SOURCE: North Dallas Bank & Trust Co.

North Dallas Bank & Trust Co.

October 08, 2010 16:54 ET

North Dallas Bank & Trust Co. Announces Third Quarter Earnings of $0.59 per Share

DALLAS, TX--(Marketwire - October 8, 2010) - North Dallas Bank & Trust Co. (OTCBB: NODB) announces net earnings of $1,509,804 or $0.59 per share for the three months ending September 30, 2010, compared to $1,344,021 or $0.52 per share for the same period in 2009. Year to date net earnings through the nine months ending September 30, 2010 totaled $4,449,937 or $1.73 per share compared to $3,357,751 or $1.31 per share for the same period in 2009. 

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.