Fifth District Bancorp Business Summary

Fifth District Bancorp, Inc. (FDSB) operates as the bank holding company for Fifth District Savings Bank, a community-oriented financial institution primarily serving the New Orleans-Metairie metropolitan area. The company’s revenue model is centered on net interest income, generated by the spread between interest earned on a loan portfolio—predominantly composed of one-to-four family residential mortgage loans—and interest paid on retail deposits, including certificates of deposit and money market accounts. Operating through a single banking segment, FDSB also provides home equity lines of credit, construction loans, and consumer lending, while generating non-interest income through service charges and electronic banking fees. Within the small-cap regional banking sector, FDSB competes with peer institutions such as Catalyst Bancorp, Inc., ECB Bancorp, Inc., and Parke Bancorp, Inc. The company distinguishes itself through its high capital levels and a conservative, relationship-based lending strategy that targets local residential borrowers rather than the broader commercial markets pursued by larger regional competitors. The executive leadership is headed by President and Chief Executive Officer Amie L. Lyons, who was appointed to the permanent role in February 2026 after serving as interim CEO since June 2025. Lyons is a 30-year veteran of the institution, providing deep institutional knowledge and continuity following the tenure of the late Brian North. She is supported by Vice President and Chief Financial Officer Melissa C. Burns, who manages the firm’s fiscal strategy and regulatory compliance, and Vice President of Lending Dodie F. Gervais, who oversees the core mortgage and credit operations. The Board of Directors, chaired by David C. Nolan, consists of local business leaders including H. Greg Abry and Nolan P. Lambert, maintaining a governance structure focused on community-centric growth. While the bank was originally founded in 1926, its current corporate structure follows a 2024 mutual-to-stock conversion, which transitioned the institution into a publicly traded entity backed by a mix of institutional small-cap investors and local retail shareholders.