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F I D E L I T Y D & D B A N C O R P, I N C . 2 0 2 1 A N N U A L R E P O R T
“We are what we repeatedly do.
Excellence, then, is not an act but a habit.”
Katelyn Abraham Kelly Adams Johnathan Ahbez Miller Elizabeth Alicea Debra Alimenti Audrey Altemose Isabel Anderson Brenda Andes Joseph Angelella Paul John Arvay James Aten Michelle Auld Angela Babio Tracy
Barber Ryan Barhight Lori Barrett Alyssa Bartoli Rosa Bartolucci Laura Bearby Kelly Bell Eileen Bell Daria Benedict Maryann Bissol Mary Lynn Blasi Dana Bloom Jennifer Blumer Jillian Bochnovich Lisa Bogumil Patrick
Boles Jennifer Bonavoglia Maria Bonin Jalen Bridges Melissa Briggs Angel Browder Debora Brown Jennifer Bruce Kathleen Brue Conor Bullard Tiffany Burch Glenn Burge David Burge Mary Burge Cynthia Cacioppo
Steven Candela Carmen Caputo Deborah Carey Joseph Carlin Diane Carney Michelle Carr Bryanne Caruso Alison Castellino Paulina Cenni Felicity Chee Frank Cimino Jake Ciullo Dominique Clark Samantha Clark
Kristi Cleveland Sandy Clymer Michael Cobb Judith Comerford Anthony Consalvo Kristen Corrado Elisa Costantino Michael Coury Rona Covalesky Rosemarie Coyne Adam Crahall Lawrence Crimi Derek Cronauer
Lesly Culkin Frederick Curcio Patricia Curley George Czajkowski Scott Davenport Angelo DeCesaris Salvatore DeFrancesco Jennifer DeJonge Kathleen DeLeo Katelyn Demers Gerard Demuth Margaret Dermody
Michael DeSarro Candace Dexheimer Tylene Dodge Carol Dolan Cynthia Dopko Kelley Dougherty Stephanie Dowling Derek Dunstone Loriann Edwards Maryann Ellefsen Virginia Ernst Robert Farrell William Fennie
Brittani Fenton John Ferrett Shanay Figueroa Matthew Fisch JoAnn Fuller Lawless Claudia Garcia Jennifer Garcia Carey Garvey Elizabeth Gilgallon Denise Giogaia Kristina Gonzalez Rachel Goodwin Joshua Gorton
Aaron Goryl Teresa Gozik Tyson Elizabeth Graham Connie Greenamoyer Kristin Greis Eliese Grella John Grochowski Kristin Grow Renee Grube Shawna Halley Logan Hansman Michelle Hausmann Kenneth Heater
Adam Higgins Carol Hilton Theresa Hinton Neil Hockenberry David Hoffner Melinda Hoffner Robert Hooper Kiana Hubbard Dena Hughes Elizabeth Hulbert Susan Hynds Amr Ismail Delbert James Christa Jennings
Jillian Jezuit Mark Jobes Candice Johnson Dragan Jokic Nicole Judge Clint Kakalecik Donna Kane Lina Kanuik Michael Karpovich Alyssa Kauffman Ravneet Kaur Heather Kazinetz Elizabeth Kelly Sandra Kennedy
Virginia Kielar Brandon Kline Sarah Kline Sarah Knoble Noelle Krempasky Geetha Kumar Susan Labar Beth Langston Mariane Lank Briar Laurito Jordan Lavelle Maria Lawler Diane Layman Alyssa Lehr Helen Leon
Jody Lewis Lisa Lilly Samantha Lima Kerry Lobel Bryan Loftus Michelle Logozzo Susan Mae Lucas Lauren Luongo Elizabeth MacArthur William Malitsch Angel Mandarano Michael Marinelli Mary Ann Marranca Joann
Marsili Rachel Marsili Yoselinne Martinez Raquel Mateo William McAndrew Trinity McAndrew Jason McCabe Kevin McCormick Ryan McGowan Charondi McIver Michelle McMaster Mary McNichols Sara McNichols
Janie McRoy Kathryne Miller Lisa Minor Eric Montella Michele Moon Thomas Moore Donna Muir Sharon Mullaney Richard Mullen Lirika Nashi George Neubauer Ryan Nork James O'Brien Christopher OBrien Timothy
O'Brien Thomas O'Malley Ivan Orrego Diane Pacovich Michael Pacyna Christopher Pagano Nicholas Parise John Pash Cherisse Peaten Stephen Pelleschi Gwendolyn Pensyl Rhett Perdew Carlos Perez Gutierrez
Davene Perruso Carol Petliski Joanne Pezzuti Rebecca Phillips Melissa Piccione Hannah Pierre Grace Pineda Jeffrey Pisarcik Antoniette Porpiglia Carmella Pringle-Kuzdro Paula Provenzano Jeffrey Rake Carlo Ramelah
Deborah Ratuszny Mary Reid Karen Renfer Ellen Renfer Kathryn Richards Robert Riley Sarah Rinaldi Judith Rinehart Anna Maria Rittle Melissa Robinson Kristopher Rogers Theresa Roginski Roselis Rojas Kathy Roskos
Sadie Roth Mary Ann Roushey Lori Rowker Alan Rudalavage Todd Saab Melissa Sadaka Daniel Santaniello Michele Santaniello Michele Schmidt Kevin Scotch James Seguin Allyson Seliga Sharon Sheperis Hannah
Shurtleff Madison Sickler Wayne Silvius Kelleah Simonson Martin Skodocek Dana Slater Morgan Sledzinski Chris Sledzinski Kevin Smith Kathleen Solsman Sarah Sorrells Michelle Stash Kelly Steinmetz William
Stevens Matthew Stroney Kyle Suplee Rebekah Tasker Kristi Thomas Kathleen Timlin Heena Tolani Joseph Tomko Laura Torres Nicholas Traino Dydyna Tranguch Amy Trently James Tressler Colleen Tunis Maureen
Turner Cynthia Uchic Jill Valentini Christine Valvano Maria Vera Aashish Verma Amanda Vinciguerra Melody Vinciguerra Alexander Volz Eugene Walsh Erin Walsh Lacey Walsh Susan Weaver Eric Wetterlin Tyler Whitmore
Adam Williams John Williams Linda Wishard Sheila Wood Hannah Woolf Lynn Wormuth George Wynne George Yakubisin Nicole Yazinski Deborah Yearing Thomas Zabresky Katelyn Abraham Kelly Adams Johnathan
Ahbez Miller Elizabeth Alicea Debra Alimenti Audrey Altemose Isabel Anderson Brenda Andes Joseph Angelella Paul John Arvay James Aten Michelle Auld Angela Babio Tracy Barber Ryan Barhight Lori Barrett Alyssa
Bartoli Rosa Bartolucci Laura Bearby Kelly Bell Eileen Bell Daria Benedict Maryann Bissol Mary Lynn Blasi Dana Bloom Jennifer Blumer Jillian Bochnovich Lisa Bogumil Patrick Boles Jennifer Bonavoglia Maria Bonin
Jalen BridgesMelissa Briggs Angel Browder Debora Brown Jennifer Bruce Kathleen Brue Conor Bullard Tiffany Burch Glenn Burge David Burge Mary Burge Cynthia Cacioppo Steven Candela Carmen Caputo Deborah
Carey Joseph Carlin Diane Carney Michelle Carr Bryanne Caruso Alison Castellino Paulina Cenni Felicity Chee Frank Cimino Jake Ciullo Dominique Clark Samantha Clark Kristi Cleveland Sandy Clymer Michael Cobb
Judith Comerford Anthony Consalvo Kristen Corrado Elisa Costantino Michael Coury Rona Covalesky Rosemarie Coyne Adam Crahall Lawrence Crimi Derek Cronauer Lesly Culkin Frederick Curcio Patricia Curley
George Czajkowski Scott Davenport Angelo DeCesaris Salvatore DeFrancesco Jennifer DeJonge Kathleen DeLeo Katelyn Demers Gerard Demuth Margaret Dermody Michael DeSarro Candace Dexheimer Tylene
Dodge Carol Dolan Cynthia Dopko Kelley Dougherty Stephanie Dowling Derek Dunstone Loriann Edwards Maryann Ellefsen Virginia Ernst Robert Farrell William Fennie Brittani Fenton John Ferrett Shanay Figueroa
