{"schema_version":"secwatch.filing_event.v1","accession":"0000927089-23-000117","form_type":"8-K","ticker":"QNTO","cik":"0001391933","company_name":"QUAINT OAK BANCORP, INC.","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.767720+00:00","generated_at":"2026-06-12T21:53:17.420479+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Quaint Oak Q2 net income $570K, down 68% YoY; net interest margin falls to 2.66%","bullets":["Net income $570K ($0.25 EPS) vs $1.8M ($0.87) in Q2 2022, a 68% decline; H1 2023 net income $1.1M ($0.51) vs $4.0M ($1.99).","Net interest margin compressed to 2.66% from 3.54%; interest rate spread shrank from 3.37% to 1.83%.","Non-interest income down 21.3% as net gain on loan sales fell 62.5%; management cites scarcity of liquidity from Fed balance sheet contraction.","Non-performing assets only $73K (0.01% of assets); Texas Ratio at 0.13% as of June 30, 2023.","Issued $14M aggregate subordinated notes due 2025; deposits rose 4.4% to $573.4M; FHLB borrowings reduced 28.4% to $114.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0000927089-23-000117","json":"https://secwatch.observer/filing/0000927089-23-000117.json","markdown":"https://secwatch.observer/filing/0000927089-23-000117.md","text":"https://secwatch.observer/filing/0000927089-23-000117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1391933/000092708923000117/0000927089-23-000117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1391933/000092708923000117/qnto20230728_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T21:53:17.420479+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":"6397e2dfc3dafcbb1a098909b77e9a672818e01c","claim":"QUAINT OAK BANCORP, INC. reported six months ended June 30, 2023 results: net income $1.1 million, EPS $0.51 per basic and diluted share.","evidence_excerpt":"Net income for the six months ended June 30, 2023 was $1.1 million, or $0.51 per basic and diluted share, compared to $4.0 million, or $1.99 per basic and $1.88 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/1391933/000092708923000117/0000927089-23-000117-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"six months ended June 30, 2023"},{"label":"Net income","value":"$1.1 million"},{"label":"EPS","value":"$0.51 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"88f9d62c0b366fc74bda429bc612eb568a8fa23e","claim":"QUAINT OAK BANCORP, INC. reported quarter ended June 30, 2023 results: net income $570,000, EPS $0.25 per basic and diluted share.","evidence_excerpt":"On July 31, 2023, Quaint Oak Bancorp, Inc. (the “Company”) reported its results of operations for the second quarter ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1391933/000092708923000117/0000927089-23-000117-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Net income","value":"$570,000"},{"label":"EPS","value":"$0.25 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"88f9d62c0b366fc74bda429bc612eb568a8fa23e","claim":"QUAINT OAK BANCORP, INC. reported quarter ended June 30, 2023 results: net income $570,000, EPS $0.25 per basic and 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 June 30, 2023 was $570,000, or $0.25 per basic and diluted share, compared to $1.8 million, or $0.87 per basic and $0.82 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/1391933/000092708923000117/0000927089-23-000117-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended June 30, 2023"},{"label":"Net income","value":"$570,000"},{"label":"EPS","value":"$0.25 per basic and 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"}