National Bankshares, Inc., a Virginia-based financial holding company, operates through its subsidiary The National Bank of Blacksburg, a community-oriented bank serving individuals, businesses, nonprofits, and local governments across southwest, western, and central Virginia. The bank generates revenue primarily from commercial and consumer lending, including small-business, agricultural, real estate, construction, mortgage, and consumer loans, along with deposit products, trust services, and ancillary banking services offered through physical branches, ATMs, and digital channels. Through its NBFS subsidiary, the company also provides insurance and investment products in partnership with third-party service providers, competing in its market through deep local knowledge and personal customer relationships in an economically diverse region anchored by major universities and regional employers.