North Dallas Bank & Trust Co. Announces First Quarter Earnings of $0.92 per Share

Rhea-AI Summary

North Dallas Bank & Trust Co. (OTCBB: NODB) reported net earnings of $1,769,615 or $0.69 per share for Q1 2021, reflecting a decline from $2,361,814 or $0.92 per share in Q1 2020. The bank's total assets stand at $1.5 billion. Earnings for the current period were prepared internally and not reviewed by independent accountants, emphasizing that past performance does not guarantee future results.

Positive

• None.

Negative

• Decrease in net earnings from $2,361,814 in Q1 2020 to $1,769,615 in Q1 2021.
• Earnings per share declined from $0.92 in Q1 2020 to $0.69 in Q1 2021.

DALLAS, April 09, 2021 (GLOBE NEWSWIRE) -- North Dallas Bank & Trust Co. (OTCBB: NODB) announces net earnings of $1,769,615 or $0.69 per share for the three months ending March 31, 2021, compared to $2,361,814 or $0.92 per share for the same period in 2020.

North Dallas Bank & Trust Co. is an independent bank established in 1961 with five locations in the Dallas area. Current earnings were prepared internally without review by the company’s independent accountants. Earnings are the result of past performance, events and market conditions and are not a guarantee of future results. Any forward-looking implications derived from this information may differ materially from actual results. Please direct any questions to Glenn Henry, EVP and CFO.

Assets $1.5B

Contact:
Glenn Henry, EVP and CFO
972.716.7100

FAQ

What were the earnings of North Dallas Bank & Trust Co. (NODB) for Q1 2021?

North Dallas Bank & Trust Co. reported net earnings of $1,769,615, or $0.69 per share for Q1 2021.

How do the Q1 2021 earnings compare to Q1 2020 for NODB?

In Q1 2020, NODB's earnings were $2,361,814, or $0.92 per share, indicating a decline in 2021.

What is the total asset value of North Dallas Bank & Trust Co.?

NODB has total assets valued at $1.5 billion.