Fidelity D & D Bancorp Inc (FDBC) 32.5001 $FDBC
Fidelity D & D Bancorp, Inc. Reports Second Quarter 2016 Financial Results
GlobeNewswire - Wed Jul 27, 10:36AM CDT
Fidelity D & D Bancorp, Inc., (OTCBB:FDBC), parent company of The Fidelity Deposit and Discount Bank, announced net income for the quarter ended June 30, 2016 of $1.9 million, an improvement of over $0.1 million, or 8%, compared to $1.8 million for the same 2015 quarter. Earnings improvement resulted from higher revenue coupled with lower expenses. The Company increased interest-earning assets from the continued focus on its relationship management strategy. Operating expenses were lower due mostly to a prepayment penalty paid for the early payoff of long-term debt in the second quarter of 2015. Income tax expense increased in 2016 when compared with 2015 as a result of an Internal Revenue Service (IRS) audit adjustment which reduced income tax expense in 2015. The adjustment fully mitigated the effect of the increased operating expenses on net income for the second quarter of 2015. Earnings per share on a diluted basis was $0.79 and $0.73 for the quarters ended June 30, 2016 and 2015, respectively.
Fidelity D & D Bancorp, Inc. Increases Second Quarter 2016 Dividend
GlobeNewswire - Wed May 04, 12:47PM CDT
The Board of Directors of Fidelity D & D Bancorp, Inc. (OTCBB:FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company's second quarter dividend of $0.29 per share, a 7% increase above the previous quarterly payment of $0.27 per share. The dividend is payable June 10, 2016 to shareholders of record at the close of business on May 20, 2016.
Fidelity D & D Bancorp, Inc. Reports Better First Quarter 2016 Financial Results
GlobeNewswire - Wed Apr 27, 10:09AM CDT
Fidelity D & D Bancorp, Inc., (OTCBB:FDBC), parent company of The Fidelity Deposit and Discount Bank, announced net income for the quarter ended March 31, 2016 of $1.7 million, an improvement of over $0.1 million, or 8%, compared to $1.6 million for the first quarter of 2015. Higher revenue more than offset the increase in non-interest expenses, when compared to the first quarter of 2015. Earnings per share on a diluted basis for the quarter were $0.69 and $0.64 for the three months ended March 31, 2016 and 2015, respectively.
Fidelity D & D Bancorp, Inc. Reports Improved 2015 Financial Results
GlobeNewswire - Wed Feb 03, 9:47AM CST
Fidelity D & D Bancorp, Inc. (OTCBB:FDBC), parent company of The Fidelity Deposit and Discount Bank, announces net income for the year ended December 31, 2015 of $7.1 million, or $2.90 diluted earnings per share, a 12% increase compared to net income for the year ended December 31, 2014 of $6.4 million, or $2.62 diluted earnings per share. The increase resulted primarily from improving revenue by $1.6 million, or 7%, more net interest income earned plus the $0.2 million more other income. Earnings improvement resulted from strategic growth attributed to a relationship management strategy producing $52.1 million growth in annual average earning assets. This growth was funded by a $57.0 million increase in average deposit balances plus a $4.8 million average balance increase of shareholder's equity, partially offset by a $10.1 million reduction in the combined average borrowings and debt level, compared to the prior year. This revenue supported the $1.3 million upturn within other expenses from increases in salaries and benefits, marketing, and professional services. Furthermore, the Company incurred a $0.6 million pre-payment penalty expense, $0.4 million after tax, on a $10 million early pay-off of long-term debt in June 2015. Also during the 2015 second quarter, an IRS audit concluded with a tax loss adjustment that resulted in a $0.4 million credit to income taxes. The return on average assets (ROA) was 1.00% for 2015 and 0.96% for the 2014 year. Return on average equity (ROE) was 9.55% for 2015 and 9.12% for the 2014 year.
Fidelity D & D Bancorp declares Q4 2015 and 2015 bonus dividend of USD0.27 and USD0.10 per share
M2 - Thu Nov 05, 3:32AM CST
Fidelity D & D Bancorp In (OTC BB:FDBC) reported on Wednesday that its board of directors authorised a fourth quarter dividend of USD0.27 per share together with a 2015 bonus dividend of USD0.10 per share.
