CORRECTION -- North Dallas Bank & Trust Co. Announces Third Quarter Earnings
North Dallas Bank & Trust Co. (OTC: NODB) reported its financial results for Q3 2024. The bank achieved net earnings of $502,493, or $0.20 per share, for the three-month period ending September 30, 2024. For the nine-month period, the bank recorded net earnings of $2,186,955, or $0.85 per share. The earnings figures were prepared internally and have not been reviewed by independent accountants.
North Dallas Bank & Trust Co. (OTC: NODB) ha riportato i suoi risultati finanziari per il terzo trimestre del 2024. La banca ha registrato un utile netto di $502.493, ovvero $0,20 per azione, per il periodo di tre mesi conclusosi il 30 settembre 2024. Per il periodo di nove mesi, la banca ha riportato un utile netto di $2.186.955, o $0,85 per azione. I dati sugli utili sono stati elaborati internamente e non sono stati revisionati da contabili indipendenti.
North Dallas Bank & Trust Co. (OTC: NODB) informó sus resultados financieros para el tercer trimestre de 2024. El banco logró ganancias netas de $502,493, o $0.20 por acción, para el período de tres meses que finalizó el 30 de septiembre de 2024. Para el período de nueve meses, el banco registró ganancias netas de $2,186,955, o $0.85 por acción. Las cifras de ganancias fueron preparadas internamente y no han sido revisadas por contadores independientes.
노스 댈러스 은행 & 트러스트 컴퍼니 (OTC: NODB)는 2024년 3분기 재무 실적을 발표했습니다. 이 은행은 2024년 9월 30일로 종료되는 3개월 동안 순수익 $502,493, 즉 주당 $0.20를 기록했습니다. 9개월 동안 은행은 순수익 $2,186,955, 즉 주당 $0.85를 기록했습니다. 수익 수치는 내부적으로 준비되었으며 독립 회계사에 의해 검토되지 않았습니다.
North Dallas Bank & Trust Co. (OTC: NODB) a publié ses résultats financiers pour le troisième trimestre 2024. La banque a réalisé un bénéfice net de $502,493, soit $0,20 par action, pour la période de trois mois se terminant le 30 septembre 2024. Pour la période de neuf mois, la banque a enregistré un bénéfice net de $2,186,955, ou $0,85 par action. Les chiffres de bénéfices ont été établis en interne et n'ont pas été examinés par des comptables indépendants.
Die North Dallas Bank & Trust Co. (OTC: NODB) hat ihre Finanzergebnisse für das dritte Quartal 2024 veröffentlicht. Die Bank erzielte netto Einnahmen von $502.493, oder $0,20 pro Aktie, für den drei Monate dauernden Zeitraum, der am 30. September 2024 endete. Für den Zeitraum von neun Monaten verzeichnete die Bank netto Einnahmen von $2.186.955, oder $0,85 pro Aktie. Die Einnahmezahlen wurden intern erstellt und wurden nicht von unabhängigen Buchhaltern überprüft.
- Q3 2024 net earnings of $502,493
- Nine-month net earnings of $2,186,955
- Positive EPS of $0.20 for Q3 2024
- Nine-month EPS of $0.85
- None.
In a release issued earlier today under the same headline by North Dallas Bank & Trust Co., (OTC: NODB) please note that the word "Second" in the headline should instead read "Third". The release follows:
DALLAS, Oct. 25, 2024 (GLOBE NEWSWIRE) -- NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced net earnings for three months of
Earnings were prepared internally without review by the company’s independent accountants. Financial results are the results of past performance, events and market conditions, and are not a guarantee for future results. Any forward-looking implications derived from this information may differ materially from actual results.
Further information about the earning and financial performance is available from Glenn Henry, Chief Financial Officer, by contacting NDBT.
ABOUT NDBT
Founded in 1961, NDBT (North Dallas Bank & Trust Co.) is an independent community bank with five banking centers located in Dallas, Addison, Frisco, Las Colinas, and Plano. Headquartered on the corner of Preston Road and LBJ at 12900 Preston Road in Dallas, NDBT is dedicated to helping people make smarter choices in business and life by offering authentic banking solutions, wealth management, and innovative online banking tools. NDBT is Member FDIC and an Equal Housing Lender. For more information, call 972.716.7100, or visit online at www.ndbt.com.
| NORTH DALLAS BANK & TRUST CO. | |||||||||||
| 12900 PRESTON ROAD | |||||||||||
| DALLAS, TEXAS | |||||||||||
| FINANCIAL HIGHLIGHTS | Three Months Ended | Nine Months Ended | |||||||||
| September 30 | September 30 | ||||||||||
| Income Statement | 2024 | 2023 | 2024 | 2023 | |||||||
| Interest Income | 19,690,721 | 16,080,200 | 57,809,406 | 45,415,030 | |||||||
| Interest Expense | 11,417,563 | 8,497,071 | 32,759,175 | 19,553,246 | |||||||
| Net Interest Income | 8,273,158 | 7,583,129 | 25,050,231 | 25,861,784 | |||||||
| Provision for Loan Losses | 0 | 0 | (440,000 | ) | (450,000 | ) | |||||
| Noninterest Income | 1,546,280 | 1,947,351 | 4,384,215 | 4,659,259 | |||||||
| Noninterest Expenses | (9,302,724 | ) | (8,767,533 | ) | (26,524,077 | ) | (25,989,503 | ) | |||
| Income Before Taxes & Extraordinary | 516,714 | 762,947 | 2,470,369 | 4,081,540 | |||||||
| Income Tax | (14,221 | ) | (95,021 | ) | (258,414 | ) | (679,355 | ) | |||
| Income Tax Prior Period | (25,000 | ) | 0 | (25,000 | ) | 0 | |||||
| Net Income | 502,493 | 667,926 | 2,186,955 | 3,402,185 | |||||||
| Earnings per Share | 0.20 | 0.26 | 0.85 | 1.32 | |||||||
| Nine Month Average | |||||||||||
| As of September 30 | Ended September 30 | ||||||||||
| Balance Sheet | 2024 | 2023 | 2024 | 2023 | |||||||
| Total Assets | 1,867,355,555 | 1,728,752,439 | 1,819,265,389 | 1,697,914,626 | |||||||
| Total Loans | 1,211,656,001 | 1,133,317,827 | 1,206,729,021 | 1,057,729,435 | |||||||
| Deposits | 1,543,618,454 | 1,468,335,323 | 1,503,472,762 | 1,472,027,210 | |||||||
| Stockholders' Equity | 170,479,567 | 160,495,368 | 166,294,611 | 160,534,861 | |||||||
| (Prepared internally without review by | |||||||||||
| our independent accountants) | |||||||||||
Media Contact:
Brian C. Jensen
972-716-7124
brian.jensen@ndbt.com
FAQ
What were North Dallas Bank & Trust's (NODB) Q3 2024 earnings?
What was NODB's nine-month earnings for the period ending September 30, 2024?
Were NODB's Q3 2024 earnings reviewed by independent accountants?
