Note 12 - Operating Segments (Tables)

9 Months Ended

Sep. 30, 2020

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	As of or f or the Three Months Ended September 30 ,
	20 20									2 019
	Quaint Oak Bank (1)			Quaint Oak Mortgage			Consolidated			Quaint Oak Bank (1)			Quaint Oak Mortgage			Consolidated
Net Interest Income	$	2,948		$	(82	)	$	2,866		$	2,225		$	(54	)	$	2,171
Provision for Loan Losses		201			-			201			157			-			157
Net Interest Income after Provision for Loan Losses		2,747			(82	)		2,665			2,068			(54	)		2,014
Non-Interest Income
Mortgage banking and title abstract fees		250			150			400			181			168			349
Real estate sales commissions, net		68			-			68			77			-			77
Insurance commissions		130			-			130			109			-			109
Other fees and services charges		144			-			144			(5	)		-			(5	)
Income from bank-owned life insurance		20			-			20			21			-			21
Net gain on loans held for sale		-			1,209			1,209			-			996			996
Net gain on sale of other real estate owned		(110	)		-			(110	)		-			-			-
Gain on the sale of SBA loans		19			-			19			98			-			98
Total Non-Interest Income		521			1,359			1,880			481			1,164			1,645
Non-Interest Expense
Salaries and employee benefits		1,761			384			2,145			1,485			291			1,776
Directors' fees and expenses		61			-			61			54			-			54
Occupancy and equipment		175			76			251			126			55			181
Data processing		119			58			177			92			29			121
Professional fees		95			17			112			96			12			108
FDIC deposit insurance assessment		38			-			38			-			-			-
Other real estate owned expenses		11			-			11			12			-			12
Advertising		61			14			75			60			10			70
Amortization of other intangible		12			-			12			13			-			13
Other		248			11			259			185			15			200
Total Non-Interest Expense		2,581			560			3,141			2,123			412			2,535
Pretax Segment Profit	$	687		$	717		$	1,404		$	426		$	698		$	1,124
Segment Assets	$	382,939		$	39,364		$	422,303		$	270,502		$	23,318		$	293,820

	As of or f or the Nine Months Ended September 30 ,
	20 20									201 9
	Quaint Oak Bank (1)			Quaint Oak Mortgage			Consolidated			Quaint Oak Bank (1)		Quaint Oak Mortgage			Consolidated
Net Interest Income	$	7,935		$	(169	)	$	7,766		$	6,504	$	(98	)	$	6,406
Provision for Loan Losses		621			-			621			318		-			318
Net Interest Income after Provision for Loan Losses		7,314			(169	)		7,145			6,186		(98	)		6,088
Non-Interest Income
Mortgage banking and title abstract fees		602			443			1,045			442		377			819
Real estate sales commissions, net		131			-			131			128		-			128
Insurance commissions		347			-			347			307		-			307
Other fees and services charges		178			-			178			85		-			85
Income from bank-owned life insurance		59			-			59			60		-			60
Net gain on loans held for sale		-			2,816			2,816			-		2,296			2,296
Net gain on sale of other real estate owned		(92	)		-			(92	)		-		-			-
Gain on sale of SBA loans		71			-			71			238		-			238
Total Non-Interest Income		1,296			3,259			4,555			1,260		2,673			3,933
Non-Interest Expense
Salaries and employee benefits		4,894			1,014			5,908			4,272		901			5,173
Directors' fees and expenses		175			-			175			167		-			167
Occupancy and equipment		461			212			673			354		161			515
Data processing		345			129			474			253		88			341
Professional fees		287			52			339			244		38			282
FDIC deposit insurance assessment		85			-			85			40		-			40
Other real estate owned expenses		34			-			34			23		-			23
Advertising		183			41			224			182		30			212
Amortization of other intangible		37			-			37			37		-			37
Other		672			42			714			538		41			579
Total Non-Interest Expense		7,173			1,490			8,663			6,110		1,259			7,369
Pretax Segment Profit	$	1,437		$	1,600		$	3,037		$	1,336	$	1,316		$	2,652
Segment Assets	$	382,939		$	39,364		$	422,303		$	270,502	$	23,318		$	293,820