Fidelity D & D Bancorp reports Q4 EPS $1.26 vs $1.35 last year

The Company remains well capitalized with Tier 1 capital at 8.69% of total average assets as of December 31, 2022. "We are pleased with our outstanding 2022 financial results. Fidelity Bank achieved record financial results and increased an already strong regulatory capital position. The year was marked by the successful execution of key strategic initiatives and synergies from the Landmark acquisition. Our asset quality metrics remain strong, and our solid capital position allowed us to increase our dividend payments to our shareholders for the eighth consecutive year," stated Daniel Santaniello, President and Chief Executive Officer. "As we enter 2023, we are well positioned to continue to create shareholder value."