---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-010783"
form_type: "8-K"
ticker: "FDBC"
cik: "0001098151"
company_name: "FIDELITY D & D BANCORP INC"
filed_at: "2023-04-21T23:59:59+00:00"
generated_at: "2026-06-16T21:06:43.390913+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fidelity D & D Q1 2023 net income $7.0M ($1.24 EPS) vs $7.5M ($1.32) YoY

## Summary
- Net interest income $17.0M, down 2% from $17.3M YoY; cost of interest-bearing liabilities rose 111 bps to 1.33%.
- Loan portfolio grew $61M in Q1; total assets reached $2.4B, up $65M from Dec 2022.
- Adopted CECL on Jan 1, 2023; recorded $0.7M increase in allowance for credit losses on loans and $1.1M on unfunded commitments.
- Tangible book value per share rose to $27.33 at Mar 31, 2023 from $25.18 at Dec 31, 2022.
- Non-performing assets 0.14% of total assets; Tier 1 capital ratio 8.92%; total risk-based capital 14.59%.

## SEC filing metadata
- accession: 0001437749-23-010783
- form_type: 8-K
- ticker: FDBC
- cik: 0001098151
- company_name: FIDELITY D & D BANCORP INC
- filed_at: 2023-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098151/000143774923010783/0001437749-23-010783-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098151/000143774923010783/fdbc20230330_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-010783
- JSON: https://secwatch.observer/filing/0001437749-23-010783.json
- Plain text: https://secwatch.observer/filing/0001437749-23-010783.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.