© Copyright 2009 The Times Leader. All Rights Reserved.
The Times Leader 15 N. Main Street Wilkes-Barre, PA 18711
(570) 829-7101 or (800) 427-8649
Northeastern Pennsylvania's Home Page
Fidelity D & D Bancorp, Inc. (OTC Bulletin Board: FDBC), parent company of The Fidelity Deposit and Discount Bank, announced net loss for the quarter ended September 30, of $3,211,000 compared to net income of $741,000 for the same quarter of 2008.
The net loss resulted from increased provision for loan losses, recognition of additional other-than-temporary impairment investment losses, write-downs of foreclosed other real estate properties and higher other operating expenses including increased FDIC insurance premiums and collection expenses related to nonperforming loans plus recognizing incurred consulting costs. Loss per share for the quarter was $1.55 compared to earnings per share of $0.35 for the same prior year period.
For more information visit investor relations web site located through www.bankatfidelity.com.
Most Viewed AJ News Stories in Past 7 Days
1. New restaurants set to open in Abington area
2. Abington Heights High School swim coach resigns
3. Say hello to the big, yellow plow
4. New restaurants set to open
5. Two area Saab dealers lose dealership rights
6. Extra! Extra!
7. What a dump?
8. PennDOT issues Interstate 81 road work updates
Most E-Mailed AJ News Stories in Past 7 Days
1. Sharing a doctor’s wisdom Parenthood, Abington Style with Adriane Heine
2. New restaurants set to open
3. Riding School owner memorialized
4. Attic Shop announces November schedule
5. Extra! Extra!
6. Mother sues son over alleged fraud
7. For two Saab dealers, it’s the end of the road