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 Bank to Open New Location at 119 W. Sale Rd. on July 5

June 8, 2022

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

JD Bank to Open New Location at 119 W. Sale Rd. on July 5

Jennings, LA – JD Bank is pleased to announce that our 119 W. Sale Road location will open July 5, 2022, offering a high-tech, high-touch approach to serve the personal and business financial needs of the Lake Charles community. This full-service branch replaces our Ryan Street location, which was destroyed by Hurricane Laura in 2020. “After the destruction of our McNeese Branch in August 2020, we made a commitment to our customers and the Lake Charles community to help revitalize the University area that was hit hard by hurricane devastation.  Our team is ready to open a new, innovative and modern branch on W. Sale Road.  Our efforts, combined with some exciting redevelopment by McNeese University, will create a vibrant environment at the Ryan Street and W. Sale Road intersection.  We look forward to continuing to offer JD Bank’s unique brand of community banking at this new location,” said Bruce W. Elder, President and CEO.

Oliver Clark, SVP Regional Manager, has been selected as manager and consumer lender for the W. Sale Road location. Clark currently serves as a Regional Manager and is responsible for the management of the Iowa, Jennings, Lake Arthur, Morganfield, and Welsh JD Bank locations. He is also the Branch Manager of our Hwy 14 Branch located at 2726 Gerstner Memorial Blvd. Clark began his banking career at JD Bank in 2003 and has served as Banker, Loan Associate, Consumer Lender, Assistant Branch Manager, and Branch Manager. He is a graduate of Leadership Southwest Louisiana and the LSU Graduate School of Banking. Active in the community, Clark volunteers with Big Brothers Big Sisters of Southwest Louisiana, serves on the Board for Kiwanis Club of Southwest Contraband, and is a reserve deputy for the Calcasieu Parish Sheriff’s Office.

Kayla Robinson, AVP Morganfield Branch Manager, will serve as manager and consumer lender for both the Morganfield and Hwy 14 locations. Robinson is a graduate of McNeese State University with a bachelor’s degree in business administration and an active member of Zeta Phi Beta Sorority. She is a graduate of the LBA’s Leadership School and Bankers School for Supervisory Training, and Leadership Southwest Louisiana. Robinson is also a volunteer for Junior Achievement and United Way of Southwest Louisiana.

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 Bank adds Jackelyn Gallo to Team to Lead Expansion in Southeast Louisiana

June 1, 2022

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

JD BANK ADDS JACKELYN GALLO TO TEAM TO LEAD EXPANSION IN SOUTHEAST LOUISIANA

Jennings, LA – JD Bank is pleased to announce that Jackelyn Gallo has joined our team as Regional Market Executive. With the addition of Gallo, JD will expand its footprint to serve the personal and business financial needs of the Northshore and Baton Rouge market areas. “Jackelyn is a very talented banker who brings great energy and expertise as JD Bank begins to expand its presence beyond our current footprint. We anticipate seeking approval for loan and deposit production offices in Baton Rouge and the Northshore area of south Louisiana in the third quarter of 2022,” said Bruce W. Elder, JD Bank President & CEO.

Gallo is an accomplished and well respected banker in the Northshore and Greater New Orleans Metro Area. Over her 21 year banking career she has successfully developed and managed business banking professionals in the areas of portfolio management, relationship management, client experience, prospecting, profitability, monitoring, and risk management. As Regional Market Executive, she will lead our expansion efforts as we introduce the JD Bank brand of community banking in Southeast Louisiana. She will also serve as a commercial lender for this region and help customers meet their financial goals through the financing of commercial projects including real estate, equipment, operating lines of credit, and other business needs. “I am proud to join JD Bank at such an exciting time and bring our 75-year history of community banking to the Northshore and Baton Rouge markets. Having lived in both areas, this opportunity is a unique calling for me. As I joined the team, it was quickly apparent that everyone within the bank lives the culture of being client and community focused in everything we do. Our entire team is committed to the success of our growth across Southeast Louisiana as ‘Louisiana’s Community Bank’ where we are truly ‘Neighbors Banking on Neighbors,’” said Gallo.

