TCNB – Town Center Bank


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Parkway Acquisition Corp. (Parkway) is a bank holding company. The Company’s subsidiary includes Skyline National Bank (the Bank). The Bank serves the Virginia counties of Grayson, Floyd, Carroll, Wythe, Montgomery and Roanoke, and the North Carolina counties of Alleghany, Ashe, Burke, Caldwell, Catawba, Cleveland, Davie, Watauga, Wilkes, and Yadkin, and the surrounding areas, through 25 full-servicing banking offices. The Bank’s lending services include real estate, commercial, agricultural, and consumer loans. The Bank invests a portion of its assets in United States Treasury, United States Government agency, and United States Government Sponsored Enterprise securities, state, county and local obligations, corporate and equity securities. The Bank’s deposit accounts include regular savings, demand, negotiable order of withdrawal (NOW), individual retirement accounts and certificates of deposit.

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