UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
QNB CORP.
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(Name of Issuer)
COMMON STOCK, $0.625 PAR VALUE PER SHARE
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(Title of Class of Securities)
74726N107
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(CUSIP Number)
December 5, 2008
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
1
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CUSIP No. 74726N107
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1 Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Estate of James C. Ebbert
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2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |X|
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3 SEC Use Only
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4 Citizenship or Place of Organization:
USA
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5. Sole Voting Power
0
Number of --------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially
Owned by 0
Each --------------------------------------------------------------
Reporting 7. Sole Dispositive Power:
Person
With 0
--------------------------------------------------------------
8. Shared Dispositive Power
0
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9 Aggregate Amount Beneficially Owned by Each Reporting person:
102,926
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
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11. Percent of Class Represented by Amount in Row (9)
3.28%
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12. Type of Reporting Person (See Instructions)
00
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2
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CUSIP No. 74726N107
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1 Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Thomas J. Bisko
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2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |X|
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3 SEC Use Only
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4 Citizenship or Place of Organization:
USA
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5. Sole Voting Power
52,123 (1)
Number of --------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially
Owned by 325
Each --------------------------------------------------------------
Reporting 7. Sole Dispositive Power:
Person
With 52,123 (1)
--------------------------------------------------------------
8. Shared Dispositive Power
325
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9 Aggregate Amount Beneficially Owned by Each Reporting person:
102,926
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
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11. Percent of Class Represented by Amount in Row (9)
3.26%
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12. Type of Reporting Person (See Instructions)
IN (co-executor of the Estate of James C. Ebbert)
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(1) Pursuant to SEC Rule 13d-3(d)(1), includes options to purchase 31,216
shares of common stock.
3
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CUSIP No. 74726N107
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1 Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Philip D. Miller
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2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) |_|
(b) |X|
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3 SEC Use Only
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4 Citizenship or Place of Organization:
USA
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5. Sole Voting Power
50,478
Number of --------------------------------------------------------------
Shares 6. Shared Voting Power
Beneficially
Owned by 0
Each --------------------------------------------------------------
Reporting 7. Sole Dispositive Power:
Person
With 50,478
--------------------------------------------------------------
8. Shared Dispositive Power
0
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9 Aggregate Amount Beneficially Owned by Each Reporting person:
102,926
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) |_|
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11. Percent of Class Represented by Amount in Row (9)
3.26%
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12. Type of Reporting Person (See Instructions)
IN (co-executor of the Estate of James C. Ebbert)
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4
Item 1. (a) Name of Issuer:
QNB CORP.
(b) Address of Issuer's Principal Executive Offices:
15 NORTH THIRD STREET, QUAKERTOWN, PENNSYLVANIA 18951-9005
Item 2. (a) Name of Person Filing:
(i) Thomas J. Bisko, Co-Executor of the Estate of James C
Ebbert
(ii) Philip D. Miller, Co-Executor of the Estate of James C
Ebbert
(iii) Estate of James C. Ebbert
(b) Address of Principal Business Office or, if none, Residence:
c/o QNB CORP.
15 NORTH THIRD STREET, QUAKERTOWN, PENNSYLVANIA 18951-9005
(c) Citizenship:
USA
(d) Title of Class of Securities:
COMMON STOCK, $0.625 PAR VALUE PER SHARE
(e) CUSIP Number:
74726N107
Item 3.
Item 4. Ownership.
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in
Item 1.
A. Estate of James C. Ebbert, Thomas J. Bisko and Philip D.
Miller, co-executors
(a) Amount beneficially owned:
0
(b) Percent of class:
0%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
0
(ii) Shared power to vote or to direct the vote
0
(iii) Sole power to dispose or to direct the disposition
of
0
(iv) Shared power to dispose or to direct the
disposition of
0
B. Thomas J. Bisko, co-executor of the estate of James C. Ebbert
(a) Amount beneficially owned:
52,448
(b) Percent of class:
1.67%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
52,123
(ii) Shared power to vote or to direct the vote
325
(iii) Sole power to dispose or to direct the disposition
of
52,123
(iv) Shared power to dispose or to direct the
disposition of
325
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C. Philip D. Miller, co-executor of he Estate of James C. Ebbert
(a) Amount beneficially owned:
50,478
(b) Percent of class:
1.61%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
50,478
(ii) Shared power to vote or to direct the vote
0
(iii) Sole power to dispose or to direct the disposition
of
50,478
(iv) Shared power to dispose or to direct the
disposition of
0
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than 5 percent of the class of securities, check the
following |X|
Item 6. Ownership of More than Five Percent on Behalf of Another Person
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company or
Control Person.
N/A
Item 8. Identification and Classification of Members of the Group
N/A
Item 9. Notice of Dissolution of Group
As of December 5, 2008, all shares of common stock of QNB Corp. held
by the Estate of James C. Ebbert were transferred. Accordingly, as
of such date, all further filings with respect to transactions in
the common stock of QNB Corp. will be filed, if required, by the
reporting persons, in their individual capacities. See Item 5.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of such securities and were
not acquired and are not held in connection with or as a participant
in any transaction having that purpose or effect.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: January 27, 2009
ESTATE OF JAMES C. EBBERT
By: /s/ Thomas J. Bisko
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Thomas J. Bisko, Co-Executor
/s/ Thomas J. Bisko
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Thomas J. Bisko
/s/ Thomas J. Bisko, as Attorney-In-Fact
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Philip D. Miller
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EXHIBIT A
Agreement of Joint Filing
The undersigned hereby agree that they are filing jointly pursuant to Rule
13d-1(k)(1) of the Securities Exchange Act of 1934, as amended, the statement
dated April 29, 2008, as amended, containing the information required by
Schedule 13G for the shares of common stock, $0.625 par value per share, of QNB
Corp. previously held by the Estate of James C. Ebbert and Thomas J. Bisko and
Philip D. Miller, as co-executors of the Estate.
Dated: January 27, 2009 ESTATE OF JAMES C. EBBERT
By: /s/ Thomas J. Bisko
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Thomas J. Bisko, Co-Executor
/s/ Thomas J. Bisko
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Thomas J. Bisko
/s/ Thomas J. Bisko, as Attorney-In-Fact
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Philip D. Miller
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