Matthew Fisch JoAnn Fuller Lawless Claudia Garcia Jennifer Garcia Carey Garvey Elizabeth Gilgallon Denise Giogaia Kristina Gonzalez Rachel Goodwin Joshua Gorton Aaron Goryl Teresa Gozik Tyson Elizabeth Graham
Connie Greenamoyer Kristin Greis Eliese Grella John Grochowski Kristin Grow Renee Grube Shawna Halley Logan Hansman Michelle Hausmann Kenneth Heater Adam Higgins Carol Hilton Theresa Hinton Neil
Hockenberry David Hoffner Melinda Hoffner Robert Hooper Kiana Hubbard Dena Hughes Elizabeth Hulbert Susan Hynds Amr Ismail Delbert James Christa Jennings Jillian Jezuit Mark Jobes Candice Johnson Dragan
Jokic Nicole Judge Clint Kakalecik Donna Kane Lina Kanuik Michael Karpovich Alyssa Kauffman Ravneet Kaur Heather Kazinetz Elizabeth Kelly Sandra Kennedy Virginia Kielar Brandon Kline Sarah Kline Sarah Knoble
Noelle Krempasky Geetha Kumar Susan Labar Beth Langston Mariane Lank Briar Laurito Jordan Lavelle Maria Lawler Diane Layman Alyssa Lehr Helen Leon Jody Lewis Lisa Lilly Samantha Lima Kerry Lobel Bryan
Loftus Michelle Logozzo Susan Mae Lucas Lauren Luongo Elizabeth MacArthur William Malitsch Angel Mandarano Michael Marinelli Mary Ann Marranca Joann Marsili Rachel Marsili Yoselinne Martinez Raquel Mateo
William McAndrew Trinity McAndrew Jason McCabe Kevin McCormick Ryan McGowan Charondi McIver Michelle McMaster Mary McNichols Sara McNichols Janie McRoy Kathryne Miller Lisa Minor Eric Montella
Michele Moon Thomas Moore Donna Muir Sharon Mullaney Richard Mullen Lirika Nashi George Neubauer Ryan Nork James O'Brien Christopher OBrien Timothy O'Brien Thomas O'Malley Ivan Orrego Diane Pacovich
Michael Pacyna Christopher Pagano Nicholas Parise John Pash Cherisse Peaten Stephen Pelleschi Gwendolyn Pensyl Rhett Perdew Carlos Perez Gutierrez Davene Perruso Carol Petliski Joanne Pezzuti Rebecca
Phillips Melissa Piccione Hannah Pierre Grace Pineda Jeffrey Pisarcik Antoniette Porpiglia Carmella Pringle-Kuzdro Paula Provenzano Jeffrey Rake Carlo Ramelah Deborah Ratuszny Mary Reid Karen Renfer Ellen Renfer
Kathryn Richards Robert Riley Sarah Rinaldi Judith Rinehart Anna Maria Rittle Melissa Robinson Kristopher Rogers Theresa Roginski Roselis Rojas Kathy Roskos Sadie Roth Mary Ann Roushey Lori Rowker Alan
Rudalavage Todd Saab Melissa Sadaka Daniel Santaniello Michele Santaniello Michele Schmidt Kevin Scotch James Seguin Allyson Seliga Sharon Sheperis Hannah Shurtleff Madison Sickler Wayne Silvius Kelleah
Simonson Martin Skodocek Dana Slater Morgan Sledzinski Chris Sledzinski Kevin Smith Kathleen Solsman Sarah Sorrells Michelle Stash Kelly Steinmetz William Stevens Matthew Stroney Kyle Suplee Rebekah Tasker
Kristi Thomas Kathleen Timlin Heena Tolani Joseph Tomko Laura Torres Nicholas Traino Dydyna Tranguch Amy Trently James Tressler Colleen Tunis Maureen Turner Cynthia Uchic Jill Valentini Christine Valvano Maria
ARISTOTLE
Vera Aashish Verma Amanda Vinciguerra Melody Vinciguerra Alexander Volz Eugene Walsh Erin Walsh Lacey Walsh Susan Weaver Eric Wetterlin Tyler Whitmore Adam Williams John Williams Linda Wishard Sheila Wood
Hannah Woolf Lynn Wormuth George Wynne George Yakubisin Nicole Yazinski Deborah Yearing Thomas Zabresky Katelyn Abraham Kelly Adams Johnathan Ahbez Miller Elizabeth Alicea Debra Alimenti Audrey Altemose
Isabel Anderson Brenda Andes Joseph Angelella Paul John Arvay James Aten Michelle Auld Angela Babio Tracy Barber Ryan Barhight Lori Barrett Alyssa Bartoli Rosa Bartolucci Laura Bearby Kelly Bell Eileen Bell Daria
Benedict Maryann Bissol Mary Lynn Blasi Dana Bloom Jennifer Blumer Jillian Bochnovich Lisa Bogumil Patrick Boles Jennifer Bonavoglia Maria Bonin Jalen Bridges Melissa Briggs Angel Browder Debora Brown
Jennifer Bruce Kathleen Brue Conor Bullard Tiffany Burch Glenn Burge David Burge Mary Burge Cynthia Cacioppo Steven Candela Carmen Caputo Deborah Carey Joseph Carlin Diane Carney Michelle Carr Bryanne
Caruso Alison Castellino Paulina Cenni Felicity Chee Frank Cimino Jake Ciullo Dominique Clark Samantha Clark Kristi Cleveland Sandy Clymer Michael Cobb Judith Comerford Anthony Consalvo Kristen Corrado Elisa
Costantino Michael Coury Rona Covalesky Rosemarie Coyne Adam Crahall Lawrence Crimi Derek Cronauer Lesly Culkin Frederick Curcio Patricia Curley George Czajkowski Scott Davenport Angelo DeCesaris Salvatore
DeFrancesco Jennifer DeJonge Kathleen DeLeo Katelyn Demers Gerard Demuth Margaret Dermody Michael DeSarro Candace Dexheimer Tylene Dodge Carol Dolan Cynthia Dopko Kelley Dougherty Stephanie Dowling
Derek Dunstone Loriann Edwards Maryann Ellefsen Virginia Ernst Robert Farrell William Fennie Brittani Fenton John Ferrett Shanay Figueroa Matthew Fisch JoAnn Fuller Lawless Claudia Garcia Jennifer Garcia Carey
Garvey Elizabeth Gilgallon Denise Giogaia Kristina Gonzalez Rachel Goodwin Joshua Gorton Aaron Goryl Teresa Gozik Tyson Elizabeth Graham Connie Greenamoyer Kristin Greis Eliese Grella John Grochowski Kristin
Grow Renee Grube Shawna Halley Logan Hansman Michelle Hausmann Kenneth Heater Adam Higgins Carol Hilton Theresa Hinton Neil Hockenberry David Hoffner Melinda Hoffner Robert Hooper Kiana Hubbard Dena
Hughes Elizabeth Hulbert Susan Hynds Amr Ismail Delbert James Christa Jennings Jillian Jezuit Mark Jobes Candice Johnson Dragan Jokic Nicole Judge Clint Kakalecik Donna Kane Lina Kanuik Michael Karpovich
Alyssa Kauffman Ravneet Kaur Heather Kazinetz Elizabeth Kelly Sandra Kennedy Virginia Kielar Brandon Kline Sarah Kline Sarah Knoble Noelle Krempasky Geetha Kumar Susan Labar Beth Langston Mariane Lank
Briar Laurito Jordan Lavelle Maria Lawler Diane Layman Alyssa Lehr Helen Leon Jody Lewis Lisa Lilly Samantha Lima Kerry Lobel Bryan Loftus Michelle Logozzo Susan Mae Lucas Lauren Luongo Elizabeth MacArthur
William Malitsch Angel Mandarano Michael Marinelli Mary Ann Marranca Joann Marsili Rachel Marsili Yoselinne Martinez Raquel Mateo William McAndrew Trinity McAndrew Jason McCabe Kevin McCormick Ryan
McGowan Charondi McIver Michelle McMaster Mary McNichols Sara McNichols Janie McRoy Kathryne Miller Lisa Minor Eric Montella Michele Moon Thomas Moore Donna Muir Sharon Mullaney Richard Mullen
Lirika Nashi George Neubauer Ryan Nork James O'Brien Christopher OBrien Timothy O'Brien Thomas O'Malley Ivan Orrego Diane Pacovich Michael Pacyna Christopher Pagano Nicholas Parise John Pash Cherisse
