Welcome to our dedicated page for Jd Bancshares news (Ticker: JDVB), a resource for investors and traders seeking the latest updates and insights on Jd Bancshares stock.
JD Bancshares, Inc. (JDVB), parent company of Louisiana's JD Bank, provides essential hub for tracking official announcements and strategic developments. This resource aggregates press releases, regulatory filings, and operational updates from the community-focused financial institution serving southern Louisiana since 1947.
Investors and stakeholders will find timely updates on commercial lending initiatives, deposit product enhancements, and community development programs. The curated collection includes earnings disclosures, leadership announcements, and service expansions, offering insights into the bank's financial health and market strategy.
Regular updates cover key operational areas including risk management practices, digital banking upgrades, and local economic partnerships. Users can monitor the institution's progress through verified information sources while maintaining awareness of industry trends affecting regional banking.
Bookmark this page for streamlined access to JDVB's financial communications and institutional updates. Check back frequently for authoritative reporting on one of Louisiana's established community banking organizations.
JD Bancshares (OTCQX:JDVB) reported Q1 2025 financial results with net income of $2.93 million ($0.85 per share), compared to $3.25 million ($0.95) in Q4 2024 and $3.65 million ($1.07) in Q1 2024. The decrease was primarily due to lower non-interest income and higher non-interest expenses.
Key metrics include:
- Net interest income remained stable at $10.8 million across comparative quarters
- Total assets were $1.2 billion, declining $9.8 million during Q1
- Loans increased by $6.9 million in Q1 2025
- Total deposits grew by $37.5 million to $1.1 billion
- Return on average assets (ROA) was 1.00% compared to 1.08% in Q4 2024
- Tangible book value per share improved to $24.11 from $22.89 in Q4 2024
JD Bancshares (OTCQX:JDVB) has declared a cash dividend of $0.30 per share, as announced by Board Chairman Dan L. Donald, Jr. The dividend will be paid on May 9, 2025, to shareholders of record on May 2, 2025.
The company determines dividend payments quarterly, based on earnings, financial condition, capital requirements, and other factors. JD Bank, the company's Louisiana state-chartered bank subsidiary, has been operating since 1947 and provides personal and commercial banking services through 21 full-service branches and two loan and deposit production offices along the I-10 and I-12 corridors from Lake Charles to Mandeville, Louisiana.
JD Bancshares (OTCQX:JDVB) reported Q4 2024 net income of $3.19 million ($0.93 per share), compared to $3.71 million in Q3 2024 and a net loss of $2.21 million in Q4 2023. For the full year 2024, net income reached $13.58 million ($3.96 per share), up from $6.58 million in 2023.
The bank's net interest income for Q4 2024 was $10.8 million, down from $11.4 million in Q3 2024. The net interest margin decreased to 3.83% from 4.04% in the previous quarter. Asset quality improved with nonperforming assets declining to $7.6 million from $12.1 million year-over-year. The loan-to-deposit ratio increased to 70.7% from 66.7% at year-end 2023.
Total assets remained stable at $1.2 billion, while stockholders' equity increased by $8.1 million to $82.5 million. Tangible book value per share improved to $22.89 from $20.52 year-over-year.
JD Bancshares, Inc. (OTCQX:JDVB) has declared a cash dividend of $0.29 per share, as announced by Board Chairman Dan L. Donald, Jr. The dividend will be paid on February 7, 2025, to shareholders of record on January 31, 2025.
The company, which operates through its subsidiary JD Bank, determines dividend payments quarterly based on earnings, financial condition, capital requirements, and other factors. JD Bank, established in 1947, is a Louisiana state-chartered bank headquartered in Jennings, offering personal and commercial lending, deposit products, trust, and investment services. The bank operates 21 full-service branches and two loan and deposit production offices along the I-10 and I-12 corridors from Lake Charles to Mandeville, Louisiana.
