Skyline Bankshares Files 2024 10-K

Ticker: SLBK · Form: 10-K · Filed: Mar 26, 2025 · CIK: 1657642

Skyline Bankshares, Inc. 10-K Filing Summary
FieldDetail
CompanySkyline Bankshares, Inc. (SLBK)
Form Type10-K
Filed DateMar 26, 2025
Risk Levelmedium
Sentimentneutral

Sentiment: neutral

Topics: 10-K, financials, banking

TL;DR

Skyline Bankshares dropped its 2024 10-K. Check financials for 12/31/24.

AI Summary

Skyline Bankshares, Inc. filed its 2024 10-K on March 26, 2025, reporting its financial performance for the fiscal year ending December 31, 2024. The company, formerly Parkway Acquisition Corp., is a commercial bank based in Floyd, Virginia. Key financial data for the periods ending December 31, 2022, 2023, and 2024, are presented, including figures for interest receivable and other assets/liabilities.

Why It Matters

This filing provides investors and analysts with a comprehensive overview of Skyline Bankshares' financial health and operational performance for the fiscal year 2024, crucial for investment decisions.

Risk Assessment

Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags or significant positive news.

Key Numbers

  • 4,235 — Other Assets (Total other assets as of December 31, 2024.)
  • 1,790 — Other Assets (Total other assets as of December 31, 2023.)
  • 20 — Other Assets (Total other assets as of December 31, 2022.)
  • 823 — Other Liabilities (Total other liabilities as of December 31, 2024.)
  • 196 — Other Liabilities (Total other liabilities as of December 31, 2023.)

Key Players & Entities

  • Skyline Bankshares, Inc. (company) — Filer of the 10-K
  • Parkway Acquisition Corp. (company) — Former name of Skyline Bankshares, Inc.
  • 2024-12-31 (date) — Fiscal year end date
  • 20250326 (date) — Filing date
  • Floyd, Virginia (location) — Location of Skyline Bankshares, Inc.

FAQ

What was the total interest receivable for Skyline Bankshares, Inc. as of December 31, 2024?

The filing indicates that interest receivable was 0 for the period ending December 31, 2024.

When did Parkway Acquisition Corp. change its name to Skyline Bankshares, Inc.?

The date of the name change from Parkway Acquisition Corp. to Skyline Bankshares, Inc. was November 4, 2015.

What is the Standard Industrial Classification (SIC) code for Skyline Bankshares, Inc.?

The SIC code for Skyline Bankshares, Inc. is 6022, which corresponds to STATE COMMERCIAL BANKS.

What is the filing date of this 10-K report?

This 10-K report was filed on March 26, 2025.

What was the total of 'Other Assets' reported for the fiscal year ending December 31, 2023?

The total for 'Other Assets' for the fiscal year ending December 31, 2023, was $1,790.

Filing Details

This Form 10-K (Form 10-K) was filed with the SEC on March 26, 2025 regarding Skyline Bankshares, Inc. (SLBK).

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View this 10-K filing on SEC EDGAR

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