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][4]. Financial Performance - Interest income for the three months ended September 30, 2025, was $21,679,467, an increase from $19,690,721 in the same period of 2024 [4]. - Interest expense decreased to $10,511,837 for the three months ended September 30, 2025, compared to $11,417,563 in 2024 [4]. - Net interest income rose to $11,167,630 for the three months ended September 30, 2025, from $8,273,158 in 2024, reflecting a significant increase [4]. - Noninterest income for the three months was $1,415,333, slightly down from $1,546,280 in 2024 [4]. - Noninterest expenses increased to $9,671,275 from $9,302,724 in the same period of 2024 [4]. - The provision for loan losses was recorded at $(334,000) for the three months, indicating a positive adjustment compared to $0 in 2024 [4]. Balance Sheet Highlights - Total assets as of September 30, 2025, were $1,866,276,212, a slight decrease from $1,867,355,555 in 2024 [4]. - Total loans increased to $1,281,642,359 from $1,211,656,001 in the previous year [4]. - Deposits rose to $1,586,843,853 from $1,543,618,454 in 2024 [4]. - Stockholders' equity increased to $179,838,525 from $170,479,567 in 2024 [4].

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].