QNB CORP. (QNBC): M&A transaction — QNB Corp. completes acquisition of Victory Bancorp; Victory Bank to integrate in June

QNB CORP.

Each Victory share exchanged for 0.55 QNB share; deal closed April 1, 2026.
Joseph W. Major and Kevin L. Johnson appointed to QNB Board; Major as Vice Chairman.
Major entered 24-month consulting/non-compete agreement for $665,865.
Victory Bank to operate as QNB division until systems conversion weekend of June 19-21, 2026.
Combined bank will have 14 full-service offices across three Pennsylvania counties.

item 2.01 item 5.02 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

QNB CORP.: Amended Sections 2.9, 4.1, 4.3 and 4.6 of the bylaws to provide for the role of Vice Chairman of the Board.

Change: bylaw amendment

Exact text from the filing

At the Effective Time, Sections 2.9, 4.1, 4.3 and 4.6 of the Company’s bylaws, as in effect immediately prior to the Effective Time, were amended to provide for the role of Vice Chairman of the Board.

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M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

QNB CORP. completed an acquisition involving The Victory Bancorp, Inc. for 0.5500 shares of common stock, $0.625 par value, of the Company (closed 2026-04-01).

Action: acquisition
Counterparty: The Victory Bancorp, Inc.
Consideration: 0.5500 shares of common stock, $0.625 par value, of the Company
Closing: 2026-04-01

Exact text from the filing

rights in accordance with applicable law (each as provided for in the Merger Agreement)), was automatically converted as a result of the Merger into the right to receive 0.5500 shares of common stock, $0.625 par value, of the Company (the “Company Common Stock”), with cash paid in lieu of fractional shares. Each outstanding share of the Company Common

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42 governance changes filed in the last 30 days. Browse all governance changes →

QNB CORP. filing history →

Source: SEC EDGAR

accession 0001193125-26-144787

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