JD Bank Promotes Kayla Robinson to Vice President

April 25, 2024

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

JD BANK PROMOTES KAYLA ROBINSON TO VICE PRESIDENT

Jennings, LA – JD Bank is pleased to announce the promotion of Kayla Robinson to Vice President. Kayla is the Branch Manager and a consumer lender for the Highway 14 and Morganfield Branches in Lake Charles. Robinson oversees the day-to-day operations of these full-service branches, in addition to her role as a consumer lender for the local community. “Kayla is a talented and valuable member of the JD Bank team and her promotion to Vice President is well-deserved. Under her leadership, these branches will continue to grow and meet the needs of the Lake Charles community,” said Oliver Clark, SVP Regional Retail Manager.

Robinson joined the JD Bank team in 2013 as part of the Management Trainee Program and served as AVP Assistant Office Manager and a consumer lender at our McNeese Branch, prior to her promotion in October 2020 to AVP Branch Manager and consumer lender for the Highway 14 and Morganfield offices. She is a graduate of the Louisiana Bankers Association Leadership School, Bankers School for Supervisory Training, and Leadership Southwest. “I look forward to continuing to provide excellent customer service for our valued customers while building new relationships, helping people achieve their financial goals,” said Robinson.

A graduate of McNeese State University, Robinson is a member of the North Lake Charles Kiwanis Club and Zeta Phi Beta sorority.

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

 

Anna Lafitte Joins JD Bank Team as Opelousas Branch Manager and Consumer Lender

April 8, 2023

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

ANNA LAFITTE JOINS JD BANK TEAM AS OPELOUSAS BRANCH MANAGER AND CONSUMER LENDER

Jennings, LA – JD Bank is pleased to announce that Anna Lafitte has joined the JD Bank team as Branch
Manager of our Opelousas Office located at 1614 S. Union St. Lafitte brings over 29 years of professional
experience in banking, finance, and real estate to this position. As Branch Manager, she will oversee
daily branch operations and serve as a lender for the St. Landry community. “With her diverse
background, Anna is the perfect fit to grow our Opelousas Office. She is focused on providing quality
banking services to the community,” said Kitty Jo Deshotel, SVP Regional Retail Manager.

Lafitte comes to JD Bank from The Collective Group @ NextHome Cutting Edge Realty where she is a
part owner and is also a licensed realtor. She began her career working for Hibernia National Bank in
Baton Rouge. A resident of Acadiana, Lafitte resides in Arnaudville with her husband and children.

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. Reports Financial Results for Three and Twelve-Month Periods Ended December 31, 2023

PRESS RELEASE 
January 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 QUARTER ENDED MARSH 31, 2024

Jennings, La., April 25, 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 quarter ended March 31, 2024.

Net income for the three-month period ended March 31, 2024 is $3,652,396 or $1.07 per share compared to a net loss of $(2,213,692) or $(0.65) for linked quarter ended December 31, 2023 and $2,085,229 or $0.61 per share for the prior year quarter ended March 31, 2023. Net income for both the linked and prior year quarters included losses associated with the partial restructuring of the investment securities portfolio. Pre-tax, pre- provision operating income (PTPPOI) for the current quarter is $3,709,245 compared to $3,910,715 for the linked quarter and $4,282,092 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 13.0% increase in interest expense which resulted in lower net interest income. Compared to the prior year quarter, the decrease is due to a reduction in net interest income and higher non-interest expenses.

Bruce Elder, President and CEO, commented, “Earnings for the first quarter of 2024 receive a mixed review. On a Generally Accepted Accounting Principles (GAAP) basis, net income compares very favorably to comparative quarters. On a pre-tax, pre-provision operating basis, the effects of higher funding and other non-interest expense costs had an adverse impact on comparative trends. Current economic conditions remain favorable and loan demand is steady, and we will strive to continue to transition lower yielding assets into higher earning loans to help combat the higher costs of funding.”

