QUAINT OAK BANCORP, INC. ANNOUNCES THIRD QUARTER EARNINGS

(OTCQB: QNTO) Quaint Oak Bancorp, Inc., the holding company for Quaint Oak Bank, reported net income of $635,000, or $0.24 per basic and diluted share, for the quarter ended September 30, 2026, compared to a net loss of $41,000, or $(0.02) per share, for the same period in 2025. Net income for the nine months ended September 30, 2026 was $1.3 million, or $0.48 per share, up from $148,000, or $0.06 per share, for the same period in 2025. Robert T. Strong, Chief Executive Officer, attributed the improved profitability to disciplined decisions, reduced cost of funds, full repayment of FHLB borrowings, declining deposit costs, and a strengthened net interest margin. The company focused on managing operating expenses, resulting in an improved efficiency ratio. Consistent growth in fee income was driven by expanded SBA lending and increased loan production through Oakmont Commercial, LLC, with loans originated and sold into the secondary market enhancing noninterest income. Non-performing loans remain a concern, but are described as well-collateralized or adequately reserved, with efforts underway for resolution including enhanced staffing. Stockholders’ equity and book value per share increased, and the company remains focused on long-term profitability, risk management, and strong capital levels. For the quarter, net income increased by $676,000, primarily due to a $951,000 decrease in interest expense, a $750,000 increase in non-interest income, and a $381,000 net decrease in provision for credit losses, partially offset by a $630,000 increase in non-interest expense, a $531,000 decrease in interest and dividend income, and a $245,000 increase in provision for income taxes. The $531,000 decrease in interest and dividend income was mainly due to a $38.1 million decrease in average loans receivable (from $599.3 million to $561.3 million), reducing interest income by $623,000, and a $1.7 million decrease in average FHLB stock (from $1.9 million to $291,000), reducing interest income by $50,000. Offsetting this was a $12.9 million increase in average due from banks – interest earning (from $30.8 million to $43.8 million), increasing interest income by $111,000, and a three basis point increase in average yield on loans receivable (from 6.55% to 6.58%), increasing interest income by $51,000. The $951,000 decrease in interest expense was driven by a $536,000 decrease in interest on FHLB borrowings (average balance fell from $41.1 million to none), a 31 basis point decrease in average rate of certificates of deposit (from 4.27% to 3.96%, reducing expense by $251,000), a 103 basis point decrease in average rate of money markets (from 3.25% to 2.22%, reducing expense by $250,000), and a $19.4 million decrease in average money market deposits (from $116.5 million to $97.2 million, reducing expense by $157,000). A 59 basis point decrease in average rate of business checking accounts (from 4.64% to 4.05%) reduced expense by $99,000, and a $6.6 million decrease in average certificates of deposit (from $327.7 million to $321.1 million) reduced expense by $70,000. These were partially offset by a $37.7 million increase in average business checking accounts (from $29.2 million to $66.9 million), increasing expense by $437,000. The average interest rate spread increased from 2.07% to 2.52%, and net interest margin increased from 2.77% to 3.17%. The $381,000 net decrease in provision for credit losses reflected lower loan balances and changes in loan composition and estimated loss exposure. The $750,000 increase in non-interest income was mainly due to a $412,000 increase in net loan servicing income, a $154,000 increase in other fees and service charges, a $113,000 increase in gain on sale of SBA loans, a $59,000 increase in insurance commissions, a $50,000 increase in net gain on sale of other real estate owned, and a $7,000 increase in net gain on sale of mortgage and Oakmont Commercial loans, partially offset by a $48,000 decrease in mortgage banking and title abstract fees. The $630,000 increase in non-interest expense was due to a $435,000 increase in other expense, a $336,000 increase in professional fees, a $54,000 increase in advertising expense, a $23,000 increase in SaaS subscription expense, and an $8,000 increase in FDIC deposit insurance assessment, partially offset by decreases in salaries and employee benefits ($95,000), data processing ($59,000), occupancy and equipment ($49,000), and directors’ fees and expenses ($15,000). The provision for income tax increased $245,000 from $30,000 to $275,000, primarily due to higher pre-tax income. For the nine months, net income increased by $1.1 million, or 766.2%, primarily due to a $2.3 million decrease in interest expense, a $1.6 million increase in non-interest income, and a $663,000 net decrease in provision for credit losses, partially offset by a $1.3 million decrease in interest and dividend income, a $1.7 million increase in non-interest expense, and a $406,000 increase in provision for income taxes.

