QUAINT OAK BANCORP Business Summary

Quaint Oak Bancorp, Inc. (QNTO) operates as the holding company for Quaint Oak Bank, a Pennsylvania-chartered institution that generates revenue through a dual-stream model of net interest income from its lending portfolio and significant non-interest income from its "Quaint Oak Family of Companies." Its primary business segments include commercial and residential mortgage lending, SBA lending, real estate brokerage, title abstract services, and insurance agency operations. In 2026, the company expanded its revenue base by activating an international correspondent banking business line and pivoting its specialty commercial subsidiary, Oakmont Commercial, to an originate-and-sell model to optimize fee income and capital efficiency. QNTO competes in the Mid-Atlantic regional market against peers such as United Bancorp, Inc., Victory Bancorp, and Mid Penn Bancorp, distinguishing itself through a vertically integrated real estate lifecycle strategy that provides a comprehensive suite of ancillary services rarely found in traditional community banks. The leadership team is led by Robert T. Strong, who serves as Chief Executive Officer and has been with the institution since 2001, bringing over four decades of banking expertise to the firm's strategic direction. In February 2025, William R. Gonzalez was promoted to President while retaining his role as Chief Operating Officer, overseeing the bank’s recent technological modernization and its expansion into international services. Financial operations are managed by Executive Vice President and CFO John J. Augustine, a CPA with over 25 years of experience in financial services, including prior leadership roles at Teleflex and Vista Bancorp. The company is governed by a highly stable Board of Directors, chaired by Robert J. Phillips, with an average director tenure exceeding 22 years. Notable board members include James J. Clarke, Ph.D., a prominent financial consultant and former finance professor, ensuring deep institutional knowledge and disciplined risk management as the firm enters its second century of operation.