American National Bankshares, Inc. operates as the holding company for American National Bank and Trust Company, which offers various retail and commercial banking services in Virginia and North Carolina. It accepts various deposits, including NOW, savings, money market, and time deposits. It offers residential real estate; commercial real estate, multifamily, farmland and construction, and land development loans, as well as commercial, industrial, and agricultural loans, and consumer loans. The bank, through its subsidiaries, offers secondary-market mortgage loans, and non-deposit investment products, including mutual funds, equity securities, and insurance products. It also offers trust and investment services, including estate planning, trust account administration, and investment management. The bank's investment portfolio consists of federal agencies, mortgage-backed, state and municipal, and equity securities; and corporate bonds. As of March, 31, 2005, the bank operated 14 offices and 18 automated teller machines. American National Bankshares was founded in 1909 and is based in Danville, Virginia.
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