North Dallas Bank & Trust Co. Announces First Quarter Earnings

Rhea-AI Summary

North Dallas Bank & Trust Co. (NDBT) has reported its financial results for Q1 2025, announcing net earnings of $1,307,716 or $0.51 per share for the period ending March 31, 2025. This represents a significant increase from $714,685 ($0.28 per share) in the same period of 2024.

Key financial highlights include:

• Interest income increased to $19.98M from $18.72M
• Net interest income rose to $9.46M from $8.27M
• Total assets reached $1.88B, up from $1.83B
• Total deposits grew to $1.59B from $1.52B
• Total loans expanded to $1.24B from $1.20B

NDBT, founded in 1961, operates as an independent community bank with five banking centers across Dallas, Addison, Frisco, Las Colinas, and Plano.

DALLAS, April 24, 2025 (GLOBE NEWSWIRE) -- NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced net earnings for three months of $1,307,716 or $0.51 per share, for the period ending March 31, 2025.

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
				March 31
Income Statement				2025			2024
Interest Income				19,978,180			18,722,387
Interest Expense				10,515,928			10,455,963
Net Interest Income				9,462,252			8,266,424
Provision for Credit Losses				0			(440,000	)
Noninterest Income				1,531,050			1,428,713
Noninterest Expenses				(9,466,604	)		(8,453,319	)
Income Before Taxes & Extraordinary				1,526,698			801,818
Income Tax				(218,982	)		(87,133	)
Net Income				1,307,716			714,685
Earnings per Share				0.51			0.28
							Three Month Average
	As of March 31						Ended March 31
Balance Sheet	2025			2024			2025			2024
Total Assets	1,877,362,025			1,832,966,265			1,880,610,912			1,807,631,873
Total Loans	1,243,202,542			1,199,991,678			1,250,054,847			1,196,779,701
Deposits	1,594,703,504			1,517,726,655			1,599,360,667			1,498,970,001
Stockholders' Equity	173,736,749			164,835,517			172,762,422			164,583,709
(Prepared internally without review by
our independent accountants)

Media Contact:
Brian C. Jensen
972-716-7124
brian.jensen@ndbt.com

FAQ

How much did NDBT's earnings per share increase in Q1 2025 compared to Q1 2024?

NDBT's earnings per share increased from $0.28 in Q1 2024 to $0.51 in Q1 2025, representing an 82% increase.

What is the total deposit growth for NDBT as of March 31, 2025?

NDBT's total deposits grew to $1.59 billion as of March 31, 2025, up from $1.52 billion in the previous year.

How did NDBT's net interest income perform in Q1 2025?

NDBT's net interest income increased to $9.46 million in Q1 2025, up from $8.27 million in Q1 2024.

What was NDBT's total loan portfolio value as of March 31, 2025?

NDBT's total loan portfolio reached $1.24 billion as of March 31, 2025, compared to $1.20 billion the previous year.

How many banking centers does NDBT operate and where are they located?

NDBT operates five banking centers located in Dallas, Addison, Frisco, Las Colinas, and Plano.