For the quarter ending 2025-09-30, QNBC had -$140K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 3,648 | 6,461 |
| Depreciation and amortization | 391 | 890 |
| Provision for credit losses | 93 | 404 |
| Net gain on sale of loans | 41 | 22 |
| Proceeds from sales of residential mortgages held-for-sale | 1,586 | 668 |
| Origination of residential mortgages held-for-sale | 1,135 | 2,005 |
| Increase in cash surrender value of bank-owned life insurance | 86 | 168 |
| Stock-based compensation expense | 78 | 164 |
| Deferred income tax (benefit) expense | 106 | -32 |
| Net increase in income taxes payable | 460 | 199 |
| Net (increase) decrease in accrued interest receivable | 0 | 37 |
| Fair value remeasurements on interest rate swap | -71 | -70 |
| Amortization of mortgage servicing rights and change in valuation allowance | 14 | 21 |
| Net amortization of premiums and discounts on investment securities | -310 | -520 |
| Net amortization of deferred costs on subordinated debt | 50 | 100 |
| Net decrease in accrued interest payable | -2,418 | -1,329 |
| Operating lease payments | 152 | 323 |
| Increase in other assets | 604 | -456 |
| Increase (decrease) in other liabilities | 1,574 | -1,217 |
| Proceeds from the sale of investments available-for-sale | - | 0 |
| Net cash provided by operating activities | 3,591 | 4,744 |
| Proceeds from payments, maturities and calls of investments available-for-sale | 32,312 | 49,226 |
| Purchases of investments available-for-sale | 19,373 | 40,452 |
| Proceeds from redemption of investment in restricted stock | 904 | 3,270 |
| Proceeds from the sale of equity securities | - | 0 |
| Purchases of restricted stock | 0 | 3,606 |
| Net increase in loans | -27,245 | -1,615 |
| Net purchases of premises and equipment | 257 | 413 |
| Net cash used in investing activities | -13,659 | 6,410 |
| Net increase in non-interest bearing deposits | -11,968 | 17,961 |
| Net increase in interest-bearing deposits | 41,841 | 5,165 |
| Net decrease in short-term borrowings | -18,761 | 13,620 |
| Repayment of long-term debt | 0 | 30,000 |
| Cash dividends paid, net of reinvestment | 1,253 | 2,489 |
| Proceeds from issuance of common stock | 69 | 347 |
| Net cash provided by financing activities | 9,928 | 4,604 |
| Increase in cash and cash equivalents | -140 | 15,758 |
| Cash and cash equivalents at beginning of period | 50,713 | - |
| Cash and cash equivalents at end of period | 66,331 | - |
QNB CORP. (QNBC)
QNB CORP. (QNBC)