BLACKSBURG, Va. (AP) — BLACKSBURG, Va. (AP) — National Bankshares Inc. (NKSH) on Thursday reported net income of $5 million in its first quarter.

The Blacksburg, Virginia-based bank said it had earnings of 78 cents per share.

The holding company for the National Bank of Blacksburg posted revenue of $21.6 million in the period. Its revenue net of interest expense was $15.3 million, surpassing Street forecasts.

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