false 0000741516 0000741516 2023-11-21 2023-11-21
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): November 21, 2023
 
AMERICAN NATIONAL BANKSHARES INC.
(Exact name of registrant as specified in its charter)
 
Virginia
(State or other jurisdiction
of incorporation)
0-12820
(Commission
File Number)
54-1284688
(I.R.S. Employer
Identification No.)
 
628 Main Street, Danville, Virginia 24541
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code: (434) 792-5111
 
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $1.00 par value
AMNB
Nasdaq Global Select Market
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company     ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.                         ☐
 
 
 
 
Item 8.01     Other Events.
 
On November 21, 2023, American National Bankshares Inc. declared a quarterly cash dividend of $0.30 per share of common stock. The dividend is payable December 15, 2023, to shareholders of record December 1, 2023.
 
Item 9.01     Financial Statements and Exhibits.
 
(d)     Exhibits.
 
The following exhibit is filed herewith:
 
Exhibit No.
 
Description
99.1
  
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).
 
2
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
  American National Bankshares Inc.
  (Registrant)
   
   
Date: November 21, 2023 By: /s/ Jeffrey W. Farrar 
   
Jeffrey W. Farrar
Senior Executive Vice President,
Chief Financial Officer and Chief Operating Officer
 
 
3

Exhibit 99.1

 

 

Date:         

 November 21, 2023
   

Contact:

Jeffrey W. Farrar, Chief Operating and Chief Financial Officer
 

434-773-2274
 

farrarj@amnb.com
       

Traded:

Nasdaq Global Select Market

Symbol:

AMNB

 

AMERICAN NATIONAL BANKSHARES INC. ANNOUNCES QUARTERLY CASH DIVIDEND 

 

 

Danville, VA – American National Bankshares Inc. (NASDAQ: AMNB), parent company of American National Bank and Trust Company, announced its Board of Directors has declared a quarterly cash dividend of $0.30 per common share, payable December 15, 2023 to shareholders of record on December 1, 2023.

 

The dividend amount is the same as the prior quarter’s dividend, and based on the stock’s closing price of $43.08 on November 20, 2023, the dividend yield is approximately 2.8%.

 

 

About American National

American National is a multi-state bank holding company with total assets of approximately $3.1 billion. Headquartered in Danville, Virginia, American National is the parent company of American National Bank and Trust Company. American National Bank is a community bank serving Virginia and North Carolina with 26 banking offices. American National Bank also manages an additional $1.2 billion of trust, investment and brokerage assets in its Wealth Management Division. Additional information about American National and American National Bank is available on American National’s website at www.amnb.com.

 

 
v3.23.3
Document And Entity Information
Nov. 21, 2023
Document Information [Line Items]  
Entity, Registrant Name AMERICAN NATIONAL BANKSHARES INC.
Document, Type 8-K
Document, Period End Date Nov. 21, 2023
Entity, Incorporation, State or Country Code VA
Entity, File Number 0-12820
Entity, Tax Identification Number 54-1284688
Entity, Address, Address Line One 628 Main Street
Entity, Address, City or Town Danville
Entity, Address, State or Province VA
Entity, Address, Postal Zip Code 24541
City Area Code 434
Local Phone Number 792-5111
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol AMNB
Security Exchange Name NASDAQ
Entity, Emerging Growth Company false
Amendment Flag false
Entity, Central Index Key 0000741516
American National Banksh... (NASDAQ:AMNB)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more American National Banksh... Charts.
American National Banksh... (NASDAQ:AMNB)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more American National Banksh... Charts.