Quaint Oak Bancorp reported third-quarter net income of $635,000, or $0.24 per diluted share, a turnaround from the prior-year loss of $41,000. The company also announced its Board approved a program to repurchase up to $5 million of its 11% Senior Unsecured Notes due 2028. Quaint Oak Bancorp is a Pennsylvania-based financial services holding company operating Quaint Oak Bank.
