Fifth District Bancorp (FDSB) investor relations material

Executive summary

• Net income for Q3 2025 was $343,000, up from a loss of $788,000 in Q3 2024, driven by higher interest income and lower non-interest expense.

• For the nine months ended September 30, 2025, net income was $3.5 million, compared to a loss of $1.2 million in the prior year period.

• Total assets increased 2.3% to $539.5 million since year-end 2024, with growth in loans and investment securities.

Financial highlights

• Interest and dividend income rose 9.6% year-over-year in Q3 2025, with loan yields increasing to 4.49%.

• Net interest income grew 16.0% to $3.3 million in Q3 2025, with net interest margin up to 2.61%.

• Noninterest income for the nine months was $4.2 million, up from a loss of $231,000, mainly due to a $3.5 million gain on bank owned life insurance proceeds.

• Noninterest expense decreased 26% in Q3 2025 due to lower charitable contributions and audit costs.

• Allowance for credit losses on loans was 0.45% of total loans at September 30, 2025.

Outlook and guidance

• Management expects to maintain strong liquidity and capital positions, with sufficient funds to meet current commitments.

• Interest rate risk remains a focus, with strategies in place to manage net interest income and economic value of equity under various rate scenarios.