Born and raised in the New Orleans Metro area, Gallo is a graduate of the University of New Orleans and received her MBA from Southeastern Louisiana University. Active in the community, she is a Board Member for the East St. Tammany Business Alliance, Founding Board Member of Bring It Home Northshore, and Board Member of Steel Mimosas, an organization of 100 women who collectively support local non-profit organizations. She and her husband Captain Mike Gallo have been married for over 20 years and enjoy spending time together fishing in the beautiful Louisiana marsh.

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.

5 Key Benefits of Mobile Banking in 2022

5 key benefits of mobile banking in 2022

Source: Adapted from bankrate.com

1. Accessing the bank 24/7. 

Unlike a bank branch, mobile banking conveniently gives you access to your account anytime you like — with some exceptions, such as planned maintenance updates and unexpected outages.

This ease of accessibility saves you time. Mobile check deposit, for example, a feature most banking apps offer, allows you to deposit a check on the go or from the comfort of your couch.

Mobile banking can also help alleviate pandemic-related health worries and other concerns consumers may have regarding banking in person.

2. Paying IOUs

When you are logged into your mobile banking app, it’s easy to pay back someone you know.

Banks across the country partner with Zelle so that you can send someone money in minutes through the bank’s mobile app rather than paying people with cash or a check.

You only need to know recipients’ email addresses or phone numbers to send them money. If your bank doesn’t offer Zelle, it usually lets you transfer funds to someone else’s bank account if you know their routing and account numbers.

3. Strengthening security. 

Banks are in the business of guarding your assets — including transactions made using their mobile apps. Though nothing is foolproof, there are ways you can step up security precautions if you’re concerned about mobile banking security.

Financial institutions often require a username and password to sign into a mobile app and offer additional safety features to further safeguard your account. Multi-factor authentication, for example, requires at least two kinds of verification to prove that it’s really you. The first are the account credentials (your username and password) followed by a text with numeric code sent to your phone that needs to be submitted to gain access to the account.

Further, some mobile devices — and some bank apps — let you log in by scanning your face or fingerprint as yet another way to protect your digital bank account without trading convenience. “In mobile banking, you can really leverage biometrics for authentication,” ABA’s Morgan says.

The security features also allow you to lock or remotely disable your smartphone, should it go missing, to keep fraudsters out.

Your bank app may also let you share your location to help you spot payment fraud.

“It can be better for security for the consumer because we are getting to the world where we can do things like, ‘We know where your phone is and if your card is a long way from your phone, it might not be you,’” HM Bradley’s Bruhnke says. “There are a lot of interesting security controls that can come out of actually having the app installed.”

4. Providing added controls. 

Think of a mobile banking app as a remote control for your money. The app lets you deposit a check and send someone money whenever you wish.

These controls are getting more advanced. Some bank apps let you activate a new credit or debit card, for example.

“If someone tries to use their card that is not activated, a bank for years would just decline the card. That’s the default,” Bruhnke says. “Now if you have the mobile app, you can get a push notification of, ‘Hey, your card hasn’t been activated. Do you want to activate that?’”

It’s not the only way banks let you control your cards. A growing number of banks let you use their mobile apps to turn your debit or credit card off if it goes missing or is stolen. It’s a nice feature to help you feel instantly secure in a moment of panic. Calling a toll-free number is not required if you want to turn your card back on, either.

5. Offering clarity about where your financial data is going. 

Many consumers share bank data to use services like Venmo and Mint. Depending on how many outside apps you use, it can be quite taxing to remember which company has what bank data. So a number of banks are trying to help customers understand where it’s going by changing the way data is shared behind the scenes.

