---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020689"
form_type: "8-K"
ticker: "FDBC"
cik: "0001098151"
company_name: "FIDELITY D & D BANCORP INC"
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:13:00.005719+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fidelity D&D Q2 net income falls to $5.4M from $7.7M; EPS $0.94 vs $1.35

## Summary
- Q2 2023 net income $5.4M ($0.94 diluted EPS) vs $7.7M ($1.35) in Q2 2022; a 30% decline.
- Net interest income fell 15% to $15.4M, driven by a 146 bps increase in deposit costs and higher borrowings.
- Non-interest income rose 7% to $4.5M, led by commercial loan fees and deposit service charges.
- Non-performing assets were 0.15% of total assets (Dec 2022: 0.12%); net charge-offs 0.05%.
- Tangible book value per share $27.59 (Dec 2022: $25.18); Tier 1 capital ratio 9.08%, well capitalized.

## SEC filing metadata
- accession: 0001437749-23-020689
- form_type: 8-K
- ticker: FDBC
- cik: 0001098151
- company_name: FIDELITY D & D BANCORP INC
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1098151/000143774923020689/0001437749-23-020689-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098151/000143774923020689/fdbc20230612_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020689
- JSON: https://secwatch.observer/filing/0001437749-23-020689.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020689.txt

## Key facts
- Earnings Releases
  FIDELITY D & D BANCORP INC reported the six months ended June 30, 2023 results: net income $12.4 million, EPS $2.18 diluted earnings per share.
  - Period: the six months ended June 30, 2023
  - Net income: $12.4 million
  - EPS: $2.18 diluted earnings per share
  - Result: reported results
  source text: For the six months ended June 30, 2023, net income was $12.4 million, or $2.18 diluted earnings per share, compared to $15.2 million, or $2.67 diluted earnings per share, for the six months ended June 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098151/000143774923020689/0001437749-23-020689-index.htm
- Earnings Releases
  FIDELITY D & D BANCORP INC reported financial results for the quarter and year-to-date ended June 30, 2023.
  - Period: the quarter and year-to-date ended June 30, 2023
  - Result: reported results
  source text: On July 26, 2023, Fidelity D & D Bancorp, Inc. issued a press release describing its results of operations for the quarter and year-to-date ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098151/000143774923020689/0001437749-23-020689-index.htm
- Earnings Releases
  FIDELITY D & D BANCORP INC reported the quarter ended June 30, 2023 results: net income $5.4 million, EPS $0.94 diluted earnings per share.
  - Period: the quarter ended June 30, 2023
  - Net income: $5.4 million
  - EPS: $0.94 diluted earnings per share
  - Result: reported results
  source text: Net income for the quarter ended June 30, 2023 was $5.4 million, or $0.94 diluted earnings per share, compared to $7.7 million, or $1.35 diluted earnings per share, for the quarter ended June 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098151/000143774923020689/0001437749-23-020689-index.htm

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