JD Bank Welcomes Royce Boyer to Commercial Lending Team

July 16, 2024

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

JD BANK WELCOMES ROYCE BOYER TO COMMERICAL LENDING TEAM

Jennings, La.- JD Bank is pleased to announce that Royce Boyer has joined JD Bank as VP Commercial Lender in New Iberia. His office is located in our branch at 529 North Lewis Street. With over 13 years of banking experience, Boyer will work with business customers of all sizes to help them understand borrowing opportunities and banking services that can help them grow and increase profitability. Boyer started his banking career at Teche Federal Bank, most recently serving as a Commercial Banker for B1Bank.

“We are delighted to welcome Royce to our team in New Iberia. His fresh perspective and enthusiasm for commercial lending will be a tremendous asset as we continue to expand our services and support the growth of our clients,” said Chad L. Hebert, SVP Regional Market Executive.

Boyer is a graduate of New Iberia Senior High, the University of Louisiana at Lafayette, and the LA Tech Graduate School of Banking. Active in the community, he is a member of the New Iberia Kiwanis Club, Real Estate Professionals of Iberia Parish, and a 2019 graduate of the Greater Iberia Chamber of Commerce Leadership Program.

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

 

Kitty Jo Deshotel named SVP Director of Retail Banking

July 15, 2024

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

KITTY JO DESHOTEL NAMED SVP DIRECTOR OF RETAIL BANKING

Jennings, LA – JD Bank is pleased to announce that Kitty Jo Deshotel has been promoted to SVP Director of Retail Banking. As Director of Retail Banking, Deshotel will oversee all retail aspects of JD Bank including branch operations, personnel, and the deposit and lending functions. “Kitty Jo has enjoyed a distinguished banking career spanning 22 years,” said Jimmy LeBlanc, EVP Chief Commercial Banking Officer. “She is a talented banker and under her leadership JD Bank will continue to thrive.”

Deshotel joined the JD Bank team in 2013 with the acquisition of Guaranty Bank. She started her banking career with Guaranty Bank as a Teller and served as a Consumer and Commercial Loan Officer, Mortgage Loan Originator, and Assistant Branch Manager. Prior to her promotion, Deshotel was Senior Vice President Regional Manager for JD Bank’s Acadiana and Northeast Markets and also served as manager of the Eunice office.

Born in Ville Platte, Deshotel graduated from Vidrine High School and earned a bachelor’s degree in finance from McNeese State University. Active in the community, she has served as past president and is a current member of the Eunice Rotary Club and is a board member of the Eunice 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 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 Bank Welcome Megan Dimas as Vice President Operations Manager

July 1, 2024

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

JD Bank Welcome Megan Dimas as Vice President Operations Manager

Jennings, LA – JD Bank is pleased to announce that Megan Dimas has joined our team as Vice President
Operations Manager. In this role, Dimas will guide and ensure efficient and compliant operational
functionality of branch processes for the company. A native of Lake Charles, Dimas started her career in
banking as a Teller and held leadership roles in Call Center Management and Deposit Operations over
the past 22 years. She is a community volunteer for the Partners In Education Program and Junior
Achievement 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 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

 

Tyler Marcantel Promoted to Office Manager

June 12, 2024

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

TYLER MARCANTEL PROMOTED TO OFFICE MANAGER

Jennings, LA – JD Bank is pleased to announce the promotion of Tyler Marcantel to Office Manager of our Sale Road Branch located at 119 W. Sale Road in Lake Charles. In this role, Marcantel will oversee daily branch operations and serve as a consumer lender. “Tyler has proven to be an asset with JD Bank and his promotion is well deserved,” said Oliver Clark, SVP Regional Retail Manager. “Tyler is experienced in customer service, customer solutions and consistently exceeds expectations.”

Marcantel joined the JD Bank team in 2020 as Head Universal Banker for the Sale Road location. A native of Kinder, Marcantel obtained an Associate of Science in Business Administration and Management from Sowela. He is currently pursuing a Bachelor of Science in Accounting from LSU-A, expected to graduate in 2025. He is a graduate of the 2022 Louisiana Bankers Association’s Leadership School.

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

 

Alice Crochet Promoted to Assistant Vice President

June 3, 2024

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

ALICE CROCHET PROMOTED TO Assistant Vice President

Jennings, LA – JD Bank is pleased to announce the promotion of Alice Crochet to Assistant Vice President. Crochet is the Branch Manager of the Lake Arthur Branch, overseeing day-to-day operations. Additionally, she serves as a consumer lender for the local community. “Her banking experience and leadership is an asset to our customers and the Lake Arthur team. Under her leadership, the Lake Arthur Branch has continued to grow and meet the needs of the community and this promotion is well deserved.” said Oliver Clark, SVP Regional Retail Manager.

