{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-102586","form_type":"8-K","ticker":"QNBC","cik":"0000750558","company_name":"QNB CORP.","filed_at":"2024-09-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.780939+00:00","generated_at":"2026-05-31T06:43:00.343231+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"QNB Corp. closes $40M subordinated note offering at 8.875%, oversubscribed 2x","bullets":["Issued $40M in 8.875% Fixed-to-Floating Rate Subordinated Notes due 2034; qualifies as Tier 2 capital.","Offering oversubscribed ~2x; proceeds for general corporate purposes and strategic opportunities.","Interest fixed at 8.875% through Aug 2029, then resets quarterly to 3-month SOFR + 545 bps.","Notes redeemable at company's option on or after Sept 1, 2029, subject to regulatory approval.","No shareholder dilution; management cites cost-effective capital to support future growth."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-102586","json":"https://secwatch.observer/filing/0000950170-24-102586.json","markdown":"https://secwatch.observer/filing/0000950170-24-102586.md","text":"https://secwatch.observer/filing/0000950170-24-102586.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/750558/000095017024102586/0000950170-24-102586-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/750558/000095017024102586/qnbc-20240830.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T06:43:00.343231+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}