QUAINT OAK BANCORP INC (QNTO) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans	31.8	24.6	15.7	13.2	11.5	10.2	8.9	8.2
	32.5	25.0	16.3	14.1	12.1	10.6	9.2	8.4
Interest expense:
Interest on deposits	6.0	3.1	4.2	4.3	3.3	2.7	2.4	2.0
Interest on borrowings					0.4	0.2	0.1	0.1
	8.8	4.4	5.5	5.4	3.8	3.0	2.6	2.1
Net interest income	23.7	20.6	10.8	8.7	8.3	7.6	6.6	6.3
Provision for loan losses	2.5	2.2	0.8	0.3	0.4	0.3
Net interest income after provision for loan losses	21.2	18.4	10.0	8.4	7.9	7.3	6.6	6.3
Gain on sale of investments, net								-0.1
Other non-interest income	19.4	12.0	6.7	5.0	3.9	3.4	2.6	2.1
Total non-interest income	19.4	12.0	6.7	5.0	3.9	3.4	2.6	2.0
Non-interest expenses	27.3	21.1	12.1	9.9	9.2	8.1	6.7	6.0
Pre-tax income	13.4	9.3	4.5	3.4	2.7	2.7	2.2	2.0
Income taxes	3.1	2.5	1.3	1.0	0.7	1.2	0.7	0.7
Tax rate	22.9%	26.8%	28.5%	27.7%	25.0%	45.1%	32.9%	36.3%
Minority interest	2.4	0.4
Net income	7.9	6.4	3.2	2.5	2.0	1.5	1.5	1.3
Net margin	19.4%	21.1%	19.5%	18.6%	16.9%	13.7%	15.9%	15.2%

Basic EPS	$3.85	$3.21	$1.64	$1.27	$1.04	$0.79	$0.84	$0.74
Diluted EPS	$3.65	$3.06	$1.61	$1.24	$1.01	$0.74	$0.77	$0.68

Shares outstanding (basic)	2.0	2.0	2.0	2.0	1.9	1.9	1.8	1.7
Shares outstanding (diluted)	2.2	2.1	2.0	2.0	2.0	2.0	1.9	1.9

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.