SOURCE: North Dallas Bank & Trust Co.

North Dallas Bank & Trust Co.

January 24, 2011 10:16 ET

North Dallas Bank & Trust Co. Announces Fourth Quarter Earnings of $0.58 per Share

DALLAS, TX--(Marketwire - January 24, 2011) -  North Dallas Bank & Trust Co. (OTCBB: NODB) announces net earnings of $1,500,640 or $0.58 per share for the three months ending December 31, 2010, compared to $1,667,861 or $0.65 per share for the same period in 2009. Net earnings for the year ending December 31, 2010 totaled $5,950,577 or $2.31 per share compared to $5,025,612 or $1.96 per share in 2009. The annual shareholders' meeting is scheduled for February 1, 2011 in Dallas, Texas.

The current earnings were prepared internally without review by the company's independent accountants. Earnings are the result of past performance, events and market conditions and are not a guarantee of future results. Any forward-looking implications derived from this information may differ materially from actual results. Please direct any questions to Sam Renshaw, Senior Executive Vice President and CFO.

North Dallas Bank & Trust Co., established in 1961, has more than $1 billion in assets and is a locally owned bank with five locations in the Dallas area.