secwatch.observer — SEC 8-K summary
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Issuer:     QNB CORP. (QNBC)
CIK:        0000750558
Form:       8-K
Filed at:   2026-04-07T23:59:59+00:00
Accession:  0001193125-26-144787
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 2.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QNB Corp. completes acquisition of Victory Bancorp; Victory Bank to integrate in June
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750558/000119312526144787/0001193125-26-144787-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750558/000119312526144787/qnbc-20260401.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-144787

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