North Dallas Bank & Trust Co. Announces Second Quarter Earnings
North Dallas Bank & Trust Co. (NDBT) has released its financial results for Q3 2024. The community bank reported net earnings of $502,493 ($0.20 per share) for the three-month period and $2,186,955 ($0.85 per share) for the nine months ending September 30, 2024. The earnings report was prepared internally without independent accountant review. NDBT, established in 1961, continues to operate as an independent community bank.
North Dallas Bank & Trust Co. (NDBT) ha pubblicato i risultati finanziari per il terzo trimestre del 2024. La banca comunitaria ha riportato utili netti di $502.493 ($0,20 per azione) per il periodo di tre mesi e $2.186.955 ($0,85 per azione) per i nove mesi che si sono conclusi il 30 settembre 2024. Il rapporto sugli utili è stato redatto internamente senza revisione da parte di un contabile indipendente. Fondato nel 1961, NDBT continua a operare come banca comunitaria indipendente.
North Dallas Bank & Trust Co. (NDBT) ha publicado sus resultados financieros para el tercer trimestre de 2024. El banco comunitario reportó ganancias netas de $502,493 ($0.20 por acción) para el período de tres meses y $2,186,955 ($0.85 por acción) para los nueve meses que finalizaron el 30 de septiembre de 2024. El informe de ganancias fue preparado internamente sin revisión de un contador independiente. Fundado en 1961, NDBT continúa operando como un banco comunitario independiente.
North Dallas Bank & Trust Co. (NDBT)는 2024년 3분기 재무 결과를 발표했습니다. 이 커뮤니티 은행은 3개월 동안 순이익 $502,493 ($0.20 주당)을 보고했으며, 2024년 9월 30일로 끝나는 9개월 동안 $2,186,955 ($0.85 주당)을 보고했습니다. 수익 보고서는 독립 회계사의 검토 없이 내부에서 준비되었습니다. 1961년에 설립된 NDBT는 계속해서 독립적인 커뮤니티 은행으로 운영되고 있습니다.
La North Dallas Bank & Trust Co. (NDBT) a publié ses résultats financiers pour le troisième trimestre de 2024. La banque communautaire a rapporté un bénéfice net de 502 493 $ (0,20 $ par action) pour la période de trois mois et 2 186 955 $ (0,85 $ par action) pour les neuf mois se terminant le 30 septembre 2024. Le rapport sur les bénéfices a été préparé en interne sans révision par un comptable indépendant. Fondée en 1961, NDBT continue de fonctionner en tant que banque communautaire indépendante.
Die North Dallas Bank & Trust Co. (NDBT) hat ihre Finanzresultate für das 3. Quartal 2024 veröffentlicht. Die Gemeinschaftsbank berichtete von Nettoeinkünften in Höhe von $502.493 ($0,20 pro Aktie) für den Zeitraum von drei Monaten und $2.186.955 ($0,85 pro Aktie) für die neun Monate bis zum 30. September 2024. Der Bericht über die Erträge wurde intern ohne Überprüfung durch einen unabhängigen Buchhalter erstellt. NDBT, 1961 gegründet, arbeitet weiterhin als unabhängige Gemeinschaftsbank.
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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 NDBT's (NODB) earnings per share for Q3 2024?
How much did North Dallas Bank & Trust (NODB) earn in the first nine months of 2024?
Were NDBT's (NODB) Q3 2024 earnings independently audited?
When was North Dallas Bank & Trust (NODB) established?
