QNB Corp. (OTCMKTS:QNBC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On February 20, 2018, Mary E. Liddle was appointed Chief Accounting Officer of QNB Bank, the registrant’s wholly owned subsidiary (the “Bank”).She will serve as Principal Accounting Officer for the registrant and the Bank.Ms. Liddle, age 54, previously served as Senior Vice President and Controller at Univest Corporation of Pennsylvania from July 2004 through May 2017.
About QNB Corp. (OTCMKTS:QNBC)
QNB Corp. is a bank holding company. The Company conducts its business through its subsidiary, QNB Bank (the Bank). The Bank is engaged in the general commercial banking business and provides a range of banking services to its customers. The banking services consist of attracting deposits and using these funds in making commercial loans, residential mortgage loans, consumer loans and purchasing investment securities. Its loan portfolio includes commercial loans, such as commercial and industrial, construction, and loans secured by commercial real estate and residential real estate, and retail loans, including one- to four-family residential mortgages, home equity loans and lines, and consumer loans. The Company’s investment activities include investment securities available-for-sale and investment securities held-to-maturity. It primarily attracts deposits from within its market area by offering various deposit products, which are in the form of time, demand and savings accounts.
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