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Overview / Commentary
337-824-3424
507 Main Street
Jennings, LA 70546

JD Bank is headquartered in Jennings and is the 18st largest bank in the state of Louisiana. It is also the 922nd largest bank in the nation. It was established in 1947 and as of December of 2013, it had grown to 265 employees at 20 locations. JD Bank's savings rates are 2X the national average, and it has a A health rating.

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 JD Bank had $3.04 million in non-current loans and owned real-estate with $72.84 million in equity and loan loss allowances on hand to cover it. This gives JD Bank a Texas Ratio of 4.18% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for JD Bank decreased dramatically from 6.31% as of December 31, 2012 to 4.18% as of December 31, 2013, resulting in a positive change of 33.75%.This indicates that the balance sheet and financial strength for JD Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, JD Bank has increased its total deposits by $141.87 million, resulting in 27.67% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth JD Bank has shown is excellent.

Capitalization

GRADE:
B

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. JD Bank has $730.24 million in assets with $72.84 million in equity, resulting in a capitalization level of 9.98%, which is above average.

Institution Statistics

Overall
FDIC Certificate #16546
Year Established1947
Employees265
Primary RegulatorFDIC
Assets and Liabilities
Assets$730.24 million
Loans$402.98 million
Deposits$654.54 million
Equity Capital$67.89 million
Loan Loss Allowance$4.95 million
Unbacked Noncurrent Loans$3.00 million
Real Estate Owned$49,000
Historic Data - December 2012
Assets$568.80 million
Equity Capital$46.85 million
Loan Loss Allowance$4.63 million
Unbacked Noncurrent Loans$3.00 million
Real Estate Owned$351,000
Profit Margin - Quarterly
Net Interest Margin4.32%
Return on Assets0.93%
Return on Equity10.1%
Interest Income$29.57 million
Rates
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JD Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.25%-$15kKasasa Saver
0.10%--Kasasa Saver

JD Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
3.25%-$10kKasasa Cash
0.10%--Kasasa Cash
Locations

JD Bank has 18 locations. Click to view all JD Bank locations.