Peaten Stephen Pelleschi Gwendolyn Pensyl Rhett Perdew Carlos Perez Gutierrez Davene Perruso Carol Petliski Joanne Pezzuti Rebecca Phillips Melissa Piccione Hannah Pierre Grace Pineda Jeffrey Pisarcik Antoniette
Porpiglia Carmella Pringle-Kuzdro Paula Provenzano Jeffrey Rake Carlo Ramelah Deborah Ratuszny Mary Reid Karen Renfer Ellen Renfer Kathryn Richards Robert Riley Sarah Rinaldi Judith Rinehart Anna Maria Rittle
Melissa Robinson Kristopher Rogers Theresa Roginski Roselis Rojas Kathy Roskos Sadie Roth Mary Ann Roushey Lori Rowker Alan Rudalavage Todd Saab Melissa Sadaka Daniel Santaniello Michele Santaniello
Michele Schmidt Kevin Scotch James Seguin Allyson Seliga Sharon Sheperis Hannah Shurtleff Madison Sickler Wayne Silvius Kelleah Simonson Martin Skodocek Dana Slater Morgan Sledzinski Chris Sledzinski Kevin
Smith Kathleen Solsman Sarah Sorrells Michelle Stash Kelly Steinmetz William Stevens Matthew Stroney Kyle Suplee Rebekah Tasker Kristi Thomas Kathleen Timlin Heena Tolani Joseph Tomko Laura Torres Nicholas
Traino Dydyna Tranguch Amy Trently James Tressler Colleen Tunis Maureen Turner Cynthia Uchic Jill Valentini Christine Valvano Maria Vera Aashish Verma Amanda Vinciguerra Melody Vinciguerra Alexander Volz Eugene
Walsh Erin Walsh Lacey Walsh Susan Weaver Eric Wetterlin Tyler Whitmore Adam Williams John Williams Linda Wishard Sheila Wood Hannah Woolf Lynn Wormuth George Wynne George Yakubisin Nicole Yazinski
Deborah Yearing Thomas Zabresky Katelyn Abraham Kelly Adams Johnathan Ahbez Miller Elizabeth Alicea Debra Alimenti Audrey Altemose Isabel Anderson Brenda Andes Joseph Angelella Paul John Arvay James
Aten Michelle Auld Angela Babio Tracy Barber Ryan Barhight Lori Barrett Alyssa Bartoli Rosa Bartolucci Laura Bearby Kelly Bell Eileen Bell Daria Benedict Maryann Bissol Mary Lynn Blasi Dana Bloom Jennifer Blumer
Jillian Bochnovich Lisa Bogumil Patrick Boles Jennifer Bonavoglia Maria Bonin Jalen Bridges Melissa Briggs Angel Browder Debora Brown Jennifer Bruce Kathleen Brue Conor Bullard Tiffany Burch Glenn Burge David
Burge Mary Burge Cynthia Cacioppo Steven Candela Carmen Caputo Deborah Carey Joseph Carlin Diane Carney Michelle Carr Bryanne Caruso Alison Castellino Paulina Cenni Felicity Chee Frank Cimino Jake Ciullo
Dominique Clark Samantha Clark Kristi Cleveland Sandy Clymer Michael Cobb Judith Comerford Anthony Consalvo Kristen Corrado Elisa Costantino Michael Coury Rona Covalesky Rosemarie Coyne Adam Crahall
Lawrence Crimi Derek Cronauer Lesly Culkin Frederick Curcio Patricia Curley George Czajkowski Scott Davenport Angelo DeCesaris Salvatore DeFrancesco Jennifer DeJonge Kathleen DeLeo Katelyn Demers Gerard
Demuth Margaret Dermody Michael DeSarro Candace Dexheimer Tylene Dodge Carol Dolan Cynthia Dopko Kelley Dougherty Stephanie Dowling Derek Dunstone Loriann Edwards Maryann Ellefsen Virginia Ernst
Robert Farrell William Fennie Brittani Fenton John Ferrett Shanay Figueroa Matthew Fisch JoAnn Fuller Lawless Claudia Garcia Jennifer Garcia Carey Garvey Elizabeth Gilgallon Denise Giogaia Kristina Gonzalez
Rachel Goodwin Joshua Gorton Aaron Goryl Teresa Gozik Tyson Elizabeth Graham Connie Greenamoyer Kristin Greis Eliese Grella John Grochowski Kristin Grow Renee Grube Shawna Halley Logan Hansman Michelle
Hausmann Kenneth Heater Adam Higgins Carol Hilton Theresa Hinton Neil Hockenberry David Hoffner Melinda Hoffner Robert Hooper Kiana Hubbard Dena Hughes Elizabeth Hulbert Susan Hynds Amr Ismail Delbert
James Christa Jennings Jillian Jezuit Mark Jobes Candice Johnson Dragan Jokic Nicole Judge Clint Kakalecik Donna Kane Lina Kanuik Michael Karpovich Alyssa Kauffman Ravneet Kaur Heather Kazinetz Elizabeth
Kelly Sandra Kennedy Virginia Kielar Brandon Kline Sarah Kline Sarah Knoble Noelle Krempasky Geetha Kumar Susan Labar Beth Langston Mariane Lank Briar Laurito Jordan Lavelle Maria Lawler Diane Layman
Alyssa Lehr Helen Leon Jody Lewis Lisa Lilly Samantha Lima Kerry Lobel Bryan Loftus Michelle Logozzo Susan Mae Lucas Lauren Luongo Elizabeth MacArthur William Malitsch Angel Mandarano Michael Marinelli
Mary Ann Marranca Joann Marsili Rachel Marsili Yoselinne Martinez Raquel Mateo William McAndrew Trinity McAndrew Jason McCabe Kevin McCormick Ryan McGowan Charondi McIver Michelle McMaster Mary
McNichols Sara McNichols Janie McRoy Kathryne Miller Lisa Minor Eric Montella Michele Moon Thomas Moore Donna Muir Sharon Mullaney Richard Mullen Lirika Nashi George Neubauer Ryan Nork James O'Brien
Christopher OBrien Timothy O'Brien Thomas O'Malley Ivan Orrego Diane Pacovich Michael Pacyna Christopher Pagano Nicholas Parise John Pash Cherisse Peaten Stephen Pelleschi Gwendolyn Pensyl Rhett Perdew
Carlos Perez Gutierrez Davene Perruso Carol Petliski Joanne Pezzuti Rebecca Phillips Melissa Piccione Hannah Pierre Grace Pineda Jeffrey Pisarcik Antoniette Porpiglia Carmella Pringle-Kuzdro Paula Provenzano Jeffrey
Rake Carlo RamelahDeborah Ratuszny Mary Reid Karen Renfer Ellen Renfer Kathryn Richards Robert Riley Sarah Rinaldi Judith Rinehart Anna Maria Rittle Melissa Robinson Kristopher Rogers Theresa Roginski Roselis
Rojas Kathy Roskos Sadie Roth Mary Ann Roushey Lori Rowker Alan Rudalavage Todd Saab Melissa Sadaka Daniel Santaniello Michele Santaniello Michele Schmidt Kevin Scotch James Seguin Allyson Seliga Sharon
Sheperis Hannah Shurtleff Madison Sickler Wayne Silvius Kelleah Simonson Martin Skodocek Dana Slater Morgan Sledzinski Chris Sledzinski Kevin Smith Kathleen Solsman Sarah Sorrells Michelle Stash Kelly
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F I D E L I T Y D & D B A N C O R P, I N C . 2 0 2 1 A N N U A L R E P O R T
Message to our Valued Shareholders:
Message to Our Valued Shareholders:
The Board of Directors and the Fidelity
Bankers are very pleased to report that the
Company ended the year with net income
of $24.0 million, or $4.48 diluted earnings
per share of common stock. A strategic
focus on building mutually beneficial
relationships and partnering with our clients
to achieve financial success has generated
strong growth in loans, deposits, and non-
interest income. By the end of 2021, total
assets reached $2.4 billion – a 42%,
increase over 2020. The Fidelity Bankers’
commitment to creating an extraordinary
banking experience has continued to
differentiate the Fidelity Bank brand and to
produce exceptional shareholder value.