JD Bancshares (OTCQX:JDVB) reported Q3 2024 net income of $3.7 million ($1.08 per share), up from $3.0 million in Q2 2024 and $3.5 million in Q3 2023. The company's net interest margin expanded to 4.04% despite higher interest rates. Year-to-date net income reached $10.4 million ($3.03 per share), compared to $8.8 million in the same period last year. Asset quality improved with nonperforming assets declining to $7.4 million from $12.1 million at year-end 2023. The loan-to-deposit ratio increased from 66.7% to 72.1%, while total assets remained stable at $1.2 billion.
JD Bancshares, Inc. (OTCQX:JDVB) has announced a cash dividend of $0.29 per share, payable on November 8, 2024, to shareholders of record on November 1, 2024. The decision was made during the Board of Directors' regular meeting on October 22, 2024. Future dividend payments will be determined quarterly based on earnings, financial condition, capital requirements, and other factors. JD Bancshares is the holding company of JD Bank, operating 21 full-service branches and two loan and deposit production offices across south Louisiana, from Lake Charles to Mandeville.
JD Bancshares, Inc. (OTCQX:JDVB) announced key leadership changes effective October 1, 2024. Paul E. Brummett, II will become President of the Company and CEO of JD Bank, succeeding Bruce W. Elder. James A. "Jimmy" LeBlanc has been promoted to President/Chief Banking Officer of JD Bank, while Jared Doucet will assume the role of CFO for both the Company and JD Bank.
These appointments align with the Board's succession plans. Brummett brings 32 years of community banking experience, all with JD Bank. LeBlanc has 34 years in banking, focusing on commercial lending. Doucet, a CPA, has 23 years of accounting and investments experience.
JD Bank, founded in 1947, operates 22 full-service branches and two loan and deposit production offices across south Louisiana, offering personal and commercial banking services.
JD Bancshares, Inc. (OTCQX:JDVB) and JD Bank announced the resignation of Bruce W. Elder as President and CEO, effective September 30, 2024. Elder, who has led the company since November 19, 2019, is stepping down for personal family reasons. He will remain in his role through September to ensure a smooth transition and will also resign from his position as a director.
The company will follow its Board-approved succession plan to determine Elder's replacement. JD Bank, headquartered in Jennings, Louisiana, has been serving south Louisiana since 1947. It operates through 22 full-service branch offices and two loan and deposit production offices, offering personal and commercial banking services, as well as trust and investment services.
JD Bancshares, Inc. (OTCQX:JDVB) reported its Q2 2024 financial results. Net income for Q2 2024 was $3,028,833 or $0.88 per share, compared to $3,652,396 or $1.07 per share in Q1 2024 and $3,216,519 or $0.94 per share in Q2 2023. Pre-tax, pre-provision operating income (PTPPOI) for Q2 2024 was $3,951,414, up from $3,709,245 in Q1 2024 but down from $4,373,181 in Q2 2023. For the first half of 2024, net income was $6,681,230 or $1.95 per share, up from $5,301,748 or $1.55 per share in the same period of 2023. The company saw improvements in asset quality and a slight increase in deposits between March and June 2024, the first quarterly increase since Q2 2021. The net interest margin remained stable at 3.90% in both Q1 and Q2 2024.
JD Bancshares, Inc. (OTCQX:JDVB) has declared a cash dividend of $0.29 per share, payable on August 9, 2024, to shareholders of record on August 2, 2024. The decision was made during the Board of Directors' meeting on July 23, 2024. Future dividends will be determined quarterly based on earnings, financial condition, capital requirements, and other factors.
JD Bancshares is the holding company of JD Bank, a state-chartered bank headquartered in Jennings, Louisiana. The bank has been serving south Louisiana since 1947, offering personal and commercial banking products through physical and digital channels. JD Bank operates 22 full-service branches and two Loan Production/Deposit Production offices along the Interstate 10/12 corridor from Lake Charles to Mandeville, Louisiana.