DALLAS, TX (April 7, 2022) – NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced net earnings of $1,393,780 or $0.54 per share for the three months ending March 31, 2023, compared to $2,134,090 or $0.83 per share for the same period in 2022. The decrease in earnings is primarily due to increasing interest paid on deposits.
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. View financial highlights here.
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.
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Brian C. Jensen