After the recession caused by the COVID-
19 pandemic in 2020, the nation’s
economy rebounded in 2021, growing
5.7%, with robust consumer spending the
primary driver of economic growth.
Although inflationary pressures and labor
shortages may continue to be challenges,
the economy is expected to continue to
grow steadily in 2022, above the pre-pandemic
trend growth. (US News & AP News)
Record Results
The Bank has continued to achieve record
financial results, generating robust growth
in deposits, loans, non-interest income
and capital, and increasing an already
strong capital position. The growth in loans
and deposits enabled the Company to
increase net interest income by over
$17.6 million, a 40% improvement, with
the loan portfolio producing a $12.2
million increase in interest income.
Forging the Path to Growth
Fidelity Bank’s ongoing success is the direct
result of the execution of the strategic
initiative of building long-term relationships
through organic and inorganic growth.
Over ten years ago, the Bank undertook
an internal transformation, guided by a
strategic vision centered on the client
experience. During a process of evolution
and continuous achievement, Fidelity
Bankers dedicated their efforts to
providing clients with financial products
based upon their needs, becoming trusted
financial advisors, and partnering with
clients to achieve mutual financial success.
The Bank’s growth has been the result of
these efforts.
Directors of Fidelity D & D Bancorp, Inc. and
of Fidelity Bank.
As Fidelity Bank continues to build upon its
successes, it has remained committed to
providing greater value to Bankers, clients,
shareholders, and communities. With
growth and greater scale, Fidelity Bank
has increased efficiency, enhanced
productivity, and expanded into new,
profitable markets.
Growth has also made it possible to better
execute on the Bank’s vision to the benefit of
all stakeholders. With increased scale and
sustainable growth, Fidelity Bank is in a
stronger position to provide additional
opportunities to its Bankers; to continue to
enhance the client banking experience by
investing in advanced digital technologies; to
invest further in the communities served;
and to continue to produce exceptional value
for shareholders.
Expanding Our Reach
On July 1st of 2021, Fidelity Bank
completed the acquisition of Landmark
Community Bank, expanding its market
share and reach further into Luzerne County
and adding strong new bankers to the
Fidelity family. Three new branches –
located in Wyoming, Hazleton, and Hazle
Township – now enhance the Company’s
presence in the market, positioning the Bank
for continued growth.
With this strategic acquisition, Fidelity Bank
added $375.5 million in total assets, $308.5
million in deposits and $298.9 million in
loans to the Company’s balance sheet and
rose to 2nd in deposit market share within
the Scranton/Wilkes-Barre/Hazleton
metropolitan statistical area.
Spanning four counties, the new
organization is $2.4 billion in assets,
providing clients access to 23 branches,
each offering a full range of consumer and
business products and services, as well as
the benefits of enhanced scale and
operating efficiency.
The Company‘s Board of Directors proudly
welcomes Landmark Community Bank’s
bankers, clients, and shareholders, and
extends a warm welcome to Paul C.
Woelkers, who has joined the Board of
Reaching New Heights
From residential mortgage lending and
consumer lending, to commercial and
business financing, Fidelity Bank has
maintained its position as market leader in
Northeast PA, achieving strong originations
across all portfolios and realizing a year-end
level of loans in excess of $1.4 billion – a
28% increase over 2020. Commercial loan
originations were also at a record level,
reaching $295.6 million, including $77.2
million of Paycheck Protection Program (PPP)
loans. The growth in the loan portfolio was
funded by a strong inflow of new deposits. As
of December 31, 2021, the Company
achieved a record year-end level of deposits,
totaling $2.2 billion, while organic deposit
growth reached $352 million.
Despite the challenges posed by the COVID-19
pandemic, the Bank’s residential lending
team has continued to excel in finding
solutions to address the homeownership
needs of the Bank’s service area. Ranked as
the #1 mortgage lender in the Lackawanna
County market for 12 years in a row, in 2021
Fidelity Bank also achieved the rank of the #1
mortgage lender in the Scranton/Wilkes-
Barre/Hazleton MSA (Home Mortgage
Disclosure Act data.)
From Lackawanna County to the Lehigh
Valley, the local community has continued to
recognize the level of commitment the Fidelity
Bankers bring to each client relationship. This
September, the readers of The Scranton
Times voted Fidelity Bank “Best Bank” in the
marketplace for the eighth year, while the
readers of The Morning Call in the Lehigh
Valley also voted Fidelity Bank “Best Bank.” As
the Company builds its legacy within the
Lehigh Valley, the attention to building strong
and lasting relationships and creating a brand
second to none has been recognized by
clients and the community.
Mitigating the Impact of COVID-19
As the impact of COVID-19 continued to be
felt by the business community, Fidelity Bank
once again participated in the Small Business
Administration CARES Act Paycheck
Protection Program. Recognized by the SBA
as the #1 PPP lender in Lackawanna County
for its participation during Round 1 of the
program, the Bank funded a total of 2,573
PPP loans for over $236.3 million in 2020
and 2021 combined, helping business
owners retain over 36,000 employees.
Short-term relief was also provided to over
1,300 borrowers located within the
communities the Bank serves, in the form of
loan payment forbearance or interest-only
payment modifications.
To further assist clients, Fidelity Bankers, and
the communities impacted by the effects of
the COVID-19 pandemic, the Company
implemented a proactive approach designed
to safeguard health and safety, and to make it
easier for clients to access services through
easy-to-use digital banking options. As
branch lobbies re-opened in February 2021,
management continued to protect both its
Bankers and clients through adherence to
CDC guidelines.
An Exceptional Banking Experience
The Company continues its mission of
exceeding client expectations through an
exceptional banking experience, whether
delivered in person or through a variety of
digital platforms.
Clients can access banking services 24
hours a day, 7 days a week, through our
digital and mobile tools. Loans and
deposits can be opened online, and clients
can make online deposits, payments, and
transfer funds from the convenience of their
3
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F I D E L I T Y D & D B A N C O R P, I N C . 2 0 2 1 A N N U A L R E P O R T
economic development initiatives to help
struggling people and businesses, the Bank
also provided donations to community
partners, including non-profit groups such
as the Greater Scranton YMCA, to address
food insecurity and other issues resulting
from the pandemic. The Bank also helped
to provide enriched educational experiences
to hundreds of children and youth,
contributing to schools and children’s
programs through the Educational
Improvement Tax Credit program (EITC).
