Every 8-K that QNB Corp. (QNBC) has filed with the SEC in the last 24 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 8-K covers material events a company has to report between its quarterly reports, 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) 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. 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.
QNB Corp. reported the results of its 2026 Annual Meeting of Shareholders. Holders of 4,993,046 shares of common stock were entitled to vote. Shareholders elected four Class II directors—Laurie A. Bergman, Randy S. Bimes, Kenneth F. Brown, Jr., and Randall E. Stauffer—for three-year terms.
Investors also approved the 2026 Employee Stock Purchase Plan, with 2,630,365 votes for, 35,230 against, 24,958 abstentions, and 546,197 broker non-votes. In addition, shareholders ratified the appointment of Baker Tilly US, LLP as QNB’s independent registered public accounting firm for 2026, with 3,210,074 votes for, 9,332 against, and 17,344 abstentions.
QNB Corp. filed an amended report to add detailed financial information for its acquisition of The Victory Bancorp, Inc., which closed on April 1, 2026. The amendment includes Victory’s audited consolidated financial statements as of December 31, 2025 and 2024 and for those fiscal years.
It also provides unaudited pro forma condensed combined financial statements showing QNB and Victory together. A pro forma combined balance sheet as of March 31, 2026 and income statements for the year ended December 31, 2025 and the three months ended March 31, 2026 are presented using the acquisition method of accounting.
The disclosed preliminary purchase consideration for Victory is $47,106, allocated to identifiable net assets of $35,961 and resulting in estimated goodwill of $11,145 and a core deposit intangible of $7,916. Management emphasizes these pro forma figures are illustrative and may change as fair value analyses are finalized.
QNB Corp. distributed an investor slide presentation to existing and prospective investors. The slides describe the company’s operating strategy, growth plans, and financial performance at a high level.
The presentation is furnished as Exhibit 99.1 under Item 7.01 and is not treated as filed or automatically incorporated into other securities offerings.
QNB Corp. announced a long-term leadership succession plan for QNB Bank and the holding company. Effective November 1, 2026, Executive Vice President and Chief Operating Officer Christopher T. Cattie will become President of QNB Bank and join the Boards of Directors of both QNB Corp. and QNB Bank.
Current President and Chief Executive Officer David W. Freeman will continue as President and CEO of QNB Corp. and CEO of QNB Bank until his planned retirement on December 31, 2028. It is expected that Mr. Cattie will then assume the roles of President and Chief Executive Officer of both entities, providing for a multi-year transition. The company highlights Mr. Cattie’s decade-plus leadership experience and community involvement, and notes that the selection followed a comprehensive executive search and full Board review.
QNB Corp. reported first-quarter 2026 net income of $2.77 million, or $0.73 per diluted share, up from $2.58 million, or $0.69, a year earlier. Results include $754,000 after-tax merger-related costs tied to the Victory Bancorp acquisition.
Excluding these one-time costs, non-GAAP net income was $3.52 million, or $0.93 per diluted share, with return on average assets of 0.75% and return on equity of 10.69%. Net interest income rose to $13.11 million and net interest margin improved to 2.82%, helped by lower funding costs and loan growth.
Total assets were $1.92 billion, loans receivable $1.28 billion, and deposits $1.65 billion at March 31, 2026. The Victory Bancorp transaction closed on April 1, 2026, creating a combined franchise of nearly $2.4 billion in assets and expanding QNB’s Montgomery County presence.
QNB Corp. completed its acquisition of The Victory Bancorp, Inc. on April 1, 2026, merging Victory into QNB in a stock-for-stock transaction. Each outstanding share of Victory common stock was converted into the right to receive 0.5500 shares of QNB common stock, with cash paid instead of fractional shares, while existing QNB shares were unchanged.
Victory Bank then merged into QNB Bank, which will operate Victory Bank as a division during an interim period before a planned systems conversion the weekend of June 19–21, 2026. The QNB and bank boards added Joseph W. Major as Vice Chairman and Kevin L. Johnson as directors, and QNB entered into a 24‑month consulting and non‑competition agreement with Mr. Major worth $665,865. QNB also amended its bylaws to create the Vice Chairman role and will later file required financial and pro forma information for the transaction.
