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North Dallas Bank & Trust Co. Announces First Quarter Earnings

DALLAS, April 26, 2024 (GLOBE NEWSWIRE) -- NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced net earnings for three months of $714,685 or $0.28 per share, for the period ending March 31, 2024. Earnings were prepared internally without review by the company's independent accountants. Financial results are the results of past performance, events and market conditions, and are not a guarantee for future results. Any forward-looking implications derived from this information may differ materially from actual results. Further information about the earning and financial performance is available from Glenn Henry, Chief Financial Officer, by contacting NDBT. ABOUT NDBTFounded in 1961, NDBT (North Dallas Bank & Trust Co.) is an independent community bank with five banking centers located in Dallas, Addison, Frisco, Las Colinas, and Plano. Headquartered on the corner of Preston Road and LBJ at 12900 Preston Road in Dallas, NDBT is dedicated to helping people make smarter choices in business and life by offering authentic banking solutions, wealth management, and innovative online banking tools. NDBT is Member FDIC and an Equal Housing Lender. For more information, call 972.716.7100, or visit online at www.ndbt.com. NORTH DALLAS BANK & TRUST CO.   12900 PRESTON ROAD   DALLAS, TEXAS                         FINANCIAL HIGHLIGHTS     Three Months Ended                 March 31       Income Statement       2024   2023                             Interest Income       18,722,387     14,074,992         Interest Expense       10,455,963