Welcome to our dedicated page for QNB SEC filings (Ticker: QNBC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
QNB Corp. filings document the regulatory record of a Pennsylvania bank holding company and its QNB Bank subsidiary. The company’s Form 8-K reports cover operating results, Regulation FD presentation materials, material agreements, governance matters, capital-structure disclosures, and completed acquisition activity, including a merger in which The Victory Bancorp, Inc. merged into QNB Corp. and The Victory Bank merged into QNB Bank.
Proxy materials for QNB Corp. address annual meeting voting, director elections, governance practices, and compensation disclosures. The filing record also documents common stock matters, shareholder voting mechanics, financial performance releases, and formal material-event disclosures tied to the company’s banking business and public-company obligations.
QNB Corp. (QNBC) announced a strategic repositioning of a large portion of its available-for-sale securities portfolio. The company sold securities with an amortized cost of $254.4 million and a weighted-average yield of 1.59%, representing 46.8% of its total securities portfolio, and unwound $162.0 million of pay-fixed swaps.
QNB Corp. estimates the sales and swaps unwind will produce a net pre-tax loss of approximately $26.2 million, to be recognized in the third quarter of 2026, and expects this loss to be recovered in under four years. Net proceeds are being redeployed into high-yielding, low-risk available-for-sale securities and loan growth, with a blended, expected weighted-average yield of about 5.45%.
The company states that this repositioning is expected to benefit its tangible common equity-to-tangible assets ratio and be accretive to earnings, net interest margin, and return on average assets in future periods. QNB Corp. reports that the sales did not affect shareholders’ equity or book value per share as of the sale date and that capital levels at the company and QNB Bank remain above internal minimums and well-capitalized regulatory thresholds.
QNB Corp. (QNBC) entered into an underwriting agreement to conduct a primary underwritten public offering of a total of 1,232,142 shares of common stock at $42.00 per share, including full exercise of the underwriters’ overallotment option, under its effective Form S-3 shelf registration. The company expects approximately $48.3 million in net proceeds after underwriting discounts, commissions and estimated expenses.
QNB Corp. plans to use the proceeds for general corporate purposes, which may include repositioning a portion of its available-for-sale fixed income securities portfolio, redeeming a portion of subordinated notes, funding new loans, supporting capital ratios and continued growth. The common stock has been approved for listing on the Nasdaq Capital Market, with trading expected to begin on August 20, 2026 under the ticker symbol QNBC, with closing of the offering and overallotment expected on or about August 21, 2026, subject to customary conditions.
QNB Corp. (QNBC) is conducting a primary offering of 1,071,428 shares of common stock at $42.00 per share, with an underwriters’ option for up to 160,714 additional shares. The stock has been approved for listing on Nasdaq Capital Market under the symbol QNBC, moving from the OTCQX on August 20, 2026.
Gross proceeds are $44.99 million, with net proceeds to QNB of about $42.0 million before any option exercise. As of June 30, 2026, QNB had $2.40 billion in assets, $2.07 billion in deposits and $183.5 million in shareholders’ equity.
QNB plans to use proceeds for general corporate purposes including a balance sheet restructuring: selling about $236 million of lower‑yield securities (1.61% average yield) with an expected $22 million pre‑tax loss, purchasing roughly $125 million of higher‑yield securities (estimated 4.76% yield), funding approximately $76 million of new loans (estimated 6.50% yield, ~3‑year duration), and redeeming about $13 million of subordinated notes (9.43% cost). The company states this, together with the offering, is intended to improve profitability, liquidity and capital, with a cited pro forma consolidated Common Equity Tier 1 ratio of ~12.08% and an as‑adjusted CET1/Tier 1 ratio of 13.25% assuming 0% risk‑weighted deployment.
QNB Corp. (QNBC) is offering shares of its common stock under an effective shelf registration and plans to list the stock on the Nasdaq Capital Market, moving from the OTCQX. QNB is a Pennsylvania community bank holding company with $2.40 billion in assets, $2.07 billion in deposits and $183.5 million in shareholders’ equity as of June 30, 2026.
Net proceeds are intended for general corporate purposes, including a balance sheet restructuring. QNB expects to sell $236 million of fixed‑income securities yielding 1.61%, recognize an estimated $22 million pre‑tax loss, purchase about $125 million of new securities at an estimated 4.76% yield, fund roughly $76 million of new loans at an estimated 6.50% yield, and redeem approximately $13 million of subordinated notes costing 9.43%. Pro forma, the consolidated Common Equity Tier 1 capital ratio would have been about 12.38% on June 30, 2026, compared with an actual 11.04%.
