{"schema_version":"secwatch.filing_event.v1","accession":"0000927089-23-000064","form_type":"8-K","ticker":"QNTO","cik":"0001391933","company_name":"QUAINT OAK BANCORP, INC.","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.677052+00:00","generated_at":"2026-06-16T04:46:44.606550+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quaint Oak Bancorp Q1 net income plunges 75% to $563K on margin compression and lower fee income","bullets":["Net income of $563K ($0.26 basic EPS) vs $2.2M ($1.12) a year ago, down 75% YoY.","Net interest margin narrowed to 2.72% from 4.15% as average money market rates rose 321 bps.","Non-interest income fell $2.1M (38.6%) led by 79% drop in net gain on loan sales.","Deposits grew $5.2M to $554.4M; non-interest-bearing deposits increased $6.5M.","Asset quality improved: NPLs/loans 0.25%, NPAs/assets 0.19%, Texas ratio 2.73%; capital up $13.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0000927089-23-000064","json":"https://secwatch.observer/filing/0000927089-23-000064.json","markdown":"https://secwatch.observer/filing/0000927089-23-000064.md","text":"https://secwatch.observer/filing/0000927089-23-000064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1391933/000092708923000064/0000927089-23-000064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1391933/000092708923000064/qnto20230428_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:46:44.606550+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0c743acbc160090c042fe5c345bab491e16d067b","claim":"QUAINT OAK BANCORP, INC. reported quarter ended March 31, 2023 results: net income $563,000, EPS $0.26 per basic and $0.25 per diluted share.","evidence_excerpt":"Quaint Oak Bancorp, Inc. (the \"Company\") (OTCQB: QNTO), the holding company for Quaint Oak Bank (the \"Bank\"), announced today that net income for the quarter ended March 31, 2023 was $563,000, or $0.26 per basic and $0.25 per diluted share, compared to $2.2 million, or $1.12 per basic and $1.05 per diluted share for the same period in 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391933/000092708923000064/0000927089-23-000064-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2023"},{"label":"Net income","value":"$563,000"},{"label":"EPS","value":"$0.26 per basic and $0.25 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}