secwatch.observer — SEC 8-K summary
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Issuer:     FIDELITY D & D BANCORP INC (FDBC)
CIK:        0001098151
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001437749-24-031811
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fidelity D & D Bancorp Q3 net income $5.0M ($0.86 EPS), down 6% YoY; NII up 5%
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- Net income $5.0M, diluted EPS $0.86; vs $5.3M, $0.93 in Q3 2023, a 6% decline.
- Net interest income $15.4M, +5% YoY; FTE net interest margin improved to 2.70% from 2.63%.
- Non-interest income $5.0M (+15%), but non-interest expenses $13.8M (+8%) partly offset gains.
- Non-performing assets rose to $7.6M (0.29% of assets) from $3.3M (0.13%) at Dec 31, 2023.
- Deposits grew $184.1M YTD; total assets $2.6B; Tier 1 capital ratio 9.30% (well capitalized).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1098151/000143774924031811/0001437749-24-031811-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1098151/000143774924031811/fdbc20240905_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-031811

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