Fidelity D & D Bancorp, Inc. Reports First Quarter 2020 Financial Results
Fidelity D & D Bancorp, Inc. (FDBC)
NASDAQ:AMEX Investor Relations:
fidelity.com
Company Research
Source: GlobeNewswire
DUNMORE, Pa., April 29, 2020 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary The Fidelity Deposit and Discount Bank, announced net income for the quarter ended March 31, 2020 of $2.6 million, or $0.69 diluted earnings per share, compared to $2.8 million, or $0.73 diluted earnings per share, for the quarter ended March 31, 2019. The $0.2 million, or 6%, reduction in net income resulted primarily from a $0.5 million increase in non-interest expenses. Operating expenses included $0.3 million, or $0.07 per share, of nonrecurring merger-related expenses, net of tax, incurred during the first quarter of 2020. If not for these merger-related expenses, net income would have otherwise increased $0.1 million, or 3%, when compared to the first quarter 2019 period, driven primarily by higher non-interest income. The Company achieved a $41.8 million, or 5%, increase in average interest-earning assets funded by a $71.3 million increase in average depos
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- Fidelity D & D Bancorp, Inc.: Increases for Ten Consecutive Years with 5% Rise in Fourth Quarter 2024 DividendGlobeNewswire
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FDBC
Sec Filings
- 11/12/24 - Form 10-Q
- 11/8/24 - Form SC
- 10/23/24 - Form 8-K
- FDBC's page on the SEC website