secwatch.observer — SEC 8-K summary
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Issuer:     QUAINT OAK BANCORP, INC. (QNTO)
CIK:        0001391933
Form:       8-K/A
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0000927089-24-000159
Event type: earnings
Sentiment:  neutral
Materiality: 0.20
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quaint Oak Bancorp amends Q3 earnings to reclassify OCH gain to discontinued ops
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- Reclassification of OCH gain from continuing to discontinued ops for 9M ended Sep 30, 2024; no impact on net income or EPS.
- Corrected continuing ops: total non-interest income $4.1M (2024) vs $3.1M (2023); net income $0.81M vs $1.49M.
- Corrected discontinued ops: net income $0.41M vs loss ($0.61M); basic EPS $0.15 vs ($0.28).
- Basic EPS from continuing ops $0.32 (2024) vs $0.68 (2023); diluted $0.32 vs $0.66.
- No change to previously reported overall net income or earnings per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1391933/000092708924000159/0000927089-24-000159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1391933/000092708924000159/qnto20241113_8ka.htm
  HTML page:      https://secwatch.observer/filing/0000927089-24-000159

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer