secwatch.observer — SEC 8-K summary
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Issuer:     QNB CORP. (QNBC)
CIK:        0000750558
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0000950170-25-097496
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QNB Corp. Q2 net income $3.9M ($1.04 EPS) vs $2.5M prior; NPLs spike to $8.9M
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- Net income $3,883,000 ($1.04 diluted EPS) vs $2,465,000 ($0.67) in Q2 2024; ROAA 0.83%.
- Net interest margin improved to 2.69% from 2.46%; net interest income $12,652,000.
- Non-performing loans surged to $8,947,000 (0.73% of loans) from $1,975,000 (0.16%) due to one commercial customer.
- Provision for credit losses on loans reversed $145,000 vs $132,000 provision in Q2 2024.
- Total deposits $1.65B (+1.4%); loans $1.22B (+0.2%); subordinated debt issuance in 2024 impacted parent results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750558/000095017025097496/0000950170-25-097496-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750558/000095017025097496/qnbc-20250722.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-097496

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