quaint oak bancorp inc (QNTO) Key Developments
Quaint Oak Bancorp Ratifies Appointment of S.R. Snodgrass as Auditor
May 14 15
Quaint Oak Bancorp Inc. announced that at the annual meeting of shareholders held on May 13, 2015, the company ratified the appointment of S.R. Snodgrass, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2015.
Quaint Oak Bancorp Inc Reports Consolidated Unaudited Earnings Results for the First Quarter Ended March 31, 2015
Apr 28 15
Quaint Oak Bancorp Inc. reported consolidated unaudited earnings results for the first quarter ended March 31, 2015. For the period, the company reported net income was $209,000, or $0.25 per basic and $0.23 per diluted share, compared to $200,000, or $0.23 per basic and $0.22 per diluted share for the same period in 2014. The increase in net income on a comparative quarterly basis was primarily the result of increases in net interest income of $145,000 and non-interest income of $108,000, and a decrease in the provision for loan losses of $12,000, partially offset by an increase in non-interest expense of $255,000 and an increase in the provision for income taxes of $1,000. The increase in interest income was primarily due to a $19.2 million increase in average loans receivable, net, including loans held for sale, which increased from an average balance of $110.8 million for the three months ended March 31, 2014 to an average balance of $130.0 million for the three months ended March 31, 2015, and had the effect of increasing interest income $298,000. Interest income was $1,990,000 compared with $1,759,000 for the same period last year. Net interest income was $1,515,000 compared with $1,370,000 for the same period last year. Income before income taxes was $346,000 compared with $336,000 for the same period last year.
Quaint Oak Bancorp Inc, Annual General Meeting, May 13, 2015
Apr 10 15
Quaint Oak Bancorp Inc, Annual General Meeting, May 13, 2015., at 14:00 US Eastern Standard Time. Location: 501 Knowles Avenue. Agenda: To elect two directors for a three-year term expiring in 2018, and until their successors are elected and qualified; to ratify the appointment of S.R. Snodgrass, P.C. as its independent registered public accounting firm for the fiscal year ending December 31, 2015; and to transact such other business, as may properly come before the meeting or at any adjournment thereof.
Quaint Oak Bancorp Inc, Board Meeting, Apr 08, 2015
Apr 9 15
Quaint Oak Bancorp Inc, Board Meeting, Apr 08, 2015. Agenda: To declare a quarterly cash dividend of $0.07 per share on the common stock of the company.
Quaint Oak Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on May 4, 2015
Apr 9 15
Quaint Oak Bancorp Inc. announced that its board of directors at their meeting on April 8, 2015, declared a quarterly cash dividend of $0.07 per share on the common stock of the company payable on May 4, 2015, to the shareholders of record at the close of business on April 20, 2015.