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 January 1, 2015, the Company completed its acquisition of MainStreet BankShares, Inc. ("MainStreet") pursuant to the terms and conditions of the Agreement and Plan of Reorganization, dated as of August 24, 2014, between the Company and MainStreet. Immediately after the merger of MainStreet into the Company, Franklin Community Bank, N.A. ("Franklin Bank"), MainStreet's wholly-owned bank subsidiary, merged with and into the Bank.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20181.760.25021.36
12/20171.760.25021.76
09/20172.000.24020.60
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.18Total Liab/Total Assets0.89
Net Inc/Total Assets0.01Total Liab/Inv Cap0.90
Net Inc/Inv Cap0.01Total Liab/Comm Equity18.96
Pretax Inc/Net Sales0.34Interest Coverage Ratio18.42
Net Inc/Net Sales0.20Curr Debt/Equity0.17
Cash Flow/Net Sales0.33LTD/EquityNA
SG&A/NetSales0.55Total Debt/Equity0.17
Asset Utilization   Liquidity  
Net Receivables Turnover3.40Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E2.85  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 20.00 20.28 20.08 18.95
Cost of Goods Sold 1.83 1.71 1.53 1.35
Selling & Admin Exps 10.63 10.94 10.63 10.51
Operating Income NA NA NA NA
Interest Exp 0.30 0.40 0.41 0.34
Pretax Income 7.22 7.22 6.99 6.20
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 5.81 2.12 4.79 4.28

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 394.54 379.92 380.93 371.93
Receivables - Total 22.57 21.34 23.27 23.55
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 27.48 27.13 28.02 27.95
Total Assets 1,817.57 1,816.08 1,780.54 1,764.47
Liabilities        
Accounts Payable 10.17 10.08 9.09 8.53
Debt in Current Liabilities 10.47 34.73 43.24 48.28
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 1,607.73 1,607.36 1,570.33 1,557.42
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 8.62 8.60 8.60 8.60
Retained Earnings 131.30 127.01 126.51 123.80
Treasury Stock NA NA NA NA
Total Stockholders' Equity 209.84 208.72 210.21 207.05
Total Liabilities and Stockholders' Equity 1,817.57 1,816.08 1,780.54 1,764.47

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 5.93 7.98 5.14 2.57
Net Cash Provided by Investing Activities 20.07 -92.56 1.87 -56.60
Net Cash Provided by Financing Activities -1.82 33.84 10.29 45.17

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201363.7815.752.00
12/201458.6312.741.62
12/201568.4615.041.73
12/201669.6816.301.89
12/201777.2615.251.76
Growth Rates4.91-0.80-3.15

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18712,97034.19




Report Date : 7/16/2018

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