Core Insights - Fidelity Bank has appointed Peter A. Gray as Executive Vice President, Chief Lending Officer, and Market President for the Lehigh Valley, bringing over 20 years of experience in community banking and lending [1][2]. Group 1: Leadership and Experience - Peter A. Gray previously served as Senior Executive Vice President and Chief Operating Officer at another financial institution, focusing on strategic initiatives for efficiency [2]. - Earlier in his career, Gray guided commercial and retail growth across Northeast Pennsylvania [3]. - Gray holds an MBA in Corporate Finance and a BS in Business Management, showcasing a strong educational background [4]. Group 2: Community Engagement - Gray is actively involved in the community, serving on the Board of the Pocono Mountains United Way and the State Theatre of Easton, and has previously contributed to the Lehigh Valley Economic Development Corporation [4]. Group 3: Company Strategy and Vision - Fidelity Bank aims to enhance its commercial lending activities under Gray's leadership, ensuring compliance with regulatory requirements and strategic objectives [5]. - The bank operates 21 full-service offices and emphasizes a unique banking experience, having contributed over 4,500 hours of volunteer time and $1.5 million in donations to local non-profits in 2025 [6].

Core Viewpoint - Fidelity D & D Bancorp, Inc. has declared a first quarter dividend of $0.43 per share for 2026, representing a 7.5% increase from the previous year's dividend of $0.40 per share [1] Group 1: Dividend Announcement - The dividend is scheduled to be paid on March 10, 2026, to shareholders of record as of February 13, 2026 [1] Group 2: Company Overview - Fidelity D & D Bancorp, Inc. operates through The Fidelity Deposit and Discount Bank, serving Lackawanna, Luzerne, Northampton, and Lehigh Counties with 21 full-service community banking offices [2] - The company also offers a digital banking experience through its Online Banking and Fidelity Mobile Banking app [2]

Core Insights - Fidelity D & D Bancorp, Inc. has appointed James Clemente and Rocco A. DelVecchio to its Board of Directors, enhancing its leadership team with experienced professionals [2][5]. Group 1: Appointments - James Clemente has been appointed as a director of the Corporation until the 2028 annual meeting of shareholders, while Rocco DelVecchio will serve until the 2026 annual meeting [2]. - Clemente brings over 45 years of experience in accounting and consulting, specializing in taxation and business acquisitions [3]. - DelVecchio has extensive leadership experience in financial services, having previously served as a consultant for Fidelity Bank and held senior roles at another bank [4]. Group 2: Leadership Statements - Brian J. Cali, Chairman of the Board, emphasized Clemente's expertise in accounting and community involvement as vital for guiding Fidelity Bank's strategic direction [5]. - Daniel J. Santaniello, President & CEO, expressed confidence that the new directors' expertise will contribute to building long-term value for clients and communities [5]. Group 3: Company Overview - Fidelity Bank operates 21 full-service offices across several counties and offers a digital banking experience [6]. - The bank has a strong commitment to community service, having provided over 5,960 hours of volunteer time and over $1.5 million in donations to non-profits in 2024 [6].

Core Insights - Fidelity Bank has appointed James Clemente and Rocco DelVecchio to its Board of Directors, enhancing its leadership team with experienced professionals in accounting and financial services [1][2]. Group 1: Appointments - James Clemente has been elected as a director of Fidelity D & D Bancorp, Inc. until the 2028 annual meeting of shareholders, while Rocco DelVecchio will serve until the 2026 annual meeting [2]. - Clemente brings over 45 years of experience in accounting and consulting, specializing in taxation and business acquisitions, and has previously served as a director for another local community bank [3]. - DelVecchio has extensive leadership experience in financial services, having held senior roles at another bank and most recently served as a consultant for Fidelity Bank [4]. Group 2: Leadership Statements - Brian J. Cali, Chairman of the Board, emphasized Clemente's expertise in accounting and community involvement as vital for guiding Fidelity Bank's strategic direction [5]. - Cali also highlighted DelVecchio's leadership and banking experience as significant assets for the Board, reflecting the values of Fidelity Bank [5]. - Daniel J. Santaniello, President & CEO, expressed confidence that the new directors' expertise will contribute to building long-term value for clients and communities [5]. Group 3: Company Overview - Fidelity Bank operates 21 full-service offices across several counties and offers a digital banking experience [6]. - The bank has a commitment to community service, having provided over 5,960 hours of volunteer time and over $1.5 million in donations to non-profit organizations in 2024 [6].

