PRESS RELEASE

June 22, 2020

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

JD BANCSHARES RANKED IN TOP 200 PUBLICLY TRADED COMMUNITY BANKS BY AMERICAN BANKER MAGAZINE

Jennings, La.- JD Bancshares, Inc. (the “Company”), (OTCQX: JDVB), the parent holding company of JD Bank, is pleased to announce that it has been named to American Banker magazine’s Top 200 Publicly Traded Community Banks. The ranking is based on three-year average return on equity through December 31, 2019. The Company began trading March 16, 2020, on OTCQX under the symbol “JDVB.”

“It is an honor to be recognized on this prestigious list of community banks,” said Bruce W. Elder, JD Bank President and CEO. “Our talented team makes our success possible and this recognition provides evidence that our values, service and products are creating value for our stockholders.”

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 21
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.

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.

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