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Wednesday, October 26, 2011

QNB Corp. Third Quarter Net Income Increases 43.5%

QUAKERTOWN, Pa., Oct. 26, 2011 /PRNewswire/ -- QNB Corp. (the "Company" or "QNB") (OTC Bulletin Board: QNBC), the parent company of QNB Bank (the "Bank"), reported net income for the third quarter of 2011 of $2,322,000, or $0.73 per share on a diluted basis. This represents a 43.5% increase compared to net income of $1,618,000, or $0.52 per share on a diluted basis, for the same period in 2010. For the nine month period ended September 30, 2011, QNB reported net income of $6,968,000, or $2.21 per sha...continued
     

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