QNB Corp (QNBC) financial statements (2022 and earlier)

Company profile

Business Address 15 NORTH THIRD STREET
QUAKERTOWN, PA 18951-9005
State of Incorp. PA
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments26522723161421
Cash and cash equivalents13391813161117
Short-term investments121399 44
Total current assets:26522723161421
Noncurrent Assets
Finance lease, right-of-use asset  2
Operating lease, right-of-use asset1  
Property, plant and equipment17151610899
Deferred income tax assets20 
Total noncurrent assets:20151810899
Other undisclosed assets1,6281,3731,1811,1431,1281,040990
TOTAL ASSETS:1,6731,4401,2251,1751,1521,0631,021
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt6859565156530
Total current liabilities:6859565156530
Noncurrent Liabilities
Other undisclosed liabilities1,4681,2471,0481,020998917930
Total liabilities:1,5371,3061,1041,0711,054970930
Commitments and contingencies      242
Stockholders' equity
Stockholders' equity attributable to parent136134121104999490
Common stock2222222
Treasury stock, value(4)(3)(2)(2)(2)(2)(2)
Additional paid in capital24222120191716
Accumulated other comprehensive income (loss)(4)60(7)(4)(4)(1)
Retained earnings1181079992848075
Other undisclosed stockholders' equity      (242)
Total stockholders' equity:1361341211049994(152)
TOTAL LIABILITIES AND EQUITY:1,6731,4401,2251,1751,1521,0631,021

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues47454743403534
Net investment income47444643383332
Cost of revenue(0)(1)(1)(1)(1)(0)(0)
Provision for loan, lease, and other losses(0)(1)(1)(1)
Financial services costs(1)(0)(0)
Gross profit:47444542393534
Operating expenses(3)(3)(3)(3)(16)(15)(15)
Other operating income, net
(Noninterest Income, Other Operating Income)
1111000
Operating income:44424340232119
Nonoperating income
(Bank Owned Life Insurance Income)
0000000
Interest and debt expense(5)(6)(10)(8)(6)(5)(5)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (4)
Income from continuing operations before equity method investments, income taxes:40353332181611
Other undisclosed loss from continuing operations before income taxes(20)(21)(18)(19)(4)(4) 
Income from continuing operations before income taxes:20151513141211
Income tax expense(4)(3)(3)(2)(6)(3)(3)
Net income available to common stockholders, diluted:16121211898

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:16121211898
Other comprehensive income (loss)(9)57(2)(0)(3)(1)
Comprehensive income, net of tax, attributable to parent:717209867

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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