“We are seeing a lot more banks offer that functionality that gives consumers proactive control over where their data is going,” ABA’s Morgan says. “It’s not just the added security … But it’s also the importance of transparency so you see where your data is going, how it is being used and [controlled], the ability to turn off this thing when you are no longer using the service.”

###

JD BANK WELCOMES TYLER RICHARD TO SWLA COMMERCIAL LENDING TEAM

May 23, 2022

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

JD BANK WELCOMES TYLER RICHARD TO SWLA COMMERCIAL LENDING TEAM

Jennings, LA – JD Bank is pleased to welcome Tyler Richard to our Commercial Lending Team. Richard will serve as AVP Commercial Lender in our Lake Charles market and work with customers throughout SWLA to help them meet their financial goals through the financing of commercial projects including real estate, equipment, operating lines of credit, and many other business needs. His office is located at our Nelson Road Branch, 4400 Nelson Road in Lake Charles. “JD Bank has a talented lending team and Tyler is the perfect addition to our growing organization,” said Jimmy LeBlanc, EVP Chief Commercial Banking Officer. 

Born and raised in Moss Bluff, Richard is a graduate of Sam Houston High School and SOWELA Technical Community College. He began his banking career in 2017 as a Commercial Relationship Manager with Iberia Bank. “My goal is to partner with businesses and assist them in achieveing long-term success,” said Richard.

Active in the community, Richard is a board member for the Literacy Council of SWLA and a member of the Greater Lake Charles Rotary Club. He is a 2020 graduate of Leadership Southwest, an annual development program of the SWLA Economic Development Alliance designed to prepare emerging civic leaders.

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

Avoid Fraud!

10 THINGS YOU CAN DO TO AVOID FRAUD!

Source: ftc.gov

1. Spot imposters. 

Scammers often pretend to be someone you trust, like a government official, a family member, a charity, or a company you do business with. Don’t send money or give out personal information in response to an unexpected request – whether it comes as a text, a phone call or an email. 

2. Do online searches. 

Type a company or product name into your favorite search engine with words like “review,” “complaint” or “scam.” Or search for a phrase that describes your situation, like “IRS call.” You can even search for phone numbers to see if other people have reported them as scams. 

3. Don’t believe your caller ID. 

Technology makes it easy for scammers to fake caller ID information, so the name and number you see aren’t always real. If someone calls asking for money or personal information, hang up. If you think the caller might be telling the truth, call back to a number you know is genuine. 

4. Don’t pay upfront for a promise. 

Someone might ask you to pay in advance for things like debt relief, credit and loan offers, mortgage assistance, or a job. They might even say you’ve won a prize, but first you have to pay taxes or fees. If you do, they will probably take the money and disappear. Learn where to get real help with these issues at consumer.ftc.gov. 

5. Consider how you pay. 

Credit cards have significant fraud protection built in, but some payment methods don’t. Wiring money through services like Western Union or MoneyGram is risky because it’s nearly impossible to get your money back. That’s also true for reloadable cards like MoneyPak, Reloadit or Vanilla. Government offices and honest companies won’t require you to use these payment methods. 

6. Talk to someone. 

Before you give up your money or personal information, talk to someone you trust. Con artists want you to make decisions in a hurry. They might even threaten you. Slow down, check out the story, do an online search, consult an expert — or just tell a friend. 

7. Hang up on robocalls. 

If you answer the phone and hear a recorded sales pitch, hang up and report it to the FTC. These calls are illegal, and often the products are bogus. Don’t press 1 to speak to a person or to be taken off the list. That could lead to more calls. 

8. Be skeptical about free trial offers. 

Some companies use free trials to sign you up for products and bill you every month until you cancel. Before you agree to a free trial, research the company and read the cancellation policy. And always review your monthly statements for charges you don’t recognize. 

9. Don’t deposit a check and wire money back. 

By law, banks must make funds from deposited checks available within days, but uncovering a fake check can take weeks. If a check you deposit turns out to be a fake, you’re responsible for repaying the bank. 

