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Fifth District Savings Bank (FDSB) 10-Year Financial Performance & Capital Metrics

FDSB • • Banking & Credit
Financial ServicesRegional BanksCommunity & Regional Retail BankingSoutheast Community Banks
AboutFifth District Bancorp, Inc. operates as the bank holding company for Fifth District Savings Bank that provides various banking products and services primarily in New Orleans-Metairie Metropolitan Statistical Area. The company offers a range of deposit accounts, including checking accounts, money market accounts, and certificates of deposit. It also provides fixed-rate one- to four-family residential mortgage loans, as well as originates construction loans, home equity loans, home equity lines of credit, land loans, and share loans; and purchases commercial business loans. In addition, it offers electronic banking services, including mobile banking, on-line banking, telephone banking, bill pay, and electronic funds transfer via SmartPay. The company was founded in 1926 and is based in New Orleans, Louisiana.Show more
  • Net Interest Income $10M
  • Total Revenue $19M +10.9%
  • Net Income -$1M -235.3%
  • Return on Equity -1.06% -202.2%
  • Net Interest Margin 1.91% -8.8%
  • Efficiency Ratio 65.91% +10.2%
  • ROA -0.21% -228.1%
  • Equity / Assets 23.85% +47.4%
  • Book Value per Share 24.54 +75.4%
  • Tangible BV/Share 24.54 +75.4%
  • Debt/Equity -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Well capitalized: 23.9% equity/assets
  • ✓Share count reduced 7.8% through buybacks
  • ✓Trading near 52-week high
  • ✓Trading at only 0.6x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 1.3%
  • ✗Weak Piotroski F-Score: 3/9
  • ✗Weak NIM of 1.9%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y-
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM450.1%

EPS CAGR

10Y-
5Y-
3Y-
TTM467.71%

ROCE

10Y Avg1.37%
5Y Avg1.37%
3Y Avg1.37%
Latest-1.29%

Peer Comparison

Southeast Community Banks
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Momentum & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
FFINFirst Financial Bankshares, Inc.4.68B32.6520.9318.79%30.24%14.14%6.26%0.12
FHNFirst Horizon Corporation11.85B24.4417.974.71%15.7%9.58%10.33%0.50
AUBAtlantic Union Bankshares Corporation5.47B38.3617.1328.8%15.53%4.22%5.51%0.17
UCBUnited Community Banks, Inc.4.09B33.9116.6214.65%17.05%8.83%7.4%0.13
SNVSynovus Financial Corp.6.95B50.0516.521.16%14.09%13.7%11.01%0.35
PNFPPinnacle Financial Partners, Inc.14.67B97.6516.3815.32%16.65%9.1%5.5%0.39
CADECadence Bank8.27B44.4016.0332.37%18.03%9.08%9.39%0.01
ABCBAmeris Bancorp5.56B81.4115.699.75%21.97%9.91%2.53%0.11

Profit & Loss

Dec 2022Dec 2023Dec 2024
Net Interest Income+12.78M10.05M10.06M
NII Growth %--0.21%0%
Net Interest Margin %---
Interest Income14.4M16.41M19.28M
Interest Expense1.62M6.37M9.22M
Loan Loss Provision0-325K-1.21M
Non-Interest Income+952.05K973K11K
Non-Interest Income %---
Total Revenue+15.35M17.39M19.29M
Revenue Growth %-0.13%0.11%
Non-Interest Expense10.11M10.4M12.71M
Efficiency Ratio---
Operating Income+3.62M946K-1.44M
Operating Margin %---
Operating Income Growth %--0.74%-2.52%
Pretax Income+3.62M946K-1.44M
Pretax Margin %---
Income Tax+712.43K149K-358K
Effective Tax Rate %---
Net Income+2.91M797K-1.08M
Net Margin %---
Net Income Growth %--0.73%-2.35%
Net Income (Continuing)2.91M797K-1.08M
EPS (Diluted)+0.520.14-0.21
EPS Growth %--0.73%-2.5%
EPS (Basic)0.520.14-0.21
Diluted Shares Outstanding5.56M5.56M5.13M

