secwatch.observer — SEC 8-K summary
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Issuer:     QNB CORP. (QNBC)
CIK:        0000750558
Form:       8-K
Filed at:   2021-07-27T23:59:59+00:00
Accession:  0001564590-21-038272
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750558/000156459021038272/0001564590-21-038272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750558/000156459021038272/qnbc-8k_20210727.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-038272

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