North Dallas Bank & Trust Co. reports recurring developments for an independent Texas community bank traded under NODB. Company news centers on regular dividend declarations, board and governance updates, and the bank’s community banking presence across Dallas, Addison, Frisco, Las Colinas, and Plano.
NDBT was founded in 1961 and provides banking solutions, wealth management, and online banking tools. Its updates generally reflect board actions, capital-return decisions, and corporate developments tied to its role as a locally focused banking institution.
On June 18, 2024, the Board of Directors of North Dallas Bank & Trust Co. (OTCBB: NODB) declared a regular dividend of $0.10 per share. The dividend will be payable to shareholders of record as of July 12, 2024, and distributed on July 19, 2024. This dividend reflects the current financial health of NDBT but does not guarantee future dividend payments.
NDBT, founded in 1961, is an independent community bank with five centers in Dallas, Addison, Frisco, Las Colinas, and Plano. The company provides comprehensive banking solutions, wealth management, and online banking tools. For more information, visit www.ndbt.com or contact the media representative, Brian C. Jensen.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
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.