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National Bankshares NKSH Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$570K+64.7%
Greene County Bancorp logo
Greene County BancorpGCBC
$708K+13.3%
F.N.B. Corporation logo
F.N.B. CorporationFNB
$4M-20.0%
Old National Bancorp logo
Old National BancorpONB
$7.56M+40.5%
HBT
HBT Financial, Inc.HBT
$188K+14.6%
First Mid Bancshares, Inc. logo
First Mid Bancshares, Inc.FMBH
$1.34M-20.6%

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:BankOwnedLifeInsuranceIncome.

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 income?
National Bankshares (NKSH) reported bank owned life insurance income of $301K in Q1 2026.
How has National Bankshares's bank owned life insurance income changed year-over-year?
National Bankshares's bank owned life insurance income increased by 3.1% year-over-year, from $292K to $301K.
What is the long-term trend for National Bankshares's bank owned life insurance income?
Over 4 years (2021 to 2025), National Bankshares's bank owned life insurance income has grown at a 7.1% compound annual growth rate (CAGR), from $910K to $1.2M.
What does bank owned life insurance income mean?
Income generated from the cash surrender value growth or death benefits of life insurance policies purchased by the bank on its employees. This serves as a non-interest income stream that helps offset the costs of employee benefit programs.