SOURCE: North Dallas Bank & Trust Co.

North Dallas Bank & Trust Co.

December 12, 2012 17:31 ET

North Dallas Bank & Trust Co. Declares 2012 Regular and Special Dividends and Accelerated Payment of 2013 Dividends

DALLAS, TX--(Marketwire - Dec 12, 2012) - On December 11, 2012 the Board of Directors of North Dallas Bank & Trust Co. (OTCBB: NODB) declared a regular dividend in the amount of $0.17 per share and a special dividend in the amount of $0.10 per share. 

In addition, the Board of Directors declared payment of an accelerated dividend of $0.78 per share for the year 2013 to be paid in lieu of anticipated dividends for the year ending December 31, 2013. The $0.78 per share dividend equals four regular dividends of $0.17 per share and a special dividend of $0.10 per share. 

Dividends are payable to shareholders of record as of December 27, 2012 and will be paid on December 31, 2012.

The current dividend is based on North Dallas Bank & Trust Co.'s current financial condition and is not a guarantee that dividends will continue to be paid in the future. Please direct any questions to Sam Renshaw, Vice Chairman 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.