QNB Corp. Reports Increased Earnings for Second Quarter 2018

QUAKERTOWN, PA (July 24, 2018) QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the parent company of QNB Bank, reported net income for the second quarter of 2018 of $2,862,000, or $0.82 per share on a diluted basis, compared to net income of $2,386,000, or $0.69 per share on a diluted basis, for the same period in 2017. For the six months ended June 30, 2018, QNB reported net income of $5,797,000, or $1.67 per share on a diluted basis. This compares to net income of $5,246,000, or $1.53 per share on a diluted basis, reported for the same period in 2017.