Company Information

  

Address: 628 MAIN ST  
City: DANVILLE 
State: VA 
Zip Code: 24541 
Telephone: 434-792-5111 

Description of Business

Primary SIC Code: 6021
(As filed with the SEC)  

American National Bankshares Inc. is a one-bank holding company organized under the laws of the Commonwealth of Virginia in 1984. On September 1, 1984, the Company acquired all of the outstanding capital stock of American National Bank and Trust Company, a national banking association chartered in 1909 under the laws of the United States. American National Bank and Trust Company is the only banking subsidiary of the Company. On July 1, 2011, the Company completed its acquisition of MidCarolina Financial Corporation ("MidCarolina") pursuant to the terms and conditions of the Agreement and Plan of Reorganization, dated December 15, 2010, between the Company and MidCarolina. MidCarolina was headquartered in Burlington, North Carolina, and engaged in banking operations through its subsidiary bank, MidCarolina Bank. The transaction has expanded the Company's footprint in North Carolina, adding eight branches in Alamance and Guilford Counties.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20171.900.24019.45
03/20171.880.24019.81
12/20161.890.24018.41
09/20161.940.24014.41
06/20161.950.24012.91
03/20161.810.24013.99
12/20151.730.24014.80
09/20151.570.23014.94

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.19Total Liab/Total Assets0.88
Net Inc/Total Assets0.01Total Liab/Inv Cap0.91
Net Inc/Inv Cap0.01Total Liab/Comm Equity17.66
Pretax Inc/Net Sales0.33Interest Coverage Ratio20.22
Net Inc/Net Sales0.23Curr Debt/Equity0.29
Cash Flow/Net Sales0.23LTD/EquityNA
SG&A/NetSales0.56Total Debt/Equity0.29
Asset Utilization   Liquidity  
Net Receivables Turnover3.12Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E2.60  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 18.95 17.95 17.89 17.18
Cost of Goods Sold 1.35 1.20 1.20 1.29
Selling & Admin Exps 10.51 10.28 10.19 9.65
Operating Income NA NA NA NA
Interest Exp 0.34 0.35 0.32 0.31
Pretax Income 6.20 5.66 5.96 5.62
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 4.28 4.06 4.12 3.96

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 371.93 392.85 405.93 430.26
Receivables - Total 23.55 23.22 24.17 22.30
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 27.95 27.32 26.77 23.99
Total Assets 1,764.47 1,715.81 1,678.64 1,615.53
Liabilities        
Accounts Payable 8.53 9.95 9.75 9.05
Debt in Current Liabilities 48.28 47.78 59.17 59.09
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 1,557.42 1,511.56 1,477.26 1,411.82
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 8.60 8.59 8.58 8.57
Retained Earnings 123.80 121.59 119.60 117.54
Treasury Stock NA NA NA NA
Total Stockholders' Equity 207.05 204.24 201.38 203.71
Total Liabilities and Stockholders' Equity 1,764.47 1,715.81 1,678.64 1,615.53

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 2.57 10.07 4.99 4.76
Net Cash Provided by Investing Activities -56.60 -0.56 -87.29 -16.47
Net Cash Provided by Financing Activities 45.17 32.07 62.68 11.19

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201269.2216.012.04
12/201363.7815.752.00
12/201458.6312.741.62
12/201568.4615.041.73
12/201669.6816.301.89
Growth Rates0.170.46-1.89

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17682,97834.46




Report Date : 10/16/2017

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