National Bankshares, Inc. (NKSH) financial statements (2022 and earlier)

Company profile

Business Address 101 HUBBARD STREET
BLACKSBURG, VA 24060
State of Incorp. VA
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments139 87566494
Cash and cash equivalents139 87566494
Total current assets:139 87566494
Noncurrent Assets
Operating lease, right-of-use asset  2
Property, plant and equipment10 9989
Long-term investments and receivables189 183190  
Long-term investments189 183190  
Intangible assets, net (including goodwill), including:6 12666
Goodwill6 6666
Intangible assets, net (excluding goodwill)  6666
Other undisclosed intangible assets, net (including goodwill)   (6)(6)(6)
Total noncurrent assets:205 2062041415
Other undisclosed assets1,359 1,0299951,1781,125
TOTAL ASSETS:1,702 1,3221,2561,2571,234
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,510 1,1381,0661,0721,056
Total liabilities:1,510 1,1381,0661,0721,056
Stockholders' equity
Stockholders' equity attributable to parent192 184190185178
Common stock8 8999
Accumulated other comprehensive loss(4) (9)(12)(10)(9)
Retained earnings188 184194186178
Total stockholders' equity:192 184190185178
TOTAL LIABILITIES AND EQUITY:1,702 1,3221,2561,2571,234

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues45 38364443
Net investment income45 38363635
Financial services revenue88
Cost of revenue  (0) (0)(2)
Provision for loan, lease, and other losses  (0) 
Financial services costs(0)(2)
Gross profit:45 38364441
Operating expenses(5) (5)(5)(18)(17)
Other operating income, net
(Noninterest Income, Other Operating Income)
1   11
Operating income:42 33322726
Nonoperating income
(Bank Owned Life Insurance Income)
1   11
Interest and debt expense(3) (7)(5)(4)(4)
Other undisclosed loss from continuing operations before equity method investments, income taxes  (5)(8)(3)(3)
Income from continuing operations before equity method investments, income taxes:40 21192019
Other undisclosed loss from continuing operations before income taxes(15)     
Income from continuing operations before income taxes:25 21192019
Income tax expense(4) (3)(3)(6)(4)
Net income available to common stockholders, diluted:20 17161415

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:20 17161415
Other comprehensive income (loss)(7) 4(2)1(1)
Comprehensive income, net of tax, attributable to parent:13 21141514

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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