Fidelity D & D Bancorp INC 10-K annual reports
Annual reports — audited financials, the full risk-factor list, and management’s account of the year.
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Fidelity D & D Bancorp's 2024 net income rose to $20.8 million, driven by loan portfolio growth and strategic asset management, despite challenges from deposit rate competition.
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10-K: Fidelity D&D Bancorp Reports 2023 Annual Results, Net Income Declines Amidst Rising Interest Rates
Fidelity D&D Bancorp's net income decreased by 39% in 2023 to $18.2 million, or $3.19 per diluted share, compared to $30.0 million, or $5.29 per diluted share, in 2022, primarily due to reduced net interest income and losses on securities sales.