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. 

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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.


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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

JD BANK CELEBRATES 75th ANNIVERSARY WITH $75,000 DONATION TO LOCAL NON-PROFITS

March 17, 2022

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

JD BANK CELEBRATES 75th ANNIVERSARY WITH $75,000 DONATION TO LOCAL NON-PROFITS

Jennings, LA – To commemorate our 75th Anniversary, JD Bank is pleased to announce the donation of $75,000 on behalf of our employees to 25 charitable organizations throughout Southwest Louisiana and Acadiana. Each JD Bank location selected an organization to receive a donation in celebration of this milestone anniversary. The donation was announced today by JD Bank President and CEO Bruce W. Elder.

“Our community bankers work hard throughout the year at each of our local branches, and they are also passionate about volunteering and serving the communities where they live and work. We are proud to honor them and to make this donation on their behalf to the community service organizations they have selected,” said Elder.

JD Bank employees are presenting checks to the individual non-profits in each of their communities. A list of those organizations receiving donations is attached.

JD Bank was founded on March 12, 1947, with one goal – Serve the people and communities of Jeff Davis Parish. The doors to our first branch opened in Jennings, and we have grown to serve the financial needs of 16 communities in eight parishes. “The longevity JD Bank has experienced is rare in today’s world, where banks seem to be changing names very often. We attribute our success to the individual communities and customers who write the JD Bank story.  With local decision making and personalized service, we remain true to the vision our founders had 75 years ago,” added Elder.

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

Celebrating 75 years of community service, the following organizations received a donation on behalf of JD Bank employees.

  • Bayou Animal Rescue Krewe – Animal Protection and Welfare – Lake Charles
  • Big Brothers Big Sisters SWLA – Youth Mentoring and Education – Lake Charles
  • Calcasieu Parish 4H – Agriculture and Business Education for Youth – Lake Charles
  • Care Help of Sulphur – Emergency Assistance/Food Pantry – Carylss
  • Caring Hands of Jennings – Assistance for the Low to Moderate Individuals and Families – Jennings
  • Colors for A Cause – Brennans Blessings – Assistance for Families of Children with Cancer – Westlake
  • Every Paw Animal Rescue (EPAR) – Animal and Community Welfare – Ville Platte
  • Escape from Poverty – Financial and Life Skills for Low to Moderate Income Families – Lafayette
  • Eunice Community Health Center – Medical services for the low to moderate income working uninsured and underinsured – Eunice
  • Faith House of Acadiana – Domestic Violence Crisis Center – Lafayette
  • Firestarter Project – Iberia Chamber – Youth Leadership – New Iberia
  • Friends Underwriting Rescues (FUR) – Animal Welfare Funding – Opelousas
  • Girlie Girls Mentoring Program, Inc. – Youth Mentoring Program – Lake Charles
  • Give-A-Wish – Grants wishes for terminally ill children – Kinder
  • Iowa Senior Center – Calcasieu Council on Aging Services for Seniors – Iowa
  • Jefferson Davis Council on the Aging, Inc. – Services for Seniors in need in Jeff Davis Parish –  Jennings
  • Lake Arthur Meal Ministry – Meals for those in Need –  Lake Arthur
  • Maddie’s Footprints – Help for families suffering the loss of a child – Lafayette
  • Mamou Health Resources, Inc – Housing, Medication and Medical Assistance for the Low to Moderate Income – Mamou
  • Project Rise – Animal Shelter Funding – New Iberia
  • St. Nicholas Center – Autism Services for Youth – Lake Charles
  • Sulphur Senior Center – Calcasieu Council on Aging – Services for Seniors – Sulphur
  • The Community Chest – Emergency Assistance for Families in Distress – Moss Bluff
  • The Family Tree – Information, Education, and Counseling Services – Lafayette

JD Bank Announces Mortgage Department Promotions

February 2, 2022

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

JD BANK ANNOUNCES MORTGAGE DEPARTMENT PROMOTIONS

Jennings, LA – JD Bank is pleased to announce the promotions of Lisa Johnson to SVP/Director of Mortgage Lending and Lesley Schexnayder to SVP/Assistant Manager of Mortgage Lending.

