American national bankshares reports fourth quarter and full year 2020 earnings

Danville, va., jan. 21, 2021 (globe newswire) -- american national bankshares inc. (nasdaq: amnb) (“american national” or the “company”) today reported fourth quarter 2020 earnings of $8.8 million, or $0.80 per diluted common share. those results compare to $7.4 million, or $0.67 per diluted common share, during the same quarter in the prior year, and net income of $7.2 million, or $0.66 per diluted common share, recognized for the third quarter of 2020. earnings for the twelve months ended december 31, 2020 were $30.0 million, or $2.73 per diluted common share, compared to $20.9 million, or $1.98 per diluted common share for the same period of 2019. earnings for the twelve months ended december 31, 2019 were impacted by $11.8 million in merger related expenses.
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