Quaint Oak Bancorp Inc., a Pennsylvania corporation headquartered in Southampton, Pennsylvania, was organized in 2007 as the holding company for Quaint Oak Bank. Quaint Oak Bank, originally incorporated in 1926, converted from a Pennsylvania chartered building and loan association to a Pennsylvania chartered mutual savings bank named Quaint Oak Savings Bank in January 2000 and converted to a stock savings bank in July 2007. Quaint Oak Bank operates from its main office located in Bucks County, Pennsylvania and Allentown regional office located in the Lehigh Valley area of Pennsylvania and through an insurance agency subsidiary at a Chalfont, Pennsylvania location. In February 2019, Quaint Oak Mortgage, a mortgage banking subsidiary of Quaint Bank, opened a mortgage office in Philadelphia, Pennsylvania. Quaint Oak Bank through its subsidiary companies conducts mortgage banking, real estate sales, title abstract and insurance businesses. In February 2020, Quaint Oak Bank opened a retail banking office in Philadelphia, Pennsylvania.
Company profile
Ticker
QNTO
Exchange
Website
CEO
Robert T. Strong
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Quaint Oak Mortgage, LLC • Quaint Oak Real Estate, LLC • Quaint Oak Abstract, LLC • QOB Properties, LLC • Quaint Oak Insurance Agency, LLC • Oakmont Commercial, LLC ...
QNTO stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
21 Feb 24
D/A
$7.00 mm in equity, sold $2.64 mm, 4 investors
15 Feb 24
8-K
Entry into a Material Definitive Agreement
15 Feb 24
8-K
Quaint Oak Bancorp, Inc. Announces Fourth Quarter and Year-end Earnings
1 Feb 24
8-K
Quaint Oak Bancorp, Inc. Declares
11 Jan 24
S-8
Registration of securities for employees
15 Dec 23
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
15 Dec 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
Latest ownership filings
3
Bora Ozkan
26 Feb 24
4
JAMES J CLARKE
22 Feb 24
SC 13G/A
QUAINT OAK BANCORP, INC. EMPLOYEE STOCK OWNERSHIP PLAN
13 Feb 24
5
GEORGE M AGER JR
12 Feb 24
4
JAMES J CLARKE
20 Nov 23
4
JAMES J CLARKE
20 Nov 23
4
JAMES J CLARKE
19 Sep 23
4
ANDREW E DIPIERO JR
15 Sep 23
4/A
ROBERT T STRONG
15 Sep 23
4
JOHN J AUGUSTINE
15 Sep 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.64 mm | 10.64 mm | 10.64 mm | 10.64 mm | 10.64 mm | 10.64 mm |
Cash burn (monthly) | (no burn) | (no burn) | 245.00 k | (no burn) | (no burn) | 587.42 k |
Cash used (since last report) | n/a | n/a | 1.47 mm | n/a | n/a | 3.51 mm |
Cash remaining | n/a | n/a | 9.17 mm | n/a | n/a | 7.12 mm |
Runway (months of cash) | n/a | n/a | 37.4 | n/a | n/a | 12.1 |
Institutional ownership, Q2 2023
16.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 301.29 mm |
Total shares | 415.91 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
QNTO Quaint Oak Bancorp | 207.75 k | $0.00 |
Quaint Oak Bancorp, Inc. Employee Stock Ownership Plan | 190.33 k | $0.00 |
Maltese Capital Management | 17.83 k | $301.29 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Feb 24 | Clarke James J | Common Stock | Buy | Acquire P | No | No | 11.37 | 100 | 1.14 k | 68,140 |
22 Feb 24 | Clarke James J | Common Stock | Buy | Acquire P | No | No | 11.99 | 300 | 3.60 k | 68,040 |
13 Nov 23 | Clarke James J | Common Stock | Buy | Acquire P | No | No | 13.275 | 13 | 172.58 | 67,740 |
10 Nov 23 | Clarke James J | Common Stock | Buy | Acquire P | No | No | 13 | 687 | 8.93 k | 67,727 |
19 Sep 23 | Clarke James J | Common Stock | Option exercise | Acquire M | No | No | 13.3 | 1,900 | 25.27 k | 67,040 |
19 Sep 23 | Clarke James J | Stock Option Common Stock | Option exercise | Dispose M | No | No | 13.3 | - | 1.90 k | 100 |