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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): May 20, 2025
 
 
SKYLINE BANKSHARES, INC.
(Exact name of registrant as specified in its charter)
 
Virginia
(State or other jurisdiction
of incorporation)
333-209052
(Commission File Number)
47-5486027
(I.R.S. Employer
Identification No.)
 
101 Jacksonville Circle
Floyd, Virginia
(Address of principal executive offices)
24091
(Zip Code)
 
Registrant’s telephone number, including area code: (540) 745-4191
 
Not Applicable
(Former name or former address, if changed since last report)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
None
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
 
Emerging growth company  ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
 
 
 
 
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On May 20, 2025, the Board of Directors of Skyline Bankshares, Inc. (the “Company”) appointed Israel D. O’Quinn to serve as a member of the Asset and Liability Management Committee (“ALCO”) and the Directors Loan Committee – Virginia of the Company’s wholly-owned subsidiary, Skyline National Bank. As previously reported, on February 18, 2025, the Board of Directors of Company appointed Israel O’Quinn as a director of the Company and Skyline National Bank.
 
Item 5.07
Submission of Matters to a Vote of Security Holders.
 
The Company held its annual meeting of shareholders on May 20, 2025 (the “Annual Meeting”). At the Annual Meeting, the shareholders of the Company (i) elected fifteen directors to serve for one-year terms and (ii) ratified the appointment of Elliott Davis, PLLC as the Company’s independent registered public accounting firm for the year ending December 31, 2025.  The voting results for each proposal are as follows:
 
 
1.
To elect fifteen directors to serve for terms of one year each expiring at the 2026 Annual Meeting of Shareholders:
 
   
For
  
Withhold
  
Broker Non-Votes
             
Thomas M. Jackson, Jr.
  
3,027,506
  
54,622
  
891,988
W. David McNeill
  
3,051,930
  
30,198
  
891,988
Jacky K. Anderson
  
2,905,020
  
177,108
  
891,988
Dr. J. Howard Conduff, Jr.
  
2,848,975
  
233,153
  
891,988
Blake M. Edwards, Jr.
  
3,006,102
  
76,026
  
891,988
Bryan L. Edwards
  
3,015,000
  
67,128
  
891,988
T. Mauyer Gallimore
  
2,929,609
  
152,519
  
891,988
A. Melissa Gentry
  
2,971,780
  
110,348
  
891,988
R. Devereux Jarratt
  
2,991,531
  
90,597
  
891,988
Theresa S. Lazo
  
2,963,361
  
118,767
  
891,988
Israel D. O’Quinn
  
3,027,963
  
54,165
  
891,988
Christopher D. Reece
  
2,984,545
  
97,583
  
891,988
Frank A. Stewart
  
3,058,627
  
23,501
  
891,988
John Michael Turman
  
3,014,720
  
67,408
  
891,988
J. David Vaughan
  
3,056,542
  
25,586
  
891,988
 
 
2.
To ratify the appointment of Elliott Davis, PLLC as the Company’s independent registered public accounting firm for the year ending December 31, 2025:
 
For
  
Against
  
Abstain
         
3,954,604
  
1,479
  
18,033
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
SKYLINE BANKSHARES, INC.
(Registrant)
Date: May 22, 2025
By:
/s/ Blake M. Edwards
Blake M. Edwards
President and Chief Executive Officer