Note 12 - Operating Segments (Tables)

3 Months Ended

Mar. 31, 2022

Notes Tables

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

	As of or for the Three Months Ended March 31,
	2022							2021
	Quaint Oak Bank(1)		Quaint Oak Mortgage			Consolidated		Quaint Oak Bank(1)		Quaint Oak Mortgage			Consolidated
Net Interest Income (Loss)	$	5,773	$	(26	)	$	5,747	$	3,742	$	(114	)	$	3,628
Provision for Loan Losses		679		-			679		254		-			254
Net Interest Income after Provision for Loan Losses		5,094		(26	)		5,068		3,488		(114	)		3,374
Non-Interest Income
Mortgage banking, equipment lending and title abstract fees		621		16			637		436		95			531
Real estate sales commissions, net		61		-			61		31		-			31
Insurance commissions		116		-			116		107		-			107
Other fees and services charges		171		-			171		345		-			345
Income from bank-owned life insurance		21		-			21		19		-			19
Net gain on loans held for sale		3,579		522			4,101		624		591			1,215
Gain on sale of investment securities available for sale		-		-			-		317		-			317
Gain on the sale of SBA loans		133		-			133		201		-			201
Total Non-Interest Income		4,702		538			5,240		2,080		686			2,766
Non-Interest Expense
Salaries and employee benefits		4,088		503			4,591		2,928		472			3,400
Directors’ fees and expenses		71		-			71		68		-			68
Occupancy and equipment		352		68			420		298		79			377
Data processing		158		39			197		130		75			205
Professional fees		158		26			184		146		17			163
FDIC deposit insurance assessment		116		-			116		51		-			51
Other real estate owned expenses		-		-			-		9		-			9
Advertising		176		32			208		91		14			105
Amortization of other intangible		12		-			12		12		-			12
Other		366		18			384		309		20			329
Total Non-Interest Expense		5,497		686			6,183		4,042		677			4,719
Pretax Segment Profit	$	4,299	$	(174	)	$	4,125	$	1,526	$	(105	)	$	1,421
Segment Assets	$	549,967	$	18,168		$	568,135	$	530,047	$	30,943		$	560,990