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National Bankshares NKSH Bank Owned Life Insurance

Bank Owned Life Insurance at other companies

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$74.07M+46.4%
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$68.17M+15.2%
Southern First Bancshares logo
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$56.22M+3.2%
Bar Harbor Bankshares logo
Bar Harbor BanksharesBHB
$89.82M+8.9%
F.N.B. Corporation logo
F.N.B. CorporationFNB
$671M+1.4%
Old National Bancorp logo
Old National BancorpONB
$1.05B+22.8%

Other financials

Income statement

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Revenue$15.3M+19.4%
Net income$5.0M+53.9%
EPS (diluted)$0.78+52.9%

Balance sheet

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Cash & equivalents$62.2M-49.3%
Total debt$1.9M+34.6%
Total equity$187.4M+12.0%
Total assets$1.8B-0.4%

Cash flow

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Operating cash flow$3.3M+28.6%
CapEx$229.0K-76.2%
Free cash flow$3.1M+91.6%

Valuation

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Market cap$231.36M+34.3%
Enterprise value$171.13M+111%
P/E13.2×-2.1×
P/S+0.5×

Profitability

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Net margin30.3%+12.1pp
FCF margin28.6%+19.7pp

Returns & leverage

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Return on equity9.9%+4.2pp
Debt / equity0.0×

Where this comes from

Reported directly by National Bankshares in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The official record: National Bankshares’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is National Bankshares's bank owned life insurance?
National Bankshares (NKSH) reported bank owned life insurance of $48.87M in Q1 2026.
How has National Bankshares's bank owned life insurance changed year-over-year?
National Bankshares's bank owned life insurance increased by 2.5% year-over-year, from $47.66M to $48.87M.
What is the long-term trend for National Bankshares's bank owned life insurance?
Over 5 years (2020 to 2025), National Bankshares's bank owned life insurance has grown at a 5.9% compound annual growth rate (CAGR), from $36.44M to $48.57M.
What does bank owned life insurance mean?
This represents the cash surrender value of life insurance policies held by the bank on the lives of its employees or executives. These policies are often used as a tax-advantaged investment vehicle to offset the costs of employee benefit plans. The growth and stability of this asset provide insight into the institution's long-term capital allocation and non-interest income strategies.