QNB Corp. reports record H1 net income of $8.9M; Q2 diluted EPS $1.09 vs $1.11 YoY

QNB CORP.

2021-Q2 EPS reported $2.51

Six-month net income $8.9M ($2.51 diluted EPS) vs $4.2M ($1.18) in H1 2020, a record performance.
Q2 net income $3.87M ($1.09 diluted EPS) vs $3.93M ($1.11) in Q2 2020, down 1.7%.
Total assets $1.58B, up 9.4% from Dec 2020; deposits grew 9.4% to $1.34B.
Net interest margin 2.74% in Q2 2021 vs 2.95% in Q2 2020; loan loss provision $183K vs $250K.
Non-performing loans improved to 1.36% of loans from 1.53% at Dec 31, 2020.

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