Fidelity D & D Bancorp, Inc. Fourth Quarter 2015 Dividend and 2015 $0.10 Bonus
PR Newswire - Wed Nov 04, 4:19PM CST
The Board of Directors of Fidelity D & D Bancorp, Inc. (OTC Bulletin Board: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company's fourth quarter dividend of $0.27 per share plus a 2015 bonus dividend of $0.10 per share. The Company's successful growth lead the 2015 year-to-date net income above expected pace, at 12% above prior years' net income level. For the third consecutive year, the Board declared a one-time bonus payment as a means to share the Company's success with its' dedicated shareholders.
Fidelity D & D Bancorp, Inc. Reports Third Quarter 2015 Financial Results
GlobeNewswire - Thu Oct 29, 12:38PM CDT
Fidelity D & D Bancorp, Inc. (OTCBB:FDBC), parent company of The Fidelity Deposit and Discount Bank, announced net income for the quarter ended September 30, 2015 of $1.9 million, a $0.3 million, or 18%, increase compared to the same 2014 quarter. Earnings improvement resulted from strategic growth which expanded net interest income by 8%. The Company attributed its successful growth and net interest income improvement to its relationship management strategy with $62.6 million growth in quarterly average earning assets. This growth was funded by a $76.9 million increase in average deposit balances plus a $4.0 million average balance expansion of shareholder's equity, partially offset by a $20.3 million reduction in the combined average borrowings and debt level, compared to the prior year third quarter. Additional operating expense was incurred primarily from an increase in both salaries and benefits, and premises and equipment costs, which was offset by more gains on loan sales and loan service charges compared to the previous year's third quarter. The return on average assets (ROA) was 1.06% for the third quarter of 2015 and 0.98% for the same period of 2014. Earnings per share on a diluted basis were $0.79 and $0.67 for the three months ended September 30, 2015 and 2014, respectively.
Fidelity D & D Bancorp declares Q3 2015 dividend of USD0.27 per share
M2 - Thu Aug 06, 5:50AM CDT
Fidelity D & D Bancorp Inc (OTC BB:FDBC) released on Wednesday a third quarter dividend of USD0.27 per share.
Fidelity D & D Bancorp, Inc. Third Quarter 2015 Dividend
PR Newswire - Wed Aug 05, 2:22PM CDT
The Board of Directors of Fidelity D & D Bancorp, Inc. (OTC Bulletin Board: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company's third quarter dividend of $0.27 per share. The dividend is payable September 10, 2015 to shareholders of record at the close of business on August 20, 2015.
Fidelity Deposit & Discount Bank Recognized for Outstanding Community Service, Receives Pillars of the Community Award
BusinessWire - Tue Jun 02, 11:35AM CDT
Fidelity Deposit & Discount Bank was presented today with the prestigious FHLBank Pittsburgh Pillars of the Community Award in recognition of the bank's commitment to community revitalization. The Pillars award is FHLBank's highest organizational honor and is presented annually to select FHLBank members.
Fidelity D & D Bancorp announces 8% higher dividend of USD0.27 per share for Q2 2015
M2 - Thu May 07, 3:06AM CDT
Fidelity D & D Bancorp Inc (OTC BB:FDBC) disclosed on Wednesday that its board of directors authorised the second quarter dividend of USD0.27 per share, up 8% over the previous quarterly payment.
Fidelity D & D Bancorp, Inc. Reports First Quarter 2015 Financial Results
PR Newswire - Wed Apr 29, 2:36PM CDT
Fidelity D & D Bancorp, Inc., (OTC Bulletin Board: FDBC), parent company of The Fidelity Deposit and Discount Bank, announced net income for the quarter ended March 31, 2015 of $1.6 million, an improvement of $0.1 million, or 8%, compared to $1.5 million for the first quarter of 2014. Net interest income growth, along with a lower provision for loan losses, more than offset the non-interest expenses increase, when compared to the prior year first quarter. Earnings per share on a diluted basis for the quarter were $0.63 and $0.61 for the three months ended March 31, 2015 and 2014, respectively.
Fidelity D&D Bancorp, Inc. Announces New Chief Business Development Officer
PR Newswire - Tue Apr 14, 2:39PM CDT
The Board of Directors of Fidelity D&D Bancorp, Inc., (OTC Bulletin Board: FDBC) parent company of the Fidelity Deposit and Discount Bank announced that Michael J. Pacyna, Jr. has joined the bank in the position of Executive Vice President & Chief Business Development Officer.
Fidelity D & D Bancorp declares dividend of USD0.25 per share for Q1 2015
M2 - Thu Feb 05, 6:54AM CST
The board of directors of Fidelity D & D Bancorp Inc (OTC BB:FDBC), the parent company of the Fidelity Deposit and Discount Bank, approved a dividend of USD0.25 per share, the company reported on Wednesday.
