---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-002162"
form_type: "8-K"
ticker: "FDBC"
cik: "0001098151"
company_name: "FIDELITY D & D BANCORP INC"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T17:34:18.318591+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fidelity D & D Bancorp 2023 net income falls 39% to $18.2M, Q4 EPS $0.08 on $6.5M securities loss

## Summary
- FY 2023 net income $18.2M ($3.19 diluted EPS) vs $30.0M ($5.29) in 2022; adjusted EPS $4.08.
- Q4 2023 net income $0.5M ($0.08 diluted EPS); adjusted Q4 EPS $0.97 vs $1.26 prior year.
- Net interest income fell 14% to $62.1M for the year; NIM decreased to 2.81% from 3.28%.
- Sold $35.6M of securities in Q4 realizing $6.5M pre-tax loss to deleverage borrowings.
- Tangible book value per share rose to $29.57 from $25.18; non-performing assets 0.13% of assets.

## SEC filing metadata
- accession: 0001437749-24-002162
- form_type: 8-K
- ticker: FDBC
- cik: 0001098151
- company_name: FIDELITY D & D BANCORP INC
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1098151/000143774924002162/0001437749-24-002162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1098151/000143774924002162/fdbc20231128_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-002162
- JSON: https://secwatch.observer/filing/0001437749-24-002162.json
- Plain text: https://secwatch.observer/filing/0001437749-24-002162.txt

## Key facts
- Earnings Releases
  FIDELITY D & D BANCORP INC reported three and twelve month periods ended December 31, 2023 results: net income $18.2 million, EPS $3.19 diluted earnings per share.
  - Period: three and twelve month periods ended December 31, 2023
  - Net income: $18.2 million
  - EPS: $3.19 diluted earnings per share
  - Result: reported results
  source text: Net income recorded for the year ended December 31, 2023 was $18.2 million, or $3.19 diluted earnings per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098151/000143774924002162/0001437749-24-002162-index.htm
- Earnings Releases
  FIDELITY D & D BANCORP INC reported quarter ended December 31, 2023 results: net income $0.5 million, EPS $0.08 diluted earnings per share.
  - Period: quarter ended December 31, 2023
  - Net income: $0.5 million
  - EPS: $0.08 diluted earnings per share
  - Result: reported results
  source text: Net income for the quarter ended December 31, 2023 was $0.5 million, or $0.08 diluted earnings per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1098151/000143774924002162/0001437749-24-002162-index.htm

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