---
schema_version: "secwatch.filing_event.v1"
accession: "0000927089-23-000140"
form_type: "8-K"
ticker: "QNTO"
cik: "0001391933"
company_name: "QUAINT OAK BANCORP, INC."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:46:36.205231+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Quaint Oak Bancorp reports Q3 net loss of $255K on higher interest expense; net interest margin shrinks to 2.63%

## Summary
- Net loss $255K ($0.11 per share) vs net income $2.6M ($1.29 per share) in Q3 2022.
- Net interest margin fell to 2.63% from 3.75% as interest expense surged 158.6%.
- Non-interest income dropped 49.3% due to a 75.4% decline in gain on loan sales.
- Board declared $0.13 quarterly dividend payable Nov 6; insiders purchased $580K of stock.
- Non-performing assets remained minimal at 0.02% of total assets.

## SEC filing metadata
- accession: 0000927089-23-000140
- form_type: 8-K
- ticker: QNTO
- cik: 0001391933
- company_name: QUAINT OAK BANCORP, INC.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391933/000092708923000140/0000927089-23-000140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391933/000092708923000140/qnto20231031_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927089-23-000140
- JSON: https://secwatch.observer/filing/0000927089-23-000140.json
- Plain text: https://secwatch.observer/filing/0000927089-23-000140.txt

## Key facts
- Earnings Releases
  QUAINT OAK BANCORP, INC. reported third quarter ended September 30, 2023 results: net income net loss for the quarter ended September 30, 2023 of $255,000, or $0.11 per basic and diluted share.
  - Period: third quarter ended September 30, 2023
  - Net income: net loss for the quarter ended September 30, 2023 of $255,000, or $0.11 per basic and diluted share
  - Result: reported results
  source text: On November 2, 2023, Quaint Oak Bancorp, Inc. (the "Company") reported its results of operations for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1391933/000092708923000140/0000927089-23-000140-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.