North Dallas Bank & Trust Co. Announces Fourth Quarter Earnings
North Dallas Bank & Trust Co. (NDBT) has released its financial results for Q4 and full-year 2024. The community bank reported net earnings of $1,267,720 ($0.49 per share) for the fourth quarter and net earnings of $3,454,675 ($1.34 per share) for the full year ended December 31, 2024. The financial results were prepared internally without independent accountant review.
North Dallas Bank & Trust Co. (NDBT) ha pubblicato i risultati finanziari per il quarto trimestre e per l'intero anno 2024. La banca comunitaria ha riportato utili netti di $1.267.720 ($0,49 per azione) per il quarto trimestre e utili netti di $3.454.675 ($1,34 per azione) per l'intero anno conclusosi il 31 dicembre 2024. I risultati finanziari sono stati redatti internamente senza revisione da parte di un contabile indipendente.
North Dallas Bank & Trust Co. (NDBT) ha publicado sus resultados financieros para el cuarto trimestre y el año completo 2024. El banco comunitario reportó ganancias netas de $1,267,720 ($0.49 por acción) para el cuarto trimestre y ganancias netas de $3,454,675 ($1.34 por acción) para el año completo que finalizó el 31 de diciembre de 2024. Los resultados financieros fueron preparados internamente sin revisión de un contador independiente.
North Dallas Bank & Trust Co. (NDBT)는 2024년 4분기와 전체 연도 재무 결과를 발표했습니다. 지역 은행은 4분기에 1,267,720달러(주당 0.49달러)의 순이익을, 2024년 12월 31일로 종료된 전체 연도에는 3,454,675달러(주당 1.34달러)의 순이익을 기록했습니다. 재무 결과는 독립 회계사의 검토 없이 내부적으로 준비되었습니다.
North Dallas Bank & Trust Co. (NDBT) a publié ses résultats financiers pour le quatrième trimestre et l'année complète 2024. La banque communautaire a rapporté un bénéfice net de 1 267 720 $ (0,49 $ par action) pour le quatrième trimestre et un bénéfice net de 3 454 675 $ (1,34 $ par action) pour l'année complète se terminant le 31 décembre 2024. Les résultats financiers ont été préparés en interne sans examen par un comptable indépendant.
North Dallas Bank & Trust Co. (NDBT) hat ihre Finanzresultate für das vierte Quartal und das gesamte Jahr 2024 veröffentlicht. Die Gemeindebank meldete Nettoeinnahmen von 1.267.720 US-Dollar (0,49 US-Dollar pro Aktie) für das vierte Quartal und Nettoeinnahmen von 3.454.675 US-Dollar (1,34 US-Dollar pro Aktie) für das gesamte Jahr, das am 31. Dezember 2024 endete. Die Finanzresultate wurden intern ohne unabhängige Buchprüfung erstellt.
- Q4 2024 net earnings of $1.27M ($0.49 per share)
- Full-year 2024 net earnings of $3.45M ($1.34 per share)
- Financial results prepared internally without independent accountant review
DALLAS, Jan. 17, 2025 (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 | Twelve Months Ended | |||||||||
| December 31 | December 31 | ||||||||||
| Income Statement | 2024 | 2023 | 2024 | 2023 | |||||||
| Interest Income | 20,704,579 | 17,379,498 | 78,513,985 | 62,794,529 | |||||||
| Interest Expense | 11,295,939 | 9,488,902 | 44,055,113 | 29,042,148 | |||||||
| Net Interest Income | 9,408,640 | 7,890,596 | 34,458,872 | 33,752,381 | |||||||
| Provision for Loan Losses | 0 | 0 | (440,000 | ) | (450,000 | ) | |||||
| Noninterest Income | 1,547,692 | 1,315,404 | 5,931,907 | 5,974,664 | |||||||
| Noninterest Expenses | (9,482,520 | ) | (8,833,769 | ) | (36,006,598 | ) | (34,823,274 | ) | |||
| Income Before Taxes & Extraordinary | 1,473,812 | 372,231 | 3,944,181 | 4,453,771 | |||||||
| Income Tax | (206,092 | ) | 2,926 | (464,506 | ) | (676,429 | ) | ||||
| Income Tax Prior Period | 0 | 0 | (25,000 | ) | 0 | ||||||
| Net Income | 1,267,720 | 375,157 | 3,454,675 | 3,777,342 | |||||||
| Earnings per Share | 0.49 | 0.15 | 1.34 | 1.47 | |||||||
| Twelve Month Average | |||||||||||
| As of December 31 | Ended December 31 | ||||||||||
| Balance Sheet | 2024 | 2023 | 2024 | 2023 | |||||||
| Total Assets | 1,909,713,245 | 1,771,144,330 | 1,838,701,293 | 1,710,498,702 | |||||||
| Total Loans | 1,257,077,790 | 1,190,277,991 | 1,215,248,095 | 1,081,065,097 | |||||||
| Deposits | 1,631,526,035 | 1,480,179,142 | 1,526,545,610 | 1,475,393,497 | |||||||
| Stockholders' Equity | 171,158,049 | 163,995,395 | 167,445,594 | 160,824,549 | |||||||
| (Prepared internally without review by | |||||||||||
| our independent accountants) | |||||||||||
Media Contact:
Brian C. Jensen
972-716-7124
brian.jensen@ndbt.com
FAQ
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