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**EXHIBIT      31.2**

**Rule      13a - 14(a)/15d - 14(a)**

**Certification      of the Chief Financial Officer**

| 1. | I                  have reviewed this quarterly                  report on Form 10-QSB of Quaint Oak Bancorp, Inc. (the “small business                  issuer”); |
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| 2. | Based                  on my knowledge, this report                  does not contain any untrue statement of a material fact or omit                  to state                  a material fact necessary to make the statements made, in light                  of the                  circumstances under which such statements were made, not misleading                  with                  respect to the period covered by this                  report; |
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| 3. | Based                  on my knowledge, the                  financial statements, and other financial information included                  in this                  report, fairly present in all material respects the financial condition,                  results of operations and cash flows of the small business issuer                  as of,                  and for, the periods presented in this                  report; |
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| 4. | The                  small business issuer’s other                  certifying officer(s) and I are responsible for establishing and                  maintaining disclosure controls and procedures (as defined in Exchange                  Act                  Rules 13a-15(e) and 15d-15(e)) for the Registrant and                  have: |
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|   | (a) | Designed                  such disclosure controls                  and procedures, or caused such disclosure controls and procedures                  to be                  designed under our supervision, to ensure that material information                  relating to the small business issuer, including its consolidated                  subsidiaries, is made known to us by others within those entities,                  particularly during the period in which this report is being                  prepared; |
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|   | (b) | Evaluated                  the effectiveness of the                  small business issuer’s disclosure controls and procedures and presented                  in this report our conclusions about the effectiveness of the disclosure                  controls and procedures, as of the end of the period covered by                  this                  report based on such evaluation;                  and |
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|   | (c) | Disclosed                  in this report any                  change in the small business issuer’s internal control over financial                  reporting that occurred during the Registrant’s most recent fiscal quarter                  (the small business issuer’s fourth fiscal quarter in the case of an                  annual report) that has materially affected, or is reasonably likely                  to                  materially affect, the small business issuer’s internal control over                  financial reporting; and |
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| 5. | The                  small business issuer’s other                  certifying officer(s) and I have disclosed, based on our most recent                  evaluation of internal control over financial reporting, to the                  small                  business issuer’s auditors and the audit committee of the small business                  issuer’s board of directors (or persons performing the equivalent                  functions): |
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|   | (a) | All                  significant deficiencies and                  material weaknesses in the design or operation of internal control                  over                  financial reporting which are reasonably likely to adversely affect                  the                  small business issuer’s ability to record, process, summarize and report                  financial information; and |
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|  | (b) | Any                  fraud, whether or not material, that involves management or other                  employees who have a significant role in the small business issuer’s                  internal control over financial                  reporting. |
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| Date:                November 14, 2007 | /s/Diane              J. Colyer              |
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|                                        | Diane                J. Colyer               |
|                                        | Operations                Officer            |
|                                        | (principal                financial officer) |