Crochet joined the JD Bank team in November 1996 as a teller and was quickly promoted to loan associate at our Welsh Branch. In 2012 she was named a consumer lender. She was promoted to branch manager for Lake Arthur in 2022. Crochet is a native of Welsh and member of the Jennings Lion 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 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 Bank Announces Inaugural Advisory Council to Enhance Financial Services in Baton Rouge and the Northshore

May 28, 2024

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

JD BANK ANNOUNCES INAUGURAL ADVISORY COUNCIL TO ENHANCE FINANCIAL SERVICES IN BATON ROUGE AND THE NORTHSHORE

Ryan
Bodin

Jeff
Breland

Carrie H.
Calvin, CPA

Preston
Castille, Jr.,
Esq.

Bobby
DeAngelo

Paige
Hall

JD Bank proudly announces the establishment of its inaugural Bank Advisory Council for Baton Rouge and the Northshore region of New Orleans. This initiative underscores the bank’s dedication to fostering collaboration and driving economic growth across Louisiana.

The JD Bank Advisory Council comprises a diverse group of influential leaders, experts, and stakeholders from various sectors, including finance, business, education, and real estate development. Their collective expertise and insights will provide strategic guidance and invaluable perspectives to JD Bank as it continues to innovate and expand its range of financial services and community outreach initiatives in southeastern Louisiana.

“We are thrilled to launch this community advisory council, bringing together a dynamic group of individuals who share our vision for JD Bank to be the best community bank in Louisiana.” said Bruce Elder, President and CEO. “As a community-focused institution, we recognize the importance of collaboration and engagement in addressing the evolving financial needs of both businesses and individuals in the communities we serve.”

The council will work closely with JD Bank leadership to identify opportunities, address challenges, and implement initiatives that promote financial inclusion, economic development, and sustainable growth. JD Bank remains committed to strengthening its partnerships and engaging with stakeholders to drive positive social impact and create lasting value for the communities it serves. The establishment of the Advisory Council underscores the bank’s ongoing commitment to service excellence.

Members of the JD Bank Baton Rouge/Northshore Advisory Council:

Ryan Bodin – Mandeville- Ryan owns several real estate holding companies across the southeast US and currently owns over 1 million square feet of large retail space with National and regional tenants. He has been in real estate investing for over 15 years and has had nearly 2000 rental properties.  

Jeff Breland – Slidell -Jeff Breland, Associate Broker of CENTURY 21 Investment Realty;  Licensed for 30+ years in the States of Louisiana and Mississippi; Consistently #1 Producer in E. St. Tammany for Residential/Commercial Sales & Leasing; Also owner of Planet Storage, a 100,000 sf Self Storage facility, and partner in Mid-South Developers, a land development Company .

Carrie H. Calvin. CPA – Slidell – Carrie H. Calvin, CPA, is a Director of Accounting and Auditing Services and manager of the Northshore practice for Bourgeois Bennett, LLC. She is a member of the Society of Louisiana Certified Public Accountants, the American Institute of Certified Public Accountants, and the Association of Certified Fraud Examiners. Her industry specializations include healthcare, retail and maritime, manufacturing, insurance agencies and employee benefit plans.

Preston Castille, Jr., Esq. – Baton Rouge – Preston Castille is the president and CEO of Helix Community Schools, a network of elementary and secondary schools in South Louisiana. The Helix network includes Helix Mentorship STEAM Academy, Helix Aviation Academy, and Helix Legal Academy. Preston is an elected member of the Louisiana Board of Elementary & Secondary Education (BESE) and is the current chair of the School Innovation and Turnaround Committee. Preston is a Southern University Law Center adjunct law professor and a former LSU Law School adjunct law professor. Preston retired as a partner and Executive Committee member of the Taylor Porter law firm in 2020, after 25 years of practice with the firm and now owns a small law firm.

Bobby DeAngelo – Baton Rouge – DeAngelo began his career in 1981, working in the industrial pipe valve fitting business for Modern Valve, a Baton Rouge based company. In 1988 he joined Louisiana Chemical Equipment and started a PVF division, which he purchased in 1996. He is currently active in the industrial real estate business. 

Paige Hall – Zachary – Hall is the Co-Owner of Solo Property Management, LLC, Solomon of Zachary, LLC, Duke Rentals of Zachary, LLC, Domino Properties, LLC and Truman Rentals, LLC. She has thirty-six years of experience purchasing investment residential & multi-family properties.

 

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 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\