National Bankshares (National Bankshares) Allowance For Loans And Lease Losses : $-9.09 Mil (As of Dec. 2023)

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What is National Bankshares Allowance For Loans And Lease Losses?

National Bankshares's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-9.09 Mil.

National Bankshares's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-10.63 Mil) to Sep. 2023 ($-10.18 Mil) and increased from Sep. 2023 ($-10.18 Mil) to Dec. 2023 ($-9.09 Mil).

National Bankshares's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-7.67 Mil) to Dec. 2022 ($-8.23 Mil) and declined from Dec. 2022 ($-8.23 Mil) to Dec. 2023 ($-9.09 Mil).

National Bankshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for National Bankshares's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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National Bankshares Allowance For Loans And Lease Losses Chart

National Bankshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-6.86

-8.48

-7.67

-8.23

-9.09

National Bankshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-8.23	-10.65	-10.63	-10.18	-9.09

National Bankshares Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

National Bankshares Allowance For Loans And Lease Losses Related Terms

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National Bankshares (National Bankshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bankshares Inc (NAS:NKSH) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Hubbard Street, Blacksburg, VA, USA, 24062-9002

Website

http://www.nationalbankshares.com

National Bankshares Inc is a bank holding company of National Bank of Blacksburg, offering a range of financial products and services, including deposit accounts, commercial, consumer, and mortgage loans, credit cards, and trust services. The bank focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc. The company earns its revenues from interest and fees on loans, non-interest income, and investments.

Executives

Lawrence J Ball	director	1811 MOUNTAINSIDE DRIVE, BLACKSBURG VA 24060
F Brad Denardo	officer: Corporate Officer	124 MATEER CIRCLE, BLACKSBURG VA 24060
Michael E Dye	director	PO BOX 346, BLUEFIELD VA 24605
Fitzwater Norman V Iii	director	113 MATEER CIRCLE, BLACKSBURG VA 24060
Sanders Bobby D. Ii	officer: SVP/Chief Credit Officer	1735 TURNBERRY LANE, RINER VA 24149
John Elliott Dooley	director	2131 PLANK DRIVE, BLACKSBURG VA 24060
Green Charles E Iii	director	15519 LOOKOUT RIDGE, BRISTOL VA 24202
Lara E Ramsey	other: Corporate Secretary	7479 BLUFF VIEW DRIVE, RADFORD VA 24141
Mary G Miller	director	715 RICHARDS WAY, WIRTZ VA 24184
Mildred R Johnson	director	914 WILLARD DRIVE, BLACKSBURG VA 24060
Lora M. Jones	officer: SVP/Chief Financial Officer	301 NEIL STREET, BLACKSBURG VA 24060
Glenn P Reynolds	director	206 MATEER CIRCLE, BLACKSBURG VA 24060
Rebecca M Melton	officer: SVP/Chief Credit Officer	260 REVOLUTION CIRCLE, CHRISTIANSBURG VA 24073
Jack M Lewis	director	3696 CONSERVATION TRAIL, THE VILLAGES FL 32163
James Carroll Thompson	director	PO BOX 298, TAZEWLL VA 24651