JD Bancshares, Inc. Reports Financial Results for Q1 2023

PRESS RELEASE 
April 25, 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 Q1 2023

Jennings, La., April 25, 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 quarter ended March 31, 2023.

Net income for the three-month period ended March 31, 2023 is $2,085,229 or $0.61 per share compared to $3,421,668 or $1.00 per share for the linked quarter ended December 31, 2022 and $2,108,163 or $0.62 per share for the prior year period ended March 31, 2022. Pre-tax, pre-provision operating income (PTPPOI) for the current quarter is $4,211,047 compared to $4,645,024 for the linked quarter and $2,291,078 for the prior year quarter. PTPPOI excludes taxes, loan loss provision, net losses on the sale of other real estate owned (OREO), net losses on the disposal of available for sale investment securities, other than temporary impairments and the recognition of origination fees on loans made pursuant to the Paychecks Protection Program (PPP). The decrease in PTPPOI for the current period compared to the linked period is primarily due to an increase in interest expense and a decline in non-interest income. Compared to the prior year quarter, the increase in PTPPOI is due to a significant improvement in net interest income and partially offset by an increase in noninterest expenses.

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 19, 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., April 19, 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 April 18, 2023, the Board voted to pay a cash dividend in the amount of $0.27 per share on May 5, 2023 to the shareholders of record on April 28, 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

JD Bancshares, Inc. Reports Strong Financial Results for Three and Twelve Month Periods Ended December 31, 2022

PRESS RELEASE 
January 19, 2023 
JD Bancshares, Inc. 

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (CFO) (337-824-1422)
Website: www.jdbank.com

JD Bancshares, Inc. Reports STRONG Financial Results for Three and Twelve-Month Periods Ended December 31, 2022

Jennings, LA., January 19, 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
twelve-month periods ended December 31, 2022. 

Net income is $3,492,661 or $1.02 per share for the three-month period ended December 31, 2022 compared to $3,388,452 or $0.99 per share for the linked quarter ended September 30, 2022 and $2,977,469 or $0.87 per common share for the prior year quarter ended December 31, 2021. Pre-tax, pre-provision operating income (PTPPOI) for the current quarter is $4,734,605 compared to $4,261,659 for the linked quarter and $3,056,079 for the comparative prior year quarter. The 11.10% and 54.92% increases in PTPPOI over the linked and prior year quarters, respectively, are due primarily to increases in the volume of loans outstanding and the impact of higher interest rates on both loan and investment securities income. PTPPOI excludes taxes, provision for loan losses, recognized origination fees earned from the Paycheck Protection Program (PPP), net gains and losses on the sale of other real estate owned (OREO), gains on the sale of investment securities and other non-recurring items.

For the twelve-month period ended December 31, 2022, net income is $12,166,756 or $3.56 per share compared to $11,014,968 or $3.21 per share for the prior year period ended December 31, 2021. Pre-tax, pre-provision operating earnings for the two comparative twelve-month periods increased by 33.68% and is $14,712,149 compared to $11,005,324.

READ THE FULL RELEASE HERE.

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 www.jdbank.com/investor relations.

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 and OTCQX Recognition

JD Bancshares, Inc. Declares Cash Dividend AND OTCQX RECOGNITION

Jennings, La., January 19, 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 January 18, 2023, the Board voted to pay a cash dividend in the amount of $0.27 per share on February 3, 2023 to the shareholders of record on January 28, 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.

The Company is also pleased to announce it has been named to the 2023 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market.

The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2023 OTCQX Best 50 were ranked based on their performance in 2022.

Bruce W. Elder, President & CEO of JD Bancshares, Inc. stated “it is an honor to be named #19 out of the top 50 OTCQX companies. We have made a concerted effort to increase our trading volume and this recognition validates those efforts.”

For the complete 2023 OTCQX Best 50 ranking, visit: OTCQX Best 50

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 www.jdbank.com/investor relations.

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.

Contact:

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

JD Bancshares, Inc. Reports Increase in Q3 2022 Operating Earnings

PRESS RELEASE 
October 20, 2022 
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 Increase in Q3 2022 Operating Earnings

Jennings, LA., October 20, 2022 (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, 2022.

