NORTH DALLAS BK&TR CO TEX - NODB STOCK NEWS

NDBT (North Dallas Bank & Trust Co.) reported a net income of $1,393,780 or $0.54 per share for the three months ending March 31, 2023. This marks a decrease from $2,134,090 or $0.83 per share in the same quarter of 2022, primarily due to increased interest expenses on deposits.

The financial results indicate challenges faced by the bank, including a significant drop in earnings year-over-year. Despite the reported earnings, it is crucial to note that results were prepared internally without independent review, emphasizing that future results may vary.

On March 21, 2023, North Dallas Bank & Trust Co. (OTCBB: NODB) declared a regular dividend of $0.33 per share. This dividend is payable to shareholders of record by April 3, 2023, with the payment scheduled for April 7, 2023. While the dividends reflect the bank's current financial condition, they do not guarantee future payments. Founded in 1961, NDBT operates five banking centers across Dallas and neighboring areas, focusing on providing authentic banking solutions and wealth management services.

NDBT (North Dallas Bank & Trust Co.) reported a significant increase in net earnings for Q4 2022, totaling $2,282,820 or $0.89 per share, up from $1,310,944 or $0.51 per share in Q4 2021. For the full year 2022, net earnings reached $9,046,313 or $3.52 per share, compared to $7,111,980 or $2.77 per share in 2021. These results indicate strong growth in profitability as the bank continues to serve the Dallas community. NDBT has five banking centers across the Dallas area and emphasizes innovative banking solutions.

NDBT (North Dallas Bank & Trust Co.) announced a regular dividend of $0.33 per share, declared on December 13, 2022. This dividend is payable to shareholders of record as of December 27, 2022, with payment scheduled for December 30, 2022. The bank reassured that dividends are based on its current financial condition but do not guarantee future payments. NDBT, established in 1961, operates five banking centers in the Dallas area and offers various banking and wealth management services.

NDBT (OTC: NODB), an independent community bank, reported a net income of $2,406,349 or $0.94 per share for Q3 2022, up from $2,151,043 or $0.84 in Q3 2021, reflecting strong loan growth. The bank's total assets reached $1,714,574,342, with total loans of $977,124,602 and deposits of $1,549,447,060. The provision for loan losses was $(1,030,000). These figures highlight NDBT's ongoing commitment to financial growth and stability.