JD Bancshares, Inc. Reports Financial Results for Q3 2023

PRESS RELEASE 
October 26, 2023 
JD Bancshares, Inc. 

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (CFO) (337-246-5395)
Website: www.jdbank.com

JD Bancshares, Inc. Reports Financial Results for Q3 2023

Jennings, La., October 26, 2023 (ACCESSWIRE) – JD Bancshares, Inc. (the “Company”), (OTCQX: JDVB), the parent holding company of JD Bank (the “Bank”), reports its unaudited financial results for the three and nine-month periods ended September 30, 2023.

Net income is $3,492,852 or $1.02 per share for the three-month period ended September 30, 2023, compared to $3,216,519 or $0.94 per share for the linked quarter ended June 30, 2023 and $3,388,452 or $0.99 per share for the three-month period ended September 30, 2022. Pre-tax, pre-provision operating income for the current quarter is $4,154,284, reflecting a small decline compared to $4,373,181 and $4,261,659 for the linked and prior year quarters, respectively. Pre-tax, pre-provision operating income (PTPPI) excludes taxes, provision for loan losses, losses on the sale of other real estate owned, losses on the sale of investment securities, recognized origination fees earned from the Paycheck Protection Program (PPP) and other non-operating revenues and expenses. The decline in PTPPI between the current and linked quarter is primarily due to a combination of lower levels of net interest and non-interest income, and the decline between the current and prior year quarter is attributable to an increase in non-interest expenses and partially offset by higher net interest income.

CLICK HERE TO READ THE FULL RELEASE

About JD Bancshares, Inc.

JD Bancshares, Inc. is the bank holding company of JD Bank, a state chartered bank headquartered in Jennings, Louisiana. JD Bank offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. The Bank also offers both trust and investment services. JD Bank operates through 21 full service branch offices located along the Interstate 10 corridor from Lake Charles to Lafayette, Louisiana.

JD Bancshares, Inc. (OTCQX: JDVB) trades on the OTCQX Best Market. Companies meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com\

JD Bank Welcomes Russell Ladnier to Baton Rouge Land and Deposit Production Office

October 19, 2023

FOR IMMEDIATE RELEASE
Contact: Ann Barilleaux, JD Bank
(337) 656-7326
ann.barilleaux@jdbank.com

JD BANK WELCOMES RUSSELL LADNIER TO BATON ROUGE LOAN AND DEPOSIT PRODUCTION OFFICE

Jennings, La.- JD Bank is pleased to announce that Russell Ladnier has joined JD Bank as VP Commercial
Lender in our combined loan and deposit production office located at 9026 Jefferson Hwy, Suite 402 in
Baton Rouge. With over 17 years of banking expertise in Baton Rouge, Ladnier will focus on the personal
and business financial needs of the region. Ladnier is an expert in real estate, construction, physician,
and Commercial and Industrial (C&I) lending.

“Russell brings a wealth of commercial lending experience to our team with a focus on helping clients
grow and fulfill goals across the Baton Rouge area. With this addition to our Baton Rouge team, we are
committed to bringing our community-focused culture and rich history of over 75 years to the Baton
Rouge community,” said Jackelyn Gallo, SVP Regional Market Executive.

Active in the community, he supports Habitat for Humanity, the Baton Rouge Food Bank, Junior Achievement and THRIVE Academy. He is an avid LSU fan and enjoys playing tennis, pickleball and golf.

About JD Bank

Founded in 1947, JD Bank, Louisiana’s Community Bank, offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. JD Bank also offers both trust and investment services. JD Bank operates through 22 full-service branch offices located along the Interstate 10 corridor from Lake Charles to Lafayette, Louisiana, and two combined loan and deposit production offices in the Northshore and Baton Rouge, Louisiana. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.

-JDB-

JD Bancshares, Inc. Declares Cash Dividend

PRESS RELEASE 
October 24, 2023 
JD Bancshares, Inc. 

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (CFO) (337-246-5395)
Website: www.jdbank.com

JD Bancshares, Inc. Declares Cash Dividend

Jennings, La., October 24, 2023 (ACCESSWIRE) – JD Bancshares, Inc. (OTCQX: JDVB) Dan L. Donald, Jr., Chairman of the Board of Directors of JD Bancshares, Inc., announced that at its regularly scheduled meeting on October 23, 2023, the Board voted to pay a cash dividend in the amount of $0.27 per share on November 9, 2023 to the shareholders of record on November 2, 2023.

The amount and payment of future dividends for the JD Bancshares, Inc. common stock is determined on a quarterly basis, based on earnings, financial condition, capital requirements and other factors.

About JD Bancshares, Inc.

JD Bancshares, Inc. is the bank holding company of JD Bank, a state chartered bank headquartered in Jennings, Louisiana. JD Bank has been serving the citizens of southwest Louisiana since 1947 and offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. The Bank also offers both trust and investment services. JD Bank operates through 22 full-service branch offices located along the Interstate 10 corridor from Lake Charles to Lafayette, Louisiana. JD Bancshares, Inc. may be accessed on its website at jdbank.com.

JD Bancshares, Inc. (OTCQX: JDVB) trades on the OTCQX Best Market. Companies meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on otcmarkets.com.

Contact:

Bruce Elder (CEO) 337-246-5399
Paul Brummett (CFO) 337-246-5395