Fidelity D & D Bancorp, Inc. (FDBC) 2024年年度报告「NASDAQ」.pdf

1、FIDELITY D&D BANCORP,INC.2024 ANNUAL REPORTB U I LT T O L A S T2024BUILT TO LAST2024FIDELITY DFIDELITY D&D BANCORP,INC.2024 ANNUAL REPORTD BANCORP,INC.2024 ANNUAL REPORTMESSAGE TO OUR VALUED SHAREHOLDERS:As we r eflec t on 2024 and our leader s hi p as CEO and Chai r man of t he Boar d,we t ake i mm

2、ens e pr i de i n t he pr ogr es s made i n s t r engt heni ng t he Banks f oundat i on and advanc i ng our vi s i on of bei ng a t op-per f or mi ng c ommuni t y bank.T he f oundat i on bui lt by a c li ent c ent r i c f oc us,dedi c at i on t o t he well-bei ng of our banker s,a c ommi t ment t o

3、f os t er s t r ong c ommuni t i es,and a mi nds et of i nnovat i on and c ont i nuous i mpr ovement,c ont i nues t o pr ovi de value t o our s har eholder s.Our beli ef i n our mi s s i on has s us t ai ned us t hr ough c hallenges f r om t he ec onomy,i nc r eas ed r egulat or y pr es s ur es and

4、c ompet i t i on,and hei ght ened geopoli t i c al r i s ks.T hr ough i t all,we have s t ood by our pr omi s es t o all t hos e we s er ve.T he Bank c ont i nues t o mai nt ai n s t r ong c r edi t quali t y,manage expens es,and f oc us on s t r at egi c objec t i ves,ens ur i ng Fi deli t y Bank i

5、 s Bui lt t o L as t,t oday and i nt o t he f ut ur e.We have added new c apabi li t i es and r eac h whi le maki ng addi t i onal pr ogr es s on effor t s ac r os s t ec hnology,dat a analyt i c s,r i s k,and payment s.We ent er 2025 wi t h a r obus t balanc e s heet,a s t r ong depos i t f r anc h

6、i s e and s ubs t ant i al li qui di t y,pos i t i oni ng us t o navi gat e t he c ont i nui ng dynami c ext er nal envi r onment.At year s end,Fi deli t y D&D Banc or p,I nc.r epor t ed net i nc ome of$20.8 mi lli on,or$3.60 di lut ed ear ni ngs per s har e,r eflec t i ng a 14%i nc r eas e f r om$1