Item 2.02 Results of Operations and Financial Condition.

On February 16, 2023, Skyline Bankshares, Inc. (the "Company") issued a press release reporting its financial results for the period ended December 31, 2022. A copy of the press release is being furnished as Exhibit 99.1 to this report and is incorporated by reference into this Item 2.02.

Item 8.01 Other Events.

In January 2023, the Company's Board of Directors has approved an extension of the stock repurchase plan through January 2025, which authorizes the Company to buy back up to 350,000 shares of Common Stock. To date 258,675 shares of Common Stock have been repurchased under the plan, leaving 91,325 shares of Common Stock that may be repurchased from time to time until January 2025.

The Company intends to purchase shares periodically through privately negotiated transactions or in the open market in accordance with Securities and Exchange Commission rules. The actual timing, number and value of shares repurchased under the program will be determined by management in its discretion and will depend on a number of factors, including the market price of the shares, general market and economic conditions, applicable legal requirements and other conditions.




Item 9.01      Financial Statements and Exhibits.

(d) Exhibits.

  Exhibit No. Description



  99.1   Press Release dated February 16, 2023 announcing financial results for
       the period ending December 31, 2022



  104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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