QNB is a “smaller reporting company” and recently acquired The Victory Bancorp, Inc., expanding its southeastern Pennsylvania footprint. The company highlights risks including stock price volatility, potential dilution, dependence on bank dividends, discretion over dividend policy, and execution risk around the planned restructuring and note redemption.
QNB Corp. (QNBC) reported higher balance sheet size but lower earnings for the quarter ended June 30, 2026. Total assets rose to $2.40 billion from $1.91 billion at December 31, 2025, driven largely by the April 1, 2026 all‑stock acquisition of The Victory Bancorp, Inc. valued at $47.1 million. The merger added $408.4 million of loans, $409.2 million of deposits, $11.2 million of goodwill and a $7.3 million core deposit intangible.
Loans receivable increased to $1.72 billion, while the allowance for credit losses rose to $12.8 million. For the quarter, net interest income was $18.4 million and net income was $3.0 million, compared with $3.9 million a year earlier, as merger-related expenses of $3.1 million lifted non‑interest expense. Six‑month net income declined to $5.8 million from $6.5 million.
Basic earnings per share were $0.61 for the quarter versus $1.05 a year ago, while cash dividends per share increased to $0.39 from $0.38. Shares outstanding were 4,979,570 as of July 31, 2026.
QNB Corp. has filed a shelf registration to offer up to $75,000,000 of securities, including common stock, debt securities, warrants and units, in one or more offerings from time to time. Specific terms and prices for each issuance will be detailed in future prospectus supplements.
Net proceeds from any sale will be used for general corporate purposes, which may include contributing capital to QNB Bank to support lending and investing, repaying debt, funding acquisitions of institutions or branches, and making permitted investments. Any unsold funds may be temporarily invested in securities or used to pay borrowings.
QNB is a Pennsylvania bank holding company for QNB Bank, with $1.9 billion in total assets, $1.6 billion in deposits and $129.6 million in shareholders’ equity as of December 31, 2025, and $14.1 million in net income for 2025. As of that date, 3,738,875 common shares were outstanding, and on August 5, 2026 the stock closed at $43.94 on the OTCQX Best Market.
QNB Corp. reports that on April 1, 2026 it completed its previously announced acquisition of The Victory Bancorp, Inc., with Victory merging into QNB Corp. as the surviving corporation. QNB presents Victory’s unaudited March 31, 2026 consolidated financial statements and unaudited pro forma combined financial information giving effect to the merger.
As of March 31, 2026, Victory reported $457,820 (in thousands) in total assets, including loans receivable of $406,000 (in thousands) and securities of $15,754 (in thousands), funded mainly by deposits of $409,221 (in thousands). Subordinated debt totaled $17,392 (in thousands) and stockholders’ equity was $30,166 (in thousands).
For the three months ended March 31, 2026, Victory generated net interest income of $3,930 (in thousands) and recorded a net loss of $3,374 (in thousands), or $(1.68) per basic and diluted share, driven by $3,933 (in thousands) of merger-related salary and benefit expenses and a $719 (in thousands) loss on securities sales. The allowance for credit losses was $3,434 (in thousands) with nonaccrual loans of $74 (in thousands), and the bank subsidiary’s Common Equity Tier 1 ratio of 11.01% and Tier 1 leverage ratio of 9.88% exceeded well-capitalized regulatory thresholds.
QNB Corp. reported second-quarter 2026 results that reflect its April 1, 2026 acquisition of Victory Bancorp, Inc. GAAP net income for the quarter was $3,015,000, or $0.60 per diluted share, compared with $3,883,000, or $1.04 per diluted share, a decline driven by $2,227,000 of merger-related costs after tax.
Excluding these one-time items, adjusted net income rose to $5,242,000 and adjusted diluted EPS to $1.05, slightly above $1.04 a year earlier. For the first six months of 2026, net income was $5,780,000 (diluted EPS $1.32), while adjusted net income reached $9,029,000 with adjusted diluted EPS of $2.06.
Total assets increased to $2,398,970,000 at June 30, 2026 as the Victory transaction added $408,379,000 of loans, $409,165,000 of deposits and $47,101,000 of equity. Tax-equivalent net interest margin improved to 3.16% from 2.69%, and asset quality remained stable with non-performing loans at 0.61% of loans receivable.
Major Joseph W reported open-market purchase transactions in this Form 4 filing.
QNB CORP. director Joseph W. Major reported acquiring 219 shares of QNB CORP. common stock on July 1, 2026 at $43.85 per share. A footnote states these shares were issued under the 2023 Non-Employee Director Compensation Plan, indicating a compensation-related award rather than a discretionary market trade. Following this transaction, Major directly holds 70,964 shares of QNB CORP. common stock.