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, Inc. (OTCQX: JDVB) reported its financial results for Q4 and the full year of 2021. For Q4 2021, net income was $2.98 million ($0.87 per share), down from $3.54 million ($1.03 per share) in Q3 2021 but up from $2.30 million ($0.67 per share) in Q4 2020. Total net income for 2021 was $11.02 million, marking a 52.9% increase year-over-year. Key highlights include a 5.8% year-over-year growth in non-PPP loans, net interest income of $35.7 million, and a robust liquidity position following the issuance of $30 million in new subordinated debt.
JD Bancshares, Inc. (OTCQX:JDVB) has declared a cash dividend of $0.25 per share, scheduled for payment on February 4, 2022. Shareholders of record as of January 29, 2022 will receive this dividend. Future dividends will be assessed quarterly based on factors including earnings and financial condition. JD Bancshares is the holding company for JD Bank, serving southwest Louisiana since 1947 with a range of banking services. The company is listed on the OTCQX Best Market, adhering to high financial and governance standards.
JD Bancshares, Inc. (OTCQX:JDVB) has successfully closed a $30 million private placement of fixed-to-floating rate subordinated notes. The capital will be used to redeem $17.5 million of existing debt at 6.75% and for general corporate needs, including potential share repurchases. The notes, with a maturity date of December 15, 2031, offer a fixed interest rate of 3.75% for the first five years. This financial maneuver is expected to enhance the company's growth strategies without diluting current shareholder equity.
JD Bancshares, Inc. (OTCQX: JDVB) reported a strong financial performance for Q3 2021, with net income reaching $3.54 million or $1.03 per share, marking a 36.5% increase from the previous quarter and a 109% increase year-over-year. For the nine-month period, net income climbed to $8.06 million. The increase was largely driven by higher interest income from the SBA Paycheck Protection Program and effective expense management. Asset quality remains stable with minimal loans past due. The company’s total assets increased to $1.3 billion as of September 30, 2021.
JD Bancshares, Inc. (OTCQX:JDVB) has declared a cash dividend of $0.25 per share, set for payment on November 5, 2021. Shareholders of record as of October 29, 2021 will be eligible. The Board made this decision during its meeting on October 19, 2021, with future dividends contingent on quarterly assessments of earnings and financial health. JD Bancshares is the holding company for JD Bank, which has served southwest Louisiana since 1947 with diverse banking services.
JD Bancshares, Inc. (OTCQX: JDVB), the holding company for JD Bank, participated in the Raymond James 2021 U.S. Bank Conference on September 9, 2021. CEO Bruce W. Elder and CFO Paul E. Brummett, II, engaged with institutional investors during this virtual event. The company's investor presentation is available on their website. JD Bank has been operating in southwest Louisiana since 1947, offering personal and commercial banking services through 23 branches. The firm is listed on the OTCQX Best Market, indicating adherence to high financial standards.
JD Bancshares, Inc. (OTCQX:JDVB) reported strong financial results for Q2 2021, with a net income of $2,593,570, or $1.51 per share, showing increases of 35% quarter-over-quarter and 57% year-over-year. For the six-month period, net income rose 41% to $4,513,549. Operating income for Q2 reached $3,222,715, reflecting a 13% increase. Total assets grew by 6% to $1.4 billion, while non-PPP loan demand improved, increasing by $25 million. However, net interest margin contracted to 2.85% due to high liquidity and low yields on assets.
JD Bancshares, Inc. (OTCQX:JDVB) announced a 2-for-1 stock split at its board meeting on July 20, 2021, effective as a 100% stock dividend. Shareholders will receive an additional share for every share held as of the record date, with distribution on August 20, 2021. Additionally, a cash dividend of $0.45 per share will be paid on August 6, 2021, to shareholders of record as of July 30, 2021.
CEO Bruce Elder expressed optimism about enhancing market liquidity and future investor engagement.
JD Bancshares, Inc. (OTCQX: JDVB) reported Q1 2021 net income of $1.92 million or $1.12 per share, down from $2.30 million or $1.34 per share in Q4 2020. The decrease was influenced by non-recurring items but showed a 14% rise in pre-tax, pre-provision operating income at $2.85 million. Total deposits increased 6.2% to $1.24 billion, supported by government stimulus and PPP loans. However, stockholders' equity fell $4.6 million due to rising interest rates impacting unrealized gains.
JD Bancshares, Inc. (OTCQX:JDVB) announced a cash dividend of $0.45 per share, payable on May 7, 2021, to shareholders of record as of April 30, 2021. The Board made this decision during a meeting on April 20, 2021. Future dividends will be evaluated quarterly based on earnings and financial condition. JD Bancshares is the holding company for JD Bank, which offers various personal and commercial financial products across southwest Louisiana.
