From GlobeNewswire:

QNB Corp. reported a net income of $1,134,000 for the fourth quarter of 2023, compared to $5,447,000 for the same period in 2022. Total assets as of December 31, 2023 were $1,706,318,000 compared with $1,668,497,000 at December 31, 2022. They reported $291,000 in provision for credit losses on loans in the fourth quarter of 2023 compared to a reversal in provision of $850,000 in the fourth quarter of 2022. Additionally, total non-performing loans were $5,668,000 at December 31, 2023. Total non-interest income was $283,000 for the fourth quarter of 2023 compared with $2,997,000 for the same period in 2022.



Read more: QNB Corp. Reports Earnings For Fourth Quarter 2023