shares of American National Bankshares Inc (AMNB) on
American National Bankshares, Inc. (Virginia) is a one-bank holding company, which engages in the provision of financial products and services. The company is headquartered in Danville, Virginia and currently employs 305 full-time employees. American National Bank and Trust Company (the Bank) is the only banking subsidiary of the Company. The firm operates through two segments: community banking, and trust and investment services. The Community banking segment involves making loans to and generating deposits from individuals and businesses. All assets and liabilities of the Company are allocated to community banking. Investment income from securities is also allocated to the community banking segment. Loan fee income, service charges from deposit accounts and non-deposit fees, such as automated teller machine fees and insurance commissions generate additional income for community banking. Trust and investment services include estate planning, trust account administration, investment management and retail brokerage. The trust and investment services division receives fees for investment and administrative services.