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Note 3 - Earnings Per Share - Weighted Average Shares Used in Basic and Dilutive Earnings Per Share Computations (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net Income (Loss) Attributable to Quaint Oak Bancorp, Inc. $ 243,000 $ (255,000) $ 1,216,000 $ 878,000
Weighted average shares outstanding – basic (in shares) 2,631,048 2,244,163 2,560,993 2,221,441
Effect of dilutive common stock equivalents (in shares) 0 16,013 0 33,874
Adjusted weighted average shares outstanding – diluted (in shares) 2,631,048 2,260,176 2,560,993 2,255,315
Basic earnings per share from continuing operations(1) (in dollars per share) [1] $ 0.09 $ 0.02 $ 0.32 $ 0.68
Basic (loss) earnings per share from discontinued operations(1) (in dollars per share) [1] 0 (0.13) 0.15 (0.28)
Basic (loss) earnings per share, net (in dollars per share) 0.09 (0.11) 0.47 0.4
Diluted earnings per share from continuing operations(1) (in dollars per share) [1] 0.09 0.02 0.32 0.66
Diluted earnings (loss) per share from discontinued operations(1) (in dollars per share) [1] 0 (0.13) 0.15 (0.27)
Diluted earnings per share, net (in dollars per share) $ 0.09 $ (0.11) $ 0.47 $ 0.39
[1] Earnings per share from continuing operations and discontinued operations for the nine months ended September 30, 2024 reflect the reclassification of the gain on sale of OCH.