QNB Corp. furnished an investor slide presentation that it made available to analysts and prospective investors on March 26, 2026. The materials discuss the corporation’s operating strategies, growth plans, and financial performance. The slide deck is provided as Exhibit 99.1 under Item 7.01 and is expressly treated as furnished, not filed, under securities laws.
QNB Corp. and The Victory Bancorp, Inc. announced that they have received all required regulatory approvals to complete their previously announced merger transaction. The merger, first disclosed on September 23, 2025, is now expected to close during the second quarter, subject to customary closing conditions.
QNB Corp. is the holding company for QNB Bank, which operates twelve branches in Bucks, Lehigh, and Montgomery Counties in Pennsylvania and offers a range of commercial and retail banking, securities, advisory, and title insurance services. Victory Bancorp is the parent of The Victory Bank, a Pennsylvania commercial bank focused on business lending and traditional consumer banking with four offices in Montgomery and Berks Counties.
QNB Corp. reports that its shareholders approved the Agreement and Plan of Merger with The Victory Bancorp, Inc., under which Victory will merge into QNB and QNB will be the surviving company. The proposal received 2,211,803 votes for, 60,631 against, and 1,635 abstentions, with 3,733,073 shares entitled to vote. A separate adjournment proposal was not needed because support for the merger was sufficient. QNB and Victory also announced that Victory’s shareholders approved the transaction. The merger, initially announced in September 2025, is expected to close in the second quarter, subject to customary closing conditions and remaining regulatory approvals; the Pennsylvania Department of Banking and Securities has already approved the deal.
QNB Corp. furnished an update on its recent performance by announcing consolidated financial results for the fourth quarter ended December 31, 2025. The company provided these results through a press release dated January 27, 2026, which is attached as Exhibit 99.1.
The information about these quarterly results is being furnished rather than filed under securities laws, meaning it is not automatically incorporated into other securities filings unless specifically referenced.
QNB Corp. announced consolidated financial results for the third quarter ended September 30, 2025, and furnished a related news release as Exhibit 99.1.
The disclosure was provided via a current report and is designated as “furnished,” not “filed,” under securities laws. Investors can find the detailed results and commentary in Exhibit 99.1 accompanying the report.
QNB Corp. reported a leadership change, with its Board of Directors appointing Randall E. Stauffer to the Boards of QNB Bank and QNB Corp. effective January 1, 2026. He will serve as a Class II Director, a group whose term runs until the annual shareholder meeting in May 2026.
Stauffer is a Co-Owner, Assistant Secretary and Treasurer of Stauffer Manufacturing Co. in Red Hill, Pennsylvania, bringing operating and financial experience from a privately held business. QNB noted that he has not yet been appointed to any Board committees, indicating those assignments will be determined later.
QNB Corp. furnished an investor slide presentation that was made available to analysts and prospective investors. The materials, provided as Exhibit 99.1, outline the company’s operating and growth strategies and discuss its financial performance in a visual format. This presentation is being shared through a current report as supplemental information and is expressly treated as furnished rather than filed under securities laws, which affects how it may be used in other regulatory documents.
QNB Corp. has agreed to merge with The Victory Bancorp, Inc. in an all‑stock transaction. Victory will merge into QNB, and immediately afterward The Victory Bank will merge into QNB Bank, with QNB and QNB Bank remaining as the surviving entities. Each share of Victory common stock will be converted into the right to receive 0.5500 shares of QNB common stock, and Victory equity awards will either vest into the same stock consideration or convert into QNB options based on this exchange ratio.
The boards of both companies unanimously approved the merger, which is targeted to close in late 2025 or early 2026, subject to shareholder approvals, regulatory clearances, effectiveness of a Form S‑4 registration statement, and other customary conditions. The agreement also includes governance changes, including adding up to three Victory directors to the QNB and QNB Bank boards and appointing Victory’s CEO Joseph W. Major as Vice Chair of both boards and Chair of QNB’s Strategic Planning Committee at closing. Victory may owe QNB a $1,575,000 termination fee if the merger is ended under specified circumstances.