QUAINT OAK BANCORP, INC.
For the period ended Dec 31, 2025. Filed Mar 27, 2026.
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FY2025 · Filed Mar 27, 2026
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EX-13.0 · Statements of Income
Statements of Income
| For the Year Ended December 31, | |||
|---|---|---|---|
| 2025 · 2024 | |||
| Income | |||
| Dividends from subsidiary | $5,500 | $ | - |
| Gain on the sale of 1710 Union Boulevard | - | 1,485 | |
| Rental income | - | 364 | |
| Total Income | 5,500 | 1,849 | |
| Expenses | |||
| Occupancy and equipment expense | - | 103 | |
| Interest on senior debt | 947 | - | |
| Interest on subordinated debt | 954 | 1,934 | |
| Other expenses | 245 | 141 | |
| Total Expenses | 2,146 | 2,178 | |
| Net Income Before Income Taxes | 3,354 | (329) | |
| Equity in Undistributed Net Income of Subsidiary, Net of Dividends | (3,483) | 3,055 | |
| Income Tax Benefit | 451 | 69 | |
| Net Income | $322 | $2,795 | |
| Comprehensive Income | $325 | $2,805 | |
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Note22 – Quaint Oak Bancorp, Inc. (Parent Company Only) (Continued)
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