Parkway Acquisition Corp (PKKW) financial statements (2021 and earlier)

Company profile

Business Address 101 JACKSONVILLE CIRCLE
FLOYD, VA 24091
State of Incorp. VA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9544402336
Cash and cash equivalents9544402336
Total current assets:9544402336
Noncurrent Assets
Operating lease, right-of-use asset11
Property, plant and equipment2723211818
Intangible assets, net (including goodwill), including:66422
Goodwill333  
Intangible assets, net (excluding goodwill)23   
Other undisclosed intangible assets, net (including goodwill)  122
Deferred income tax assets11
Total noncurrent assets:3431252020
Other undisclosed assets727630616505503
TOTAL ASSETS:855706680548559
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities770625605491503
Total liabilities:770625605491503
Stockholders' equity
Stockholders' equity attributable to parent8581765755
Additional paid in capital4041422626
Accumulated other comprehensive loss(1)(1)(2)(2)(1)
Retained earnings4642363331
Total stockholders' equity:8581765755
TOTAL LIABILITIES AND EQUITY:855706680548559

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues3231262520
Net investment income3231262218
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(1)(1)   
Gross profit:3130262520
Operating expenses(4)(4)(5)(14)(11)
Other operating income, net
(Noninterest Income, Other Operating Income)
0 000
Operating income:272621129
Nonoperating income0 012
Investment income, nonoperating   01
Bank owned life insurance income0 000
Interest and debt expense(3)(3)(2)(1)(2)
Income from continuing operations before equity method investments, income taxes:242320119
Other undisclosed loss from continuing operations before income taxes(17)(14)(14)(6)(5)
Income from continuing operations before income taxes:79664
Income tax expense(1)(2)(1)(3)(1)
Net income available to common stockholders, diluted:67522

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:67522
Other comprehensive income (loss)(0)0(0)(0)(0)
Comprehensive income:67422
Other undisclosed comprehensive income (loss), net of tax, attributable to parent11(0)0(0)
Comprehensive income, net of tax, attributable to parent:68432

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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