SOURCE: North Dallas Bank & Trust Co.

North Dallas Bank & Trust Co.

January 12, 2016 18:14 ET

North Dallas Bank & Trust Co. Announces Fourth Quarter Earnings of $0.65 per Share

DALLAS, TX--(Marketwired - January 12, 2016) - North Dallas Bank & Trust Co. (OTCBB: NODB) announces net earnings of $1,669,476 or $0.65 per share for the three months ending December 31, 2015, compared to $1,405,736 or $0.55 per share for the same period in 2014. Net earnings for the year ending December 31, 2015 totaled $6,333,634 or $2.47 per share compared to $5,680,133 or $2.21 per share in 2014. The annual shareholders' meeting is scheduled for February 2, 2016 in Dallas, Texas.

North Dallas Bank & Trust Co. is an independent bank established in 1961 with current locations in Dallas, Plano, Irving, Frisco and Addison, Texas. The 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, Vice Chairman and CFO.