Qnb Corp · Quakertown, PA United States · (OTC: QNBC)
Company Description
Phone: 215-538-5600
Fax: 215-538-5765
Toll Free: 800-491-9070
More Companies in: Quakertown, Pennsylvania
More Companies in These Related Industries: Commercial Banking
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This link will open in a new window QNB Corp. is not just a bank for the Society of Friends. The financial institution is the holding company for QNB Bank (formerly The Quakertown National Bank), which provides commercial banking services through more than a half-dozen branches serving Bucks, Lehigh, and Montgomery counties in southeastern Pennsylvania. Banking services include savings, checking, and money market accounts; IRAs; and CDs. The bank uses funds from deposits to originate commercial real estate loans (comprising about one-third of its total loan portfolio) and residential real estate loans (another third), as well as agricultural, business, construction, and consumer loans. To read the full description, subscribe now.
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Key Qnb Corp Financials
| Company Type | Public - OTC: QNBC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $23.3 |
| 2008 Employees | 173 |
Qnb Corp Executives
19 executives listed for Qnb Corp's Quakertown, PA location.
| Title | Name & Bio | Contact |
| Chairman | Dennis Helf | |
| President, CEO, Treasurer, and Director; President and CEO, QNB Bank | Thomas Bisko | |
| CFO and Chief Accounting Officer; EVP and CFO, QNB Bank | Bret Krevolin |
Competition
Competitive Landscape for Qnb Corp
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Qnb Corp Competitors
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