---
schema_version: "secwatch.filing_event.v1"
accession: "0000927089-24-000024"
form_type: "8-K"
ticker: "QNTO"
cik: "0001391933"
company_name: "QUAINT OAK BANCORP, INC."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T10:51:54.530431+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Quaint Oak Bancorp Q4 net income $1.1M; full-year 2023 net income drops 74.3% to $2.0M

## Summary
- Q4 2023 net income $1.1M ($0.49/sh) vs $1.2M ($0.58/sh) in Q4 2022.
- Full-year 2023 net income $2.0M ($0.90/sh) vs $7.9M ($3.85/sh) in 2022; decrease of 74.3%.
- Net interest margin narrowed to 2.39% for 2023 from 3.56% in 2022 due to higher deposit costs.
- Cash and cash equivalents increased $58.2M; FHLB borrowings reduced by $130.2M; deposits up $82.5M.
- Board declared $0.13/sh dividend payable Feb 5, 2024; nonperforming loans at 0.07% of loans.

## SEC filing metadata
- accession: 0000927089-24-000024
- form_type: 8-K
- ticker: QNTO
- cik: 0001391933
- company_name: QUAINT OAK BANCORP, INC.
- filed_at: 2024-02-01T23:59:59+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/1391933/000092708924000024/0000927089-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391933/000092708924000024/qnto20240131_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927089-24-000024
- JSON: https://secwatch.observer/filing/0000927089-24-000024.json
- Plain text: https://secwatch.observer/filing/0000927089-24-000024.txt

## Key facts
- Earnings Releases
  QUAINT OAK BANCORP, INC. reported the year ended December 31, 2023 results: net income $2.0 million, EPS $0.90 per basic and $0.89 per diluted share.
  - Period: the year ended December 31, 2023
  - Net income: $2.0 million
  - EPS: $0.90 per basic and $0.89 per diluted share
  - Result: reported results
  source text: Net income for the year ended December 31, 2023 was $2.0 million, or $0.90 per basic and $0.89 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1391933/000092708924000024/0000927089-24-000024-index.htm
- Earnings Releases
  QUAINT OAK BANCORP, INC. reported the quarter ended December 31, 2023 results: net income $1.1 million, EPS $0.49 per basic and diluted share.
  - Period: the quarter ended December 31, 2023
  - Net income: $1.1 million
  - EPS: $0.49 per basic and diluted share
  - Result: reported results
  source text: Quaint Oak Bancorp, Inc. (the “Company”) (OTCQB: QNTO), the holding company for Quaint Oak Bank (the “Bank”), announced today net income for the quarter ended December 31, 2023 of $1.1 million, or $0.49 per basic and diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1391933/000092708924000024/0000927089-24-000024-index.htm

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