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 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

Safe Online Shopping Tips for The Holidays

Safe online shopping tips for the holiday season

Reposted from us.norton.com

The holidays are here, and that means many of us are making purchases online to avoid large crowds and busy traffic. While online shopping has made our lives easier, the sensitive information we share when we shop on the Internet could expose us to online risks.

The holiday season may be a lucrative time for online retailers, but cybercriminals see the Christmas, Hanukkah and Kwanzaa celebrations as opportunities to profit as well.

If you plan to do any online shopping this year, it’s important to know how to identify a secure online store. The best way to help protect yourself from cybercriminals is to be proactive about security features available online and learn how they work.

Why protect yourself when shopping online?

Whether you know it or not, you’ve already benefited from security features developed to help protect personal data like passwords, usernames and credit card numbers. Websites designed by financial institutions, insurance companies and government agencies like the DMV usually contain sophisticated security features to help keep your private information safe from cybercriminals.

However, how often does one check the online security status of a preferred online retailer?

Cybercriminals are more sophisticated today than ever before. Online threats and data breaches are not limited to large corporations — anyone on the Internet can face online threats. For these reasons, it’s important to know what to look for to ensure a safe online shopping experience.

The top online shopping security features customers need

Unless you know what to look for, identifying the security features of online retailers can be difficult. Always look for an SSL Certification, which you can verify in a few ways:

  • Look for the addition of an “S” to the “http://” at the beginning of a URL on pages where you enter a password or personal details. Some sites use SSL only on some parts of the site, like the homepage. But this doesn’t mean that the entire site is not secure.
  • Search for visual cues that indicate a secure site, such as a lock symbol and green color in the address bar before you enter a credit card number or any confidential information. This indicates that your shopping session is secure and that the site is using encryption to protect your personal data. This protocol is known as SSL — Secure Socket Layer — encryption, and it protects online transactions by keeping data in transit confidential by encoding it. In other words, your information is not visible to cybercriminals.

Other ways to be secure while shopping online

While you’re shopping on a website, some of these security features may not be present. Here are some other tips on how to be safer while spreading the holiday cheer by buying gifts online.

  • Don’t open emails from unknown senders or click on links to “deals” that seem suspicious. During the holiday season a phishing attempt may come in the form of an email advertising a sale you won’t want to miss, but the links within the email may direct you to a fake website that was built to capture your personal information. Have your guard up for emails and text messages advertising holiday deals that seem too good to be true. Although spam emails may seem harmless, never click on links or download files from unknown sources. Spam emails and bogus websites often contain typos or spelling and grammatical mistakes, so watch for those signs.
  • Install the latest version of your Internet browser to avoid security holes, which are other ways malware can sneak onto your device.
  • A virtual private network (VPN) encrypts your traffic so even if someone manages to eavesdrop, they’ll just see encrypted data when online. VPNs, like Norton Secure VPN, can turn public Wi-Fi into secured private connections.
  • Use a comprehensive Internet security solution and ensure that it is always up to date.
  • Beware of identity theft. You may not know right away if a criminal has obtained your financial information. You can be proactive by closely monitoring all of your financial accounts and signing up for text or email alerts if the institution offers them. 
  • Always use strong passwords, update them regularly, and never use the same password for multiple accounts. This is especially important for accounts that contain your personal information. Norton Identity Safe is a free tool you can use to manage your passwords.
  • Finally, if you are still unsure about the credibility of a website you can use Norton Safe Web, a free online tool that can help identify risky websites as you shop.
  • Shopping online is easy and convenient, provided that you’re vigilant about Internet security. Checking with organizations like the Better Business Bureau (BBB) can also help weed out poorly managed online shopping sites.

A five-step spending plan to avoid holiday debt

A five-step spending plan to avoid holiday debt

Source: consumerfinance.gov

The holidays can put a financial burden even on the savviest of shoppers and savers. But like most things, taking time to plan can help you avoid the stress that comes with overspending. Before you hit the mall or shop for Black Friday deals, keep reading to learn how to make a holiday spending plan that works for you.


