{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-006421","form_type":"8-K","ticker":"QNBC","cik":"0000750558","company_name":"QNB CORP.","filed_at":"2024-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.861596+00:00","generated_at":"2026-06-06T20:20:15.207726+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"QNB Corp Q4 2023 EPS $0.31 vs $1.52; sells $26M securities, takes $1.8M loss","bullets":["Net income Q4 2023: $1.134M ($0.31 diluted EPS) vs $5.447M ($1.52) in Q4 2022, a 79% decline.","Full year 2023 net income $9.483M ($2.63 EPS) vs $15.921M ($4.47 EPS) in 2022.","Net interest margin fell to 2.36% from 2.72% YoY due to higher deposit and borrowing costs.","Sold $26M book value of low-yielding securities, realized $1.8M pre-tax loss; proceeds reinvested in higher-yield cash.","Non-performing loans improved to 0.52% of loans from 0.88% at year-end 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-006421","json":"https://secwatch.observer/filing/0000950170-24-006421.json","markdown":"https://secwatch.observer/filing/0000950170-24-006421.md","text":"https://secwatch.observer/filing/0000950170-24-006421.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/750558/000095017024006421/0000950170-24-006421-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/750558/000095017024006421/qnbc-20240123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T20:20:15.207726+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":"97fd46a47601788235d445d9a738ab5e719bdfe9","claim":"QNB CORP. reported the fourth quarter ended December 31, 2023 results: net income $1,134,000, or $0.31 per share on a diluted basis, EPS $0.31 per share on a diluted basis.","evidence_excerpt":"QNB Corp. (the \"Company\" or \"QNB\") (OTC Bulletin Board: QNBC), the parent company of QNB Bank (the \"Bank\"), reported net income for the fourth quarter of 2023 of $1,134,000, or $0.31 per share on a diluted basis.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/750558/000095017024006421/0000950170-24-006421-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Net income","value":"$1,134,000, or $0.31 per share on a diluted basis"},{"label":"EPS","value":"$0.31 per share on a diluted basis"},{"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"}