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Skyline Bankshares acquires Johnson County Bank

PUBLIC · SLBKJul 28, 2025

Acquiring Company

Skyline Bankshares

Acquired Company

Johnson County Bank

VirginiaTexasFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

Skyline Bankshares, Inc. completed the acquisition of Johnson County Bank on September 1, 2024. This acquisition significantly boosted Skyline's financial performance, adding $154.1 million in assets and $87.2 million in loans. The integration of JCB has been finalized, leading to growth in loans and deposits for Skyline Bankshares. Management is optimistic about continued growth and expansion through similar acquisitions.

Quick answer

Skyline Bankshares is acquiring Johnson County Bank, announced July 28, 2025. Skyline Bankshares is based in Virginia, United States.

How much did Skyline Bankshares pay for Johnson County Bank?
The deal value was not disclosed.
What does Skyline Bankshares do?
Skyline Bankshares, Inc. is the holding company for Skyline National Bank.
Where are Skyline Bankshares and Johnson County Bank based?
Skyline Bankshares is based in Virginia, United States. Johnson County Bank is based in Texas, United States.

Source: Fundz verified event record.

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Company Information

Company

Skyline Bankshares

Location

Virginia, United States

About

Skyline Bankshares, Inc. is the holding company for Skyline National Bank. It focuses on providing financial services and products to its customers. The company aims to enhance shareholder value through strategic growth initiatives. Skyline Bankshares has a commitment to community engagement and economic growth.

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Frequently asked

Who acquired Johnson County Bank?

Johnson County Bank was acquired by Skyline Bankshares, based in Virginia. The deal was reported on July 28, 2025. Skyline Bankshares, Inc. is the holding company for Skyline National Bank. It focuses on providing financial services and products to its customers. Skyline Bankshares is publicly traded (SLBK) and operates in Financial Services.

When did Skyline Bankshares acquire Johnson County Bank?

Skyline Bankshares's acquisition of Johnson County Bank was reported on July 28, 2025. Skyline Bankshares, Inc. completed the acquisition of Johnson County Bank on September 1, 2024. This acquisition significantly boosted Skyline's financial performance, adding $154.1 million in assets and $87.2 million in loans. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Johnson County Bank do?

Johnson County Bank is a financial institution providing a range of banking services. It focuses on serving the needs of customers in Johnson County and surrounding areas. It is privately held, operating in Financial Services, and is based in Texas.

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