Quaint Oak Bancorp, Inc. Declares Quarterly Cash Dividend

(OTCQB:QNTO) Quaint Oak Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.04 per share on the common stock of the Company on October 14, 2026. The dividend will be payable on November 9, 2026, to shareholders of record at the close of business on October 26, 2026. Quaint Oak Bancorp, Inc. is the holding company for Quaint Oak Bank. Quaint Oak Bank is a Pennsylvania-chartered stock savings bank and is a wholly-owned subsidiary of Quaint Oak Bancorp, Inc. Quaint Oak Bank is headquartered in Southampton, Pennsylvania. The bank 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. Oakmont Commercial, LLC is described as a specialty commercial real estate financing company. All of these companies are multi-state operations. The announcement was made by the Board of Directors of Quaint Oak Bancorp, Inc. The company describes itself as a Financial Services Company. Robert T. Strong is named as Chief Executive Officer of Quaint Oak Bancorp, Inc. The dividend declaration date is October 14, 2026. The record date for the dividend is October 26, 2026. The payment date for the dividend is November 9, 2026.

QUAINT OAK BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS

(OTCQB: QNTO) Quaint Oak Bancorp, Inc. announced net income for the quarter ended June 30, 2026 of $481,000, or $0.18 per basic and diluted share, compared to net income of $272,000, or $0.10 per basic and diluted share, for the same period in 2025. Net income for the six months ended June 30, 2026 was $647,000, or $0.24 per basic and diluted share, compared to net income of $189,000, or $0.07 per basic and diluted share, for the same period in 2025. Net income increased 76.8% for the quarter and more than tripled on a year-to-date basis. The quarter saw a decrease in interest expense of $760,000 and an increase in non-interest income of $361,000, partially offset by a decrease in interest and dividend income of $694,000, an increase in non-interest expense of $112,000, a net increase in the provision for credit losses of $63,000, and an increase in the provision for income taxes of $43,000. The average interest rate spread decreased to 2.14% for the quarter from 2.19% a year ago, while the net interest margin improved to 2.93% from 2.85%. The company experienced an increase in non-performing assets during the first six months of the year, but stated these assets are either well-collateralized or appropriately reserved for. The company projects continued focus on disciplined execution, long-term profitability, prudent risk management, and maintaining healthy capital levels.

QUAINT OAK BANCORP, INC. ANNOUNCES FIRST QUARTER EARNINGS

Quaint Oak Bancorp, Inc. (OTCQB: QNTO) reported net income of $166,000, or $0.06 per basic and diluted share, for the quarter ended March 31, 2026, compared to a net loss of $83,000, or $(0.03) per share, for the same period in 2025. The improvement was driven by a $580,000 decrease in interest expense, a $345,000 net decrease in provision for credit losses, and a $53,000 increase in non-interest income, partially offset by higher non-interest expenses. Total assets decreased by $32.6 million, or 4.8%, to $643.2 million at March 31, 2026, while total deposits fell by $31.9 million, or 5.3%, to $565.4 million. The company also announced the lifting of a previously disclosed regulatory consent order, reflecting successful remediation efforts.

Quaint Oak Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.04 per share on the common stock of the Company on April 15, 2026. The dividend is payable on May 11, 2026, to shareholders of record at the close of business on April 27, 2026. This announcement provides information on the timing and amount of the dividend for investors.