Balance Sheet

Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K
Cash & Due from Banks20.28M19.31M37.92M
Short Term Investments1000K1000K0
Total Investments+426.7M432.94M460.32M
Investments Growth %-0.01%0.06%
Long-Term Investments350M365.04M460.32M
Accounts Receivables1000K1000K1000K
Goodwill & Intangibles+---
Goodwill000
Intangible Assets000
PP&E (Net)11.12M12.47M11.92M
Other Assets11.12M12.26M12.73M
Total Current Assets98.74M88.96M39.88M
Total Non-Current Assets374.68M391.83M487.42M
Total Assets+473.43M480.8M527.31M
Asset Growth %-0.02%0.1%
Return on Assets (ROA)0.01%0%-0%
Accounts Payable000
Total Debt+04M0
Net Debt-20.28M-15.31M-37.92M
Long-Term Debt000
Short-Term Debt04M0
Other Liabilities8.42M9M10.06M
Total Current Liabilities388.94M394M391.48M
Total Non-Current Liabilities8.42M9M10.06M
Total Liabilities397.36M403M401.53M
Total Equity+76.07M77.8M125.78M
Equity Growth %-0.02%0.62%
Equity / Assets (Capital Ratio)---
Return on Equity (ROE)0.04%0.01%-0.01%
Book Value per Share13.6813.9924.54
Tangible BV per Share---
Common Stock0056K
Additional Paid-in Capital0053.16M
Retained Earnings83.97M84.77M83.69M
Accumulated OCI-7.91M-6.97M-6.91M
Treasury Stock000
Preferred Stock000

Cash Flow

Dec 2022Dec 2023Dec 2024
Cash from Operations+3.97M796K-1.05M
Operating CF Growth %--0.8%-2.32%
Net Income2.91M797K-1.08M
Depreciation & Amortization532.93K548K694K
Deferred Taxes47.93K135K-400K
Other Non-Cash Items195.06K-351K-352K
Working Capital Changes284.66K-333K-164K
Cash from Investing+-25.86M-6.64M-27.48M
Purchase of Investments-15.56M-1M-54.35M
Sale/Maturity of Investments1000K1000K1000K
Net Investment Activity---
Acquisitions000
Other Investing-24.8M-14.44M-675K
Cash from Financing+18.35M5.11M47.15M
Dividends Paid000
Share Repurchases000
Stock Issued0048.75M
Net Stock Activity---
Debt Issuance (Net)01000K-1000K
Other Financing18.35M1.11M2.4M
Net Change in Cash+-3.54M-729K18.61M
Exchange Rate Effect000
Cash at Beginning23.57M20.04M19.31M
Cash at End20.04M19.31M37.92M
Interest Paid1.37M5.79M8.97M
Income Taxes Paid592K125K0
Free Cash Flow+2.9M-1.11M-1.56M
FCF Growth %--1.38%-0.41%

Banking Ratios

Metric202220232024
Return on Equity (ROE)3.83%1.04%-1.06%
Return on Assets (ROA)0.61%0.17%-0.21%
Net Interest Margin2.7%2.09%1.91%
Efficiency Ratio65.87%59.82%65.91%
Equity / Assets16.07%16.18%23.85%
Book Value / Share13.6813.9924.54
NII Growth--21.39%0.07%

Revenue by Segment

2024
ATM and Check Card Fees402K
ATM and Check Card Fees Growth-
Insufficient Funds Fees164K
Insufficient Funds Fees Growth-
Deposit Service and Account Maintenance Fees53K
Deposit Service and Account Maintenance Fees Growth-

Frequently Asked Questions

Growth & Financials

Fifth District Savings Bank (FDSB) grew revenue by 10.9% over the past year. This is steady growth.

Yes, Fifth District Savings Bank (FDSB) is profitable, generating $3.7M in net income for fiscal year 2024 (-5.6% net margin).

Dividend & Returns

Fifth District Savings Bank (FDSB) has a return on equity (ROE) of -1.1%. Negative ROE indicates the company is unprofitable.

Industry Metrics

Fifth District Savings Bank (FDSB) has a net interest margin (NIM) of 1.9%. NIM has been under pressure due to interest rate environment.

Fifth District Savings Bank (FDSB) has an efficiency ratio of 65.9%. This is higher than peers, suggesting room for cost optimization.

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