JD Bancshares, Inc. Reports Financial Results for Quarter Ended March 31, 2026

Jennings, La., April 23, 2026 (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, 2026.

Net income for the three-month period ended March 31, 2026 is $2,966,937 or $0.87 per share compared to a net income of $3,330,945 or $0.97 for the linked quarter ended December 31, 2025 and $2,925,651 or $0.85 per share for the prior year quarter ended March 31, 2025. Pre-tax, pre-provision operating income (PTPPOI) for the current quarter is $4,245,847 compared to $4,480,598 for the linked quarter and $3,612,441 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 5.10% increase in non-interest expense and a 4.0% decrease in non-interest income. Compared to the prior year quarter, the increase is due primarily to higher net interest income and non-interest income, partially offset by higher non-interest expenses. 

Paul E. Brummett, II, CEO, commented, “We are pleased with the first quarter results. While loan and deposits remained relatively flat, the net interest margin improved, and net interest income increased for the quarter. We are excited about our momentum and look forward to the opportunities for the remainder of 2026. We remain eager and well positioned to serve our customers and communities.”

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About JD Bancshares, Inc.

JD Bancshares, Inc. is the bank holding company of JD Bank, a Louisiana 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 one loan and deposit production office located along the I-10 and I-12 corridors from Lake Charles to Mandeville, Louisiana. Additional information is available on its
website at jdbank.com.

JD Bancshares, Inc. (OTCQX: JDVB) trades on the OTCQX Best Market. Companies on the OTCQX Best Market meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. Investors can find current financial disclosure and real-time level 2 quotes for the Company on otcmarkets.com. www.otcmarkets.com\