JD Bank, Inc. Declares Cash Dividend

PRESS RELEASE 
April 21, 2021 
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. Declares Cash Dividend

Jennings, Louisiana – 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 20, 2021, the Board voted to pay a cash dividend in the amount of $0.45 per share on May 7, 2021 to the shareholders of record on April 30, 2021.

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.

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 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 Periods Ended December 31, 2020

PRESS RELEASE 
January 21, 2021 
JD Bancshares, Inc. 

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (EVP) (337-824-1422)
Website: www.jdbank.com
JD Bancshares, Inc. Reports Financial Results for Three and Twelve-Month Periods Ended December 31, 2020

Jennings, Louisiana –Jennings, LA., January 21, 2021 (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, 2020.

Net income is $2,303,079 or $1.48 per common share for the three-month period ended December 31, 2020 compared to $1,693,921 or $1.09 per common share for the linked quarter ended September 30, 2020 and $2,090,006 or $1.34 per share for the prior year quarter ended December 31, 2019. The economic uncertainty associated with both the COVID-19 pandemic and two major hurricanes hitting the southwest Louisiana region have resulted in larger loan loss provisions in 2020. For comparative purposes, pre-tax, pre-provision operating income provides greater insight into the financial performance of the Company. Pre-tax, pre-provision operating income for the current quarter is $2,508,474 compared to $2,637,056 for the linked quarter and $2,773,357 for the comparative prior year quarter. Pre-tax, pre-provision operating income excludes taxes, provision for loan losses, net losses on the sale of other real estate owned, gains on the sale of investment securities and net gains on the disposal of fixed assets. The current quarter was adversely impacted by an increase in non-interest expenses that were partially offset by an increase in the recognition of Small Business Administration (SBA) Paychecks Protection Program (PPP) origination fees as a portion of our PPP loans have been forgiven.

For the twelve-month period ended December 31, 2020, net income was $7,203,708 or $4.62 per share compared to $8,947,844 or $5.74 per share for the prior year comparative period. Pre-tax, pre-provision operating earnings for the two comparative twelve-month periods was $10,443,300 and $11,171,187, 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 
January 21, 2020 
JD Bancshares, Inc. 1

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (EVP) (337-824-1422)
Website: www.jdbank.com
JD Bancshares, Inc. Declares Cash Dividend

Jennings, Louisiana – 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 20, 2021, the Board voted to pay a cash dividend in the amount of $0.45 per share on February 5, 2021 to the shareholders of record on January 30, 2021.

The future impact of the COVID-19 pandemic and Hurricane Laura, has created some uncertainty in what has typically been a very stable quarterly earnings pattern for JDVB. During these uncertain times, it becomes even more important that your Company ensure appropriate levels of capital are maintained. Therefore, we will review the timing and level of future quarterly cash dividend declarations.

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 10% Stock Dividend

PRESS RELEASE 
December 18, 2020 
JD Bancshares, Inc. 

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (EVP) (337-824-1422)
Website: www.jdbank.com
JD Bancshares, Inc. Declares 10% Stock Dividend

Jennings, Louisiana –

JD Bancshares, Inc. (OTCQX: JDVB) Dan L. Donald, Jr., Chairman of the Board of
Directors of JD Bancshares, Inc. (the “Company”), announced that at its regularly scheduled meeting held on December 17, 2020, the Board voted to pay a 10% stock dividend per share on January 4, 2021 to the shareholders of record on December 28, 2020. As an example, this means that for every 10 shares of Company stock you own as of December 28, 2020, you will receive one (1) additional share of stock.

The Board also decided to consider the declaration of future cash dividends in the months of January, April, July, and October. The payment of any dividend will occur in the month following declaration. The amount and payment of future dividends on the Company’s common stock is determined quarterly, based on earnings, financial condition, capital requirements and other factors. The Board is moving the decision-making process to align with the quarterly financial report to shareholders.

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. Reports Financial Results for Q3 2020

PRESS RELEASE 
October 22, 2020 
JD Bancshares, Inc. 

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (EVP) (337-824-1422)
Website: www.jdbank.com
JD Bancshares, Inc. Reports Financial Results for Q3 2020

Jennings, LA., October 22, 2020 (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, 2020.

Net income is $1,693,921 or $1.09 per common share for the three-month period ended September 30, 2020 compared to $1,648,996 or $1.06 per share for the linked quarter ended June 30, 2020 and $2,373,939 or $1.52 per share for the prior year quarter ended September 30, 2019. Larger than anticipated loan loss provisions have been recorded for the 2020 quarters due to the uncertainty surrounding the economic impact on both our commercial and consumer loan customers resulting from the COVID-19 pandemic. For comparative purposes, pre-tax, pre-provision operating income provides greater insight into the financial performance of the Company. Pre-tax, pre-provision operating income for the current quarter is $2,637,056 compared to $2,847,642 for the linked quarter and $2,963,064 for the comparative prior year quarter. Pre-tax, pre-provision operating income excludes taxes, provision for loan losses, losses on the sale of other real estate owned and gains on the sale of investment securities. The current quarter decline is due to a decrease in the amount of Small Business Administration (SBA) Paychecks Protection Program (PPP) origination fees recognized and lower yields on earning assets.

CLICK HERE TO DOWNLOAD THE FULL PRESS 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 
September 23, 2020 
JD Bancshares, Inc. 