Fidelity D & D Bancorp, Inc. Reports Second Quarter 2016 Financial Results
GlobeNewswire - Wed Jul 27, 10:36AM CDT
Fidelity D & D Bancorp, Inc., (OTCBB:FDBC), parent company of The Fidelity Deposit and Discount Bank, announced net income for the quarter ended June 30, 2016 of $1.9 million, an improvement of over $0.1 million, or 8%, compared to $1.8 million for the same 2015 quarter. Earnings improvement resulted from higher revenue coupled with lower expenses. The Company increased interest-earning assets from the continued focus on its relationship management strategy. Operating expenses were lower due mostly to a prepayment penalty paid for the early payoff of long-term debt in the second quarter of 2015. Income tax expense increased in 2016 when compared with 2015 as a result of an Internal Revenue Service (IRS) audit adjustment which reduced income tax expense in 2015. The adjustment fully mitigated the effect of the increased operating expenses on net income for the second quarter of 2015. Earnings per share on a diluted basis was $0.79 and $0.73 for the quarters ended June 30, 2016 and 2015, respectively.
Fidelity D & D Bancorp, Inc. Increases Second Quarter 2016 Dividend
GlobeNewswire - Wed May 04, 12:47PM CDT
The Board of Directors of Fidelity D & D Bancorp, Inc. (OTCBB:FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company's second quarter dividend of $0.29 per share, a 7% increase above the previous quarterly payment of $0.27 per share. The dividend is payable June 10, 2016 to shareholders of record at the close of business on May 20, 2016.
Fidelity D & D Bancorp, Inc. Reports Better First Quarter 2016 Financial Results
GlobeNewswire - Wed Apr 27, 10:09AM CDT
Fidelity D & D Bancorp, Inc., (OTCBB:FDBC), parent company of The Fidelity Deposit and Discount Bank, announced net income for the quarter ended March 31, 2016 of $1.7 million, an improvement of over $0.1 million, or 8%, compared to $1.6 million for the first quarter of 2015. Higher revenue more than offset the increase in non-interest expenses, when compared to the first quarter of 2015. Earnings per share on a diluted basis for the quarter were $0.69 and $0.64 for the three months ended March 31, 2016 and 2015, respectively.
Fidelity D & D Bancorp, Inc. Reports Improved 2015 Financial Results
GlobeNewswire - Wed Feb 03, 9:47AM CST
Fidelity D & D Bancorp, Inc. (OTCBB:FDBC), parent company of The Fidelity Deposit and Discount Bank, announces net income for the year ended December 31, 2015 of $7.1 million, or $2.90 diluted earnings per share, a 12% increase compared to net income for the year ended December 31, 2014 of $6.4 million, or $2.62 diluted earnings per share. The increase resulted primarily from improving revenue by $1.6 million, or 7%, more net interest income earned plus the $0.2 million more other income. Earnings improvement resulted from strategic growth attributed to a relationship management strategy producing $52.1 million growth in annual average earning assets. This growth was funded by a $57.0 million increase in average deposit balances plus a $4.8 million average balance increase of shareholder's equity, partially offset by a $10.1 million reduction in the combined average borrowings and debt level, compared to the prior year. This revenue supported the $1.3 million upturn within other expenses from increases in salaries and benefits, marketing, and professional services. Furthermore, the Company incurred a $0.6 million pre-payment penalty expense, $0.4 million after tax, on a $10 million early pay-off of long-term debt in June 2015. Also during the 2015 second quarter, an IRS audit concluded with a tax loss adjustment that resulted in a $0.4 million credit to income taxes. The return on average assets (ROA) was 1.00% for 2015 and 0.96% for the 2014 year. Return on average equity (ROE) was 9.55% for 2015 and 9.12% for the 2014 year.
Fidelity D & D Bancorp declares Q4 2015 and 2015 bonus dividend of USD0.27 and USD0.10 per share
M2 - Thu Nov 05, 3:32AM CST
Fidelity D & D Bancorp In (OTC BB:FDBC) reported on Wednesday that its board of directors authorised a fourth quarter dividend of USD0.27 per share together with a 2015 bonus dividend of USD0.10 per share.
Fidelity D & D Bancorp, Inc. Fourth Quarter 2015 Dividend and 2015 $0.10 Bonus
PR Newswire - Wed Nov 04, 4:19PM CST
The Board of Directors of Fidelity D & D Bancorp, Inc. (OTC Bulletin Board: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company's fourth quarter dividend of $0.27 per share plus a 2015 bonus dividend of $0.10 per share. The Company's successful growth lead the 2015 year-to-date net income above expected pace, at 12% above prior years' net income level. For the third consecutive year, the Board declared a one-time bonus payment as a means to share the Company's success with its' dedicated shareholders.
