- North Dallas Bank & Trust Co. (NDBT) reported a significant boost in net earnings for Q1 2025, reaching $1,307,716 or $0.51 per share.
- Key financial metrics saw substantial growth: interest income increased to $19.98M, with net interest income climbing to $9.46M.
- Total assets, deposits, and loan portfolios also expanded, emphasizing the bank's robust financial health.
North Dallas Bank & Trust Co. (NDBT) has announced its financial results for the first quarter of 2025, showcasing a substantial improvement in net earnings. For the period ending March 31, 2025, the bank recorded net earnings of $1,307,716, translating to $0.51 per share. This marks an impressive increase from the $714,685 or $0.28 per share reported in the same quarter of the previous year.
The bank's financial growth was driven by an increase in interest income, which rose to $19.98 million from $18.72 million. NDBT's net interest income also saw a notable increase, reaching $9.46 million, up from $8.27 million in Q1 2024. These improvements in earnings underscore the bank's effective financial strategies and strong market position.
Total assets for NDBT climbed to $1.88 billion from $1.83 billion recorded in the previous year. Similarly, total deposits experienced growth, reaching $1.59 billion compared to $1.52 billion in 2024. Moreover, the bank's loan portfolio expanded to $1.24 billion, up from $1.20 billion, indicating increasing lending activities and customer engagement.
Founded in 1961, North Dallas Bank & Trust Co. operates as an independent community bank with a strong presence across Dallas, Addison, Frisco, Las Colinas, and Plano. The bank continues to focus on providing authentic banking solutions, wealth management, and innovative online banking tools to its clients.
