# EDGAR Filing Document

**Accession Number:** 0001098151
**File Stem:** 0001437749-25-029374
**Filing Date:** 2025-9
**Character Count:** 14653
**Document Hash:** 84df68b903a98db2810f0c1bd6f455bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-25-029374.hdr.sgml**: 20250918

**ACCESSION NUMBER**: 0001437749-25-029374

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20250916

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250918

**DATE AS OF CHANGE**: 20250918

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY D & D BANCORP INC
- **CENTRAL INDEX KEY:** 0001098151
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 233017653
- **STATE OF INCORPORATION:** PA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38229
- **FILM NUMBER:** 251322502

**BUSINESS ADDRESS:**
- **STREET 1:** BLAKELY & DRINKER STREETS
- **CITY:** DUNMORE
- **STATE:** PA
- **ZIP:** 18512
- **BUSINESS PHONE:** 5703428281

**MAIL ADDRESS:**
- **STREET 1:** BLAKELY & DRINKER STREETS
- **CITY:** DUNMORE
- **STATE:** PA
- **ZIP:** 18512

?xml version='1.0' encoding='ASCII'? fdbc20250911_8k.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

------

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

------

**Date of Report (Date of earliest event reported): September 16, 2025**

FIDELITY D & D BANCORP, INC.

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Pennsylvania** | **001-38229** | **23-3017653** |
| (State or other<br> jurisdiction of<br> incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **Blakely and Drinker Streets, Dunmore, PA** | **18512** |
| (Address of principal executive offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **(570) 342-8281**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions (*see* General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, no par value | FDBC | The NASDAQ Stock Market, LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**FIDELITY D & D BANCORP, INC.**

CURRENT REPORT ON FORM 8-K

**ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers**

By letter dated September 17, 2025, Richard M. Hotchkiss, a Class C Director, retired, effective immediately, from the Boards of Directors of Fidelity D & D Bancorp, Inc. ("Fidelity") and The Fidelity Deposit and Discount Bank (the "Bank"), the wholly-owned subsidiary of Fidelity. Mr. Hotchkiss has served as a member of Fidelity's and the Bank's Boards of Directors since 2020.

The retirement was not the result of any disagreement with Fidelity or the Bank on any matter relating to their operations, policies or practices. A press release regarding Mr. Hotchkiss' retirement is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

**Item 9.01 Financial Statements and Exhibits**

(d) Exhibits

---

| | |
|:---|:---|
| Exhibit Number | Description |
| 99.1 | [Press release dated September 17, 2025](ex_862019.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
|  | **FIDELITY D & D BANCORP, INC.** |
|  | (Registrant) |
| Date: September 18, 2025 | By: <u>/s/ Salvatore R. DeFrancesco, Jr.</u> |
|  | Salvatore R. DeFrancesco, Jr. |
|  | Treasurer and Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![logo.jpg](logo.jpg)

**FOR IMMEDIATE RELEASE**

Contacts:

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. Announces Retirement of Director Richard Hotchkiss**

**Dunmore, PA** – **September 17, 2025** – Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) ("Fidelity Bank"), the parent bank holding company of The Fidelity Deposit and Discount Bank ("Fidelity Bank"), a Pennsylvania state-chartered, FDIC-insured community bank and trust company headquartered in Dunmore, PA, announces the retirement of Director Richard Hotchkiss effective September 16th, 2025.

Mr. Hotchkiss was appointed to the Fidelity Bank Board of Directors on May 5, 2020, following the merger with MNB Corporation and its wholly owned subsidiary, Merchants Bank of Bangor. He has served as Chair of the Lehigh Valley Advisory Board, a position in which he will continue, and has also held the role of Chair of the Credit Administration Committee.

Before joining Fidelity Bank, he was appointed Director and Vice President of Administration and Internal Affairs at MNB Corporation and Merchants Bank of Bangor in 1981, and was later elected Chairman of the Board on November 4, 1997.

Mr. Hotchkiss began his career in medical technology with a pharmaceutical company, working in vaccine research and development. A military veteran, he then shifted his focus to business leadership, managing ventures including a family-owned lumber company, a retail and fuel service operation, and a patented manufacturing enterprise. After retiring from business, he became a certified building inspector in 2003.

"Richard's leadership has been a key part of our journey," remarked Daniel J. Santaniello, President & CEO of Fidelity Bank. "I'm thankful for the opportunity to work with an individual whose insight and dedication made a lasting impact. His legacy will continue to influence our organization for years to come."

