JD Bank Welcomes Elliot Goorley To Its Northshore Lending Team

July 8, 2025

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

JD BANK WELCOMES ELLIOT GOORLEY TO ITS NORTHSHORE COMMERCIAL LENDING TEAM

Jennings, LA – JD Bank is pleased to welcome Elliot Goorley as its newest AVP Commercial Lender
serving the Northshore market. Based in Mandeville, Goorley will support business clients with tailored
lending solutions and personalized service from JD Bank’s Loan Production Office at 1409 W. Causeway
Approach.

Goorley joins JD Bank from First Guaranty Bank in Hammond, where he served as a Commercial Lender.
A graduate of Louisiana State University, he brings strong local insight and a relationship-focused
approach to helping businesses grow. He is highly knowledgeable in financial analysis, credit
underwriting, and business development.

“Elliot’s experience and dedication to his clients make him a valuable addition to the JD Bank team,” said Jackelyn Gallo, SVP, Regional Market Executive. “His knowledge of the local market and active
community involvement align with our mission of building strong relationships and supporting Louisiana businesses.”

In addition to his professional expertise, Goorley is deeply involved in the community as a board
member of both the Ponchatoula Rotary Club and the St. Tammany Parish Recreation District No. 10.

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.

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 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

 

Chris Credeur Joins JD Bank’s Commercial Lending Team in Lafayette

March 7, 2025

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

CHRIS CREDEUR JOINS JD BANK’S COMMERCIAL LENDING TEAM IN LAFAYETTE

Jennings, LA –JD Bank is proud to announce that Chris Credeur, a banking professional with 15 years of experience, has transitioned from his role as Manager of the JD Bank Credit Analysis Department to Vice President, Commercial Lender in Lafayette. In this new role, Credeur will focus on building relationships with business clients, providing tailored lending solutions, and supporting the economic growth of the Lafayette community.

 Throughout his career, Credeur has developed a strong expertise in credit analysis, risk management, and financial structuring, making him a valuable asset in commercial lending. His deep understanding of financial analysis and dedication to customer service position him well to help businesses achieve their financial goals.

“Chris has been a key part of our success at JD Bank, and his transition into commercial lending is a natural next step,” said Chad Hebert, SVP Acadiana Regional Market Executive “His knowledge of credit and risk assessment, combined with his commitment to our clients, will be a tremendous advantage to businesses in the Lafayette area.

Credeur joined the JD Bank team in 2015 as a Credit Analyst and named the department manager in 2022. He is a proud graduate of Acadiana High School and the University of Louisiana at Lafayette.

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 Three and Twelve-Month Periods Ended December 31, 2024

PRESS RELEASE 
January 28, 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 Three and Twelve-Month Periods Ended December 31, 2024

Jennings, LA., January 28, 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 three and twelve month periods ended December 31, 2024. 

Net income is $3,192,295 or $0.93 per share for the three-month period ended December 31, 2024, compared to  $3,706,103 or $1.08 per share for the linked quarter ended September 30, 2024 and a net loss of $(2,213,692) or  $(0.65) per share for the three-month period ended December 31, 2023. Pre-tax, pre-provision operating income (PTPPI) for the current quarter is $3,873,500, reflecting a decrease compared to $4,285,522 and $3,910,715 for  the linked and prior year quarters, respectively. PTPPI excludes taxes, provision for loan losses, losses on the sale  of other real estate owned (OREO), losses on the sale of investment securities, and other non-operating expenses.  The decrease in PTPPI between the current and comparative quarters is primarily due to lower net interest income.

For the twelve-month period ended December 31, 2024, net income is $13,579,624 or $3.96 per share compared  to $6,580,906 or $1.92 per share for the prior year comparative period. PTPPI for the current twelve-month period  is $15,819,679 reflecting a 5.39% decrease from $16,720,270 for the prior year period. The decrease is  attributable to a 1.4% increase in non-interest expense.

Paul Brummett, II, CEO commented, “JD Bank’s strong performance in 2024 demonstrates our team’s ability to  successfully navigate demanding economic and political cycles. We made significant progress during 2024,  improving earnings through the optimization of our balance sheet. We are pleased to report our fourth quarter net  income results of $3.2 million. Our year-to-date financial performance is up $7.0 million when compared to last  year, the prior year’s results include an after-tax loss realized on the sale of investment securities during the year of $6.2 million. We remain focused on growing earnings through generating quality, well-priced loans while  controlling non-interest expenses. We are evaluating opportunities to improve our physical branch footprint  across our markets while continuing to improve efficiency through digital channels. Overall activity throughout  our markets is steady and encouraging.”  

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 22, 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., January 22, 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 January 21, 2025, the Board voted to pay a cash dividend in the amount of $0.29 per share on
February 7, 2025 to the shareholders of record on January 31, 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 

JD Bancshares, Inc. Reports Financial Results for Q3 2024

PRESS RELEASE 
October 24, 2024 
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 Q3 2024

Jennings, LA., October 24, 2024 (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, 2024.

Net income is $3,706,103 or $1.08 per share for the three-month period ended September 30, 2024, compared to $3,028,833 or $0.88 per share for the linked quarter ended June 30, 2024 and $3,492,852 or $1.02 per share for the three-month period ended September 30, 2023. Pre-tax, pre-provision operating income (PTPPI) for the current quarter is $4,285,522, reflecting an increase compared to $3,951,414 and $4,154,284 for the linked and prior year quarters, respectively. PTPPI excludes taxes, provision for loan losses, losses on the sale of other real estate owned (OREO), losses on the sale of investment securities, and other non-operating expenses. The increase in PTPPI between the current and linked quarter is primarily due to higher levels of net interest income and the increase between the current and prior year quarter is attributable to higher net interest income, partially offset by higher non-interest expense.

For the nine-month period ended September 30, 2024, net income is $10,387,333 or $3.03 per share compared to $8,794,599 or $2.57 per share for the prior year comparative period. PTPPI for the current nine-month period is $11,946,182 reflecting a 6.74% decrease from $12,809,557 for the prior year period. The decrease is attributable to a 2.3% increase in non-interest expense.

Paul Brummett, II, CEO commented, “We are excited to report our third quarter net income results of $3.7 million, which exceeds net income for both the June 30, 2024 and September 30, 2023 quarters. Despite the continued higher rate environment, our net interest margin expanded for the comparative quarters. Our year-to-date financial performance is up $1.6 million when compared to last year, the prior year’s results include an after-tax loss realized on the sale of investment securities in the first quarter of $998,000. We remain focused on growing earnings through generating quality, well-priced loans while controlling non-interest expenses. We are encouraged by new loan activity and rates on new and renewed loans. I am pleased with the performance of the Company and our team’s efforts to continue “To Be The Best Community Bank in Louisiana”.”

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 23, 2024 
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., October 23, 2024 (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 22, 2024, the Board voted to pay a cash dividend in the amount of $0.29 per share on November 8, 2024 to the shareholders of record on November 1, 2024.

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 

JD Bank Names Allie Vitte AVP Special Assets Manager

October 21, 2024

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

JD BANK NAMES ALLIE VITTE AVP SPECIAL ASSETS MANAGER

Jennings, LA – JD Bank is pleased to announce that Allie Vitte has joined JD Bank as AVP Special Assets
Manager. In this role, Vitte will oversee a team that works with customers and bank staff to achieve
positive results while overcoming moments of hardship. “We are delighted for Allie to return to JD Bank
and lead our Special Assets department,” said George Shafer, SVP Attorney-Chief Compliance Officer.
“Her extensive background in accounts management, collections and experience at JD Bank made her
the perfect fit for this position.”

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