Fifth District Bancorp, Inc.

Fifth District Bancorp, Inc. is a registered savings and loan holding company that conducts its operations primarily through its wholly owned subsidiary, Fifth District Savings Bank. The company was incorporated in February 2024 and became the holding company for Fifth District Savings Bank on July 31, 2024, following the bank's conversion from a mutual to a stock organization. During this conversion, the company sold 5,459,473 shares of common stock at $10.00 per share and issued 100,000 shares to The Fifth District Community Foundation, Inc. As of December 31, 2025, Fifth District Bancorp had total assets of $534.4 million, loans of $376.4 million, deposits of $393.2 million, and stockholders' equity of $129.8 million. Fifth District Savings Bank is a federally-chartered savings bank with its main office in New Orleans, Louisiana. It operates from this main office and six branch offices located in the Parishes of Jefferson, Orleans, and St. Tammany. The bank's loan portfolio primarily consists of fixed-rate one-to four-family residential mortgage loans. To a lesser extent, it also originates construction loans (residential and commercial), home equity loans, home equity lines of credit, land loans, commercial real estate loans, commercial and industrial loans, and share loans (loans secured by deposit accounts at Fifth District). The bank also purchases consumer and commercial business loans and typically retains the loans it originates in its portfolio. Fifth District Savings Bank offers various deposit accounts, including checking accounts, money market accounts, and certificates of deposit.