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Grayson Bankshares, Inc and Cardinal Bankshares Corporation
Have Merged To Create A Stronger Local Bank

On July 1, 2016, Grayson Bankshares, Inc. and Cardinal Bankshares Corporation completed our previously announced merger with and into Parkway Acquisition Corp., a new bank holding company formed for the purpose of effecting this combination. With the completion of the merger, the subsidiary banks of Grayson National Bank and Bank of Floyd are now combined into one national bank regulated by the Office of the Comptroller of the Currency. Our new bank has rebranded as Skyline National Bank and our systems merge was completed March 13, 2017.

Skyline National Bank has 16 full-service banking offices, assets of more than $550 million, deposits of over $500 million and shareholders’ equity of over $55 million. With over 200 years of combined history in our former banks, we believe Skyline National Bank will extend our long-shared mission of providing outstanding banking services in the communities where we do business.

The SEC Filings for Parkway Acquisition Corp, can be found here.

For the latest information from Skyline National Bank and Parkway Acquisition Corp., please click on any of the links here:

Financial Information
Q2 2017 earnings release
Q1 2017 earnings report
Q1 2017 earnings release

Q4 2016 earnings report
Q4 2016 earnings release
Q3 2016 earnings release