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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000796534-05-000022.txt : 20051109
<SEC-HEADER>0000796534-05-000022.hdr.sgml : 20051109
<ACCEPTANCE-DATETIME>20051109163856
ACCESSION NUMBER:		0000796534-05-000022
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20051109
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20051109
DATE AS OF CHANGE:		20051109

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATIONAL BANKSHARES INC
		CENTRAL INDEX KEY:			0000796534
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				541375874
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15204
		FILM NUMBER:		051190524

	BUSINESS ADDRESS:	
		STREET 1:		PO BOX 90002
		CITY:			BLACKSBURG
		STATE:			VA
		ZIP:			24062-9002
		BUSINESS PHONE:		5405522011

	MAIL ADDRESS:	
		STREET 1:		100 SOUTH MAIN STREET
		STREET 2:		PO BOX 90002
		CITY:			BLACKSBURG
		STATE:			VA
		ZIP:			24062-9002
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.txt
<DESCRIPTION>FORM 8-K
<TEXT>
                                  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:  November 9, 2005               Commission File Number: 0-15204

                            National Bankshares, Inc.
- --------------------------------------------------------------------------------
             (Exact name of Registrant as specified in its charter)


           Virginia                                   54-1375874
- --------------------------------          ------------------------------------
(State or other jurisdiction of           (I.R.S. Employer Identification No.)
 incorporation or organization)


        101 Hubbard Street
        Blacksburg, VA 24060
- ----------------------------------------
(Address of principal executive offices)

Registrant's telephone number, including area code (540) 951-6300
                                                   --------------







                                Page 1 of 2 Pages
<PAGE>



ITEM 7.01  REGULATION FD DISCLOSURE

The following information and exhibit is being furnished pursuant to Regulation
FD

National Bankshares, Inc, issued a press release on November 9, 2005, announcing
that its Board of Directors has declared a semi-annual dividend payable on
December 1, 2005 to stockholders of record as of November 18, 2005.

Item 9.01  FINANCIAL STATEMENTS AND EXHIBITS

(a)     Exhibits

99.1    National Bankshares, Inc. press release dated November 9, 2005.


                                    SIGNATURE

        Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                    NATIONAL BANKSHARES, INC.



Date:  November 9, 2005          By:     /s/ JAMES G. RAKES
                                      -------------------------------
                                         James G. Rakes
                                         Chairman
                                         President and Chief Executive Officer






                                Page 2 of 2 Pages

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>pressrelease.txt
<DESCRIPTION>DIVIDEND ANNOUNCEMENT NOVEMBER 9, 2005
<TEXT>
FOR IMMEDIATE RELEASE

CONTACTS:             James G. Rakes, President & CEO  (540) 951-6236
                      J. Robert Buchanan, Treasurer    (276) 979-0341


                       NATIONAL BANKSHARES, INC. ANNOUNCES
                              SEMI-ANNUAL DIVIDEND


BLACKSBURG, VA, November 9, 2005: NATIONAL BANKSHARES, INC. (Nasdaq Stock
Market: NKSH) announced that its Board of Directors today approved payment on
December 1, 2005 of a semi-annual dividend of $0.72 per share to stockholders of
record as of November 18, 2005. Total 2005 Company dividends of $1.42 per share
will be nearly 11% higher than the $1.28 per share paid in 2004.

National Bankshares Chairman, President and CEO said, "We are pleased to
continue to share our success with our loyal stockholders. We appreciate their
continued support."

National Bankshares, Inc. is a financial holding company headquartered in
Blacksburg, Virginia. It has two bank subsidiaries, The National Bank and Bank
of Tazewell County, with a total of 26 office locations throughout Southwest
Virginia. The Company also operates a non-bank subsidiary, National Bankshares
Financial Services, Inc. Its stock trades on the Nasdaq Stock Market under the
symbol "NKSH". Additional information is available on the Company web site at
www.nationalbankshares.com.

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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