Fidelity D & D Bancorp, Inc. Reports Third Quarter 2015 Financial Results
GlobeNewswire - Thu Oct 29, 12:38PM CDT
Fidelity D & D Bancorp, Inc. (OTCBB:FDBC), parent company of The Fidelity Deposit and Discount Bank, announced net income for the quarter ended September 30, 2015 of $1.9 million, a $0.3 million, or 18%, increase compared to the same 2014 quarter. Earnings improvement resulted from strategic growth which expanded net interest income by 8%. The Company attributed its successful growth and net interest income improvement to its relationship management strategy with $62.6 million growth in quarterly average earning assets. This growth was funded by a $76.9 million increase in average deposit balances plus a $4.0 million average balance expansion of shareholder's equity, partially offset by a $20.3 million reduction in the combined average borrowings and debt level, compared to the prior year third quarter. Additional operating expense was incurred primarily from an increase in both salaries and benefits, and premises and equipment costs, which was offset by more gains on loan sales and loan service charges compared to the previous year's third quarter. The return on average assets (ROA) was 1.06% for the third quarter of 2015 and 0.98% for the same period of 2014. Earnings per share on a diluted basis were $0.79 and $0.67 for the three months ended September 30, 2015 and 2014, respectively.
Fidelity D & D Bancorp declares Q3 2015 dividend of USD0.27 per share
M2 - Thu Aug 06, 5:50AM CDT
Fidelity D & D Bancorp Inc (OTC BB:FDBC) released on Wednesday a third quarter dividend of USD0.27 per share.
Fidelity D & D Bancorp, Inc. Third Quarter 2015 Dividend
PR Newswire - Wed Aug 05, 2:22PM CDT
The Board of Directors of Fidelity D & D Bancorp, Inc. (OTC Bulletin Board: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company's third quarter dividend of $0.27 per share. The dividend is payable September 10, 2015 to shareholders of record at the close of business on August 20, 2015.
Fidelity Deposit & Discount Bank Recognized for Outstanding Community Service, Receives Pillars of the Community Award
BusinessWire - Tue Jun 02, 11:35AM CDT
Fidelity Deposit & Discount Bank was presented today with the prestigious FHLBank Pittsburgh Pillars of the Community Award in recognition of the bank's commitment to community revitalization. The Pillars award is FHLBank's highest organizational honor and is presented annually to select FHLBank members.
Fidelity D & D Bancorp announces 8% higher dividend of USD0.27 per share for Q2 2015
M2 - Thu May 07, 3:06AM CDT
Fidelity D & D Bancorp Inc (OTC BB:FDBC) disclosed on Wednesday that its board of directors authorised the second quarter dividend of USD0.27 per share, up 8% over the previous quarterly payment.
Fidelity D & D Bancorp, Inc. Reports First Quarter 2015 Financial Results
PR Newswire - Wed Apr 29, 2:36PM CDT
Fidelity D & D Bancorp, Inc., (OTC Bulletin Board: FDBC), parent company of The Fidelity Deposit and Discount Bank, announced net income for the quarter ended March 31, 2015 of $1.6 million, an improvement of $0.1 million, or 8%, compared to $1.5 million for the first quarter of 2014. Net interest income growth, along with a lower provision for loan losses, more than offset the non-interest expenses increase, when compared to the prior year first quarter. Earnings per share on a diluted basis for the quarter were $0.63 and $0.61 for the three months ended March 31, 2015 and 2014, respectively.
Fidelity D&D Bancorp, Inc. Announces New Chief Business Development Officer
PR Newswire - Tue Apr 14, 2:39PM CDT
The Board of Directors of Fidelity D&D Bancorp, Inc., (OTC Bulletin Board: FDBC) parent company of the Fidelity Deposit and Discount Bank announced that Michael J. Pacyna, Jr. has joined the bank in the position of Executive Vice President & Chief Business Development Officer.
Fidelity D & D Bancorp declares dividend of USD0.25 per share for Q1 2015
M2 - Thu Feb 05, 6:54AM CST
The board of directors of Fidelity D & D Bancorp Inc (OTC BB:FDBC), the parent company of the Fidelity Deposit and Discount Bank, approved a dividend of USD0.25 per share, the company reported on Wednesday.
