Quaint Oak (QNTO) investor relations material

Executive summary

• Net income for Q2 2025 was $272,000 ($0.10 per share), up 172% year-over-year; six-month net income was $189,000, down 80.6% from the prior year due to lower interest income and higher expenses.

• Quarterly improvement was driven by lower interest expense and higher non-interest income, offset by increased provision for credit losses and non-interest expense.

• The company sold its 51% stake in Oakmont Capital Holdings and discontinued Quaint Oak Real Estate operations in March 2024, classifying them as discontinued operations.

• Asset quality ratios improved; non-performing assets at 0.89% of total assets and Texas Ratio at 9.24% as of June 30, 2025.

• Loan closings and asset growth stabilized through regular loan sales into the secondary market.

Financial highlights

• Net interest income for Q2 2025 rose 10.6% to $4.5 million year-over-year; for six months, it fell 8.8% to $8.6 million.

• Non-interest income for Q2 increased by 49.3% year-over-year, mainly from gains on loan and SBA loan sales; for six months, it rose 28.4%.

• Non-interest expense for Q2 rose by 5.7% year-over-year, led by higher data processing, occupancy, and other expenses.

• Interest and dividend income for Q2 decreased by $703,000 (6.5%) year-over-year; interest expense fell by $1.1 million (16.6%).

• EPS from continuing operations was $0.10 for Q2 2025, up from $0.04 year-over-year; book value per share at period end was $19.83.

Outlook and guidance

• Management highlights ongoing risks from economic and competitive conditions, interest rate changes, and regulatory requirements.

• Expenses are expected to remain stable except for certain one-time costs in the second half of 2025 related to business line build-out.

• Management remains focused on long-term profitability and maintaining strong capital ratios.

• No material changes in risk factors from the prior annual report; forward-looking statements caution on uncertainties.