Throughout the year, community groups
and local non-profits benefitted from more
than $1.8 million in donations and
sponsorships awarded through Fidelity
Bank and the Fidelity D & D Charitable
Foundation. In addition to these donations,
the Bank also provided community non-
profit groups more than 3,000 hours of
volunteer time, making it possible for Fidelity
Bankers to support the community causes
of their choice through volunteer time off.
Creating Sustainable Shareholder Value
The Bank’s strategic approach of delivering
value to clients through successful
relationship management has continued to
create strong financial results and long-term
shareholder value. For the eighth consecutive
year, the American Banker Magazine has
recognized Fidelity Bank as one of the “Top
200 Community Banks in the Country” for
achieving a three-year return on average
equity (ROAE) of 10.97%. The ROAE
ranked Fidelity Bank as the 127th most
profitable public bank in the nation (from
over 500 publicly traded community banks
with assets less than $2 billion.)
The Fidelity Bankers continue to execute a
strategic plan that centers on providing
consumer and business clients products
and services that are based upon their
financial needs. In doing so, Fidelity Bank
continues to build strong and lasting
relationships with its clients and creates
financial success for all stakeholders.
Importantly, this strategic focus has also
created a more consistent, diversified, and
stable revenue stream for the Bank.
These are extraordinary times. The Fidelity
Bank Board of Directors and Management
understand the opportunities and
challenges ahead and have positioned the
Company to navigate effectively through
the current global and regional economic
climate. The Bank’s balance sheet remains
very healthy, capital levels are well above
regulatory levels, and the Fidelity Bank
“Brand” stands tall within the marketplace.
A Commitment to Success
Eleven years ago, Fidelity Bank made a
commitment to success by providing our
clients an extraordinary experience, with
the aspiration of being the best bank for its
Bankers to work, for clients to bank,
shareholders to invest, and for the
community to prosper.
Today’s accomplishments are the result of
the hard work and perfect effort each
Banker has put forth, bringing the Bank’s
vision to life, building on successes, and
continuing to provide extraordinary client
experiences. Every Fidelity Banker has had
a hand in the collective achievements of
our Bank, and it is the expertise and
commitment to success of the 320 Fidelity
Bankers that will continue to move the
Bank forward.
Sincerely,
Brian J. Cali,
Chairman of the Board
Daniel J. Santaniello,
President and Chief Executive Officer
home. In 2022, Fidelity Bank’s strategic
plan will align its current digital delivery
system with an updated delivery model,
creating an omni-channel approach that
will further enhance the client experience.
These improvements will include an
updated digital deposit opening platform
and a new website featuring an updated
chat function, chatbot AI capabilities, an
appointment setting tool, and video
banking. With these enhancements, all
banking activity, including meeting with a
Banker, can be done from wherever the
client chooses. In addition, the Customer
Care Center, staffed with experienced
bankers, is open 7 days a week.
Investing in the Future
As Fidelity Bank grows, innovates, and
strives to deliver the best in banking, one
thing has remained constant – an
unwavering commitment to those we
serve. Working with community groups, the
Bank is helping to build a better future,
making communities better places to live,
work, learn, and play.
In 2021, the continued impact of the
COVID-19 pandemic on families and
school districts intensified the need for
charitable funding. While participating in
BOARD OF
DIRECTORS
BRIAN J. CALI, CHAIRMAN
MICHAEL J. MCDONALD, VICE CHAIRMAN
DANIEL J. SANTANIELLO, PRESIDENT AND CHIEF EXECUTIVE OFFICER
JOHN T. COGNETTI, SECRETARY
RICHARD M. HOTCHKISS
WILLIAM J. JOYCE
RICHARD J. LETTIERI
KRISTIN D. O’DONNELL
ALAN SILVERMAN
HELENBETH GAROFALO VILCEK
PAUL C. WOELKERS
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FINANCIAL HIGHLIGHTS
Assets
(Dollars in millions)
Total Loans & Leases, Net
(Dollars in millions)
Deposits
(Dollars in millions)
Shareholders’ Equity
(Dollars in millions)
Net Income
(Dollars in millions)
Dividends Per Share
(Dollars)
2750
2500
2250
2000
1750
1500
1250
1000
950
900
850
800
$2,419
1500
1400
1300
1200
1100
1000
900
800
700
600
500
400
$1,449
2250
2000
1750
1500
1250
1000
900
800
700
600
500
400
$2,170
220
200
180
160
140
120
100
80
60
40
20
10
$212
24
22
20
18
16
14
10
8
$1.23
$24
1.23
1.15
1.06
1.00
.95
.90
.85
.80
.75
.70
‘17
’18
‘19
’20
‘21
‘17
’18
‘19
’20
‘21
‘17
’18
‘19
’20
‘21
‘17
’18
‘19
’20
‘21
‘17
’18
‘19
’20
‘21
‘17
’18
‘19
’20
‘21
(dollars in thousands except per share data)
Amount
% Change
Amount
% Change
1202
2020
2
019
Amount
1802
Amount
2017
Amount
For the Year
Net Interest Income
emocnI teN
Cash Dividends
Return on Average Assets
Return on Average Equity
Net Interest Margin
Per Share
Net Income - Diluted
Cash Dividends
eulaV kooB
Average Shares Outstanding
At Year End
stessA
Earning Assets
Investment Securities
Total Loans & Leases, Net
stisopeD
sgniworroB
Shareholders’ Equity
$
$
$
$
$
$
$
$
$
$
$
$
$
61,829
24,008
6,608
1.13%
12.69%
3.23%
4.48
1.23
37.50
39.9%
84.2%
22.9%
58.5%
7.9%
12.0%
5,321,687
16.0%
2,419,104
2,273,652
738,980
1,449,231
2,169,865
10,620
211,729
42.3%
42.9%
88.3%
27.7%
43.7%
112.4%
27.0%
$
$
$
$
$
$
$
$
$
$
$
$
$
44,185
13,035
5,378
0.87%
9.06%
3.30%
2.82
1.14
33.48
4,586,224
1,699,510
1,590,841
392,420
1,135,236
1,509,505
5,000
166,670
39.3%
12.6%
33.2%
-6.9%
7.5%
18.5%
21.3%
68.3%
68.9%
112.0%
52.3%
80.6%
-90.5%
56.0%
$
$
$
31,715
11,576
4,037
1.18%
11.49%
3.52%
$
$
$
3.03
1.06
28.25
3,779,582
1,009,927
$
$
$
$
$
$
$
941,960
185,117
745,306
835,737
52,839
106,835
$
$
$
30,457
11,006
3,708
1.20%
12.36%
3.59%
2.90
0.98
24.89
3,752,704
981,102
920,082
182,810
724,024
770,183
108,070
93,557
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
27,841
8,716
3,285
1.03%
10.34%
3.66%
2.33
0.88
23.40
3,711,490
863,637
808,004
157,385
640,353
730,146
39,706
87,383
Shares Outstanding
5,645,687
13.4%
4,977,750
31.6%
3,781,500
3,759,426
3,734,478
Ratios
Net Loans to Deposits
Non-performing Assets to Total Assets
Equity to Assets
Tier I Risk-Based Capital
Total Risk-Based Capital
66.79%
0.27%
8.75%
13.40%
14.51%
75.21%
0.39%
9.81%
15.21%
16.46%
89.18%
0.50%
10.58%
14.51%
15.76%
94.01%
0.64%
9.54%
13.50%
14.75%
87.70%
0.73%
10.12%
13.70%
14.95%
5
e v o l u t i o n
ĕv″ə-loo(cid:31)′shən
noun: a process of change in a certain direction.
Just over a decade ago, Fidelity Bank embarked
on a new path to growth that would transform its
culture and empower the Fidelity Bankers to fulfill
the Bank’s vision. The Bank’s continuing success
is the outcome of these efforts.
