Every material Form 8-K QNB CORP. has filed with the SEC since September 08, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
QNB Corp. reported a third-quarter 2026 net loss of $14,774,000, or $2.67 per diluted share, compared with net income of $3,648,000 in the same quarter of 2025. The loss reflects a $27,713,000 net loss from a balance sheet restructuring and $251,000 of merger-related costs tied to the Victory Bancorp acquisition. Excluding these items, adjusted net income was $7,207,000, or $1.30 per diluted share, up from $1.09 a year earlier.
Q3 2026 GAAP net loss of $14,774,000 ($2.67 per diluted share) versus net income of $3,648,000 in Q3 2025
Restructuring included sale of $250,712,000 in available-for-sale securities at a loss of $29,049,000
Adjusted diluted EPS of $1.30 for Q3 2026 versus $1.09 for Q3 2025; nine-month GAAP net loss of $8,994,000
Victory Bancorp acquisition closed April 1, 2026; the offering added $48,284,000 in net proceeds to equity
QNB Corp. filed an 8-K updating its beneficial ownership disclosures as of September 30, 2026, to reflect an underwritten public offering of about 1.2 million common shares completed in August 2026. The filing is administrative and reports ownership levels rather than financial results, so it does not change the company's reported performance.
Offering: approximately 1.2 million common shares sold in an underwritten public offering in August 2026.
Directors and executive officers as a group held 635,042 shares and options, or 10.17%, as of September 30, 2026.
Fourthstone LLC reported 346,290 shares, or 5.57%; Mark T. Lynch reported 334,159 shares, or 5.37%.
Largest individual director or officer stake: Randy S. Bimes with 268,683 shares, or 4.30%.
QNB Corp. sold $254.4 million in available-for-sale securities with a 1.59% weighted-average yield and unwound $162.0 million in notional pay-fixed swaps, reinvesting proceeds at an expected blended yield of about 5.45%. The company estimates a net pre-tax loss of about $26.2 million, to be included in its third-quarter 2026 results, and expects to recover that loss in under four years.
Sold $254.4 million in book value of AFS securities at a 1.59% weighted-average yield, about 46.8% of the securities portfolio
Unwound $162.0 million in notional pay-fixed swaps as part of the repositioning
Estimated net pre-tax loss of about $26.2 million, included in third-quarter 2026 financial results
Sales had no impact on shareholders' equity or book value per share as of the sale date
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every QNB CORP. filing is on SEC EDGAR ↗. 8-K briefs of other companies →