National Bankshares, Inc. And Subsidiaries

(000’s), except ratios and percent data

 

Three months ending

 

September 30, 2007

 

September 30, 2006

 

Change

 

 

 

 

 

 

 

 

 

Selected Consolidated Data :

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

12,693

 

$

12,042

 

 

5.41

%

Interest expense

 

 

5,442

 

 

 4,691

 

 

16.01

%

Net interest income

 

 

7,251

 

 

 7,351

 

 

-1.36

%

Provision for loan losses

 

 

119

 

 

 16

 

 

643.75

%

Trust income

 

 

286

 

 

 314

 

 

-8.92

%

Other noninterest income

 

 

1,839

 

 

 1,918

 

 

-4.12

%

Salary and benefits

 

 

2,621

 

 

 2,866

 

 

-8.55

%

Occupancy expense

 

 

419

 

 

 474

 

 

-11.60

%

Amortization of intangibles

 

 

284

 

 

 284

 

 

0.00

%

Other noninterest expense

 

 

1,776

 

 

1,772

 

 

0.23

%

Income taxes

 

 

-961

 

 

-970

 

 

-0.93

%

Net income

 

$

3,196

 

$

3,201

 

 

-0.16

%

Basic net income per share

 

$

0.46

 

$

0.46

 

$

0.00

 

 

 

 

 

 

 

 

 

 

 

 

Daily averages:

 

 

 

 

 

 

 

 

 

 

Gross loans

 

$

510,811

 

$

495,539

 

 

3.08

%

Loans,net

 

 

504,725

 

 

489,243

 

 

3.16

%

Total securities

 

 

281,921