---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-015722"
form_type: "8-K"
ticker: "QNBC"
cik: "0000750558"
company_name: "QNB CORP."
filed_at: "2022-04-26T23:59:59+00:00"
generated_at: "2026-06-26T04:51:16.318120+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# QNB Corp. Q1 2022 net income falls 27% to $3.71M; EPS $1.04 vs $1.42 YoY

## Summary
- Net income $3.71M, down from $5.05M in Q1 2021; diluted EPS $1.04 vs $1.42.
- Net interest margin compressed to 2.71% from 3.07%, as lower-yielding securities increased to 42.7% of earning assets.
- Non-interest income dropped $1.79M to $1.61M, driven by $1.1M unrealized securities loss and $352K lower loan-sale gains.
- No provision for loan losses; non-performing loans stable at 1.26% of loans; allowance for loan losses at 1.21%.
- Total deposits up $2M to $1.45B; loans ex-PPP grew $7.9M; total assets $1.65B.

## SEC filing metadata
- accession: 0001564590-22-015722
- form_type: 8-K
- ticker: QNBC
- cik: 0000750558
- company_name: QNB CORP.
- filed_at: 2022-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750558/000156459022015722/0001564590-22-015722-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750558/000156459022015722/qnbc-8k_20220426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-015722
- JSON: https://secwatch.observer/filing/0001564590-22-015722.json
- Plain text: https://secwatch.observer/filing/0001564590-22-015722.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.