Core Insights - Fidelity Bank has appointed Charles Hangen as Senior Vice President and Chief Risk Officer, emphasizing the importance of risk management in the current financial landscape [1][2][3] Company Overview - Fidelity Bank operates 21 full-service offices across Lackawanna, Luzerne, Lehigh, and Northampton Counties, along with a limited production commercial office and a Wealth Management Office [5] - The bank aims to exceed client expectations through a unique banking experience and has contributed over 5,960 hours of volunteer time and over $1.5 million in donations to non-profit organizations in 2024 [5] Leadership and Expertise - Charles Hangen brings extensive expertise in risk management and strategic leadership, with a strong background in regulatory frameworks [2][3] - Hangen's role will focus on enhancing the enterprise risk management framework and adapting policies to meet evolving financial challenges [2][3] Community Engagement - Hangen is actively involved in his community, serving as an assistant coach for local sports teams, reflecting the bank's commitment to community service [4]

Core Insights - Fidelity D & D Bancorp, Inc. reported strong financial results for the second quarter and first half of 2025, with net income increasing by 40% year-over-year for the quarter and 29% for the year-to-date period [2][3][4]. Financial Performance - For the quarter ended June 30, 2025, net income was $6.9 million, or $1.20 diluted earnings per share, compared to $4.9 million, or $0.86 diluted earnings per share, for the same quarter in 2024, marking a $2.0 million increase [2][4]. - Year-to-date net income for the six months ended June 30, 2025, was $12.9 million, or $2.23 diluted earnings per share, up from $10.0 million, or $1.73 diluted earnings per share, for the same period in 2024, reflecting a $2.9 million increase [3][5]. Revenue Breakdown - The increase in net income for the second quarter was primarily driven by a $2.8 million increase in net interest income and a $0.8 million increase in non-interest income [2][4]. - For the six months ended June 30, 2025, net interest income rose by $4.9 million, attributed to a $6.4 million increase in interest income, driven by a $181.0 million increase in the average balance of interest-earning assets [13][14]. Expense Management - Non-interest expenses increased by $1.1 million, or 8%, for the second quarter of 2025, primarily due to higher salaries and benefits [11][17]. - Year-to-date non-interest expenses rose to $29.3 million, an increase of $2.0 million, or 7%, compared to the same period in 2024 [17]. Asset Quality - Total non-performing assets decreased to $3.5 million, or 0.13% of total assets, at June 30, 2025, down from $7.8 million, or 0.30% of total assets, at December 31, 2024 [22]. - The provision for credit losses on loans was $755 thousand for the six months ended June 30, 2025, compared to $400 thousand for the same period in 2024 [15]. Balance Sheet Highlights - As of June 30, 2025, total assets were $2.7 billion, an increase of $114.0 million from December 31, 2024, driven by growth in cash and cash equivalents and the loans and leases portfolio [19][21]. - Shareholders' equity increased by $13.9 million, or 7%, to $217.9 million at June 30, 2025, from $204.0 million at December 31, 2024 [21]. Capital Position - The company remains well-capitalized, with Tier 1 capital at 9.16% of total average assets and total risk-based capital at 14.72% of risk-weighted assets as of June 30, 2025 [21].

Core Points - Fidelity D & D Bancorp, Inc. has declared a third quarter dividend of $0.40 per share, payable on September 10, 2025, to shareholders of record as of August 15, 2025 [1] Company Overview - Fidelity D & D Bancorp, Inc. operates through The Fidelity Deposit and Discount Bank, serving Lackawanna, Luzerne, Northampton, and Lehigh Counties with 21 full-service community banking offices [2] - The company also offers a digital banking experience through its Online Banking and Fidelity Mobile Banking app [2] Investor Relations - Additional information can be found on the company's investor relations website at www.bankatfidelity.com [3]

Group 1 - The Board of Directors of Fidelity D & D Bancorp, Inc. declared a second quarter dividend of $0.40 per share, payable on June 10, 2025, to shareholders of record as of May 20, 2025 [1] - Fidelity D & D Bancorp, Inc. operates 21 full-service community banking offices across Lackawanna, Luzerne, Northampton, and Lehigh Counties, and offers digital banking services through its Online Banking and Fidelity Mobile Banking app [2] - The company provides wealth management services through its Fidelity Bank Wealth Management Minersville Office located in Schuylkill County [2] Group 2 - For further information, Fidelity D & D Bancorp, Inc. directs interested parties to visit their investor relations website at www.bankatfidelity.com [3]