- Quaint Oak Bancorp, Inc. reported a **net loss of $41,000**, or **$0.02 per basic and diluted share**, for the third quarter ended September 30, 2025, compared to net income of $243,000, or $0.09 per basic and diluted share, for the same period in 2024.  **[1391933_0000927089-25-000199_ex_879198.htm:0]** 
- The decline in net income was primarily attributed to a **strategic investment in building a new international correspondent banking business line**, which significantly increased non-interest expenses.  **[1391933_0000927089-25-000199_ex_879198.htm:0]** 
- Despite the net loss, the company experienced a **44.5% rise in non-interest income** and an improvement in its **net interest margin to 2.77%** for the three months ended September 30, 2025.  **[1391933_0000927089-25-000199_ex_879198.htm:0]** 
- As of September 30, 2025, **non-performing loans were 1.16% of total loans receivable, net**, and the **Texas Ratio was 9.80%**.  **[1391933_0000927089-25-000199_ex_879198.htm:0]**

Quaint Oak Bancorp, Inc. Announces Third Quarter Earnings

- Quaint Oak Bancorp, Inc. reported a **net loss of $41,000**, or **$0.02 per basic and diluted share**, for the third quarter ended September 30, 2025, compared to net income of $243,000, or $0.09 per basic and diluted share, for the same period in 2024.  **[1391933_06846575d19a443da4cd3cc8726332a2_0]** 
- For the nine months ended September 30, 2025, net income was **$148,000**, or **$0.06 per basic and diluted share**, a decrease from **$1.2 million**, or **$0.47 per basic and diluted share**, for the same period in 2024.  **[1391933_06846575d19a443da4cd3cc8726332a2_0]** 
- The decline in earnings is primarily attributed to a **strategic investment in building a new international correspondent banking business line**, which led to a **16.3% increase in non-interest expense** for the three months ended September 30, 2025, compared to the prior year.  **[1391933_06846575d19a443da4cd3cc8726332a2_0]** **[1391933_06846575d19a443da4cd3cc8726332a2_3]** 
- Despite the short-term impact, the company saw positive signs with **non-interest income rising 44.5%** quarter-over-quarter and the **net interest margin improving to 2.77%** for the three months ended September 30, 2025.  **[1391933_06846575d19a443da4cd3cc8726332a2_0]** 
- At September 30, 2025, non-performing loans were **1.16%** of total loans receivable, net, and the Texas Ratio was **9.80%**, which, although slightly increased, remain at manageable levels.  **[1391933_06846575d19a443da4cd3cc8726332a2_0]** **[1391933_06846575d19a443da4cd3cc8726332a2_14]**

QUAINT OAK BANCORP (QNTO)