secwatch.observer — SEC 8-K summary
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Issuer:     QNB CORP. (QNBC)
CIK:        0000750558
Form:       8-K
Filed at:   2026-09-08T13:42:34+00:00
Accession:  0001193125-26-384550
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QNB Corp sells $254.4M low-yield securities, expects $26.2M pre-tax loss in Q3 2026
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- Sold $254.4M AFS securities (46.8% of portfolio) with 1.59% yield; unwound $162M pay-fixed swaps.
- Expects net pre-tax loss of $26.2M in Q3 2026; proceeds reinvested at ~5.45% expected yield.
- Repositioning expected to be accretive to earnings, NIM, ROA; loss recoverable in under 4 years.
- No impact on shareholders' equity or book value per share; capital remains well-capitalized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750558/000119312526384550/0001193125-26-384550-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750558/000119312526384550/qnbc-20260908.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-384550

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