Fidelity D&D Bancorp (OQ:FDBC)

Sector:  Financials Industry:  Banks
See Regulatory Filings on SEC
Company Contact
Address: Blakely & Drinker Streets
Tel: N/A
IR: See website
Key People
Brian J. Cali
Independent Chairman of the board
Daniel J. Santaniello
President, Chief Executive Officer, Director of the Company and President, Chief Executive Officer of the Bank
Salvatore R. DeFrancesco
Chief Financial Officer, Treasurer; Executive Vice President and Chief Financial Officer of the Bank
Eugene J. Walsh
Chief Operating Officer, Vice President
Timothy P. O'Brien
Senior Executive Vice President and Chief Lending Officer of the Bank
Michael J. Pacyna
Executive Vice President & Chief Business Development Officer of the Bank
Business Overview
Fidelity D & D Bancorp, Inc. is a bank holding company. The Fidelity Deposit and Discount Bank (the Bank) is the Company's state chartered commercial bank. The Bank offers a range of traditional banking services. The Bank has a personal and corporate trust department, and also provides alternative financial and insurance products with asset management services. The Bank's service area consists of the Borough of Dunmore and the surrounding communities within Lackawanna and Luzerne counties in Northeastern Pennsylvania. The Bank's investment securities are classified into three categories: trading, available-for-sale (AFS) and held-to-maturity (HTM). The Company operates approximately 10 full-service banking offices, of which over four are owned and approximately seven are leased.
Financial Overview
For the fiscal year ended 31 December 2019, Fidelity D&D Bancorp interest income increased 11% to $39.3M. Net interest income after loan loss provision increased 6% to $30.6M. Net income before extraordinary items increased 5% to $11.6M. Net interest income after loan loss provision reflects Taxable increase of 11% to $32.4M, government agency and corporations increase of 10% to $3.6M.
Employees: 189 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $199.75M as of Dec 31, 2019
Annual revenue (TTM): $39.27M as of Dec 31, 2019
EBITDA (TTM): $19.02M as of Dec 31, 2019
Net annual income (TTM): $11.58M as of Dec 31, 2019
Free cash flow (TTM): $17.62M as of Dec 31, 2019
Net Debt Last Fiscal Year: $23.54M as of Dec 31, 2019
Shares outstanding: 3,826,401 as of Mar 11, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization