Quaint Oak Bancorp, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported net interest income of $1,988,000 against $1,751,000 a year ago. Net interest income after provision for loan losses was $1,893,000 against $1,631,000 a year ago. Income before income taxes was $676,000 against $541,000 a year ago. Net income was $177,000 or $0.09 per diluted share against $455,000 or $0.23 per diluted share a year ago. Book value per share as at December 31, 2017 was $11.55 against $10.99 a year ago. The decrease in net income on a comparative quarterly basis was primarily the result of increases in the provision for income taxes of $413,000 and non-interest expense of $427,000, partially offset by increases in non-interest income of $300,000 and net interest income of $237,000, and a decrease in the provision for loan losses of $25,000. For the year, the company reported net interest income of $7,586,000 against $6,618,000 a year ago. Net interest income after provision for loan losses was $7,302,000 against $6,326,000 a year ago. Income before income taxes was $2,672,000 against $2,234,000 a year ago. Net income was $1,467,000 or $0.74 per diluted share against $1,498,000 or $0.23 per diluted share a year ago. The decrease was primarily the result of increases in the provision for income taxes of $469,000 and non-interest expense of $1.4 million, partially offset by increases in net interest income of $968,000 and non-interest income of $839,000, and a decrease in the provision for loan losses of $8,000.