10. Sign up for free scam alerts from the FTC at ftc.gov/scams. 

Get the latest tips and advice about scams sent right to your inbox. 

###

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

Notice of Annual Meeting and Proxy Statement

Notice of Annual Meeting and Proxy Statement

Notice is hereby given that the Annual Meeting of Shareholders (the “Annual Meeting”) of JD Bancshares, Inc. (the “Company”) will be held on Tuesday, May 10, 2022, at 2:00 p.m., Central Time, at the main office of JD Bank, located at 1611 Elton Road, Jennings, Louisiana. In light of the continued public health crisis related to the COVID-19 Pandemic, the Company will also permit shareholders with the ability to participate in the annual meeting by remote communication, providing shareholders with the option to attend the meeting either in person or virtually by using the instructions included at the bottom of this notice. The Annual Meeting will convene for the following purposes:

1. To elect twelve (12) directors;

2. To approve the JD Bancshares, Inc. 2022 Omnibus Incentive Plan;

3. To ratify the appointment of Wipfli LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022; and

4. To transact such other business as may properly come before the meeting and any adjournment thereof.

Only those shareholders of record at the close of business on March 21, 2022 will be entitled to notice of and to vote at the Annual Meeting.

CLICK HERE TO READ THE FULL NOTICE.


###

Lucas Tate Joins JD Bank as AVP Mamou Branch Manager

March 28, 2022

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

LUCAS TATE JOINS JD BANK AS AVP MAMOU BRANCH MANAGER

Jennings, LA – JD Bank is pleased to announce that Lucas Tate has joined the JD Bank team as AVP Branch Manager of our Mamou Office located at 609 Main St. Tate has more than 20 years of banking expertise. In his role as Branch Manager he will oversee daily branch operations and serve as a lender for the local community.  “Lucas is motivated to provide quality financial service to the Mamou community,” said Kitty Jo Deshotel, SVP Regional Retail Manager. “His diverse banking knowledge and connection to Mamou made him the perfect fit for leading our Mamou office.”

A McNeese State University graduate, Tate began his banking career in 2001 and has worked as a Branch Manager, Loan Officer and Commercial Relationship Manager. In addition to his lending experience, Tate is Notary and holds a property, casualty and life insurance license.  “The financial needs of our agricultural communities are unique. As a native of Ville Platte and raised in the cattle business, I understand these distinctive needs and look to establish relationships that will promote the growth of our community,” said Tate.

Active in the community, Tate is a board member for the Mamou Homerun Club, a member of the Mamou Quarterback Club, and a Dixie Youth Certified Umpire. Tate has two children and enjoys hunting, fishing, golf, cooking and raising cattle.

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

SARAH BARNHILL PROMOTED TO AVP TREASURY MANAGEMENT SPECIALIST

March 22, 2022

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

SARAH BARNHILL PROMOTED TO AVP TREASURY MANAGEMENT SPECIALIST
Jennings, LA – JD Bank is pleased to announce the promotion of Sarah Barnhill to AVP Treasury Management Specialist. Barnhill joined JD Bank as the AVP Branch Manager for our Carlyss office in July 2021. As Treasury Management Specialist, she will partner with commercial banking and retail branch teams to provide solutions that help businesses fully optimize their banking relationships as well as save time and money. “I am excited to use my knowledge and experience to help those in our community by delivering customized solutions and improving efficiency for our local businesses,” said Barnhill. “When Sarah joined JD Bank, she quickly became an asset for our team,” said Jimmy LeBlanc, EVP Chief Commercial Banking Officer. “Her talent and passion for working with customers to meet their needs will enhance the services provided to our business customers.” A McNeese State University graduate, Barnhill began her banking career in 2000 as a teller for JP Morgan Chase & Co. She was quickly promoted to Relationship Banker, Branch Manager, and District Manager. Barnhill holds Life and Health insurance and Property and Casualty insurance licenses. 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