secwatch.observer — SEC 8-K summary
======================================

Issuer:     FIDELITY D & D BANCORP INC (FDBC)
CIK:        0001098151
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001098151-21-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fidelity D&D Bancorp reports record Q2 net income $5.7M, EPS $1.13 vs $0.05 YoY
-------------------------------------------------------------------------------

- Q2 2021 net income $5.7M ($1.13 diluted EPS) vs $0.3M ($0.05) in Q2 2020; record quarter.
- Adjusted net income (non-GAAP) $6.1M ($1.21 EPS) vs $2.2M ($0.48) in Q2 2020.
- Declared Q3 dividend $0.30/share, payable Sept 10, record Aug 20.
- Landmark acquisition effective July 1; combined assets ~$2.3B, deposits $2.1B, loans $1.4B.
- NPL ratio 0.72% of loans; tangible book value $32.74/share; Tier 1 capital 8.38%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098151/000109815121000033/0001098151-21-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098151/000109815121000033/fdbc-20210728x8k.htm
  HTML page:      https://secwatch.observer/filing/0001098151-21-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer