QNB CORP.

For the period ended Dec 31, 2024. Filed Mar 18, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 18, 2025

QNBC$47.40-0.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Shareholders’ Equity

Accumulated
Number of · Other
Shares · Common · Retained · Comprehensive · Treasury
Outstanding · Stock · Surplus · Earnings · Income (Loss) · Stock · Total
Balance, January 1, 2022	3,553,629		$2,350			$23,683			$118,163			$(3,740)			$(3,962)			$136,494
Net income		—			—			15,921			—			—			15,921
Other comprehensive loss, net of tax		—			—			—			(77,387)			—			(77,387)
Cash dividends declared ($1.40 per share)		—			—			(5,133)			—			—			(5,133)
Treasury stock purchase	(2,000)		—			—			—			—			(75)			(75)
Stock issued in connection with dividend reinvestment and stock purchase plan	31,531		20			897			—			—			—			917
Stock issued for employee stock purchase plan	5,102	3		133			—			—			—			136
Stock-based compensation expense		—		85			—			—			—			85
Balance, December 31, 2022	3,588,262		$2,373			$24,798			$128,951			$(81,127)			$(4,037)			$70,958
Cumulative change in accounting principle				—			857			—			—			857
Balance at January 2, 2023 (as adjusted for change in accounting principle)		2,373			24,798			129,808			(81,127)			(4,037)			71,815
Net income		—			—			9,483			—			—			9,483
Other comprehensive income, net of tax		—			—			—			13,190			—			13,190
Cash dividends declared ($1.48 per share)		—			—			(5,346)			—			—			(5,346)
Stock issued in connection with dividend reinvestment and stock purchase plan	56,622		36			1,327			—			—			—			1,363
Stock issued for employee stock purchase plan	6,630		4			130			—			—			—			134
Stock issued for non-employee director compensation	1,740		1			(1)			—			—			—			—
Stock-based compensation expense		—			185			—			—			—			185
Balance, December 31, 2023	3,653,254		$2,414			$26,439			$133,945			$(67,937)			$(4,037)			$90,824
Net income		—			—			11,448			—			—			11,448
Other comprehensive income, net of tax		—			—			—			5,291			—			5,291
Cash dividends declared ($1.48 per share)		—			—			(5,435)			—			—			(5,435)
Stock issued in connection with dividend reinvestment and stock purchase plan	32,963		21			852			—			—			—			873
Stock issued for employee stock purchase plan	7,339		4			145			—			—			—			149
Stock issued for non-employee director compensation	3,060		2			(2)			—			—			—			—
Stock-based compensation expense		—			199			—			—			—			199
Balance, December 31, 2024	3,696,616		$2,441			$27,633			$139,958			$(62,646)			$(4,037)			$103,349

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