Quaint Oak Bancorp Amends 2024 10-K, Confirms Filing Compliance
Ticker: QNTO · Form: 10-K/A · Filed: Jun 10, 2025 · CIK: 1391933
| Field | Detail |
|---|---|
| Company | Quaint Oak Bancorp, Inc. (QNTO) |
| Form Type | 10-K/A |
| Filed Date | Jun 10, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K/A, SEC Compliance, Regulatory Filing, Financial Reporting, Savings Institutions, Corporate Governance, Amendment
Related Tickers: QNTO
TL;DR
**QNTO's 10-K/A is a routine compliance update, signaling stability but offering no new financial catalysts.**
AI Summary
QUAINT OAK BANCORP, INC. filed a 10-K/A on June 10, 2025, amending its annual report for the fiscal year ended December 31, 2024. This amendment, designated as Amendment No. 1, clarifies or corrects information previously submitted in the original 10-K filing. The company, a Pennsylvania-incorporated savings institution with IRS Employer Identification Number 35-2293957, confirmed it has filed all required reports under Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and has been subject to such filing requirements for the past 90 days. Additionally, QUAINT OAK BANCORP, INC. indicated it has submitted every Interactive Data File required by Rule 405 of Regulation S-T during the preceding 12 months. The filing specifies that the company is not a well-known seasoned issuer, nor is it exempt from filing reports under Section 13 or 15(d) of the Act. The amendment does not provide specific dollar amounts for revenue or net income, but focuses on regulatory compliance and corporate status updates for the 2024 fiscal year.
Why It Matters
This 10-K/A filing from QUAINT OAK BANCORP, INC. is crucial for investors as it confirms the company's adherence to SEC reporting requirements, indicating good corporate governance and transparency. By affirming compliance with Section 13 or 15(d) and Interactive Data File submissions, the company signals reliability to its shareholders and the broader market. In a competitive financial landscape, consistent regulatory compliance can differentiate QNTO from peers, potentially enhancing investor confidence and reducing perceived regulatory risk. This amendment provides clarity on the company's reporting status, which is fundamental for informed investment decisions.
Risk Assessment
Risk Level: low — The risk level is low because the 10-K/A primarily addresses compliance with SEC filing requirements, confirming that QUAINT OAK BANCORP, INC. has filed all necessary reports and interactive data files. There are no indications of financial restatements, material adverse changes, or new significant risks introduced in this amendment. The filing simply clarifies the company's regulatory status for the fiscal year ended December 31, 2024.
Analyst Insight
Investors should view this 10-K/A as a positive sign of QUAINT OAK BANCORP, INC.'s operational diligence and commitment to regulatory transparency. While it doesn't present new financial data, it reinforces the company's foundational compliance. Investors should continue to monitor QNTO for future financial disclosures for performance insights, as this filing primarily confirms procedural adherence.
Key Numbers
- 2024-12-31 — Fiscal Year End (The period covered by the amended annual report.)
- 2025-06-10 — Filing Date (The date the 10-K/A was filed with the SEC.)
- 000-52694 — Commission File Number (Unique identifier for QUAINT OAK BANCORP, INC. with the SEC.)
- 35-2293957 — IRS Employer Identification Number (Tax identification number for QUAINT OAK BANCORP, INC.)
Key Players & Entities
- QUAINT OAK BANCORP, INC. (company) — Registrant and filer of the 10-K/A
- SEC (regulator) — United States Securities and Exchange Commission
- Section 13 or 15(d) (regulator) — Sections of the Securities Exchange Act of 1934 governing reporting requirements
- Rule 405 of Regulation S-T (regulator) — Rule governing Interactive Data File submissions
- Pennsylvania (regulator) — State of incorporation for QUAINT OAK BANCORP, INC.
- 35-2293957 (regulator) — I.R.S. Employer Identification Number for QUAINT OAK BANCORP, INC.
- 000-52694 (regulator) — Commission File Number for QUAINT OAK BANCORP, INC.
- December 31, 2024 (date) — Fiscal year end for the amended report
- June 10, 2025 (date) — Filing date of the 10-K/A
FAQ
What is the purpose of QUAINT OAK BANCORP, INC.'s 10-K/A filing?
The 10-K/A filing by QUAINT OAK BANCORP, INC. is an amendment to its annual report for the fiscal year ended December 31, 2024. Its primary purpose is to clarify or correct information previously submitted and to confirm the company's compliance with SEC reporting requirements, including the filing of all required reports under Section 13 or 15(d) and Interactive Data Files.
Did QUAINT OAK BANCORP, INC. report any new financial results in this 10-K/A?
No, the 10-K/A filing does not introduce new financial results such as revenue or net income figures. It focuses on regulatory compliance and corporate status updates for the fiscal year ended December 31, 2024, rather than providing updated financial performance data.
