QNB Corp. (QNB) is a bank holding company. The Company conducts its business through its wholly owned 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. These banking services consist of attracting deposits and using these funds in making commercial loans, residential mortgage loans, consumer loans, and purchasing investment securities. These deposits are in the form of time, demand and savings accounts. Time deposits include certificates of deposit and individual retirement accounts. The Bank�s demand and savings accounts include money market accounts, interest-bearing demand accounts (including checking account), club accounts, traditional statement savings accounts, and a high-yield online savings account. As of December 31, 2011, QNB had total loans of $489.93 million and total deposits of $750.71 million.