THE FIDELITY
e v o l u t i o n
e v o l u t i o n
2016
Assumed
Asset of the
Gratz Bank
Trust Department
TOTAL ASSETS
$792,944
2017
Listed
on The
NASDAQ Global
Market Exchange
TOTAL ASSETS
$863,637
2018
Listed
on the
Russell 2000
Index
TOTAL ASSETS
$981,102
2019
Launch
of SimpleNexus
Digital Mortgage
Origination Platform
TOTAL ASSETS
$1,009,927
2020
Acquisition
of Lehigh Valley’s
Merchants Bank
of Bangor
TOTAL ASSETS
$1,699,510
2021
Acquisition
of Luzerne County’s
Landmark
Community Bank
TOTAL ASSETS
$2,419,104
MICHELLE AULD
BECKY BELL
CARMEN CAPUTO
ELIESE GRELLA
SANDY CLYMER
PATRICK BOLES
MICHAEL COURY
MELISSA SADAKA
PAUL ARVAY
KENNETH HEATER
KATE ABRAHAM
KELLEAH SIMONSON
MARK JOBES
ALEX VOLZ
JUDITH RINEHART
LAURA BEARBY
LISA LILLY
2 0 1 6
2 0 2 1
$52,883,241
$295,505,348
272 M ORT G AGES CLOSED
1,135 MORTGAGES CLOSED
establishi ng
N E W H E I G H T S
The #1 mortgage lender in the Region
MISSING FROM PHOTOS:
MIKE MARINELLI
LYNN WORMUTH
The level of dedication and professionalism
demonstrated by the Fidelity Bankers was once again
recognized by the readers of the Scranton Times, who
for the eighth year voted Fidelity Bank “Best Bank” in
the marketplace, as well as by the readers of The
Morning Call, who also voted Fidelity Bank “Best Bank.”
Through their knowledge, skills, and commitment to
client centricity, Fidelity Bankers are not only helping
the Bank to thrive, they are also helping businesses
grow, creating jobs, building stronger communities, and
creating sustainable value for shareholders. They are
the engine that drives Fidelity Bank’s success, and
the power of the future is in their hands.
In the second year of the COVID-19 pandemic, the
Fidelity Mortgage Team continued to achieve a
historic growth in mortgages, resulting in another record
year and ranking Fidelity Bank as the #1 mortgage
lender in the Scranton/Wilkes-Barre/Hazleton MSA.
Driven by their commitment to an exceptional client
experience, the Bank’s mortgage team achieved closings
of a record 1,135 mortgages – a 12% increase over
2020’s record closings. While the Bank’s online
application made it easy for clients to apply for a loan, send
documentation, and view the loan’s progress, clients
also had access to mortgage team members to
review any part of the loan application and answer
any questions. Throughout the process, Fidelity
Bank’s team of originators, underwriters, closers,
processors, and managers worked flawlessly to keep
hundreds of applications flowing on schedule, and to
ensure that each client received an experience
second to none.
11
hel ping
2 0 1 6
22,876
2 0 2 1
42,126
TOTA L C LI ENTS
TOTAL CLIENTS
12
C L I E N T S S U C C E E D
The Bank’s growth and scale enrich the client experience as its Bankers
bring singular value to each relationship.
Walsh Electrical is a full service electrical contractor specializing in
Commercial, Industrial, Pharmaceutical, High Voltage, Natural Gas, and
Excavation since 1991. Leading the company are Founder/President
Michael Walsh, Sr., and Vice-President, Michael Walsh, Jr. For the past
20 years, the Clarks Summit-based company has enjoyed a successful
banking relationship with Fidelity Bank. Notes Walsh, Sr.: “I realized
years ago that community banks such as Fidelity are easier to deal
with for small businesses, more than the large corporate banks. Also,
the people at Fidelity Bank have always been very helpful and responsive.”
Over the years, the Bank has provided the company with flexible
lines of credit, a construction loan, and other types of financing that
have helped the business grow, including loans to acquire their new
building and warehouse. “They are good people,” observes Walsh.
“They take a personal interest in their client, and they are right there
with me anytime I need them. It’s been an unbelievable experience.”
For Paul B. Oberbeck, president of the National Magnetics Group, having
a personal relationship with their banking partner was key in the
transition from a large national bank to Fidelity Bank. “We felt
strongly about supporting a community bank and having a personal
relationship with our Banker,” says Oberbeck. Based in Bethlehem,
PA, National Magnetics Group manufactures advanced ceramic
materials that are critical to many industries throughout the world.
From magnets for particle accelerators to inductive chargers for
electronic vehicles, the company offers a wide variety of complex
custom parts used in a broad range of applications.
According to Oberbeck, Fidelity Bank’s team worked extremely hard
during the transition. “If something wasn’t what we were used to,” he
explains, “rather than saying ‘that’s the way Fidelity does it,’ they were
willing to make changes to support our business.” Most importantly,
Oberbeck notes that in today’s environment of rising raw material
prices, supply chain issues and labor availability it is comforting to
know that their banking relationship is solid. “With Fidelity being a
community bank. we know their focus is on us and we have access
to all levels of support. If we need help, we can trust Fidelity Bank.”
13
deepening
2 0 1 6
D O N A T I O N S
$443,034
2 0 2 1
D O N A T I O N S
$1,855,526
876 VOLUNTEE R HOU R S
3,137 VOLUN TEER HOURS
O U R C O M M I T M E N T
They believe in us, listen to what our dreams
“
are, sign on to the vision, and back us 100%” TRISH FISHER
face health inequities and hunger. Our senior population has
become increasingly isolated, and there has been a real
strain on families, especially on our children,” adds Fisher.
PRESIDENT & CEO
GREATER SCRANTON YMCA
The Fidelity Bankers are proud to be active members of the
community of Northeastern Pennsylvania and the Lehigh Valley.
The Bank’s financial strength has enabled it to increase its
investment in the communities served while dedicated teams
of Bankers work to build a better future. In 2021, community
groups and local non-profits benefitted from more than $1.8
million in donations and sponsorships awarded through Fidelity
Bank and the Fidelity D & D Charitable Foundation. The Bank also
made it possible for Fidelity Bankers to champion the causes of
their choice through volunteer time off, providing community
non-profit groups more than 3,000 hours of volunteer time.
Fidelity Bank is committed to supporting organizations
dedicated to helping strengthen our communities. During
its 15-year relationship with the Greater Scranton YMCA,
Fidelity Bank has provided guidance and funding for the
organization’s projects and capital campaigns and was one
of the lead donors of the Y’s 2021 capital campaign.“The
COVID-19 pandemic has had a serious impact on the
community,” says Trish Fisher, president, and chief executive
officer of the Greater Scranton YMCA. “Lower-income families
The 2021 capital campaign has funded needed renovations
that will help the Y address these needs more effectively. A
new, commercial kitchen will make it possible to prepare
and serve up to 1,000 meals a day, bringing food security to
a greater number of children. In addition, a teaching kitchen
will allow children and adults to learn more about healthy
cooking and eating. The Y’s new Welcome Center features a
large, open community space and study lounge where families
and the Y’s 2,500 senior members can engage socially. And
three new rooms will support a needed expansion of the Y’s
daycare and early learning programs. In addition to
contributing to the organization’s capital campaigns,
Fidelity Bank has also provided EITC funding to help
support the Y’s 10-week summer learning
programs for low income children. “Working with Fidelity
has helped us advance our mission,” notes Fisher. “They
care and understand, and they want us to be successful.”
15
15
2 0 1 6
2 0 2 1
N E T I N C O M E
$7.7 million
N E T I N C O M E
$24.0 million
forgi ng
T H E P A T H TO G R O W T H
An unyielding commitment to the Bank’s
vision leads the way into our future
When Dan Santaniello took the helm of the company in 2011, he set
out to build a leadership team that would be fully invested in the vision
that he and the Board had set forth. Today, the team continues to execute
with clear direction, consistency, and a level of commitment that is borne
out of the belief in the goals of the organization. This belief is underscored
by the investment that its members have made in the company, holding
over 1.90% of ownership.
