false 0001391933 0001391933 2024-07-10 2024-07-10
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported)
July 10, 2024
 
QUAINT OAK BANCORP, INC.
(Exact name of registrant as specified in its charter)
 
Pennsylvania
000-52694
35-2293957
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
 
501 Knowles Avenue, Southampton, Pennsylvania
18966
(Address of principal executive offices)
(Zip Code)
 
Registrant's telephone number, including area code
(215) 364-4059
 
Not Applicable
(Former name or former address, if changed since last report)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
 
☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
Securities registered pursuant to Section 12(b) of the Act: None
 
Title of each Class
Trading Symbol(s)
Name of each exchange on which registered
     
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 
 
Item 7.01        Regulation FD Disclosure
 
On July 11, 2024, Quaint Oak Bancorp, Inc. (the "Company") issued a press release announcing that the Board of Directors declared a quarterly cash dividend of $0.13 per share on July 10, 2024.  The dividend is payable on August 5, 2024, to shareholders of record as of July 22, 2024.
 
For additional information, reference is made to the Company's press release dated July 11, 2024, which is included as Exhibit 99.1 hereto and is incorporated herein by reference thereto.  The press release attached hereto is being furnished to the SEC and shall not be deemed to be "filed" for any purpose except as shall be expressly set forth by specific reference to such filing in other filings of the Company into which may be incorporated.
 
Item 9.01        Financial Statements and Exhibits
 
 
(a)
Not applicable.
 
 
(b)
Not applicable.
 
 
(c)
Not applicable.
 
 
(d)
Exhibits
 
The following exhibit is included with this Report:
 
 
Exhibit Number
  
Description
 
99.1
   Press release dated July 11, 2024
 
104
  
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 
2
 
 
SIGNATURES
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
QUAINT OAK BANCORP, INC.
     
     
     
Date: July 11, 2024
 
  
  By: /s/John J. Augustine
    John J. Augustine
   
Executive Vice President and Chief Financial Officer
 
 
 
 
 
 
3
 
 

Exhibit 99.1

 

qo.jpg
 

 

FOR IMMEDIATE RELEASE

 

 

QUAINT OAK BANCORP, INC. DECLARES

 

QUARTERLY CASH DIVIDEND

 

Southampton, Pa., July 11, 2024 – Quaint Oak Bancorp, Inc. (OTCQB: QNTO) (the "Company"), the holding company for Quaint Oak Bank, announced today that its Board of Directors at their meeting on July 10, 2024, declared a quarterly cash dividend of $0.13 per share on the common stock of the Company payable on August 5, 2024, to the shareholders of record at the close of business on July 22, 2024.

 

Quaint Oak Bancorp, Inc., a Financial Services Company, is the parent company for the Quaint Oak Family of Companies.  Quaint Oak Bank, a Pennsylvania-chartered stock savings bank and wholly-owned subsidiary of the Company, is headquartered in Southampton, Pennsylvania and conducts business through three regional offices located in the Delaware Valley, Lehigh Valley and Philadelphia markets. Quaint Oak Bank’s subsidiary companies include Quaint Oak Abstract, LLC, Quaint Oak Insurance Agency, LLC, Quaint Oak Mortgage, LLC and Oakmont Commercial, LLC, a specialty commercial real estate financing company. All companies are multi-state operations.

 

Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995.  Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts.  They often include words like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.”  We undertake no obligation to update any forward-looking statements.

 

 

Contact:

  

Quaint Oak Bancorp, Inc.

Robert T. Strong

President and Chief Executive Officer

(215) 364-4059

 

 
v3.24.2
Document And Entity Information
Jul. 10, 2024
Document Information [Line Items]  
Entity, Registrant Name QUAINT OAK BANCORP, INC.
Document, Type 8-K
Document, Period End Date Jul. 10, 2024
Entity, Incorporation, State or Country Code PA
Entity, File Number 000-52694
Entity, Tax Identification Number 35-2293957
Entity, Address, Address Line One 501 Knowles Avenue
Entity, Address, City or Town Southampton
Entity, Address, State or Province PA
Entity, Address, Postal Zip Code 18966
City Area Code 215
Local Phone Number 364-4059
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity, Emerging Growth Company false
Amendment Flag false
Entity, Central Index Key 0001391933
Quaint Oak Bancorp (QB) (USOTC:QNTO)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Quaint Oak Bancorp (QB) Charts.
Quaint Oak Bancorp (QB) (USOTC:QNTO)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Quaint Oak Bancorp (QB) Charts.