DALLAS, Dec. 29, 2025 (GLOBE NEWSWIRE) -- NDBT (North Dallas Bank and Trust Co.), a leading Texas community banking organization, announces the addition of Casey Plummer to the Board of Directors. Mr. Plummer was elected to the Board during their monthly meeting in December 2025. He will officially join the Board effective January 1, 2026. Mr. Plummer founded Plummer Development Company of Dallas in 2013. He is currently a principal with the company, leading all aspects of real estate investment, developmen ...

Core Insights - NDBT reported net earnings of $2,153,174 or $0.84 per share for the three months ending September 30, 2025, and net earnings of $5,563,832 or $2.17 per share for the nine months ending September 30, 2025 [1][5]. Financial Performance - Interest income for the three months ended September 30, 2025, was $21,679,467, an increase from $19,690,721 in 2024, while for the nine months, it rose to $62,497,724 from $57,809,406 [5]. - Interest expense decreased to $10,511,837 for the three months in 2025 from $11,417,563 in 2024, and for the nine months, it fell to $31,538,242 from $32,759,175 [5]. - Net interest income increased significantly to $11,167,630 for the three months in 2025 from $8,273,158 in 2024, and for the nine months, it rose to $30,959,482 from $25,050,231 [5]. - Noninterest income for the three months was $1,415,333, slightly down from $1,546,280 in 2024, while for the nine months, it increased to $4,555,246 from $4,384,215 [5]. - Noninterest expenses rose to $9,671,275 for the three months in 2025 from $9,302,724 in 2024, and for the nine months, they increased to $28,447,278 from $26,524,077 [5]. - Income before taxes and extraordinary items was $2,577,688 for the three months in 2025, up from $516,714 in 2024, and for the nine months, it increased to $6,627,450 from $2,470,369 [5]. - Total assets as of September 30, 2025, were $1,866,276,212, a slight decrease from $1,867,355,555 in 2024, while total loans increased to $1,281,642,359 from $1,211,656,001 [5]. - Deposits rose to $1,586,843,853 in 2025 from $1,543,618,454 in 2024, and stockholders' equity increased to $179,838,525 from $170,479,567 [5].

Financial Performance - NDBT reported net earnings of $2,102,943 or $0.82 per share for the three months ending June 30, 2025, and net earnings of $3,410,659 or $1.33 per share for the six months ending June 30, 2025 [1] - Interest income for the three months was $20,840,077, an increase from $19,396,299 in the same period of 2024, while for six months it rose to $40,818,257 from $38,118,686 [4] - Net interest income increased to $10,329,600 for the three months and $19,791,852 for the six months, compared to $8,510,650 and $16,777,074 in 2024 respectively [4] - Noninterest income for the three months was $1,608,863, up from $1,409,222 in 2024, and for six months it increased to $3,139,913 from $2,837,935 [4] - Total assets as of June 30, 2025, were $1,875,281,283, compared to $1,804,015,338 in 2024 [4] Balance Sheet Highlights - Total loans increased to $1,273,740,979 as of June 30, 2025, from $1,218,113,548 in 2024 [4] - Deposits rose to $1,588,704,625 in 2025, compared to $1,485,693,496 in 2024 [4] - Stockholders' equity increased to $176,582,960 in 2025 from $166,632,291 in 2024 [4] Company Overview - NDBT, established in 1961, operates as an independent community bank with five banking centers located in Dallas, Addison, Frisco, Las Colinas, and Plano [3] - The bank focuses on providing authentic banking solutions, wealth management, and innovative online banking tools [3]