JD Bancshares, Inc. Reports Financial Results for Q3 2026
Key Highlights
- ➤Q3 net income $3.67M, or $1.07 per share, versus $3.78M last year
- ➤Q3 PTPPI $4.85M, up 19.8% from the linked quarter
- ➤Nine-month net income $9.97M, or $2.91 per share, versus $9.63M
- ➤Q3 net interest margin expanded 11 basis points to 4.25%
- ➤Total nonperforming assets declined to $5.1M from $6.8M at year-end 2025
Expert Statements
Paul Brummett, II, CEO of JD Bancshares, Inc.
“Operating performance remained solid, with ROA of 1.16% and an eleven-basis-point NIM expansion to 4.25% for the quarter. While the interest rate view remains uncertain due to geopolitical pressure and uncertainty regarding inflation and higher costs for consumers, our balance sheet is positioned well for a ‘higher for longer' interest rate environment. We continue to execute our organic expansion plans. In August 2026 we closed on the purchase of a location in Slidell that we expect to open in the fourth quarter of 2026. We have begun renovations to our Mandeville location which will open in the first or second quarter of 2027. We are in the final stages of planning for our third Lafayette location on Settlers Trace Blvd. which we expect to open in late 2027. As we enter the final quarter of 2026, we are excited with these expansion efforts that will allow us to provide banking services to our existing and prospective customers.”
JENNINGS, LA / ACCESS Newswire / October 22, 2026 / 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, 2026.
Net income is $3,673,220 or $1.07 per share for the three-month period ended September 30, 2026, compared to $3,329,725 or $0.97 per share for the linked quarter ended June 30, 2026, and $3,777,235 or $1.10 per share for the three-month period ended September 30, 2025. Pre-tax, pre-provision operating income (PTPPI) for the current quarter is $4,850,443, reflecting an increase of $802,820 compared to $4,047,623 for the linked quarter and an increase of $576,258 compared to $4,274,185 in the prior year quarter. PTPPI excludes taxes, provision for loan losses, losses on the sale of other real estate owned (OREO), losses on the sale of investment securities, and other non-operating expenses. The increase in PTPPI between the current, linked and prior year quarters is primarily due to higher levels of net interest income and non-interest income and is partially offset by higher non-interest expenses.
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