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Quaint Oak Bank Announces Its Newest Endeavor Oakmont Commercial, LLC

Quaint Oak Bank Announces Its Newest Endeavor Oakmont Commercial, LLC
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Quaint Oak Bank Announces Its Newest Endeavor Oakmont Commercial, LLC

Press release content from Globe Newswire. The AP news staff was not involved in its creation. ....

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PHFA recognizes its top lending partners for 2020

PHFA recognizes its top lending partners for 2020
Howard Hanna Financial Services takes top honors
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HARRISBURG, Pa., May 6, 2021 /PRNewswire/ The Pennsylvania Housing Finance Agency today honored its top lending partners for 2020 during its annual homeownership awards event, which was held virtually this year due to the pandemic. These lenders provide a great service to Pennsylvania homebuyers by working with them through the application, processing, and closing of affordable PHFA home loans.
In addition to protecting the health of all event attendees, the virtual event allowed the agency to invite all its lending partners to participate this year. That hasn t been possible in the past due to space and cost limitations. ....

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QUAINT OAK BANCORP, INC. ANNOUNCES FIRST QUARTER EARNINGS

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Southampton, Pennsylvania, May 03, 2021 (GLOBE NEWSWIRE) Quaint Oak Bancorp, Inc. (the Company ) (OTCQB:QNTO), the holding company for Quaint Oak Bank (the Bank ), announced today that net income for the quarter ended March 31, 2021 was $1.0 million, or $0.52 per basic and $0.50 per diluted share, compared to $432,000, or $0.22 per basic and $0.21 per diluted share for the same period in 2020.
Robert T. Strong, President and Chief Executive Officer stated, It is my pleasure to present our earnings release for the first quarter of 2021. Our net income for the quarter ended March 31, 2021 was 138.4% higher than the comparable quarter one year ago amounting to $1.0 million. The increase primarily resulted from an increase in non-interest income coupled with an increase in net interest income. Asset growth also continued, culminating at March 31, 2021 just over $560.0 million. This growth in assets was supported by an increase in deposits of over $84.9 million fu ....

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Quaint Oak Bank Announces Strategic Investment in Oakmont Capital Holdings, LLC

Quaint Oak Bank Announces Strategic Investment in Oakmont Capital Holdings, LLC
Quaint Oak Bank Announces Strategic Investment in Oakmont Capital Holdings, LLC
SOUTHAMPTON, Pa., Jan. 11, 2021 Quaint Oak Bank, the wholly-owned subsidiary of Quaint Oak Bancorp, Inc. (OTCQB: QNTO), announced its strategic investment in Oakmont Capital Holdings, LLC, a multi-state equipment finance company based in West Chester, Pennsylvania with a second significant facility located in Albany, Minnesota.
Oakmont Capital currently operates out of eight States in order to effectively originate across the Country with a seasoned management team led by Joseph P. Leonard along with Megan J. Zoba and Daryn T. Lecy. The combination of Quaint Oak Bank’s investment in Oakmont Capital coupled with Oakmont’s existing operational capabilities, positions Oakmont to expand into a prominent national presence within the equipment finance market. ....

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