North Dallas Bank & Trust Co. Announces Second Quarter Earnings of $0.71 per Share

Rhea-AI Summary

North Dallas Bank & Trust Co. (OTCBB: NODB) reported net earnings of $1,880,378 or $0.73 per share for Q2 2021, a slight increase from $1,833,896 or $0.71 per share in Q2 2020. For the first half of 2021, net earnings totaled $3,649,993 or $1.42 per share, down from $4,195,709 or $1.63 per share in the same period last year. The bank has assets totaling $1.5 billion.

Positive

• Q2 2021 earnings increased slightly year-over-year.
• Current earnings reflect consistent performance.

Negative

• Year-to-date earnings decreased from 2020.
• EPS for the first half of 2021 declined.

DALLAS, July 09, 2021 (GLOBE NEWSWIRE) -- North Dallas Bank & Trust Co. (OTCBB: NODB) announces net earnings of $1,880,378 or $0.73 per share for the three months ending June 30, 2021, compared to $1,833,896 or $0.71 per share for the same period in 2020. Year to date net earnings through the six months ending June 30, 2021 totaled $3,649,993 or $1.42 per share compared to $4,195,709 or $1.63 per share for the same period in 2020.

North Dallas Bank & Trust Co. is an independent bank established in 1961 with five banking centers in the Dallas, Texas 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, CFO.

Assets 1.5 Billion

Contact:
Glenn Henry, EVP and CFO
972.716.7100

FAQ

What were North Dallas Bank & Trust's earnings for Q2 2021?

North Dallas Bank & Trust reported net earnings of $1,880,378 or $0.73 per share for Q2 2021.

How do the year-to-date earnings of NODB compare to 2020?

For the first half of 2021, NODB's earnings were $3,649,993 or $1.42 per share, down from $4,195,709 or $1.63 per share in 2020.

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

North Dallas Bank & Trust has total assets of $1.5 billion.

What is the stock symbol for North Dallas Bank & Trust?

The stock symbol for North Dallas Bank & Trust is NODB.