DALLAS, July 18, 2025 (GLOBE NEWSWIRE) -- NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced net earnings for three months of $2,102,943 or $0.82 per share, and net earnings for six months of $3,410,659 or $1.33 per share, for the periods ending June 30, 2025. 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 guarant ...

Core Insights - NDBT reported net earnings of $1,307,716 or $0.51 per share for the three months ending March 31, 2025, showing a significant increase compared to the previous year [1][5]. Financial Performance - Interest income increased to $19,978,180 in 2025 from $18,722,387 in 2024, reflecting a growth of approximately 6.7% [5]. - Interest expense rose slightly to $10,515,928 in 2025 from $10,455,963 in 2024, indicating a marginal increase [5]. - Net interest income improved to $9,462,252 in 2025, up from $8,266,424 in 2024, marking an increase of about 14.5% [5]. - Noninterest income also saw an increase, reaching $1,531,050 in 2025 compared to $1,428,713 in 2024 [5]. - Noninterest expenses rose to $9,466,604 in 2025 from $8,453,319 in 2024, reflecting an increase of approximately 12% [5]. - Income before taxes and extraordinary items increased significantly to $1,526,698 in 2025 from $801,818 in 2024 [5]. - Net income for the period was $1,307,716, up from $714,685 in the previous year, representing an increase of about 82.7% [5]. - Earnings per share rose to $0.51 in 2025 from $0.28 in 2024, indicating a substantial growth [5]. Balance Sheet Highlights - Total assets increased to $1,877,362,025 in 2025 from $1,832,966,265 in 2024, showing a growth of approximately 2.4% [5]. - Total loans rose to $1,243,202,542 in 2025 from $1,199,991,678 in 2024, reflecting an increase of about 3.6% [5]. - Deposits increased to $1,594,703,504 in 2025 from $1,517,726,655 in 2024, marking a growth of approximately 5.1% [5]. - Stockholders' equity grew to $173,736,749 in 2025 from $164,835,517 in 2024, indicating an increase of about 5.4% [5].