Fidelity D & D Bancorp Q3 profit rises 21% to $8.9 million

• Fidelity D & D Bancorp (NASDAQ:FDBC) reported third-quarter 2026 net income of $8.9 million, up 21% year over year, while diluted earnings per share increased to $1.53 from $1.27.
• Net interest income increased 18%, supported by loan growth, while the fully taxable-equivalent net interest margin expanded 35 basis points to 3.30%.
• Total assets reached approximately $3.0 billion, with loans and deposits increasing during the first nine months, although higher credit-loss provisions and a lower tangible equity ratio indicated additional risks.

Fidelity D & D Bancorp (NASDAQ:FDBC) reported third-quarter 2026 net income of $8.9 million, up 21% year over year, supported by higher interest and fee income.

Diluted earnings increased to $1.53 per share from $1.27, while nine-month net income rose 20% to $24.2 million, equivalent to $4.16 per diluted share.

Net interest income increased 18% from the prior-year quarter, while fully taxable-equivalent net interest margin widened 35 basis points to 3.30%.

Noninterest income increased 20% to $6.1 million, reflecting higher wealth management revenue, commercial lending fees and gains on property sales.

Noninterest expenses rose 10% to $16.1 million, while the provision for loan credit losses increased to $1.1 million from $200,000.

Since December 2025, net loans and leases increased $261.7 million and deposits rose $142.9 million, helping total assets reach approximately $3 billion.

The bank's tangible common equity ratio declined to 7.54% from 8.01%, while nonperforming assets increased to $2.6 million from $2.2 million.