Net income is $3,388,452 or $0.99 per share for the three-month period ended September 30, 2022 compared to $3,137,156 or $0.92 per share for the linked quarter ended June 30, 2022 and $3,539,845 or $1.03 per common share for the three-month period ended September 30, 2021. Pre-tax, pre-provision operating income for the current quarter is $4,261,659, reflecting a 26% increase compared to $3,373,737 for the linked quarter, and a 30% increase compared to $3,275,808 for the prior year quarter. Pre-tax, pre-provision operating income excludes taxes, provision for loan losses, gains or losses on the sale of other real estate owned, gains on the sale of investment securities, recognized origination fees earned from the Paycheck Protection Program (PPP) and other non-operating revenues and expenses. The increase in current quarter pre-tax, pre-provision operating income is primarily due to an increase in interest income on loans and investment securities.

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 
October 19, 2022 
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 19, 2022 (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 18, 2022, the Board voted to pay a cash dividend in the amount of $0.25 per share  on November 4, 2022 to the shareholders of record on October 28, 2022.

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 www.jdbank.com/investor relations.

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.

Contact:

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

JD Bancshares, Inc. Announces Solid Financial Results for Q2 2022

PRESS RELEASE 
July 21, 2022 
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. Announces Solid Financial Results for Q2 2022

Jennings, LA., July 21, 2022 (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 six month periods ended June 30, 2022.  

Net income for the three-month period ended June 30, 2022 is $3,137,156 or $0.92 per common share compared  to $2,108,163 or $0.62 per common share for the linked quarter ended March 31, 2022 and $2,593,570 or $0.76  per share for the prior year quarter ended June 30, 2021. Net income for the current period increased by 49%  and 21% over the linked and prior year periods, respectively. Pre-tax, pre-provision operating income for the  quarter ended June 30, 2022 is $3,373,737, reflecting a 47% increase over the $2,291,078 for the March 31,  2022 quarter and 27% over the $2,650,453 for the quarter ended June 30, 2021. Pre-tax, pre-provision operating  income excludes taxes, provision for loan losses, net gains or losses on the sale of other real estate owned (“OREO”), net gains on the sale of investment securities, recognized origination fees earned from the Paycheck  Protection Program (“PPP”) and other non-recurring items. The increase in current period earnings compared to  both the linked and prior year periods is driven primarily by stronger net interest income resulting from  transitioning earning assets from lower yielding categories into loans and investment securities.  

For the six-month period ended June 30, 2022, net income is up 16% to $5,245,223 or $1.53 per share compared  to $4,513,549 or $1.32 per share for the prior year comparative period. Pre-tax, pre-provision operating  earnings for the two comparative six-month periods is $5,664,719 and $4,689,331, respectively.

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 
July 20, 2022 
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., April 20, 2022 (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 July 19, 2022, the Board voted to pay a cash dividend in the amount of $0.25 per share on  August 5, 2022 to the shareholders of record on July 29, 2022.

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 www.jdbank.com/investor relations.

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. Reports Financial Results for Q1 2022

PRESS RELEASE 
April 21, 2022 
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 Q1 2022

Jennings, LA., April 21, 2022 (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, 2022.

Net income for the three-month period ended March 31, 2022 is $2,108,163 or $0.62 per share compared to $2,977,470 or $0.87 per share for the linked quarter ended December 31, 2021 and $1,919,989 or $0.56 per share for the prior year period ended March 31, 2021. Pre-tax, pre-provision operating income for the current quarter was $2,291,078 compared to $3,056,080 for the linked quarter and $2,038,890 for the prior year quarter. Pre-tax, pre-provision operating income excludes taxes, loan loss provision, net losses on the sale of other real estate owned, net gains on the disposal of available for sale investment securities and the recognition of origination fees on loans made pursuant to the Paychecks Protection Program (PPP). The decrease in pre-tax, pre-provision operating earnings in the current period compared to the linked period is primarily due to a decline in non-interest income and an increase in non-interest expenses. The increase compared to the prior year quarter is due to an increase in net interest income and partially offset by increases in non-interest expenses.

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