Quaint Oak Bancorp, Inc. (QNTO)

Quaint Oak Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	39.04	40.06	43.81	31.78	24.59
Interest Income on Investments	1.59	3.38	1.11	0.69	0.4
Total Interest Income	40.63	43.44	44.92	32.47	25
Interest Paid on Deposits	18.97	23.14	18.81	6.04	3.06
Interest Paid on Borrowings	3.76	2.48	6.72	2.73	1.31
Total Interest Expense	22.73	25.62	25.53	8.78	4.38
Net Interest Income	17.9	17.82	19.39	23.69	20.62
Net Interest Income Growth (YoY)	0.48%	-8.13%	-18.13%	14.88%	90.31%
Mortgage Banking Activities	0.95	0.91	0.6	3.1	2.5
Gain (Loss) on Sale of Assets	-	1.49	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	0.36
Other Non-Interest Income	1.04	1.61	1.6	3.5	1.17
Total Non-Interest Income	7.16	8.16	5.29	19.41	11.98
Non-Interest Income Growth (YoY)	-12.22%	54.12%	-72.74%	62.00%	80.05%
Revenues Before Loan Losses	25.06	25.97	24.69	43.1	32.6
Provision for Loan Losses	1.22	1.53	0.16	2.48	2.2
Revenue	23.85	24.44	24.53	40.63	30.4
Revenue Growth (YoY)	-2.43%	-0.37%	-39.62%	33.63%	82.48%
Salaries and Employee Benefits	15.16	14.39	13.63	19.63	15.11
Occupancy Expenses	1.8	1.11	1.38	1.47	1.32
Federal Deposit Insurance	0.53	0.61	0.87	0.66	0.33
Amortization of Goodwill & Intangibles	0.05	0.05	0.05	0.05	0.05
Selling, General & Administrative	3.81	3.12	3.08	3.24	2.89
Other Non-Interest Expense	1.86	1.73	1.91	2.22	1.39
Total Non-Interest Expense	23.2	21.02	20.92	27.26	21.09
EBT Excluding Unusual Items	0.64	3.42	3.61	13.37	9.31
Pretax Income	0.64	3.42	3.61	13.37	9.31
Income Tax Expense	0.32	1.19	1.23	3.05	2.49
Earnings From Continuing Operations	0.32	2.23	2.38	10.31	6.82
Earnings From Discontinued Operations	-	0.56	-0.36	-	-
Minority Interest in Earnings	-	-	-	-2.45	-0.42
Net Income	0.32	2.8	2.02	7.86	6.4
Net Income to Common	0.32	2.8	2.02	7.86	6.4
Net Income Growth	-88.48%	38.37%	-74.31%	22.78%	97.35%
Basic Shares Outstanding	3	3	2	2	2
Diluted Shares Outstanding	3	3	2	2	2
Shares Change (YoY)	2.09%	13.35%	5.67%	2.86%	4.01%
EPS (Basic)	0.12	1.08	0.90	3.85	3.21
EPS (Diluted)	0.12	1.08	0.89	3.65	3.06
EPS Growth	-88.89%	21.35%	-75.62%	19.28%	90.06%
Dividend Per Share	0.340	0.520	0.520	0.500	0.420
Dividend Growth	-34.62%	-	4.00%	19.05%	16.67%
Effective Tax Rate	50.00%	34.78%	34.00%	22.85%	26.76%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.