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North Dallas Bank & Trust Co.: North Dallas Bank & Trust Co. Announces Fourth Quarter Earnings of $0.54 per Share

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^{Published in Business and Finance on Wednesday, January 21st 2009 at 14:31 GMT, Last Modified on 2009-01-21 14:31:25 by Market Wire}  

DALLAS, TX--(Marketwire - January 21, 2009) - North Dallas Bank & Trust Co. (OTCBB: [ NODB ]) announces net earnings of $1,387,005 or $0.54 per share for the three months ending December 31, 2008, compared to $1,579,967 or $0.62 per share for the same period in 2007. Net earnings for the year ending December 31, 2008 totaled $5,355,762 or $2.08 per share compared to $5,565,494 or $2.17 per share in 2007. The annual shareholders' meeting is scheduled for February 3, 2009 in Dallas, Texas.

The current earnings were prepared internally without review by the company's independent accountants. Earnings are the result of past performance, events and market conditions and are not a guarantee of future results. Any forward-looking implications derived from this information may differ materially from actual results. Please direct any questions to Sam Renshaw, Senior Executive Vice President and CFO.

North Dallas Bank & Trust Co., established in 1961, has more than $974 million in assets and is a locally owned bank with five locations in the Dallas area.