secwatch.observer — SEC 8-K summary
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Issuer:     QNB CORP. (QNBC)
CIK:        0000750558
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0001564590-21-051941
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QNB Corp Q3 EPS $0.96 vs $1.07 YoY; nine-month net income rises to record $12.34M
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- Q3 2021 net income $3.42M ($0.96 diluted EPS) vs $3.78M ($1.07) in Q3 2020.
- Nine-month net income $12.34M ($3.47 EPS), a record, up from $7.93M ($2.25) prior year.
- Net interest income $10.58M (+$1.25M YoY); net interest margin 2.72% vs 2.78%.
- No provision for loan losses in Q3 compared to $250K in Q3 2020; NPL ratio 1.31%.
- Total assets $1.66B; deposits up 16.6% to $1.43B; loans ex-PPP grew 5.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750558/000156459021051941/0001564590-21-051941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750558/000156459021051941/qnbc-8k_20211026.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-051941

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