to 4.27%

Skyline Bankshares, Inc.

Net income $3.8M ($0.68 EPS) vs $1.8M ($0.33) in Q2 2024; six-month net income $7.4M ($1.32 EPS).
Net interest margin 4.27% vs 3.72% year-ago; ROAA 1.21%, ROAE 16.01% (annualized).
Total assets $1.28B (+20.5% YoY); loans $1.03B (+23.3% YoY); deposits $1.14B (+20.2% YoY).
Book value per share $17.31 vs $15.69 at YE 2024.
Integration of Johnson County Bank (acquired Sep 2024) completed; merger-related expenses $357K in prior year.

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