Fidelity D & D Bancorp, Inc. · NASDAQ:FDBC
Fidelity D & D Bancorp — Shareholder Meeting (May 2025)
23 slides from Fidelity D & D Bancorp's shareholder meeting presentation, May 6, 2025
Slide 1: Annual Meeting of Shareholders
2024 BUILI 10 LAST Annual Meeting of Shareholders May 6, 2025
Slide 2: Forward-looking statements
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Slide 3: Vision Statement
Vision Statement Fidelity bankers are passionate about success and committed to building strong relationships through exceptional client experiences. Fidelity Bank will be the best bank for our bankers to work, our clients to bank, our shareholders to invest, and for our community to prosper.
Slide 4: Fidelity D & D Bancorp, Inc. Overview
Fidelity D & D Bancorp, Inc. Overview Company Overview Resdguaren Donmore Pa Tike / charge osc /nasoaa Maret capatzaton $256360559 outstanding shares Sseo.o87 eaehes a Financial Overview Terai ast SR7L310 TM ROAR oc Grosses Susi7s09 cTMaoae 10.80% TotalDeposes ——$257459 TMD 27m Loans /Oepesis TASS I
Slide 5: Making our Move Nasdaq
Making our Move 7 Nasdaq ‘Americas Best anersty Regional Banks and Credit Unions featurnga aly ‘Amerieas Best Regional Banks and Credit Unions
Slide 6: Your Fidelity BANK Team
Your Fidelity BANK Team » | (& s)
Slide 7: Financial Highlights: Net Income
Financial Highlights Net Income Highlights ‘+ In 2024, net income increased $2.6 million or am 14% from 2023. 0000 ust ‘+B quarter 2025 net income was $6.0 million, an increase of $0.9 million or 18% compared to 1* ‘quarter 2024. S000 s24p08 soe same $9210 ~ |
Slide 8: Financial Highlights: Earnings Per Share
Financial Highlights Earnings Per Share Highlights ‘+ 1n2024, earning per shares increased by $0.41, sm (or 13% over 2023. 52 + Ast quarter of 2025 diluted eamings per share He ‘was $1.03, an increase of $0.15 or 17.05% si compared to 1" quarter 2024. 20 | | |
Slide 9: Financial Highlights: Net Interest Income and Margin
Financial Highlights Net Interest Income ($ in thousands) and Net Interest In Margin (%) Highlights a sux + Netiinterest Margin decrease 9 bps from 2.81% to , 22% oun ‘Total average interest-eaming assets increased smatte ages sae $72.0million ‘Total average interest-bearing liabilities grew sooo Sx
Slide 10: Financial Highlights: Assets
Financial Highlights Assets Highlights sit ‘+ Total assets of $2.6 billion, an increase of $82 milion, or 3.28% in 2024 when compared to ees 2023. -™ S249 s2578 ‘+ I quarter 2025 assets increased $242 million, or | | 9.82% compared to 1 quarter 2024. 2009
Slide 11: Balance Sheet Mix: Loan Portfolio
Balance Sheet Mix Loan Portfolio Highlights son sis siaho ate sie + Grossloans of $1.8 billion + 5.439%loan yield year to date 12/31/2024 + 56.8% -Commercial Loans + 43.2% -Retail Loans Loans increased $113.7 million or 6.8% over 2023. ‘Non-Owner Occupied CRE at 190% of Total Capital. Loan-to-Deposi
Slide 12: Balance Sheet Mix: Deposit Base
Balance Sheet Mix Deposit Base hts + Total Deposits of $2.3 billion ‘+ 51.5% of deposits are transaction accounts Cost of Total Deposits was 1.99% up 5S bps over 2023. Cost of interest-bearing Liabilities was 2.60% up 67 bps over 2023, Deposits increased $182.4 million or 8.5% over 2023. Noninterest
Slide 13: Deposit Market Share
Deposit Market Share Lackawanna, PA Luneme, PA
Slide 14: Credit Quality Trends
| Credit Quality Trends Nonperforming Assets /Total Assets
Slide 15: Capital Strength
Capital Strength
Slide 16: Financial Highlights: Dividends Per Share
Financial Highlights Dividends Per Share Highlights Dividends have increased 10 years in a row $154 $146 $135 $1.23 sia $1.06 $0.98 $0.88 $0.83 $0.77 $0.73 we su ax : : siz : : nm : cAGR= 7.8% nm
Slide 17: Stock Market Performance
| stock Market Performance Ticker: DBC Eschange: NASOAGGM stock Price sitet Market Cap. (5M) $256 Dividend Vals 375% average Daily Volume (3 Months ‘vg Daly Volume (Shaves) 6612 ‘Avg Dally Volume ($0005) $292 s2.Week High/Low aha wa wna eRe Tames serpomar pa arced cad sete. Soe tow 31/2025) S000 ee
Slide 18: Wealth Management
Wealth Management Fiery ore Wy Lidelity oO Through a client centric approach, A Eee ae Single Advisor Model Wealth Management non-interest income increased + Planning Focu from $2.5 million in 2020 to $4.7 million in 2024, or 17% CAGR. + Finandal Planning Trust Planning and Incividual Reti Administr
Slide 19: Strategic Initiatives & Strategy
Strategic Initiatives & Strategy Strengthen Fidelity’s Core Foundation Optimize the Create a well Engines of Growth _ defined and executable Strategic Plan Strengthen the Bank’s Core Foundation + Launch a Fraud Investigative Unit + Enhance Online Banking Platform & Mobile App + Implement internal Pr
Slide 20: Digital Adoption Rates
| Digital Adoption Rates
Slide 21: Community Involvement & Accolades
Community Involvement & Accolades + 21,062 hours donated by Bankers since 2020 to community organizations through the Volunteer Time Off program. [evrsw + $1.5 milion given in philanthropic support to a organizations, groups and schools throughout Seite 2028, marek Armaan Bvt 24 the community in 202
Slide 22: Fidelity Bank and its Board of Directors Honor the Memory
FIDELITY BANK AND ITS BOARD OF DIRECTORS HONOR THE MEMORY OF Patrick |. Demprer poey
Slide 23: Well Positioned for Continued Growth
| Well Positioned for Continued Growth ‘Strong growth since 2020 and after the acquisition of Merchants Bank: = Assets: 59.5% = Gross Loans: 62.3% = Deposits: 62.8% = Netincome: 59.5%" Diversified Balance Sheet '¢ Loans mix 57.8% commercial; 42.2% retail. ‘+ High quality investments portfolio 20.1%
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