The bank has successfully strengthened its capital base, with the equity-to-assets ratio improving from 0.16 in 2024Q1 to 0.24 by 2026Q1, reflecting a transition toward a more traditional stock-based capital structure.
| Cash & Short Term Investments | 168.83M | 4.99M | 37.92M | 87.21M | 96.97M |
| Cash & Due from Banks | 23.31M | 4.99M | 37.92M | 19.31M | 20.28M |
| Short Term Investments | 0 | 0 | 0 | 67.9M | 76.69M |
| Total Investments | 487.17M | 414.97M | 460.32M | 432.94M | 426.7M |
| Investments Growth % | 28.79% | -9.85% | 6.32% | 1.46% | - |
| Long-Term Investments | 1.86B | 414.97M | 460.32M | 365.04M | 350M |
| Accounts Receivables | 1.8M | 2M | 1.62M | 1.59M | 1.59M |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 11.77M | 11.64M | 11.92M | 12.47M | 11.12M |
| Other Assets | 9.86M | 99.08M | 12.73M | 12.26M | 11.12M |
| Total Current Assets | 25.11M | 6.99M | 39.88M | 88.96M | 98.74M |
| Total Non-Current Assets | 510.58M | 527.4M | 487.42M | 391.83M | 374.68M |
| Total Assets | 535.69M | 534.39M | 527.31M | 480.8M | 473.43M |
| Asset Growth % | 9.82% | 1.34% | 9.67% | 1.56% | - |
| Return on Assets (ROA) | 0.82% | 0.77% | -0.21% | 0.17% | 0.61% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 0 | 0 | 0 | 4M | 0 |
| Net Debt | -23.31M | -4.99M | -37.92M | -15.31M | -20.28M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 | 4M | 0 |
| Other Liabilities | 11.15M | 11.47M | 10.06M | 9M | 8.42M |
| Total Current Liabilities | 395.23M | 393.16M | 391.48M | 394M | 388.94M |
| Total Non-Current Liabilities | 11.15M | 11.47M | 10.06M | 9M | 8.42M |
| Total Liabilities | 406.38M | 404.64M | 401.53M | 403M | 397.36M |
| Total Equity | 129.31M | 129.76M | 125.78M | 77.8M | 76.07M |
| Equity Growth % | 75.2% | 3.17% | 61.67% | 2.27% | - |
| Equity / Assets (Capital Ratio) | 24.14% | 24.28% | 23.85% | 16.18% | 16.07% |
| Return on Equity (ROE) | 3.37% | 3.2% | -1.06% | 1.04% | 3.83% |
| Book Value per Share | 25.13 | 25.22 | 24.54 | 13.99 | 13.68 |
| Tangible BV per Share | 25.13 | 25.22 | 24.54 | 13.99 | 13.68 |
| Common Stock | 53K | 54K | 56K | 0 | 0 |
| Additional Paid-in Capital | 50.76M | 51.2M | 53.16M | 0 | 0 |
| Retained Earnings | 87.03M | 86.94M | 83.69M | 84.77M | 83.97M |
| Accumulated OCI | -4.59M | -4.43M | -6.91M | -6.97M | -7.91M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 |
Geographic and Concentration Risk
According to recent financial filings, FDSB's total assets have expanded from $480.8 million in 2023Q4 to $535.7 million in 2026Q1, a trend primarily fueled by the accumulation of investment securities rather than organic loan growth, which warrants careful monitoring of the bank's long-term asset sensitivity.
The bank's asset expansion appears heavily reliant on the securities portfolio, which reached $487.2 million by 2026Q1. This strategy suggests a cautious approach to credit risk, yet it leaves the institution vulnerable to duration mismatches if interest rates remain elevated for an extended period.
Based on reported figures, the equity-to-assets ratio improved from 0.16 in 2024Q1 to 0.24 by 2026Q1, indicating a strengthening capital base that likely follows a successful transition from a mutual-rooted structure to a more traditional stock-based capital framework for the institution.
The increase in the equity-to-assets ratio suggests that management is prioritizing balance sheet resilience over aggressive leverage. Investors should monitor whether this capital buffer is eventually deployed for strategic growth or if it remains underutilized, potentially suppressing long-term return on equity.
As reported in quarterly statements, FDSB maintains a significant portion of its balance sheet in investment securities, with holdings peaking at $580.4 million in 2025Q2, which serves as the primary liquidity mechanism for the bank in the absence of a diversified loan-to-deposit funding strategy.
The high concentration of assets in securities suggests that the bank relies on the marketability of its investment portfolio to manage liquidity needs. This reliance may expose the bank to unrealized losses in the held-to-maturity portfolio, which could impact the economic value of equity during periods of market volatility.
Data from recent filings indicates that FDSB's operations are almost entirely concentrated within the New Orleans-Metairie MSA, creating a significant risk profile where the bank's balance sheet is highly sensitive to localized economic shocks or environmental events that could impair its residential mortgage collateral.
The lack of geographic diversification implies that the bank's credit quality is inextricably linked to the health of a single regional housing market. This concentration warrants further investigation into the bank's stress-testing protocols, as a localized downturn could disproportionately impact the entire loan book simultaneously.
Quick answers to the most common questions about buying FDSB stock.
As of 2025, Fifth District Savings Bank (FDSB) had total assets of $534.4M including $7.0M in current assets.
Fifth District Savings Bank (FDSB) carries total debt of $0.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Fifth District Savings Bank (FDSB) has total shareholders' equity (book value) of $129.8M ($25.22 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Fifth District Savings Bank (FDSB) reported a current ratio of 0.02x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.