North Dallas Bank & Trust Co. Announces Second Quarter Earnings
North Dallas Bank & Trust Co. (NODB) has released its financial results for the second quarter of 2024. The bank reported net earnings of $969,777 or $0.38 per share for the three-month period ending June 30, 2024. For the six-month period, NODB achieved net earnings of $1,684,462 or $0.66 per share.
NODB, an independent community bank founded in 1961, prepared these earnings internally without review by independent accountants. The bank emphasizes that these financial results reflect past performance and market conditions, and should not be considered a guarantee of future results.
North Dallas Bank & Trust Co. (NODB) ha pubblicato i suoi risultati finanziari per il secondo trimestre del 2024. La banca ha riportato utili netti di $969.777 o $0,38 per azione per il periodo di tre mesi conclusosi il 30 giugno 2024. Per il periodo sei mesi, NODB ha ottenuto utili netti di $1.684.462 o $0,66 per azione.
NODB, una banca comunitaria indipendente fondata nel 1961, ha redatto questi utili internamente senza revisione da parte di contabili indipendenti. La banca sottolinea che questi risultati finanziari riflettono le prestazioni passate e le condizioni di mercato, e non devono essere considerati come una garanzia di risultati futuri.
North Dallas Bank & Trust Co. (NODB) ha publicado sus resultados financieros para el segundo trimestre de 2024. El banco reportó ingresos netos de $969,777 o $0.38 por acción para el período de tres meses que finalizó el 30 de junio de 2024. Para el período de seis meses, NODB logró ingresos netos de $1,684,462 o $0.66 por acción.
NODB, un banco comunitario independiente fundado en 1961, preparó estos ingresos internamente sin revisión por parte de contadores independientes. El banco enfatiza que estos resultados financieros reflejan el desempeño pasado y las condiciones del mercado, y no deben considerarse como una garantía de resultados futuros.
North Dallas Bank & Trust Co. (NODB)는 2024년 2분기 재무 결과를 발표했습니다. 2024년 6월 30일로 종료된 3개월 기간 동안 은행은 순이익 $969,777 또는 주당 $0.38을 보고했습니다. 6개월 기간 동안 NODB는 순이익 $1,684,462 또는 주당 $0.66을 달성했습니다.
1961년에 설립된 독립 커뮤니티 은행인 NODB는 독립 회계사에 의한 검토 없이 내부적으로 이러한 수익을 준비했습니다. 은행은 이러한 재무 결과가 과거 성과와 시장 조건을 반영하며, 미래 결과에 대한 보장으로 간주되어서는 안 된다고 강조합니다.
North Dallas Bank & Trust Co. (NODB) a publié ses résultats financiers pour le deuxième trimestre de 2024. La banque a rapporté un bénéfice net de 969 777 $ ou 0,38 $ par action pour la période de trois mois se terminant le 30 juin 2024. Pour la période de six mois, NODB a réalisé un bénéfice net de 1 684 462 $ ou 0,66 $ par action.
NODB, une banque communautaire indépendante fondée en 1961, a préparé ces bénéfices en interne sans examen par des comptables indépendants. La banque souligne que ces résultats financiers reflètent la performance passée et les conditions du marché, et ne doivent pas être considérés comme une garantie de résultats futurs.
North Dallas Bank & Trust Co. (NODB) hat ihre finanziellen Ergebnisse für das zweite Quartal 2024 veröffentlicht. Die Bank berichtete von Nettoeinkünften in Höhe von $969.777 oder $0,38 pro Aktie für den drei-monatigen Zeitraum bis zum 30. Juni 2024. Für den sechsmonatigen Zeitraum erzielte NODB Nettoeinkünfte in Höhe von $1.684.462 oder $0,66 pro Aktie.
NODB, eine unabhängige Gemeinschaftsbank, die 1961 gegründet wurde, hat diese Erträge intern ohne Überprüfung durch unabhängige Buchhalter vorbereitet. Die Bank betont, dass diese finanziellen Ergebnisse die vergangene Leistung und die Marktbedingungen widerspiegeln und nicht als Garantie für zukünftige Ergebnisse angesehen werden sollten.
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DALLAS, July 19, 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.
Media Contact:
Brian C. Jensen
972-716-7124
brian.jensen@ndbt.com
| NORTH DALLAS BANK & TRUST CO. | |||||||||||
| 12900 PRESTON ROAD | |||||||||||
| DALLAS, TEXAS | |||||||||||
| FINANCIAL HIGHLIGHTS | Three Months Ended | Six Months Ended | |||||||||
| June 30 | June 30 | ||||||||||
| Income Statement | 2023 | 2023 | 2023 | 2023 | |||||||
| Interest Income | 19,396,299 | 15,259,838 | 38,118,686 | 29,334,830 | |||||||
| Interest Expense | 10,885,649 | 6,164,576 | 21,341,612 | 11,056,175 | |||||||
| Net Interest Income | 8,510,650 | 9,095,262 | 16,777,074 | 18,278,655 | |||||||
| Provision for Loan Losses | 0 | (150,000 | ) | (440,000 | ) | (450,000 | ) | ||||
| Noninterest Income | 1,409,222 | 1,333,817 | 2,837,935 | 2,711,908 | |||||||
| Noninterest Expenses | (8,768,035 | ) | (8,649,886 | ) | (17,221,354 | ) | (17,221,970 | ) | |||
| Income Before Taxes & Extraordinary | 1,151,837 | 1,629,193 | 1,953,655 | 3,318,593 | |||||||
| Income Tax | (157,060 | ) | (288,714 | ) | (244,193 | ) | (584,334 | ) | |||
| Income Tax Prior Period | (25,000 | ) | 0 | (25,000 | ) | 0 | |||||
| Net Income | 969,777 | 1,340,479 | 1,684,462 | 2,734,259 | |||||||
| Earnings per Share | 0.38 | 0.52 | 0.66 | 1.06 | |||||||
| Six Month Average | |||||||||||
| As of June 30 | Ended June 30 | ||||||||||
| Balance Sheet | 2023 | 2023 | 2023 | 2023 | |||||||
| Total Assets | 1,804,015,338 | 1,684,358,352 | 1,815,665,160 | 1,692,290,129 | |||||||
| Total Loans | 1,218,113,548 | 1,064,477,633 | 1,202,280,136 | 1,036,825,459 | |||||||
| Deposits | 1,485,693,496 | 1,425,914,001 | 1,502,816,939 | 1,483,888,586 | |||||||
| Stockholders' Equity | 166,632,291 | 160,522,874 | 165,127,241 | 160,144,964 | |||||||
| (Prepared internally without review by | |||||||||||
| our independent accountants) | |||||||||||
FAQ
What were North Dallas Bank & Trust's (NODB) earnings for Q2 2024?
How much did NODB earn in the first half of 2024?
When was North Dallas Bank & Trust (NODB) established?
Were NODB's Q2 2024 earnings reviewed by independent accountants?
What does NODB say about the reliability of these financial results for future performance?
