North Dallas Bank & Trust Co. Announces Third Quarter Earnings of $0.84 per Share

Rhea-AI Summary

North Dallas Bank & Trust Co. (OTCBB: NODB) reported net earnings of $2,151,043 or $0.84 per share for Q3 2021, up from $2,062,170 or $0.80 per share in Q3 2020. Year-to-date net earnings totaled $5,801,036 or $2.26 per share, down from $6,257,888 or $2.44 per share for the same period last year. The bank, established in 1961, has assets totaling $1.6 billion. The earnings report was prepared internally, and future performance may vary.

Positive

• Q3 2021 net earnings of $2,151,043 reflect a year-over-year increase.
• Earnings per share rose to $0.84 in Q3 2021 from $0.80 in Q3 2020.

Negative

• Year-to-date net earnings decreased to $5,801,036 from $6,257,888 year-over-year.
• Year-to-date earnings per share dropped from $2.44 to $2.26.

DALLAS, Oct. 08, 2021 (GLOBE NEWSWIRE) -- North Dallas Bank & Trust Co. (OTCBB: NODB) announces net earnings of $2,151,043 or $0.84 per share for the three months ending September 30, 2021, compared to $2,062,170 or $0.80 per share for the same period in 2020. Year to date net earnings through the nine months ending September 30, 2021 totaled $5,801,036 or $2.26 per share compared to $6,257,888 or $2.44 per share for the same period in 2020.

North Dallas Bank & Trust Co. is an independent bank established in 1961 with five locations in Dallas area. The 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 $1.6B

Contact:
Glenn Henry, EVP and CFO
972.716.7100

FAQ

What were North Dallas Bank & Trust's earnings for Q3 2021?

North Dallas Bank & Trust reported net earnings of $2,151,043 or $0.84 per share for Q3 2021.

How did North Dallas Bank & Trust's year-to-date earnings compare to 2020?

For the year-to-date ending September 30, 2021, net earnings were $5,801,036, down from $6,257,888 for the same period in 2020.

What are the total assets of North Dallas Bank & Trust?

North Dallas Bank & Trust has total assets of $1.6 billion.