Elder continued, “We have made a commitment to our teammates at JD Bank to retention and pay equity and therefore, we anticipate salary and benefits expense to increase over the coming quarters. Some of that increase will be offset through a reduction in other non-interest expenses. We recently renegotiated our core data processing agreement and expect lower overall processing 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 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 22 full-service branch offices and two Loan Production/Deposit Production offices located along the Interstate 10/12 corridor from Lake Charles to Mandeville, 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 www.otcmarkets.com\

JD Bancshares, Inc. Declares Cash Dividend

PRESS RELEASE 
January 24, 2024 
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 January 23, 2024, the Board voted to pay a cash dividend in the amount of $0.29 per share on February 9, 2024 to the shareholders of record on February 2, 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 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 22 full-service branch offices and two Loan Production/Deposit Production offices located along the Interstate 10/12 corridor from Lake Charles to Mandeville, 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

Amy Castro Broussard Joins JD Bank as AVP Office Manager

January 16, 2023

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

AMY CASTRO BROUSSARD JOINS JD BANK AS AVP OFFICE MANAGER

Jennings, LA – JD Bank is pleased to welcome Amy Castro Broussard to our team as AVP Office Manager
of our Johnston Street Office* in Lafayette. Bringing over 20 years of banking and finance expertise to
her new role, Broussard will oversee daily branch operations and serve as a lending resource for the
community. “Amy brings a wealth of financial knowledge to our team,” said Kitty Jo Deshotel, SVP
Regional Retail Manager. “Her deep ties to the community make her the ideal choice to lead the
Johnston St. Office and deliver high-quality banking services in Lafayette.” 

Broussard embarked on her finance career in 1995 as a personal banker, serving in several professional
roles in the banking industry. Born and raised in Abbeville, Broussard lives in Lafayette and is a long-time
volunteer with Junior Achievement.

*Located at 3600 Johnston St. on the corner of Johnston Street and Arnould Boulevard.

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. and JD Bank appoint Michael A. Guillory to Board of Directors

PRESS RELEASE 
January 3, 2024 
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. and JD Bank appoint Michael A. Guillory to Board of Directors

Jennings, La., January 3, 2024 (ACCESSWIRE) –JD Bancshares, Inc. (OTCQX: JDVB) Dan L. Donald, Jr., Chairman of the Board of Directors of JD Bancshares, Inc., is pleased to announce the appointment of Guillory Oil President Michael A. Guillory to the Board of Directors effective December 19, 2023. The addition of Guillory to the board reflects JD Bancshares’ commitment to fostering growth in Louisiana and enhancing corporate governance. Guillory will serve on the boards of both JD Bancshares, Inc. and JD Bank.

“We are pleased to have Michael join the Boards of both the Bank and the Company. This is the first new addition to the Boards since May 2009, and we look forward to the fresh perspective that Michael will bring as a successful businessman in the Eunice and Lafayette markets. The depth of his experience and industry knowledge will undoubtedly strengthen our board and contribute significantly to our strategic decision-making,” stated Bruce W. Elder, President & CEO.

Guillory brings a wealth of experience and expertise to our organization with a distinguished career in the oil and gas industry. Throughout his career, Guillory has consistently demonstrated exceptional leadership, strategic vision, and a deep understanding of market dynamics. He has a proven track record of steering his company toward success in a dynamic and competitive landscape.

Serving as an active member of the Chevron Council, Valero Council, and the Louisiana Oil Marketers and Convenience Store Association, Guillory expressed excitement about joining the boards, stating, “I look forward to collaborating with the talented leadership of JD Bancshares and JD Bank and contributing to the company’s continued success in Louisiana.”


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 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 22 full-service branch offices and two Loan Production/Deposit Production offices located along the Interstate 10/12 corridor from Lake Charles to Mandeville, 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.

JD Bancshares, Inc. Announces Securities Portfolio Repositioning

PRESS RELEASE 
November 22, 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. Announces Securities Portfolio Repositioning

Jennings, La., November 22, 2023 (ACCESSWIRE) – JD Bancshares, Inc. (the “Company”), (OTCQX: JDVB), the parent holding company of JD Bank (the “Bank”), announced that the Bank completed a transaction to reposition a portion of its investment securities portfolio. 

In November 2023 the Bank initiated a strategic securities transaction by selling approximately $54.7 million of available-for-sale securities consisting entirely of lower-yielding US Treasury securities with an average yield of 1.32% for an estimated pre-tax loss of $6.6 million. The Company expects to deploy the net proceeds into a mix of cash and higher-yielding earning assets with an expected average yield of approximately 6.67%. We estimate that the loss should be earned back in 2.8 years. The strength of our capital position allowed the Company to proactively reposition the securities portfolio, which we anticipate will provide significant future earnings benefit and safeguard against potential interest rate risk as we enter 2024. 


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 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 22 full-service branch offices and two Loan Production/Deposit Production offices located along the Interstate 10/12 corridor from Lake Charles to Mandeville, 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.

 

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