Fifth District Bancorp, Inc. (FDSB)
Fifth District Savings Bank, the primary financial institution under Fifth District Bancorp, Inc., delivers a comprehensive range of banking products and services, primarily serving the New Orleans-Metairie Metropolitan Statistical Area. The institution offers a diverse suite of deposit products, including conventional checking accounts, higher-yield money market accounts, and certificates of deposit (CDs). Its lending activities encompass fixed-rate residential mortgage loans for one-to-four family homes, along with originating construction, home equity, and land loans. The bank also facilitates home equity lines of credit (HELOCs) and share loans, and selectively acquires commercial business loans. To complement its traditional offerings, the bank provides a robust array of electronic banking solutions. These include convenient mobile and online banking platforms, telephone banking services, bill payment capabilities, and secure electronic funds transfers facilitated by SmartPay. Established in 1926, Fifth District Savings Bank maintains its headquarters in New Orleans, Louisiana.
Sector: Savings Institution, Federally Chartered
Industry: Banks - Regional
Fifth District Savings Bank
No splits on record
Nothing in FDSB's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Revenue | $26.49M | $19.29M | $17.39M | $15.35M |
| YoY Growth | 37.3% | 10.9% | 13.3% | - |
| Cost of Revenue | $9.22M | $8.01M | $6.04M | $1.62M |
| Gross Profit | $17.27M | $11.28M | $11.35M | $13.73M |
| Gross Margin | 65.2% | 58.5% | 65.3% | 89.5% |
| Research and Development | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $8.23M | $7.32M | $6.79M | $6.72M |
| Other | $4.86M | $5.39M | $3.62M | $3.4M |
| Total Operating Expenses | $13.08M | $12.71M | $10.4M | $10.11M |
| Operating Income (EBIT) | $4.18M | -$1.44M | $946K | $3.62M |
| Operating Margin | 15.8% | -7.4% | 5.4% | 23.6% |
| Interest Expense | $9.21M | $9.22M | $6.37M | $1.62M |
| Interest Income | $22.06M | $19.28M | $16.41M | $14.4M |
| Other Income (Expense) | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $4.18M | -$1.44M | $946K | $3.62M |
| Income Tax Expense | $97K | -$358K | $149K | $712K |
| Net Income | $4.09M | -$1.08M | $797K | $2.91M |
| Net Income Margin | 15.4% | -5.6% | 4.6% | 19.0% |
| Supplementary Data | ||||
| EPS | 0.79 | -0.21 | 0.14 | 0.52 |
| Diluted EPS | 0.80 | -0.21 | 0.14 | 0.52 |
| Weighted Average OS | 5.14M | 5.13M | 5.56M | 5.56M |
| EBITDA | $4.86M | -$742K | $1.49M | $4.16M |
| EBITDA Margin | 18.3% | -3.8% | 8.6% | 27.1% |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Assets | ||||
| Current Assets | ||||
| Cash and Cash Equivalents | $4.99M | $37.92M | $19.31M | $20.28M |
| Short-Term Investments | $0 | $0 | $67.9M | $76.69M |
| Cash and Short-Term Investments | $4.99M | $37.92M | $87.21M | $96.97M |
| Accounts Receivable | $2M | $1.97M | $1.76M | $1.77M |
| Inventory | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 |
| Total Current Assets | $6.99M | $39.88M | $88.96M | $98.74M |
| Long-Term Assets | ||||
| Property, Plant & Equipment Net | $11.64M | $11.92M | $12.47M | $11.12M |
| Goodwill | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 |
| Long-Term Investments | $414.97M | $460.32M | $365.04M | $350M |
| Deferred Tax Assets | $1.72M | $2.45M | $2.06M | $2.44M |
| Other Long-Term Assets | $99.08M | $12.73M | $12.26M | $11.12M |
| Total Long-Term Assets | $527.4M | $487.42M | $391.83M | $374.68M |
| Other Assets | $0 | $0 | $0 | $0 |
| Total Assets | $534.39M | $527.31M | $480.8M | $473.43M |
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts Payable | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $4M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $393.16M | $391.48M | $390M | $388.94M |
| Total Current Liabilities | $393.16M | $391.48M | $394M | $388.94M |
| Long-Term Liabilities | ||||
| Long-Term Debt | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $11.47M | $10.06M | $9M | $8.42M |
| Total Long-Term Liabilities | $11.47M | $10.06M | $9M | $8.42M |
| Other Liabilities | $0 | $0 | $0 | $0 |
| Total Liabilities | $404.64M | $401.53M | $403M | $397.36M |
| Stockholders' Equity | ||||
| Preferred Stock | $0 | $0 | $0 | $0 |
| Common Stock | $54K | $56K | $0 | $0 |
| Retained Earnings | $86.94M | $83.69M | $84.77M | $83.97M |
| Comprehensive Income & Other | -$4.43M | -$6.91M | -$6.97M | -$7.91M |
| Other Stockholders' Equity | $42.76M | $42.03M | -$6.97M | -$7.91M |
| Total Equity | $129.76M | $125.78M | $77.8M | $76.07M |
| Minority Interest | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $534.39M | $527.31M | $480.8M | $473.43M |
| Supplementary Data | ||||
| Total Debt | $0 | $0 | $4M | $0 |
| Net Debt | -$4.99M | -$37.92M | -$15.31M | -$20.28M |
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Operating Activities | ||||
| Net Income | $4.09M | -$1.08M | $797K | $2.91M |
| Depreciation & Amortization | $671K | $694K | $548K | $533K |
| Deferred Income Tax | $65K | -$400K | $135K | $48K |
| Stock-Based Compensation | $355K | $246K | $0 | $0 |
| Changes in Working Capital: | ||||
| Accounts Receivable | -$32K | -$210K | $12K | -$174K |
| Inventory | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 |
| Other Working Capital | -$92K | $46K | -$345K | $459K |
| Total Working Capital Change | -$124K | -$164K | -$333K | $285K |
| Other Non-Cash Items | -$3.73M | -$352K | -$351K | $195K |
| Net Cash from Operating | $1.33M | -$1.05M | $796K | $3.97M |
| Investing Activities | ||||
| Capital Expenditures | -$384K | -$510K | -$1.91M | -$1.07M |
| Acquisitions | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$18.3M | -$54.35M | -$1M | -$15.56M |
| Sales of Investments | $15.88M | $28.05M | $10.7M | $15.57M |
| Other Investing Activities | -$2.22M | -$675K | -$14.44M | -$24.8M |
| Net Cash from Investing | -$5.03M | -$27.48M | -$6.64M | -$25.86M |
| Financing Activities | ||||
| Debt Repaid | - | $4M | -$4M | - |
| Common Stock Issuance | $0 | $48.75M | $0 | $0 |
| Common Stock Repurchases | -$2.94M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Financing Activities | $898K | $2.4M | $1.11M | $18.35M |
| Net Cash from Financing | -$360K | $47.15M | $5.11M | $18.35M |
| Forex Effect | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$4.06M | $18.61M | -$729K | -$3.54M |
| Supplementary Data | ||||
| Operating Cash Flow | $1.33M | -$1.05M | $796K | $3.97M |
| Capital Expenditure | -$384K | -$510K | -$1.91M | -$1.07M |
| Free Cash Flow | $942K | -$1.56M | -$1.11M | $2.9M |
| Cash at Beginning | $37.92M | $19.31M | $20.04M | $23.57M |
| Cash at End | $33.85M | $37.92M | $19.31M | $20.04M |