Quaint Oak (QNTO) investor relations material

Executive summary

• Net income for Q2 2026 was $481,000 ($0.18/share), up 76.8% year-over-year; six-month net income was $647,000 ($0.24/share), more than tripling from the prior year.

• Results driven by lower interest expense, improved funding costs, net interest margin expansion, and higher non-interest income.

• Efficiency ratio improved, reflecting focus on operating efficiency and scalable non-interest income sources.

Financial highlights

• Q2 2026 net income rose by $209,000 to $481,000; six-month net income increased by $458,000 to $647,000 year-over-year.

• Interest expense decreased by $760,000 (Q2) and $1.3 million (six months), mainly due to elimination of FHLB borrowings and lower money market deposit balances.

• Non-interest income increased by $361,000 (Q2) and $414,000 (six months), led by gains on loan sales and higher servicing income.

• Non-interest expense rose by $112,000 (Q2) and $692,000 (six months), mainly from higher salaries, benefits, and professional fees.

• Provision for credit losses increased $63,000 in Q2 but decreased $282,000 for the six months, reflecting lower charge-offs and C&I loan balances.

Outlook and guidance

• Management remains focused on disciplined execution, long-term profitability, prudent risk management, and maintaining strong capital levels.

• Continued investment in specialty banking, technology, and personnel expected to support scalable revenue growth.