Tranche Update on Quaint Oak Bancorp, Inc.'s Equity Buyback Plan announced on February 26, 2014.
January 30, 2019 at 09:41 pm
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From October 1, 2018 to December 31, 2018, the company has repurchased 14,344 shares, for $0.18 million. With this, the company has completed the repurchase of 69,432 shares, for $0.76 million under the buyback announced on February 26, 2014.
Quaint Oak Bancorp, Inc. is the holding company for Quaint Oak Bank. Quaint Oak Bank's primary business consists of attracting deposits from the general public through a variety of deposit programs and investing such deposits principally in commercial real estate loans, commercial business loans, one-to-four family residential non-owner occupied loans, multi-family residential loans, construction loans, one-to-four family residential owner occupied loans, and home equity loans. Quaint Oak Bank originates loans to businesses for working capital, purchase of a business, tenant improvements, receivables, purchase of inventory and various others. In addition, Quaint Oak Bank offers mortgage banking, multi-state specialty commercial real estate financing and equipment financing, real estate sales, title abstract and insurance services through its subsidiary companies. Quaint Oak Bank serves its customers through its offices as well as through correspondence, telephone and on-line banking.
QUAINT OAK BANCORP, INC. 
