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Home > Company Index > Banking > Banking - Mid-Atlantic > National Bankshares, Inc.

National Bankshares, Inc.
Nasdaq (SC): NKSH
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 PROFILE
National Bankshares is the holding company for southwestern Virginia's National Bank of Blacksburg and Bank of Tazewell County. The National Bank of Blacksburg has about a dozen offices in Carroll, Giles, Pulaski, Grayson, and Montgomery counties; the Bank of Tazewell County also has about a dozen offices serving Virginia and West Virginia, primarily in the cities of Tazewell and Bluefield. The banks' retail and commercial banking services include deposit accounts, letters of credit, and CDs. Commercial and industrial loans account for about 45% of the banks' loan portfolio, followed by consumer loans (30%) and residential mortgage loans. The banks also offer personal and corporate trust services.

 COMPETITION
Bank of America Corporation (BAC)
First Virginia Banks, Inc. (FVB)
Wachovia Corporation (WB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 42.40
1-Yr. Sales Growth: 14.3%
Employees: 219
Revenue per employee: $193,607.31

 KEY PEOPLE
• James G. Rakes
    CEO
• J. Robert Buchanan
    CFO

 CONTACT INFO
101 Hubbard St.
Blacksburg, VA 24060
US
Phone: 540-951-6300
Fax: 540-951-6324
Online: Web Site

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