Earnings release
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FIDELITY D & D BANCORP , INC . FOR IMMEDIATE RELEASE Date : July 22 , 2026 Contacts : Exhibit 99.1 Daniel J. Santaniello President and Chief Executive Officer 570-504-8035 Salvatore R. DeFrancesco , Jr. Treasurer and Chief Financial Officer 570-504-8000 FIDELITY D & D BANCORP , INC . REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS Dunmore , PA - Fidelity D & D Bancorp , Inc. ( NASDAQ : FDBC ) and its banking subsidiary , The Fidelity Deposit and Discount Bank , announced its unaudited , consolidated financial results for the three and six - month periods ended June 30 , 2026 . Unaudited Financial Information Net income for the quarter ended June 30 , 2026 was $ 7.8 million , or $ 1.33 per diluted share , compared to $ 6.9 million , or $ 1.20 per diluted share , for the quarter ended June 30 , 2025. The $ 0.9 million , or 13 % , increase in net income resulted primarily from a $ 2.9 million increase in net interest income coupled with a $ 0.1 million increase in non - interest income . This was partially offset by a $ 1.3 million increase in non - interest expense and a $ 0.4 million increase in the provision for credit losses due to the growth of loans and unfunded commitments . For the six months ended June 30 , 2026 , net income was $ 15.3 million , or $ 2.63 diluted earnings per share , compared to $ 12.9 million , or $ 2.23 diluted earnings per share , for the six months ended June 30 , 2025. The $ 2.4 million , or 19 % , increase in net income stemmed from the $ 5.2 million increase in net interest income and $ 0.4 million increase in non - interest income . This was partially offset by a $ 1.9 million increase in non - interest expense and a $ 1.0 million increase in the provision for credit losses on loans and unfunded commitments . " We delivered an outstanding second quarter , driven by strong revenue growth and favorable credit performance , ” said Daniel J. Santaniello , President and Chief Executive Officer . " Our continued execution on key strategic initiatives propelled total assets to nearly $ 3.0 billion . These results reflect the strength of our franchise , the dedication of our bankers , and their unwavering commitment to the client experience . I am deeply grateful for their contributions and remain confident in our momentum and our ability to build on this success throughout the remainder of 2026. " Consolidated Second Quarter Operating Results Overview Net interest income was $ 20.8 million for the second quarter of 2026 , representing a 16 % increase over the $ 17.9 million earned for the second quarter of 2025. The $ 2.9 million increase in net interest income resulted from the increase of $ 1.9 million in interest income primarily due to a $ 113.1 million increase in the average balance of interest - earning assets and a 9 basis points increase in fully - taxable equivalent ( " FTE " ) ( non - GAAP measurement ) yields . The loan portfolio had the most significant impact , producing a $ 3.2 million increase in FTE interest income from $ 208.2 million in higher quarterly average balances and an increase of 5 basis points in FTE loan yields . The increase in interest income was coupled with a $ 0.8 million decrease in interest expense on deposits due to a 28 basis points decrease in rates paid on interest- bearing deposits which more than offset the increase from $ 82.1 million in higher average balances compared to the second quarter of 2025 . The FTE yield on interest - earning assets was 4.86 % for the second quarter of 2026 , an increase of 9 basis points from