Every 424B that QNB Corp. (QNBC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow QNBC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full QNBC filings page.
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. and The Victory Bancorp plan a stock-for-stock merger that will combine their Pennsylvania community banking operations. Victory will merge into QNB, followed by the merger of The Victory Bank into QNB Bank, with QNB and QNB Bank surviving. Each Victory common share is expected to convert into 0.5500 shares of QNB common stock, with cash paid instead of fractional shares. Based on shares outstanding as of December 17, 2025, former Victory shareholders are expected to own about 22.8% of the combined company. Both companies will hold special shareholder meetings on February 19, 2026 to vote on the merger and related adjournment proposals, and each board unanimously recommends voting in favor. The parties expect the transaction to qualify as a tax-free reorganization for most Victory shareholders, and Victory holders have dissenters’ rights under Pennsylvania law, subject to a 10.0% cap condition in the merger agreement.