Thugmuffin
3 years ago
$NODB North Dallas Bank & Trust Co. Declares Regular DividendPress Release | 06/23/2022
DALLAS, June 23, 2022 (GLOBE NEWSWIRE) -- On June 21, 2022, the Board of Directors of North Dallas Bank & Trust Co. (OTCBB: NODB) declared a regular dividend of $0.33 per share, payable to shareholders of record as of July 1, 2022, with said dividend payable on July 8, 2022.
The current dividend represents an increase over regular dividends paid in the prior year and reflects the Bank’s (“NDBT”) preference going forward to reward shareholder’s through payment of regular dividends, as opposed to historic practice of paying both regular and special dividends.
The current dividends are based on NDBT’s current financial condition and are not a guarantee that dividends will continue to be paid in the future. Further information about NDBT’s dividend declaration is available from Glenn Henry, Chief Financial Officer.
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 or on Facebook at www.facebook.com/NDBTMarketing/.
Media Contact:
Brian C. Jensen
972-716-7124
brian.jensen@ndbt.com
Thugmuffin
3 years ago
$NODB North Dallas Bank & Trust Co. Announces First Quarter EarningsPress Release | 04/08/2022
DALLAS, April 08, 2022 (GLOBE NEWSWIRE) -- NDBT (North Dallas Bank & Trust Co.) (OTC: NODB), an independent community bank established in 1961, today announced net earnings of $2,134,090 or $0.83 per share for the three months ending March 31, 2022, compared to $1,769,615 or $0.69 per share for the same period in 2021. The increase in earnings is primarily due to loan growth experienced in the fourth quarter of 2021.
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 dividend declaration 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
Income Statement March 31
2022 2021
Net Interest Income 10,003,740 8,563,716
Provision for Loan Losses (750,000 ) (450,000 )
Noninterest Income 1,522,047 1,210,981
Noninterest Expenses (8,103,819 ) (7,113,392 )
Income Before Taxes & Extraordinary 2,671,968 2,211,305
Income Tax (537,878 ) (441,690 )
Income Before Extraordinary 2,134,090 1,769,615
Extraordinary 0 0
Net Income 2,134,090 1,769,615
Earnings per share 0.83 0.69
Three Month Average
Balance Sheet As of March 31 Ended March 31
2022 2021 2022 2021
Total Assets 1,721,552,043 1,534,391,870 1,694,253,652 1,483,858,828
Total Loans 897,738,044 689,262,541 879,536,104 680,348,843
Deposits 1,548,932,318 1,356,846,084 1,519,559,087 1,307,361,758
Stockholders' Equity 163,872,540 169,583,108 167,674,318 170,326,221
(Prepared internally without review by
our independent accountants)
Media Contact:
Brian C. Jensen
972-716-7124
brian.jensen@ndbt.com
AskMuncher
3 years ago
$NODB North Dallas Bank & Trust Co. Announces Fourth Quarter Earnings
Press Release | 01/10/2022
DALLAS, Jan. 10, 2022 (GLOBE NEWSWIRE) -- NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced net earnings of $1,310,944 or $0.51 per share for the three months ending December 31, 2021, compared to $2,319,733 or $0.90 per share for the same period in 2020. Net earnings for the year ending December 31, 2021 totaled $7,111,980 or $2.77 per share, compared to $8,577,621 or $3.34 per share in 2020.
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 dividend declaration 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.
Media Contact:
Brian C. Jensen
972-716-7124
brian.jensen@ndbt.com
di4
16 years ago
North Dallas Bank & Trust Co. Announces a New Director
Jun 4, 2009 10:50:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesDALLAS, TX -- (MARKET WIRE) -- 06/04/09 -- The North Dallas Bank & Trust Co. (OTCBB: NODB) Board of Directors appointed Michael P. Haggerty, a partner in the Dallas office of Jackson Walker, to the Board.
"We are extremely pleased to have Mr. Haggerty," said Mike Shipman, North Dallas Bank President, CEO and Chairman. "He brings a wealth of knowledge and experience to our team."
Haggerty currently heads Jackson Walker's Finance Practice Group. He has more than 31 years of experience representing financial institutions, including banks, credit companies, and insurance companies, in connection with a variety of real estate, commercial, and corporate lending transactions.
In particular, Haggerty's practice focuses on commercial real estate, including the negotiation, structuring, and documentation of interim and permanent financing of office buildings, shopping centers, retirement facilities, restaurants, industrial properties, and multi-family residential projects.
Haggerty serves on the Executive Committee and is Treasurer and Chairman of the Finance Committee of the YMCA of Metropolitan Dallas. He is also a member the YMCA Foundation of Metropolitan Dallas and the Salesmanship Club. He is listed in the 2006-2009 editions of The Best Lawyers in America under Real Estate Law. Haggerty received his B.B.A. from the University of Georgia and his J.D. from the University of Virginia School of Law.
North Dallas Bank & Trust Co., established in 1961, has more than $1 billion in assets and is a locally owned bank with five locations in the Dallas area.
Media Relations Contact:
Michael Linck
Vice President
(972) 716-7121
Email Contact
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