Tuesday, January 31, 2012

Fidelity D & D Bancorp, Inc. 2011 Financial Results

DUNMORE, Pa., Jan. 31, 2012 /PRNewswire/ -- Fidelity D & D Bancorp, Inc. (OTC Bulletin Board: FDBC), parent company of The Fidelity Deposit and Discount Bank, announced net income for the year ended December 31, 2011 of $5.0 million, or $2.28 per share, compared to a net loss for the year ended December 31, 2010 of $3.2 million, or $1.50 per share.  Other Than Temporary Impairment (OTTI) credit losses recognized throughout 2011 totaled $246 thousand, compared to the $11.8 million which caused...continued
     

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