Quaint Oak Bancorp posted net income of $481,000 in the quarter ended June 30, 2026, up 76.8%, with EPS of $0.18.
Net interest margin widened 0.08 percentage point to 2.93%, while the average interest rate spread narrowed 0.05 percentage point to 2.14%.
Total non-interest income climbed 18.5% to $2.31 million, driven by higher net gain on sale of mortgage and Oakmont Commercial loans.
Non-performing loans rose to $9.8 million, or 1.88% of total loans receivable, net of allowance for credit losses, from $7.3 million at Dec. 31.
CEO Robert T. Strong cited lower funding costs, net interest margin expansion, and growth in non-interest income, while noting no Federal Home Loan Bank borrowings.
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