1. Set a budget

First, make sure you account for all of your typical expenses so that you don’t come up short on bills or things like rent. Next, think about what else you may be spending on in the coming months. Are you hosting a party at your home, or traveling to visit family or friends? If so, estimate what those things will cost you. Once you’ve subtracted any expenses from your usual budget, you can think about how much you have to spend on gifts. It’s best to start planning this as early as possible. That way you can look at how much you’ll earn between now and the holidays and calculate how much you can save to cover your holiday spending. Being realistic about your budget will help make sure you don’t overspend.


2. Make a list (and check it twice)

With all of the excitement of the holidays, it can be easy to get carried away. Make a list of the gifts you need and cross them off as you go. Check your list several times before you go shopping so that you don’t leave anything off. This is when a personal rule may come in handy.  You might set a personal rule for yourself, such as: If something isn’t on your list, don’t buy it. This can get difficult when you see sales and deals pop up—but spending on something you don’t really need can make it difficult to pay for the things you do.


3. Get creative

There may be ways to give a meaningful gift at a fraction of the cost as buying something from a store. This may not work for everyone on your list, but here are some low-cost suggestions that CFPB employees have used:
▪ Homemade mixes in a mason jar, such as hot chocolate, bean soup, or cookie mixes
▪ You favorite recipes with photos in a custom picture book


4. Decide how you’re going to pay

Are you going to use cash or credit cards to pay for gifts? A helpful rule to set for yourself is to only bring the amount of money you plan to spend. That way you can help yourself stay within your budget because once you spend the money you brought, you’re done. On the other hand, using a credit card can give you more consumer rights if the item is broken when you open the box and doesn’t require you to travel with large amounts of cash. If you do decide buy your holiday gifts with a credit card, make sure you have a specific plan to pay your credit card bill and have set aside enough in your budget to do so.


5. Track your holiday spending

Just like you wrote down your lists to keep track of what you need to buy, you could also keep track of what you’ve spent. Periodically check to see if you are on track and sticking to your budget. Did you spend more or less than you thought you would on certain items? If you don’t keep track of what you spent, you could end up with an unpleasant surprise if you exceed your budget.

JD Bank Announces Promotions

PRESS RELEASE

November 1, 2021

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

JD BANK ANNOUNCES PROMOTIONS
Jennings, LA – JD Bank is pleased to announce the promotions of Oliver Clark and Kitty Jo Deshotel to Senior Vice President Regional Manager and Kayla Robinson to Branch Manager for the Big Lake and Morganfield branches in Lake Charles. “Kitty Jo, Oliver and Kayla have the knowledge, experience, and respect of their peers that will allow them to lead our teams for continued growth and success,” said Dorene Gothreaux, Chief Retail Banking Officer.

Clark began his banking career at JD Bank in 2003 and is the Branch Manager of our Hwy 14 Branch located at 2726 Gerstner Memorial Blvd. He has served as Banker, Loan Associate, Consumer Lender, Assistant Branch Manager, and Branch Manager. As a Regional Manager, Clark will expand his duties to oversee the management of the Iowa, Jennings, Lake Arthur and Welsh JD Bank Branches. He is a graduate of the Graduate School of Banking at Louisiana State University. Active in the community, Clark volunteers with Big Brothers Big Sisters of Southwest Louisiana, serves on the Board for the Kiwanis Club of Southwest Contraband, and is a reserve deputy for the Calcasieu Parish Sheriff’s Office.

Deshotel has more than 20 years of banking experience and joined JD Bank in 2013 with the merger of JD Bank and Guaranty Bank. She manages the JD Bank Eunice Branch located at 300 Park Ave. Having worked her way up through the ranks, she has held the positions of Teller, Mortgage Loan Originator, Assistant Branch Manager, Branch Manager and Consumer Lender. In her role as Regional Manager she will oversee the management of the Lafayette, Mamou, New Iberia, Opelousas, and Ville Platte JD Bank Branches. She graduated from McNeese State University with a Bachelor’s Degree in Finance. Currently, she is a Board Member and Past President of the Eunice Rotary Club and also serves on the Board of Directors for the Eunice Chamber of Commerce.

