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Note 12 - Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2023
Compensation Related Costs [Abstract]  
Schedule of Shares Issued

Shares issued pursuant to the Plan were as follows:

 

Year ended December 31,

 

2023

 

 

2022

 

 

2021

 

Shares

 

 

6,630

 

 

 

5,102

 

 

 

4,906

 

Price per share

 

$23.10

 

 

$29.48 and $24.21

 

 

$27.36 and $32.29

 

 

QNB implemented the Nonqualified Deferred Compensation Plan (NDCP) during 2023 for the benefit of a select group of its management or highly compensated employees. The purpose of the NDCP is to provide a deferred compensation vehicle to which QNB may credit discretionary amounts on behalf of the participants for recruitment and reward. QNB contributed $108,000 to the NDCP in 2023.