secwatch.observer — SEC 8-K summary
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Issuer:     QNB CORP. (QNBC)
CIK:        0000750558
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001564590-22-035090
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QNB Corp. reports Q3 net income flat at $0.96/share; bank net interest income rises
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- Net income $3.415M ($0.96 diluted EPS) vs $3.424M ($0.96) in Q3 2021.
- QNB Bank net income rose $518K to $4.247M; holding company had $832K loss from equity fair value adjustments.
- Net interest income up $795K to $11.379M; net interest margin 2.72% unchanged.
- Loans (ex-PPP) grew $93.4M to $1.006B; non-performing loans improved to 1.06% from 1.26% at Dec 2021.
- Total deposits increased $26.9M to $1.477B; no provision for loan losses recognized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/750558/000156459022035090/0001564590-22-035090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/750558/000156459022035090/qnbc-8k_20221025.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-035090

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