Robinson joined the JD Bank team in 2013 as part of the Management Trainee Program. She is a Consumer Lender and serves as AVP Branch Manager of our Big Lake Branch located at 4904 Big Lake Rd. in Lake Charles. With her promotion, Robinson will oversee the daily operations, as well as, serve as consumer lender for the Morganfield Branch located at 4989 E. McNeese St. A graduate of McNeese State University with a Bachelor’s Degree in Business Administration, she is an active member of the Kiwanis Club of Southwest Contraband and Zeta Phi Beta sorority. She is a graduate of the Louisiana Bankers Association Leadership School, Bankers School for Supervisory Training, and 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 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

Scary Finances?

Scary Finances?

Source: Forbes.com

Scary Finances Graphic JD Bank

Money can be a scary thing, that is, if you don’t have enough of it. If you’re in this fright zone, then there’s a lot you can do about it.

Here are some of the things that scare people the most involving money, according to the Secure Retirement Institute:

  1. 1 in 7 U.S. retirees (ages 65+) live in poverty.
  2. 44% of workers who aren’t saving for retirement say they cannot afford to.
  3. Over half (53%) of Americans don’t believe their savings and investments will last if they live to be 90 years old.
  4. 30% of retirees have mortgage debt—almost double from 1989.
  5. About 80% of older adults have at least one chronic disease, and 68% have at least two.
  6. Social Security is the primary source of income for retirees but the Social Security Trust Fund is expected to be depleted in 15 years.

It’s startling to see that nearly 80 million Americans would go so far as to say their finances have reached ‘horror show’ status, but it shouldn’t be too surprising. Financial literacy levels are also far too low. And more importantly, a lot of people are indeed struggling financially.

How do you avoid being scared out of your wits? You need to look at your own situation first. If you’re not saving, how can you save automatically through a bank account of 401(k) plan?

Then, look at your debts. If you’re racking up credit-card bills or payday loans, pay those off first. That’s the most expensive in terms of interest payments. At least mortgage debt is still partially deductible on your federal tax return.

Focus on healthcare coverage as well. Can you find a plan that covers more with less out-of-pocket exposure? Have you funded a Health Savings Account at work that will cover these items? It’s tax-free money, so it’s a great deal.

Yet another savings strategy is that you can wait until 70 to collect Social Security. That will maximize your benefit and allow you more time to save.

JD Bancshares, Inc. Reports Strong Q3 2021 Financial Results

PRESS RELEASE 
October 21, 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. Reports Strong Q3 2021 Financial Results

Jennings, LA., October 21, 2021 (ACCESSWIRE) – JD Bancshares, Inc. (the “Company”), (OTCQX: JDVB), the parent holding company of JD Bank (the “Bank”), reports its unaudited financial results for the three and nine-month periods ended September 30, 2021.

Net income is $3,539,845 or $1.03 per common share for the three-month period ended September 30, 2021 reflecting a 36.5% increase compared to $2,593,570 or $0.76 per share for the linked quarter ended June 30, 2021 and a 109.0% increase over the $1,693,921 or $0.49 per share for the prior year quarter ended September 30, 2020. Pre-tax, pre-provision operating income for the current quarter is $4,075,010 compared to $3,222,715 for the linked quarter and $2,637,056 for the comparative prior year quarter. Pre-tax, pre-provision operating income excludes taxes, provision for loan losses, gains or losses on the sale of other real estate owned, gains on the sale of investment securities and other non-operating revenues and expenses. The increase in current quarter pre-tax, pre-provision operating income is primarily due to an increase in interest income on loans as we recognized more origination fee income derived from the Small Business Administration (SBA) Paychecks Protection Program (PPP) and were able to redeploy funds received from PPP forgiveness into loans earning a current market rate of interest. Additionally, we enjoyed higher levels of non-interest income and continued to demonstrate non-interest expense control.

For the nine-month period ended September 30, 2021, net income was $8,059,912 or $2.35 per share compared to $4,900,630 or $1.43 per share for the prior year comparative period. Pre-tax, pre-provision operating earnings for the two comparative nine-month periods is $10,157,137 and $7,986,946, respectively.

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