Fifth District Bancorp, Inc. filings document governance and material-event disclosures for the holding company of Fifth District Savings Bank. Proxy materials cover annual meeting business such as director elections, auditor ratification and the company’s equity incentive plan, while Form 8-K reports record stockholder vote results and executive leadership appointments.
The filing record also reflects the public-company framework around FDSB common stock, board oversight, compensatory arrangements, Regulation FD press releases and formal shareholder voting matters for the bank holding company.
Fifth District Bancorp, Inc. (FDSB) director Chris M. Rittiner reported open-market sales of 9,000 shares of Common Stock on August 24–25, 2026 at prices around $18.00–$18.39. The filing also shows a direct holding of stock options for 27,797 underlying shares at a $13.94 exercise price, and an indirect ownership of 25,000 shares held by his spouse. Certain holdings include restricted stock and options that vest at 20% per year commencing September 16, 2026.
Fifth District Bancorp Inc reported that AllianceBernstein L.P. filed an amended Schedule 13G indicating a significant institutional holding. As of June 30, 2026, AllianceBernstein beneficially owned 356,440 shares of Fifth District Bancorp common stock, representing 6.8% of the class, held for client discretionary investment advisory accounts.
AllianceBernstein has sole voting power and sole dispositive power over all 356,440 shares, with no shared voting or dispositive power reported. AllianceBernstein is a majority owned subsidiary of Equitable Holdings, Inc., but states it operates under independent management and reports beneficial ownership separately.
Fifth District Bancorp, Inc. reported modest balance sheet growth with a loan-driven shift in assets but sharply lower profitability for the three and six months ended June 30, 2026. Total assets were $532.1 million, little changed from $534.4 million at year-end 2025, while loans receivable rose to $394.3 million from $377.4 million, funded in part by a reduction in cash and cash equivalents to $19.2 million from $33.9 million.
Net interest income improved, reaching $3.7 million for the quarter and $7.3 million year-to-date, compared with $3.1 million and $6.1 million in 2025, as interest income increased and deposit interest expense declined. No provision for credit losses was recorded. However, non-interest income normalized after a one-time $3.5 million gain on insurance proceeds in 2025, resulting in net income of only $0.4 million for the quarter and $0.8 million year-to-date, versus $3.1 million and $3.2 million a year earlier. Earnings per share were $0.08 for the quarter and $0.16 year-to-date, down from $0.61 and $0.62.
Asset quality indicators remained stable: the allowance for credit losses stayed at $1.7 million, nonaccrual loans decreased to $343 thousand, and there were no charge-offs. The securities portfolio carried unrealized losses of $5.8 million, which management attributed to higher market interest rates, with no credit-related allowance recorded. Stockholders’ equity was steady at $129.0 million after $1.7 million of share repurchases.
Fifth District Bancorp, Inc. appointed Donna T. Guerra to its Board of Directors, effective June 8, 2026, to serve in the director class with terms expiring in 2027. Fifth District Savings Bank, the company’s banking subsidiary, also added her to its board.
Guerra, age 61, is a CPA and Chartered Global Management Accountant with experience at Canal Barge Company and previously at Hibernia Bancorp and Hibernia Bank, where she held senior roles including Chief Operating Officer and Chief Financial Officer. The board has not yet determined on which committees she will serve, and there was no arrangement or understanding with any other person for her selection.
Nolan Gregory P. reported acquisition or exercise transactions in this Form 4 filing.
Fifth District Bancorp, Inc. reported that SVP & General Counsel Gregory P. Nolan received a grant of 11,118 shares of common stock as a restricted stock award. The shares were granted at no cost and increase his direct holdings to 21,118 shares. These restricted shares vest in 20% increments each year beginning on June 8, 2027.
Fifth District Bancorp, Inc. reported the initial holdings of insider Nolan Gregory P. on a Form 3. He serves as SVP & General Counsel and is shown as directly owning 10,000 shares of the company’s Common Stock. The filing does not report any recent purchases, sales, or option exercises, only this beneficial ownership position.
Fifth District Bancorp, Inc. director Donna T. Guerra has filed an initial Form 3 reporting her ownership in the company. The filing lists her as a director and shows 0 shares of Common Stock held directly after the reporting date, with no derivative securities disclosed. This is a routine regulatory disclosure of starting ownership and does not report any share purchases or sales.
Fifth District Bancorp director Linda A. Sins reported a very small open‑market sale of 8 shares of Common Stock at $15.03 per share through an IRA. After this indirect sale, that IRA still holds 17,600 shares. She also holds 11,118 shares directly, including restricted stock that vests 20% per year starting on September 16, 2026, and 4,700 shares indirectly via her spouse’s IRA. In addition, she has stock options over 27,797 shares at a $13.94 exercise price, vesting 20% annually from September 16, 2026 until expiration on September 16, 2035.
Fifth District Bancorp, Inc. director Linda A. Sins reported selling a total of 2,692 shares of common stock on May 20, 2026, in coded “S” transactions at prices between $15.00 and $15.09 from IRA-related accounts.
After these trades, she indirectly holds 17,608 shares via an IRA and 4,700 shares via a spouse’s IRA, and directly holds 11,118 common shares plus stock options over 27,797 shares exercisable at $13.94 expiring September 16, 2035. The filing notes that holdings include restricted stock, and the stock options vest at 20% per year beginning September 16, 2026.