Jeff Davis Bancshares

What Jeff Davis Bancshares does

Jeff Davis Bancshares, Inc. (legal entity), operating as JD Bank, is a Louisiana state-chartered community bank founded in 1947 and headquartered at 1611 Elton Road, Jennings, Louisiana. The company is the holding company for JD Bank, which is publicly traded on the OTCQX market under ticker JDVB and has a distributed public ownership structure with no identified private equity or venture capital parent. JD Bank serves individual consumers, small businesses, commercial enterprises, mortgage customers, and agricultural operations across Louisiana, with branches centered on Jennings and an expanding presence in Baton Rouge.

The bank offers a comprehensive product set organized into personal banking (JD Signature Checking, ZydeCash, JD Classic Checking, money market, savings, CDs, IRAs, HSAs, credit cards, and consumer/mortgage/vehicle loans), business banking (JD Small Business Checking, commercial checking variants including IOLTA for attorneys, business lending, agricultural loans, ACH origination, business bill pay, merchant services, positive pay, and cash management), and fee-based services (JD Prime Investments for investment and advisory products, and trust services). The underlying technology stack is a conventional digital-banking platform: native iOS and Android mobile apps, an online banking portal with bill payment, e-statements, and account transfers, mobile remote deposit capture, Zelle peer-to-peer payments, mobile wallet support (Apple Pay, Google Pay), and a Notifi alert system. Third-party integrations include Bill Matrix, Zelle, and the Apple/Google app stores. API capabilities are not exposed externally.

The business model is a traditional community bank model that generates revenue primarily through net interest income (interest earned on personal, mortgage, commercial, and agricultural loan portfolios net of interest paid on deposits), supplemented by non-interest income from deposit service charges, digital banking fees, and investment-product commissions through JD Prime Investments. The go-to-market is a direct-to-consumer, direct-to-SMB, and direct-to-commercial motion executed through a physical Louisiana branch network supplemented by digital channels, with marketing centered on the jdbank.com website, Facebook and Instagram, video resources, customer testimonials, and investor-relations communications. The company is led by Paul E. Brummett, II (President of JD Bancshares, Inc. and CEO of JD Bank) and is currently undergoing a Chairman succession announced in 2026.

Name

Jeff Davis Bancshares

Legal name

JD Bancshares, Inc.

Website

https://jdbank.com

Company type

Public

Founded year

1947

Operating status

Operating

Headcount range

101–250 employees

Short description

Jeff Davis Bancshares, Inc. (dba JD Bank) is a Louisiana community bank founded in 1947, publicly traded on OTCQX as JDVB, providing personal, business, commercial, mortgage, and agricultural banking products to consumers and small businesses across Louisiana.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Offices of Bank Holding Companies (551111), Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industry

Account & Balance Services (Operating accounts, statements, eBAM) (FSABAIAD)

Keywords

• Community banking services
• Commercial lending products
• Agricultural loan financing
• Retail deposit accounts
• Small business cash management

Headquarters

HQ city

Jennings

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Net Interest Income: Interest income generated from loan portfolio including personal loans, mortgages, commercial loans, and agricultural loans, offset by interest paid on deposits. Core revenue driver for community bank.
2. Non-Interest Income - Service Charges: Fee income from deposit account services including overdraft fees, ATM fees, wire transfer fees, and other service charges.
3. Digital Banking Services: Revenue from online banking, mobile banking, and electronic services including bill payment and money transfer services.
4. Investment Products: Revenues from investment and insurance products offered through JD Prime Investments partnerships.
5. Commercial Banking Services: Cash management, merchant services, and commercial lending services for business customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

JD Bank provides personal and business banking services through deposit accounts (checking, savings, CDs, IRAs, HSAs), consumer and commercial lending (mortgages, vehicle loans, agricultural loans, business loans), cash management, merchant services, and trust and investment products. The bank also offers digital banking channels including online banking, mobile apps, mobile deposit, Zelle, and alert services, supported by a Louisiana branch network.

Product overview

JD Bank operates as a traditional community bank serving Louisiana through a comprehensive suite of personal, business, and commercial banking products. The bank offers an extensive portfolio organized into personal banking (checking accounts including JD Signature, ZydeCash, and Classic varieties; savings accounts and CDs; credit cards; and consumer loans), business banking (Small Business Checking, Commercial Checking, Agricultural Loans, ACH Origination, Merchant Services, and Cash Management Services), and specialized services (Mortgages, Investment Services through JD Prime Investments, Trust Services, Mobile Banking, and Online Banking). Key products include ZydeCash high-yield checking/savings bundles, JD Signature Checking with loan discounts, Mobile Deposit and Remote Deposit Capture for remote check processing, Positive Pay for fraud prevention, and Zelle for peer-to-peer payments. The bank also provides IOLTA accounts for attorneys and agricultural lending for farming operations, targeting both individual consumers and businesses throughout Louisiana.

