Quaint Oak (QNTO) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
2 Dec, 2025Executive summary
Annual Meeting scheduled for May 14, 2025, at company headquarters in Southampton, PA, to address key governance and compensation matters.
Shareholders of record as of March 25, 2025, are entitled to vote on proposals including director elections, auditor ratification, executive compensation, and advisory vote frequency.
Proxy materials and the 2024 Annual Report are available online; shareholders are encouraged to vote by mail, with options for in-person, internet, or telephone voting depending on shareholding method.
Voting matters and shareholder proposals
Election of three directors for a three-year term expiring in 2028.
Ratification of S.R. Snodgrass, P.C. as independent registered public accounting firm for fiscal year ending December 31, 2025.
Non-binding resolution to approve named executive officer compensation (say-on-pay).
Advisory vote on the frequency of the say-on-pay resolution, with the Board recommending every three years.
Shareholder proposals for the 2026 meeting must be received by December 10, 2025, with detailed procedures for nominations and communications.
Board of directors and corporate governance
Board divided into three classes with staggered terms; majority of directors are independent per Nasdaq standards.
Nominees for 2028 term: John J. Augustine, Kenneth R. Gant, and Robert T. Strong, all with extensive financial and business backgrounds.
Board committees include Audit, Compensation, and Nominating and Corporate Governance, with regular meetings and defined charters.
Chairman and CEO roles are separated to enhance independence and oversight.
Director compensation includes retainers, meeting fees, and equity awards, with a 2023 grant vesting through 2028.
Latest events from Quaint Oak
- Net income fell 88.5% year-over-year as expenses rose and non-interest income declined.QNTO
Q4 20252 Feb 2026 - Q3 2025 net loss driven by higher expenses and investments, but margin and liquidity improved.QNTO
Q3 202513 Nov 2025 - Net income fell 82.5% in Q2 as loan balances dropped and non-performing loans increased.QNTO
Q2 202417 Oct 2025 - Q2 net income surged 172% year-over-year, but six-month earnings declined sharply.QNTO
Q2 202514 Aug 2025 - Q3 2024 net income surged 195% year-over-year, driven by higher non-interest income and cost controls.QNTO
Q3 202413 Jun 2025 - Net loss, asset decline, and strong capital ratios marked Q1 2025, with loan pipelines robust.QNTO
Q1 20256 Jun 2025 - Q4 and 2024 net income surged 38% year-over-year, fueled by non-interest income and one-time gains.QNTO
Q4 20245 Jun 2025