JD Bank

507 Main Street
Jennings, LA 70546

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16546
Date Established 1947
Assets $0.86 billion
Loans $0.61 billion
Deposits $0.75 billion
Capital $0.10 billion
 

JD Bank is an FDIC insured institution located in Jennings, LA. It was founded in 1947 and has approximately $0.86 billion in assets. Customers can open an account at one of its 25 branches.

For a more detailed analysis of JD Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $2,500 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.05% $10,000 $49,999 Learn MoreShow Less
3 Mo CD
0.05% $100,000 - Learn MoreShow Less
6 Mo CD
0.35% $10,000 $49,999 Learn MoreShow Less
6 Mo CD
0.35% $100,000 - Learn MoreShow Less
1.15% $10,000 $49,999 Learn MoreShow Less
12 Mo CD
1.15% $100,000 - Learn MoreShow Less
1.75% $10,000 $49,999 Learn MoreShow Less
18 Mo CD
1.75% $100,000 - Learn MoreShow Less
1.85% $10,000 $49,999 Learn MoreShow Less
24 Mo CD
1.85% $100,000 - Learn MoreShow Less
2.00% $10,000 $49,999 Learn MoreShow Less
36 Mo CD
2.00% $100,000 - Learn MoreShow Less
2.50% $10,000 $49,999 Learn MoreShow Less
48 Mo CD
2.50% $100,000 - Learn MoreShow Less

Variable IRA Rates APY MIN MAX
Var IRA
0.55% $5 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 $9,999 Learn MoreShow Less
Checking Rates APY MIN FEE
ZydeCasH Checking 2.51% $0 $0.00 Learn MoreShow Less

Loan Rates - October 21, 2019

Your Current Location: Connecticut, CT 06828

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

JD Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


JD Bank Locations


Financial Details

JD Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of JD Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
JD Bank U.S. Bank Average
7.96% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2019, JD Bank had $8,105,000 in non-current loans and $312,000 in owned real estate. To cover these potential losses it had $99,257,000 in equity and $6,486,000 in loans loss reserves. That gives it a Texas Ratio of 7.96%.

Return on Equity
JD Bank U.S. Bank Average
10.18% 9.50%

JD Bank has a Return on Equity of 10.18% versus the BestCashCow average of 9.50%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
JD Bank U.S. Bank Average
11.53% 12.76%

JD Bank has a Capitalization of 11.53% versus the BestCashCow average of 12.76. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

JD Bank Balance Sheet Analysis

As of June 30, 2019, JD Bank had assets of $860,550,000, loans of $614,456,000, and deposits of $753,468,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.06 billion
Interest-bearing balances $0.03 billion
Total securities $0.13 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.61 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.03 billion
     Total Assets $0.76 billion
LIABILITIES
Total deposits $0.75 billion
      Interest-bearing deposits $0.49 billion
      Deposits held in domestic offices $0.75 billion
      % insured (estimated) 79.23%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.76 billion
      Shareholders’ Equity $0.10 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.02 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

The top three loan types in JD Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks in Louisiana, JD Bank has a significantly higher percent of Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 30.81
Multifamily
Mortgages
5.88
Credit Card Loans 0.00
Consumer Auto Loans 1.69
Small Business Loans 13.64
Construction and Development Loans 15.39
Commercial Real Estate 28.35
Commercial and Industrial Loans 12.18
Farm Loans 1.66

Frequently Asked Questions About Jd Bank

Branches and Savings

Is Jd Bank FDIC insured?

Yes. It is covered under FDIC Certificate #16546.

Why does Jd Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Jd Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Jd Bank a commercial bank?

Yes

Where are Jd Bank locations?

See branch locations nearby.

Is Jd Bank open on Saturdays?

Is Jd Bank open on Sundays?

What time does Jd Bank open?

What time does Jd Bank close?

Are Jd Bank ATMs Open 24/7?

Do Jd Bank ATMs accept cash deposits?

Can Jd Bank customers use other ATMs?

Do Jd Bank branches have notaries?

Will Jd Bank notarize my document?

What address for Jd Bank should I put for incoming ACH transfers?

Will the Jd Bank branch print checks?

Do Jd Bank checks expire?

Does Jd Bank require US citizenship to open account?

Can Jd Bank close my account?

Does Jd Bank Report to credit bureaus?

Does Jd Bank Use Equifax?

What is Jd Bank's ACH Routing Number?

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Products

Does Jd Bank offer mortgages?

Compare mortgage rates here.

Does Jd Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Jd Bank offer personal loans?

Compare personal loan rates here.

Does Jd Bank offer student loans?

Will Jd Bank cash a check?

Will Jd Bank redeem a savings bond?

Does Jd Bank cash savings bonds?

Will Jd Bank cash money orders?

Can Jd Bank issue a money order?

Does Jd Bank do currency exchange?

Background on The Bank

Who owns Jd Bank?

How long has Jd Bank been around?

Can Jd Bank transfer to other banks?

Does Jd Bank have quick pay?

Does Jd Bank accept rolled coins?

Will Jd Bank accept loose change?

Where is Jd Bank headquarters?

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