"On behalf of the Board of Directors, I would like to extend our sincere gratitude to Richard for his dedicated service to the Bank," said Brian J. Cali, Chairman of the Board. "Richard's unwavering commitment as a Director has been instrumental in shaping Fidelity Bank's governance and organizational structure. We wish him a well-earned and fulfilling retirement and thank him for the lasting impact he's made on Fidelity Bank."

------

**About Fidelity D & D Bancorp, Inc. and The Fidelity Deposit and Discount Bank**

<br> Fidelity D & D Bancorp, Inc. has built a strong history as trusted financial advisor to the clients served by The Fidelity Deposit and Discount Bank ("Fidelity Bank"). Fidelity Bank continues its mission of exceeding client expectations through a unique banking experience. It operates 21 full-service offices throughout Lackawanna, Luzerne, Lehigh and Northampton Counties and a Fidelity Bank Wealth Management Office in Schuylkill County. Fidelity Bank provides a digital banking experience online at www.bankatfidelity.com, through the Fidelity Mobile Banking app, and in the Client Care Center at 1-800-388-4380. Additionally, the Bank offers full-service Wealth Management & Brokerage Services, a Mortgage Center, and a full suite of personal and commercial banking products and services. Part of the Company's vision is to serve as the best bank for the community, which was accomplished by having provided over 5,960 hours of volunteer time and over $1.3 million in donations to non-profit organizations directly within the markets served throughout 2024. Fidelity Bank's deposits are insured by the Federal Deposit Insurance Corporation up to the full extent permitted by law.

**Forward-looking statements**

Certain of the matters discussed in this press release constitute forward-looking statements for purposes of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and as such may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. The words "expect," "anticipate," "intend," "plan," "believe," "estimate," and similar expressions are intended to identify such forward-looking statements.

The Company's actual results may differ materially from the results anticipated in these forward-looking statements due to a variety of factors, including, without limitation:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ local, regional and national economic conditions and changes thereto;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the short-term and long-term effects of inflation, and rising costs to the Company, its customers and on the economy;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the risks of changes and volatility of interest rates on the level and composition of deposits, loan demand, and the values of loan collateral, securities and interest rate protection agreements, as well as interest rate risks;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ securities markets and monetary fluctuations and volatility;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ disruption of credit and equity markets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ impacts of the capital and liquidity requirements of the Basel III standards and other regulatory pronouncements, regulations and rules;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ governmental monetary and fiscal policies, as well as legislative and regulatory changes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ effects of short- and long-term federal budget and tax negotiations and their effect on economic and business conditions;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the costs and effects of litigation and of unexpected or adverse outcomes in such litigation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the impact of new or changes in existing laws and regulations, including laws and regulations concerning taxes, banking, securities and insurance and their application with which the Company and its subsidiaries must comply;

101 North Blakely St. Dunmore, Pennsylvania 18512 • (570) 342-8281 • 1-800-388-4380 • fax (570) 346-5724

www.bankatfidelity.com • fidelity@fddbank.com

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the effect of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Financial Accounting Standards Board and other accounting standard setters;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the effects of competition from other commercial banks, thrifts, mortgage banking firms, consumer finance companies, credit unions, securities brokerage firms, insurance companies, money market and other mutual funds and other financial institutions operating in our market area and elsewhere, including institutions operating locally, regionally, nationally and internationally, together with such competitors offering banking products and services by mail, telephone, computer and the internet;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the effects of economic conditions of any other pandemic, epidemic or other health-related crisis such as COVID-19 and responses thereto on current customers and the operations of the Company, specifically the effect of the economy on loan customers' ability to repay loans;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the effects of bank failures, banking system instability, deposit fluctuations, loan and securities value changes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ technological changes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the interruption or breach in security of our information systems, continually evolving cybersecurity and other technological risks and attacks resulting in failures or disruptions in customer account management, general ledger processing and loan or deposit updates and potential impacts resulting therefrom including additional costs, reputational damage, regulatory penalties, and financial losses;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ acquisitions and integration of acquired businesses;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the failure of assumptions underlying the establishment of reserves for loan losses and estimations of values of collateral and various financial assets and liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ acts of war or terrorism; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ the risk that our analyses of these risks and forces could be incorrect and/or that the strategies developed to address them could be unsuccessful.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;■ The Company cautions readers not to place undue reliance on forward-looking statements, which reflect analyses only as of the date of this release. The Company has no obligation to update any forward-looking statements to reflect events or circumstances after the date of this release.

**For more information, please visit our investor relations website located through www.bankatfidelity.com.**

101 North Blakely St. Dunmore, Pennsylvania 18512 • (570) 342-8281 • 1-800-388-4380 • fax (570) 346-5724

www.bankatfidelity.com • fidelity@fddbank.com