The team’s stability has continued to guide the Bank through
unprecedented times. Challenged by a world-wide pandemic, it led
the organization through two successful mergers in two years. During
this period, a proactive response to the pandemic ensured business
continuity, while safeguarding the health of bankers, clients, and the
community. The team’s forward-looking philosophy made it possible
for the Bank to move quickly to a remote workforce, while providing
clients online, mobile, digital account opening, and telephone banking
services. In addition, by quickly setting up a portal to the Small Business
Administration, clients and other local companies were provided rapid
access to PPP loans and loan forgiveness.
Focused on a strategy of delivering exceptional client experiences, the
team has led the Bank through many notable milestones, including
recognition by the American Bankers Association as one of the “Top 200
Community Banks in the Country;” earning a five-star “Superior” rating for
safety and soundness by Bauer Financial for seven straight years; recognition
by Forbes’ magazine as “Best In-State Bank;” and many more.
As Fidelity Bank looks to the future, the leadership team continues to
create relevancy while forging new paths to growth. To further enhance
the client experience, a significant investment has been made to update
the Bank’s digital delivery model and create an omni-channel approach. Set to
rollout in 2022, these enhancements will include an updated digital deposit
opening platform and a new website offering an updated chat function,
chatbot AI capabilities, an appointment setting tool, and video banking.
The commitment of the team – and of all the Fidelity Bankers – to
making Fidelity Bank the Best Bank for its Bankers, its Clients, the
Community, and its Shareholders will continue to guide the way
forward, opening new avenues to growth, and helping to reach
new heights in financial performance.
16
SENIOR
MANAGEMENT
TEAM
DANIEL J. SANTANIELLO
PRESIDENT & CHIEF EXECUTIVE OFFICER
20 YEARS
JOANN J. MARSILI
SVP & CHIEF MARKETING OFFICER
18 YEARS
TIMOTHY O'BRIEN
SR. EVP & CHIEF BUSINESS
DEVELOPMENT OFFICER
14 YEARS
SALVATORE R. DEFRANCESCO, JR.
EVP & CHIEF FINANCIAL OFFICER
19 YEARS
EUGENE J. WALSH
EVP & CHIEF OPERATING OFFICER
11 YEARS
MICHELLE J. CARR
SVP & DIRECTOR OF RETAIL BANKING
16 YEARS
MICHAEL J. PACYNA, JR.
EVP & CHIEF LENDING OFFICER
6 YEARS
MARY T. MCNICHOLS
SVP & DIRECTOR OF HUMAN RESOURCES
15 YEARS
KERRY M. LOBEL
SVP & CHIEF INFORMATION OFFICER
3 YEARS
NICHOLAS A. PARISE
SVP & DIRECTOR OF WEALTH MANAGEMENT
2 YEARS
Wealth
Management
Personal & Corporate Trust,
Estate Administration & Investment
Services
101 N. Blakely St.
Dunmore, PA 18512
570-504-2260
252 Sunbury St.
Minersville, PA 17954
570-504-2250
Nicholas Parise
SVP & Director of Wealth Management
570-558-0612
Fidelity Asset
Management
Services at
Fidelity Bank
William P. McAndrew, AIF®
SVP & Wealth Advisor
570-504-2207
Commercial
Banking
Timothy O’Brien
Sr. EVP & Chief Business Development Officer
570-504-2230
Michael J. Pacyna
EVP & Chief Lending Officer
570-504-8005
Retail Banking
Michelle J. Carr
SVP, Director of Retail Banking
570-504-8083
Customer Care Center
800-388-4380
e v o l u t i o n
F I D E L I T Y D & D B A N C O R P, I N C . 2 0 2 1 A N N U A L R E P O R T
Products & Services
Consumer Deposit Products
• Start Fresh Checking
• First Step Checking
• Reliance Checking
• Relationship Checking
• Performance Checking
• Platinum Checking
• Money Market Deposit Accounts
• Optimum Choice Savings
• Statement Savings
• Green Team Savings
• Scholar Savings
• IRA Certificates of Deposit
(Fixed & Variable Rate)
• IRA Optimum Savings
• Certificates of Deposit
• CDARS/ICS Programs
• Christmas & All Purpose Clubs
Consumer Loan Products
• Home Equity Lines of Credit
• Home Equity Installment Loans
• Conventional and Jumbo Mortgages
• Construction Mortgages
• FHA/VA Mortgages
• Auto Loans
• Personal Loans
• Secured Loans
• Preferred Credit Loans
Card Services
• Visa® Consumer Debit Card
• Visa® Business Debit Card
• Visa® Credit Card
• Visa® Business Line of Credit Cards
• American Express® Credit Card
• Card Valet
• Digital Wallet
• MasterCard® Business LOC Debit Card
• MasterCard® HELOC Debit Card
Digital Services
• Mobile Banking
• Mobile Deposit
• Online Banking
• Web Bill Pay
• Electronic Statement Delivery
• Email Alerts & Text Alerts
• Secure Mail
• Online Account Opening
• Buzz Points Rewards
• Telephone Link
Business Deposit Products and Services
• Business Checking
• Basic Business Checking
• Business Relationship Interest Checking
• Business Analysis Checking
• Community First Non-Profit Checking
• Community First Checking
• Estate Checking
• IOLTA Checking
• Fidelity Muni-Choice Checking
• CDARS/ICS Programs
• Savings Accounts
• Certificates of Deposit
• Money Market Deposit Accounts
• Fidelity Bank at Work Program
Business Loan Products
• Commercial Loans
• Equipment Loans
• Lines of Credit
• Municipal Loans
• Community Development Loans
• Commercial/Equipment Leasing
• Commercial Mortgages
• Letters of Credit
• Indirect Lending Program
Special Business Loan Programs
• SBA Loan Programs
• PEDFA Loans
• FHLB – BOB Program
• USDA Loan Programs
• Scranton Industrial Development
Company Loan Program
• Tax Incremental Financing Programs
• Pennsylvania Industrial
Development Authority
Business Services Cash Management
• Business Online Banking
• Fidelity Mobile Banking for Business
• Mobile Deposit for Business
• Direct Deposit Services
• Merchant Services Credit Card Processing
• Electronic Funds Receivables & Payables
• Positive Pay Fraud Detection
• Valet Banking Courier Service
• Remote Deposit Capture
• Lock Box
• Cash Position Reporting
• Zero Balance Accounting (ZBA)
• eGiving (electronic donation/tithing)
• Wire Transfer Services
• Business Sweeps
• Business Bill Pay
• Sweep Line of Credit
Investment Services*
• Retirement Planning
• College Planning
• Estate Planning
• Exchange Traded Funds (ETF’s)
• Life Insurance
• Fixed and Variable Annuities
• Unit Investment Trusts
• Mutual Funds
• Stocks
• Bonds
• Long Term Care Insurance
• 401(k) Plans (Including Solo 401(k) Plans)
• Profit Sharing Plans
• 403(b) Plans
• SEP-IRA Plans
• SIMPLE IRA Plans
*Not FDIC insured. No Bank Guarantee.
May Lose Value.