Is QUAINT OAK BANCORP, INC. considered a well-known seasoned issuer?
No, the filing explicitly indicates by check mark that QUAINT OAK BANCORP, INC. is not a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Has QUAINT OAK BANCORP, INC. filed all required SEC reports?
Yes, the registrant indicated by check mark that it has filed all reports required by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and has been subject to such filing requirements for the past 90 days.
What is the fiscal year end for the report amended by QUAINT OAK BANCORP, INC.'s 10-K/A?
The fiscal year ended for the report amended by QUAINT OAK BANCORP, INC.'s 10-K/A is December 31, 2024.
What is the significance of QUAINT OAK BANCORP, INC. confirming Interactive Data File submissions?
Confirming the submission of every Interactive Data File required by Rule 405 of Regulation S-T during the preceding 12 months signifies QUAINT OAK BANCORP, INC.'s adherence to modern SEC electronic filing standards, enhancing data accessibility and transparency for investors and analysts.
What is QUAINT OAK BANCORP, INC.'s state of incorporation?
QUAINT OAK BANCORP, INC. is incorporated in Pennsylvania, as stated in the 10-K/A filing.
Does this 10-K/A indicate any new risks for QUAINT OAK BANCORP, INC. investors?
This 10-K/A filing primarily addresses compliance and does not introduce new or heightened risks. It confirms the company's adherence to regulatory requirements, which generally reduces regulatory risk rather than creating new ones.
What is the business address of QUAINT OAK BANCORP, INC.?
The business address of QUAINT OAK BANCORP, INC. is 501 Knowles Avenue, Southampton, Pennsylvania, 18966, with a business phone number of (215) 364-4059.
How does this 10-K/A impact QUAINT OAK BANCORP, INC.'s stock market status?
This 10-K/A primarily reinforces QUAINT OAK BANCORP, INC.'s status as a compliant public company. It does not change its listing status or provide information that would directly impact its stock price, but rather assures investors of its ongoing regulatory adherence.
Industry Context
QUAINT OAK BANCORP, INC. operates within the savings institution sector, which is characterized by its focus on deposit-taking and lending, particularly in mortgages. The industry is sensitive to interest rate fluctuations and regulatory changes. Competition often comes from larger banks, credit unions, and specialized mortgage lenders.
Regulatory Implications
As a savings institution, QUAINT OAK BANCORP, INC. is subject to oversight from banking regulators. The company's confirmation of filing all required reports and Interactive Data Files indicates a commitment to regulatory compliance. Failure to meet these requirements could lead to penalties or increased scrutiny.
What Investors Should Do
- Review the original 10-K filing for the fiscal year ended December 31, 2024.
- Monitor future SEC filings for any further amendments or disclosures.
Key Dates
- 2024-12-31: Fiscal Year End — Marks the end of the reporting period for the annual financial statements included in the 10-K/A.
- 2025-06-10: Filing Date of 10-K/A — Indicates the date the amended annual report was submitted to the SEC, providing updated or corrected information for the fiscal year 2024.
Glossary
- 10-K/A
- An amended annual report filed with the SEC to correct or supplement information previously submitted in a Form 10-K. (This filing is an amendment to QUAINT OAK BANCORP, INC.'s original 10-K for the fiscal year ended December 31, 2024.)
- Securities Exchange Act of 1934
- A U.S. federal law that governs the secondary trading of securities, including requirements for periodic reporting by public companies. (QUAINT OAK BANCORP, INC. confirms it has met its filing requirements under this Act for the preceding 12 months.)
- Interactive Data File
- Electronic data files submitted to the SEC in a standardized format (XBRL) to facilitate automated analysis. (The company confirms it has submitted all required Interactive Data Files for the preceding 12 months.)
- Well-known seasoned issuer
- A class of issuers that meet certain eligibility requirements and are permitted to file certain registration statements on a delayed basis. (QUAINT OAK BANCORP, INC. is not a well-known seasoned issuer.)
- Savings Institutions, Not Federally Chartered
- A classification for financial institutions primarily engaged in accepting savings deposits and making mortgage loans, not chartered by federal authority. (This is the industry classification for QUAINT OAK BANCORP, INC.)
Year-Over-Year Comparison
This filing is an amendment (10-K/A) to the original 10-K for the fiscal year ended December 31, 2024. As such, it does not present a year-over-year comparison of financial metrics like revenue growth or margins. Instead, it focuses on correcting or clarifying previously submitted information and confirming ongoing regulatory compliance, such as submitting all required reports and interactive data files.
Filing Details
This Form 10-K/A (Form 10-K/A) was filed with the SEC on June 10, 2025 regarding QUAINT OAK BANCORP, INC. (QNTO).