Johnson joined JD Bank in 2017 as the VP/Mortgage Loan Department Manager with 31 years of experience in banking and mortgage lending. In her position, Johnson oversees the bank’s secondary mortgage origination and interim residential construction programs, including cultivating new customers and building relationships in the communities served by JD Bank. Under her leadership, the Mortgage Lending division has grown significantly. “Our mortgage lending team is best of class across our footprint and is a reflection of the leadership qualities of Lisa. She expects her team to provide an exceptional customer experience and Lisa sets that expectation by leading through example,” said Bruce Elder, JD Bank President and CEO. Active in the community, she is a member of the SWLA Home Builders Association and the Southwest Louisiana Association of Realtors. She is a graduate of the Management & Leadership Program at Louisiana State University.

Schexnayder has been in banking for 22 years and joined JD Bank in 2014 as a Mortgage Loan Originator. In her role as Assistant Manager, she will be responsible for assisting the Director in overseeing the mortgage department in the origination and servicing of all mortgage loans. “Lesley has consistently been a top producer, and we are excited about the wealth of knowledge and bench strength she will add from a management perspective,” said Elder. Schexnayder is a member of the Acadiana Home Builders Association and the Real Estate Association of Acadiana.

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 expands Commercial Lending Team with the addition of Andre Higginbotham

PRESS RELEASE

January 6, 2022

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

JD BANK EXPANDS COMMERCIAL LENDING TEAM WITH THE ADDITION OF ANDRE HIGGINBOTHAM

Jennings, LA – JD Bank is pleased to announce the addition of Andre Higginbotham to our Commercial Lending Team. Higginbotham will serve as VP Commercial Lender in our Lafayette market and will be located at our 300 Verot School Road location. “Andre is an experienced lender who is well versed in the markets served by JD Bank. His knowledge of the specific needs of our customers in Lafayette and Lake Charles make him a dynamic addition to our talented lending team,” said Jimmy LeBlanc, EVP Chief Commercial Banking Officer.

A native of Lake Charles, Higginbotham began his banking career in 2003 as a Retail Banking Officer while attending the University of Louisiana at Lafayette. Over his 19 year career he has held the role of Small Business Banker, Business Banker and Commercial Lender. He works with large and small business owners to help them better understand cash flow, lending opportunities, and new and existing bank services that will help streamline their businesses, allowing them to increase growth and profitability. “With the last 12 years of my career being focused on the business/commercial side of banking, I enjoy meeting with new and existing business owners to understand their needs and to help start or grow their businesses. Joining the community banking world 4 years ago has been a phenomenal experience and I look forward to many productive years helping JD Bank customers in the community,” said Higginbotham.

Active in the community, Higginbotham is a member and past Board Member of the Kiwanis Club of Lafayette and has previously served on the Board of Directors for Downtown Lafayette Unlimited, Lafayette Education Foundation and has served on the Youngsville Economic Development Committee. He and his wife Ashley have one son, Dean.

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. Announces Completion of $30.0 Million Subordinated Debt Offering

PRESS RELEASE
December 15, 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. Announces Completion of $30.0 Million Subordinated Debt Offering

Jennings, La., December 15, 2021 (ACCESSWIRE) – JD Bancshares, Inc. (OTCQX: JDVB), the parent company of JD Bank, today announced the closing of a $30.0 million private placement of fixed-to-floating rate subordinated notes. The Company intends to use the net proceeds to redeem existing debt of $17.5 million, currently priced at 6.75%, and for general corporate purposes, which may include share repurchases and providing capital to the Bank to support growth.

The notes have a maturity date of December 15, 2031 and carry a fixed rate of interest of 3.75% for the first five years. Interest will be paid semi-annually beginning June 15, 2022. On December 15, 2026, the interest rate will reset quarterly to an interest rate per annum equal to the then current Three-Month Term Secured Overnight Financing Rate (SOFR) plus 264 basis points, payable quarterly in arrears. The notes include a right of prepayment, without penalty, on or after December 15, 2026. The subordinated notes have been structured to qualify as Tier 2 capital for regulatory purposes.

President and Chief Executive Officer Bruce W. Elder discussed the offering: “We are pleased to announce the successful completion of our subordinated debt offering. This new capital is non-dilutive to current shareholders and enhances our ability to continue to execute our growth strategies. The current low interest rate environment allowed us to add an additional $12.5 million in subordinated debt to that which is being redeemed without incurring any additional interest expense.”

Piper Sandler & Co served as the sole placement agent for the private offering. The Company was advised by Fenimore Kay Harrison, LLP.

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