JD BANK WELCOMES COMMERCIAL LENDER RAHUL PATEL TO THE TEAM IN LAKE CHARLES

April 24, 2025

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

JD BANK WELCOMES COMMERCIAL LENDER RAHUL PATEL TO THE TEAM IN LAKE CHARLES

Jennings, LA –JD Bank is proud to announce the addition of a new VP Commercial Lender, Rahul Patel, to its Lake Charles team. With a strong background in commercial lending and a commitment to building lasting client relationships, Patel brings valuable expertise to the bank’s continued growth in the Southwest Louisiana region.

In this role, Patel will be responsible for working with business clients to provide tailored lending solutions that support growth and economic development across the Lake Charles area. With his extensive experience in banking and finance, Patel is well-positioned to help local businesses access the financial tools they need to succeed.

“We are excited to welcome Rahul to our team,” said Chad Hebert, SVP Regional Market Executive. “His knowledge of the local market and passion for serving business clients aligns perfectly with JD Bank’s mission to be Louisiana’s Community Bank.”

Patel earned a Bachelor of Business degree from the University of Texas in 1996 and a Bachelor of Basic Science degree from LSU in 2000. He is also a 2022 graduate of the LSU Graduate School of Banking. A native of Lake Charles, Patel is actively involved in the community, serving as a member of the Lake Charles Rotary Club and the Strategic Planning Board for the Lake Charles Racquet Club.

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 21 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 BANK EXPANDS CAPITAL REGION LENDING TEAM WITH ADDITION OF RONNIE FOSHEE

April 25, 2025

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

JD BANK EXPANDS CAPITAL REGION LENDING TEAM WITH ADDITION OF RONNIE FOSHEE

Jennings, LA – JD Bank is pleased to announce the addition of Ronnie Foshee as VP Commercial Lender to its Baton Rouge Commercial Lending team. Foshee brings a robust background in business banking and a strong commitment to fostering long-term client relationships, further enhancing JD Bank’s presence and capabilities in the Capital Region.

In this role, Foshee will be responsible for delivering tailored lending solutions to support the growth and success of local businesses. With nearly 40 years of experience in the financial services industry, his areas of expertise include commercial lending, credit analysis, and relationship management.

“We are delighted to welcome Ronnie to our team,” said Jackelyn Gallo, SVP Regional Market Executive. “His deep understanding of the Baton Rouge business landscape and dedication to high-quality client service align seamlessly with JD Bank’s mission to be Louisiana’s Community Bank.”

Foshee earned a Bachelor of Business Administration in Accounting and a Master of Business Administration from Delta State University in Mississippi. He is also a 2005 graduate of the LSU Graduate School of Banking. In addition to his professional accomplishments, Foshee remains actively engaged in civic and professional organizations, currently serving as a member of the Dixie Business Development Center and previously as a board member of the Livingston Parish Chamber of Commerce.

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 21 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. Reports Financial Results for Quarter Ended March 31, 2025

PRESS RELEASE 
April 24, 2025
JD Bancshares, Inc. 

FOR IMMEDIATE RELEASE
For more information contact:
Paul Brummett, II (CEO) (337-246-5399)
Jared Doucet (CFO) (337-246-5409)
Website: www.jdbank.com

JD Bancshares, Inc. Reports Financial Results for Quarter Ended March 31, 2025

Jennings, La., April 24, 2025 (ACCESSWIRE) – JD Bancshares, Inc. (the “Company”), (OTCQX: JDVB), the parent holding company of JD Bank (the “Bank”), reports its unaudited financial results for the quarter ended March 31, 2025.

Net income for the three-month period ended March 31, 2025 is $2,925,651 or $0.85 per share compared to a net income of $3,245,496 or $0.95 for the linked quarter ended December 31, 2024 and $3,652,396 or $1.07 per share for the prior year quarter ended March 31, 2024. Pre-tax, pre-provision operating income (PTPPOI) for the current quarter is $3,612,441 compared to $3,926,701 for the linked quarter and $3,709,245 for the prior year quarter.

PTPPOI excludes taxes, credit loss provisions, net losses on the sale of other real estate owned (OREO), and net losses on the disposal of available for sale investment securities. The decrease in PTPPOI for the current quarter compared to the linked quarter is primarily due to a 5.50% decrease in non-interest income and a 1.7% increase in non-interest expense. Compared to the prior year quarter, the decrease is due primarily to higher non-interest expenses.

Paul E. Brummett, II, CEO, commented, “The first quarter of 2025 was one of stable, consistent performance by our company. We believe that the Company is well positioned for the future. The Company is well capitalized, has good liquidity, no wholesale funding, good asset quality, and solid earnings. While there may be some possible economic challenges ahead, we are confident in our ability to navigate these challenging times. Overall, we are pleased with the first quarter 2025 results.”  

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 Bancshares, Inc. Declares Cash Dividend

PRESS RELEASE 
April 23, 2025 
JD Bancshares, Inc. 

FOR IMMEDIATE RELEASE
For more information contact:
Paul Brummett, II (CEO) 337-246-5395
Jared Doucet (CFO) 337-246-5409 
Website: www.jdbank.com

JD Bancshares, Inc. Declares Cash Dividend

Jennings, La., April 23, 2025 (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 April 22, 2025, the Board voted to pay a cash dividend in the amount of $0.30 per share on May 9, 2025 to the shareholders of record on May 2, 2025. 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 Louisiana state-chartered bank headquartered in Jennings, Louisiana. JD Bank has been serving the citizens of south 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 21 full-service branch offices and two loan and deposit production offices located along the I-10 and I-12 corridors from Lake Charles to Mandeville, Louisiana. Additional information is available on its website at jdbank.com.

JD Bancshares, Inc. (OTCQX: JDVB) trades on the OTCQX Best Market. Companies on the OTCQX Best Market 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:

Paul Brummett, II (CEO) 337-246-5395
Jared Doucet (CFO) 337-246-5409