Trust Services
• Personal Trust
• Charitable Trusts
• Special Needs Trusts
• Revocable & Irrevocable Trusts
• Testamentary Trusts
• Estate Settlement & Services
• Endowments
• Guardianships
• Corporate Trust
• Bond Trustee
• Paying Agent
• Institutional Money Management
Additional Bank Services
• Acceptance of Dunmore Taxes
• Acceptance of Scranton/Lackawanna Taxes
• Money Orders & Cashier Checks
• Safe Deposit Box Services
• Acceptance of Lackawanna River
Basin Sewer Authority Payments
• Acceptance of Hazleton City Water Authority
& Police Fund Payments
• Acceptance of Lower Mount Bethel Sanitation
Authority Payments
• Acceptance of Pen Argyl Borough
Sewer Authority Payments
• Acceptance of Portland Borough
Sewer & Water Authority Payments
• Acceptance of Roseto Borough
Sewer Authority Payments
Branch &
ATM Locations
Branch Office and ATM Locations
Fidelity Bank has partnered with MoneyPass,
a network of over 37,000 nationwide ATM’s
NEPA Locations
• Abington Office
1311 Morgan Hwy.
Clarks Summit, PA 18411
570-586-3212
• Back Mountain Office
2363 Memorial Hwy.
Dallas, PA 18612
570-675-3332
External ATM at Dallas Shopping Center
• Dunmore Office
101 N. Blakely St.
Dunmore, PA 18512
570-342-8281
• Green Ridge Office
111 Green Ridge St.
Scranton, PA 18509
570-342-5532
• Hazleton Office
383 S. Poplar St.
Hazleton, PA 18201
570-501-7001
• Hazle Township Office
781 Airport Rd.
Hazle Township, PA 18202
570-497-8841
• Keystone Industrial Park Office
1232 Keystone Industrial Park Rd.
Dunmore, PA 18512
570-348-4003
• Kingston Office
247 Wyoming Ave.
Kingston, PA 18704
570-338-0119
• Moosic Office
4010 Birney Ave.
Moosic, PA 18507
570-504-0789
• Mountain Top Office
1 S. Mountain Blvd.
Mountain Top, PA 18707
570-403-2297
• Peckville Office
1598 Main St.
Peckville, PA 18452
570-483-3300
• Scranton Financial Center
338 N. Washington Ave.
Scranton, PA 18503
570-504-8001
• Pittston Office
225 Kennedy Blvd.
Pittston, PA 18640
570-908-0103
• West Scranton Office
400 S. Main Ave.
Scranton, PA 18504
570-504-8180
• Wyoming Office
1000 Wyoming Ave.
Wyoming, PA 18644
570-609-5800
Lehigh Valley Locations
• Bangor Office
303 Pennsylvania Ave.
Bangor, PA 18013
610-588-0983
(ATM in the parking lot*)
• Bethlehem Office
2 W. Broad St.
Bethlehem, PA 18018
484-241-4464
• Easton Office
46 Ctr Square
Easton, PA 18042
610-253-5117
• Lehigh Valley Corporate Center in Forks
1250 Braden Blvd.
Easton, PA 18040
484-548-6095
• Mount Bethel Office
2118 Delaware Dr.
Mount Bethel, PA 18343
570-897-7650
(ATM in the parking lot*)
• Nazareth Office
44 S. Broad St.
Nazareth, PA 18064
610-746-5140
• Wind Gap Office
45 N. Broadway
Wind Gap, PA 18091
610-863-0981
ATM Only Locations
• Antonio’s Pizza
45 Luzerne St.
West Pittston, PA 18643
• Ayers Country Market
1811 Red Barn Village Rd.
Clarks Summit, PA 18411
• Cigna Healthcare
53 Glenmaura National Blvd.
Moosic, PA 18507
• Dallas Shopping Center
32 Dallas Shopping Center
Dallas, PA 18612
• Electric City Pizza
203 N. Washington Ave.
Scranton, PA 18503
• Gino Merli Veterans’ Center
401 Penn Ave.
Scranton, PA 18503
• Hilton Scranton & Conference Center
100 Adams Ave.
Scranton, PA 18503
• Joe’s Beerman
1561 Main St.
Peckville, PA 18452
• Market Street Bar & Grille
223 W. Market St.
Scranton, PA 18508
• Mountain Plaza
307 Moosic St.
Scranton, PA 18503
• Riverfront Sports
3 W. Olive St.
Scranton, PA 18508
• Scranton Cultural Center
420 N. Washington Ave.
Scranton, PA 18503
• The Shoppes at Montage
1035 Shoppes Blvd.
Moosic, PA 18507
• Thirst T’s
12 Lincoln St.
Olyphant, PA 18447
• TJ Maxx
4000 Oldfield Rd.
Pittston, PA 18640
• Wilkes-Barre/Scranton
International Airport
100 Terminal Rd.
Avoca, PA 18641
• Zummo’s Café
916 Marion St.
Scranton, PA 18509
• Marywood University
Nazareth Hall
McGowen Center & Learning Commons
Dunmore, PA 18509
* Dispense only locations
This Annual Report may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to
various factors. These factors include the possibility that increased demand or prices for the Company’s financial services and products may not occur, changing economic, interest rate and competitive conditions, technological
developments and other risks and uncertainties, including those detailed in the Company’s filings with the Securities and Exchange Commission.
18
Investor Relations
Fidelity D & D Bancorp, Inc.
101 N. Blakely St.
Dunmore, PA 18512
(570) 342-8281
We are a public company whose stock is traded on The Nasdaq Global Market, under the symbol FDBC.
Transfer Agent and Registrar
Shareholders’ Services Provided
• Stock transfer
(cid:129) Dividend reinvestment plan
(cid:129) Direct deposit of dividends
(cid:129) Duplicate mailing notification
Computershare Trust Company, N.A.
P.O. Box 30170
College Station, TX 77842
(877) 282-1168
www.computershare.com
Shareholder/Investor Inquiries
Requests for information or assistance regarding Fidelity D & D Bancorp, Inc. should be directed to John Pash, Investor Relations Officer,
at (570) 504-8007 or john.pash@fddbank.com.
Market Makers
The following firms are believed to presently make a market in Fidelity D & D Bancorp, Inc. stock on The Nasdaq Global Market,
under the symbol FDBC.
Boenning & Scattergood, Inc.
4 Tower Bridge
200 Barr Harbor Dr., No. 300
W. Conshohocken, PA 19428
(610) 832-1212
Goldman Sachs & Co., LLC
200 West St.
New York, NY 10282
(212) 902-1000
Keefe, Bruyette & Woods, Inc.
787 7th Ave., 4th & 5th Flrs.
New York, NY 10019
(212) 887-7777
SG Americas Securities, LLC
245 Park Ave.
New York, NY 10167
(212) 278-6000
Bofa Securities, Inc.
One Bryant Park
New York, NY 10036
(646) 743-2734
GTS Securities, LLC
545 Madison Ave., 15th Floor
New York, NY 10022
(212) 715-2830
Citadel Securities, LLC
131 South Dearborn St., 32nd Fl.
Chicago, IL 60603
(312) 395-2100
Hovde Group, LLC
1629 Colonial Parkway
Inverness, IL 60067
(847) 991-6622
Cowen and Company, LLC
599 Lexington Ave., 20th Fl.
New York, NY 10022
(646) 562-1010
HRT Financial LLC
175 Greenwich St.
New York, NY 10007
(212) 293-1444
Maxim Group, LLC
405 Lexington Ave.
New York, NY 10174
(212) 895-3500
Virtu Americas, LLC
300 Vesey St.
New York, NY 10282
(646) 682-6000
Raymond James &
Associates, Inc.
880 Carillon Parkway
St. Petersburg, FL 33716
(727) 567-1000
Susquehanna Securities
401 City Ave., Ste. 220
Bala Cynwyd, PA 19004
(610) 617-2600
Stifel, Nicolaus & Company, Inc.
501 North Broadway
St. Louis, MO 63102
(314) 342-2000
UBS Securities, LLC
1285 Avenue of the Americas
New York, NY 10019
(203) 719-3000
D.A. Davidson & Co.
8 Third Street North
Great Falls, MT 59401
(406) 727-4200
IMC Financial Markets
233 South Wacker Dr. #4300
Chicago, IL 60606
(312) 244-3300
Two Sigma Securities, LLC
101 Avenue of the Americas, 19th Fl.
New York, NY 10013
(212) 625-5700
Latour Trading, LLC
377 Broadway, 10th Fl.
New York, NY 10013
(917) 388-8000
G1 Execution Services, LLC
175 W. Jackson Blvd., Ste. 1700
Chicago, IL 60604
(312) 362-0404
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