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (EVP) (337-824-1422)
Website: www.jdbank.com
JD Bancshares, Inc. Declares Cash Dividend

Jennings, Louisiana – 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 September 22, 2020, the Board voted to pay a cash dividend in the amount of $0.59 per share on October 9, 2020 to the shareholders of record on October 2, 2020.

The future impact of the COVID-19 pandemic and Hurricane Laura, has created some uncertainty in what has typically been a very stable quarterly earnings pattern for JDVB. During these uncertain times, it becomes even more important that your Company ensure appropriate levels of capital are maintained. Therefore, we will review the timing and level of future quarterly cash dividend declarations.

CLICK HERE TO DOWNLOAD THE FULL PRESS 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. Reports Financial Results for Q2 2020

PRESS RELEASE 
July 23, 2020 
JD Bancshares, Inc. 

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (EVP) (337-824-1422)
Website: www.jdbank.com
JD Bancshares, Inc. Reports Financial Results for Q2 2020

Jennings, LA., July 23, 2020 (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, 2020.

Net income for the three-month period ended June 30, 2020 was $1,648,996 or $1.06 per common share compared to $1,557,713 or $1.00 per share for the linked quarter ended March 31, 2020 and $2,442,925 or $1.57 per share for the prior year quarter ended June 30, 2019. Financial results for the current year quarters were impacted by large loan loss provisions in consideration of the uncertainty surrounding the COVID-19 pandemic crisis. Due to the large provisions, evaluating the Company on a pre-tax, pre-provision operating income basis provides greater insight when comparing recurring financial performance over periods. Pre-tax, pre-provision operating income for the quarter ended June 30, 2020 was $2,847,642 compared to $2,502,248 for the linked quarter and $2,762,858 for the comparative prior year quarter. Pre-tax, pre-provision operating income excludes taxes, provision for loan losses, losses on the sale of other real estate owned and gains on the sale of investment securities. Pre-tax, pre-provision operating earnings for the current period were positively affected by the recognition of a portion of fees received as a result of our participation in the Small Business Administration (SBA) Paychecks Protection Program. (PPP). Other factors having a significant impact on current quarter earnings include the 150 basis point decline in short-term interest rates occurring in March 2020, the impact on non-PPP loan demand given the uncertainty of economic conditions and the excess liquidity generated as a result of substantial deposit growth since year end.

CLICK HERE TO DOWNLOAD THE FULL PRESS 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 RANKED IN TOP 200 PUBLICLY TRADED COMMUNITY BANKS BY AMERICAN BANKER MAGAZINE

PRESS RELEASE

June 22, 2020

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

JD BANCSHARES RANKED IN TOP 200 PUBLICLY TRADED COMMUNITY BANKS BY AMERICAN BANKER MAGAZINE

Jennings, La.- JD Bancshares, Inc. (the “Company”), (OTCQX: JDVB), the parent holding company of JD Bank, is pleased to announce that it has been named to American Banker magazine’s Top 200 Publicly Traded Community Banks. The ranking is based on three-year average return on equity through December 31, 2019. The Company began trading March 16, 2020, on OTCQX under the symbol “JDVB.”

“It is an honor to be recognized on this prestigious list of community banks,” said Bruce W. Elder, JD Bank President and CEO. “Our talented team makes our success possible and this recognition provides evidence that our values, service and products are creating value for our stockholders.”

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 21
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.

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. For more information, visit www.jdbank.com or call 800-789-5159. Member FDIC. Equal Housing Lender.

JD Bancshares, Inc. Declares Cash Dividend

PRESS RELEASE

June 17, 2020

JD Bancshares, Inc.

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (EVP) (337-824-1422)
Website: www.jdbank.com
JD Bancshares, Inc. Declares Cash Dividend

Jennings, Louisiana – 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 June 16, 2020,the Board voted to pay a cash dividend in the amount of $0.59 per share on July 6, 2020 to the shareholders of record on June 26, 2020.

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 21
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 2020

PRESS RELEASE
April 24, 2020
JD Bancshares, Inc.

FOR IMMEDIATE RELEASE
For more information contact:
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (EVP) (337-824-1422)
Website: www.jdbank.com
JD Bancshares, Inc. Reports Financial Results for Q1 2020

Jennings, La., April 23, 2020 (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, 2020.

Net income for the three-month period ended March 31, 2020 was $1,557,713 or $1.00 per common share compared to $2,040,974 or $1.31 per share for the prior year comparative period ended March 31, 2019. Financial results for the current quarter were impacted by a large addition to the Bank’s credit reserves in
consideration of losses which may result from financial distress experienced by loan customers due to the COVID-19 pandemic crisis. Due to the large provision, evaluating performance from a pre-tax, pre-provision
operating income basis provides greater insight from a comparative standpoint. Pre-tax, pre-provision operating income for the current quarter declined by $189,337 and was $2,502,249 compared to $2,691,586 for the comparative prior year quarter. Aside from taxes and loan loss provision, pre-tax, pre-provision operating income also excludes losses on the sale of other real estate owned. The decrease in earnings between the current and prior year quarter was due to a combination of lower net interest income, higher loan loss provision and non-interest expenses, offset by improved non-interest income.

CLICK HERE TO DOWNLOAD THE FULL PRESS 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.