For the year ending 2025-12-31, QNBC had -$416K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Dividends from subsidiary | 9,685 |
| Interest, dividend and other income | 868 |
| Securities gains (losses) | 0 |
| Net unrealized (loss) gain on investment equity securities | 0 |
| Total income | 10,553 |
| Expenses | 5,783 |
| Income before applicable income taxes and equity in undistributed income of subsidiary | 4,770 |
| Provision for income taxes | -812 |
| Income before equity in undistributed income of subsidiary | 5,582 |
| Equity in undistributed income of subsidiary | 8,508 |
| Net income | 14,090 |
| Depreciation and amortization | 1,604 |
| Provision (reversal of provision) for credit losses | 449 |
| Net (gain) loss on sales of investment debt and equity securities | 0 |
| Net unrealized loss (gain) on equity securities | 0 |
| Net gain on sale of loans | 63 |
| Proceeds from sales of residential mortgages held-for-sale | 2,254 |
| Origination of residential mortgages held-for-sale | 3,386 |
| Increase on bank-owned life insurance | 338 |
| Stock-based compensation expense | 334 |
| Amortization of deferred costs on subordinated debt | 200 |
| Deferred income tax provision (benefit) | 107 |
| Net increase (decrease) in income taxes payable | 1,942 |
| Net decrease (increase) in accrued interest receivable | -126 |
| Fair value remeasurements on interest rate swap | -164 |
| Amortization of mortgage servicing rights and change in valuation allowance | 49 |
| Net amortization of premiums and discounts on investment securities | -1,122 |
| Net (decrease) increase in accrued interest payable | -2,530 |
| Operating lease payments | 641 |
| Increase in other assets | -629 |
| Increase (decrease) in other liabilities | 1,052 |
| Net cash provided by operating activities | 16,622 |
| Proceeds from payments, maturities and calls of investment debt securities available-for-sale | 104,326 |
| Proceeds from the sale of investment securities available-for-sale | 0 |
| Purchases of investment securities available-for-sale | 80,940 |
| Proceeds from the sale of equity securities | 0 |
| Purchases of equity securities | 0 |
| Proceeds from redemption of investment in restricted bank stock | 4,319 |
| Purchase of restricted bank stock | 5,546 |
| Net increase in loans | -44,402 |
| Net purchases of premises and equipment | 1,136 |
| Redemption of bank owned life insurance investment | 0 |
| Net cash (used) provided in investing activities | -23,379 |
| Net increase (decrease) in non-interest bearing deposits | 6,458 |
| Net increase in interest-bearing deposits | 7,512 |
| Net increase (decrease) in short-term borrowings | 26,757 |
| Repayment of long-term debt | 30,000 |
| Cash dividends paid, net of reinvestment | 5,000 |
| Proceeds from issuance of common stock | 614 |
| Net cash provided by financing activities | 6,341 |
| (decrease) increase in cash and cash equivalents | -416 |
| Cash and cash equivalents at beginning of year | 50,713 |
| Cash and cash equivalents at end of period | 50,297 |
QNB CORP. (QNBC)
QNB CORP. (QNBC)