North Dallas Bank Q3 Profit Rises 20.8% as Loans and Deposits Fall

North Dallas Bank & Trust Co. posted a 20.8% year-over-year increase in third-quarter net earnings to $2.6 million, even as its loan, deposit and asset balances declined at Sept. 30.

Net earnings for the three months ended Sept. 30 were $2,599,934, compared with $2,153,174 in the same quarter last year. Earnings per share were $1.01, up from $0.84.

For the first nine months of 2026, net earnings totaled $7,120,282, compared with $5,563,832 in the year-earlier period. Earnings per share for those periods were $2.77 and $2.17, respectively.

Third-quarter net interest income increased to $12,045,906 from $11,167,630. Interest income slipped to $21,209,619 from $21,679,467, while interest expense fell to $9,163,713 from $10,511,837.

Noninterest income rose to $1,887,639 from $1,415,333. Noninterest expenses increased to $10,716,147 from $9,671,275, while the provision for credit losses fell to $80,000 from $334,000.

At Sept. 30, total loans were $1,249,439,665, down from $1,281,642,359 a year earlier. Deposits declined to $1,579,126,078 from $1,586,843,853, and total assets fell to $1,816,454,626 from $1,866,276,212.

The third-quarter result was below the $2,716,912 in net earnings for the second quarter of 2026. “Earnings were prepared internally without review by the company’s independent accountants,” North Dallas Bank & Trust Co. said.