Differentiator

Problem solved

Functional benefit

Brands

• JD Prime Investments: Investment and financial advisory services offered through the bank
• ZydeCash
• JDVB

Products and services

• Personal Checking Accounts (JD Signature, JD Classic, ZydeCash)
• JD Money Market Account Money market deposit account offering competitive interest rates on higher balances with limited check-writing privileges.
• Personal Savings Accounts (JD Classic Savings, JD Signature Savings, ZydeCash Savings, Christmas Club) Personal savings products for retail customers, including JD Classic Savings, JD Signature Savings, ZydeCash Savings, and the Christmas Club account designed for holiday expenses with automatic savings features.
• Certificate of Deposit (CD) Fixed-rate term deposit providing guaranteed returns over specified short- to long-term periods.
• Health Savings Account (HSA) Tax-advantaged savings account for individuals with high-deductible health plans to save for qualified medical expenses.
• Individual Retirement Account (IRA) Tax-advantaged retirement savings accounts including Traditional and Roth IRA options, plus a Fixed Rate IRA, with various contribution limits.
• Personal Credit Cards Personal credit cards with various rewards, rates, and benefit programs for retail consumers.
• Mortgage Lending Home lending products including purchase mortgages, refinancing options, and home equity loans, with local decision-making by the JD Bank mortgage team.
• Home Equity Line of Credit (HELOC) Revolving line of credit secured by accumulated home equity for flexible borrowing.
• Vehicle Loans Financing for automobiles, boats, recreational vehicles, and other vehicles at competitive rates.
• Consumer Loans Personal loans for various purposes including debt consolidation, home improvements, and major purchases.
• Mobile Home Loans Financing for manufactured and mobile homes with flexible terms.
• 100% Lot Loan Land financing allowing 100% loan-to-value for purchasing residential or investment property lots.
• JD Small Business Checking Checking account designed for small businesses with low volume of monthly transactions and a simplified fee structure.
• JD Analysis Commercial Checking Commercial checking account with analysis features, monthly reporting, and account reconciliation services for businesses.
• JD Interest Commercial Checking
• JD IOLTA Checking Account Interest on Lawyers Trust Accounts for legal professionals to hold client funds, with interest remitted to the Louisiana Bar Foundation.
• JD Bank Agricultural Loans Specialized lending products for agricultural operations, farms, and rural properties throughout Louisiana.
• Business Lending Comprehensive commercial lending including term loans, working capital lines, and equipment financing for businesses.
• Business Credit Card Credit cards designed for business spending with expense management and reporting features.
• Cash Management Services Treasury management solutions including liquidity management, fraud protection, ACH origination, business bill pay, online wires, and automated workflows for business clients.
• JD Merchant Services Payment processing solutions enabling merchants to accept credit, debit, and electronic payments in person and online.
• Positive Pay Fraud prevention service matching issued checks and ACH transactions against presented items to detect discrepancies for business customers.
• Mobile Banking App and Online Banking Services Mobile and online banking platforms providing account access, fund transfers, bill payment, e-statements, mobile deposit, Card Alerts, Notifi notifications, and Transfer Now for personal and business customers.
• Zelle Person-to-Person Payments Built-in peer-to-peer payment service for transferring money directly between bank accounts, available to online banking users.
• JD Prime Investments
• Trust Services Trust and estate planning services administered by trust professionals for wealth preservation and distribution.

Quantifiable outcome

• Deposits covered by FDIC insurance
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Scale indicators4 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Red River Bancshares: Alexandria, Louisiana-based bank holding company operating Red River Bank, a community bank with personal and commercial banking focus across Louisiana. Highly comparable in scale (similar employee count, OTC Markets listing), product mix (checking, lending, treasury management), and Louisiana-only geographic footprint, making it the closest peer to JD Bancshares.
• MidSouth Bancorp: Louisiana community bank (a division of First Horizon following 2022 acquisition) historically operated as JD Bancshares' most direct same-state peer for community banking, commercial lending, and energy-sector exposure in Louisiana/Texas markets.
• Investar Holding Corporation: Baton Rouge-based Louisiana community bank holding company (NASDAQ: ISTR) operating Investar Bank. Direct overlap on geography, personal/business banking, mortgage, and small-business focus; larger than JD Bank but competes head-to-head in Louisiana markets including Baton Rouge where JD Bank is expanding.
• Business First Bancshares: Baton Rouge, Louisiana-based bank holding company (NASDAQ: BFST) operating b1BANK with personal and commercial banking focused on Louisiana. Direct competitor in Baton Rouge market where JD Bank is expanding; similar scale and product mix including treasury management and small business lending.
• First Guaranty Bancshares: Hammond, Louisiana-based community bank holding company (NYSE: FGBI) with personal and commercial banking across Louisiana. Comparable public community bank structure, multi-branch Louisiana footprint, and mix of consumer, commercial, and mortgage lending.
• Home Bancorp (Home Bank): Lafayette, Louisiana-based community bank (formerly Home Bancorp) operating across Acadiana and broader Louisiana. Strong direct overlap on Louisiana community banking, consumer and commercial lending, and similar size profile to JD Bancshares.

Broad incumbents

• Hancock Whitney Corporation: Large regional bank holding company (NASDAQ: HWC) headquartered in Gulfport, Mississippi with substantial Louisiana retail and commercial banking presence. Operates in JD Bank's same geographies at substantially larger scale; competes for many of the same commercial, ag, and small-business relationships from a different point on the size/efficiency curve.

Regional players

• South Louisiana Community Bank: Small community bank operating in south Louisiana with similar size and personal/commercial banking focus to JD Bank, providing a comp for the rural Louisiana community banking model with geographic overlap in Cajun country markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/myJDBank
• Instagraminstagram.com/my_jdbank
• Xx.com/myjdbank

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jeff Davis Bancshares