Heritage NOLA Bancorp, Inc.

Heritage NOLA Bancorp, Inc.

HRGG
Heritage NOLA Bancorp, Inc.US flagOther OTC
19.15
USD
- -
- -
29.21MMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
TTM
Revenue per Share
2.08
2.5
2.75
3.03
3.15
Basic EPS, GAAP
0.1
0.36
0.27
0.24
0.25
Free Cash Flow per Basic Share
- -
0.23
-0.63
0.08
-1.48
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
5.7
6.55
6.76
7.21
7.35
Tangible Book Value per Share
-0.2
15.61
15.66
15.53
15.73
Basic Weighted Avg Shares
2
2
2
1
1
Sales/Revenue/Turnover
3
4
4
5
5
Operating Margin (%)
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
Net Income, GAAP
- -
1
- -
- -
- -
Effective Tax Rate (%)
41.04
32.72
19.46
18.58
16.51
Profit Margin (%)
4.59
14.36
9.87
7.84
7.84
Working Capital
- -
- -
- -
- -
- -
LT Debt
13
14
17
18
19
Total Equity
- -
24
24
23
23
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
5.65
4.1
3.35
3.42

Capital Structure

FRC

in mil. unless spec.
Sep'19
Dec'19
Mar'20
ST Debt
- -
- -
- -
LT Borrowings
16
18
19
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
2
Market Capitalization
19
19
15

Working Capital

FRC

in mil. unless spec.
Sep'19
Dec'19
Mar'20
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
18
18
18
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-3.87%
Free Cash Flow
- -
- -
-111.8%
Net Income, GAAP
- -
- -
-15.07%
Sales/Revenue/Turnover
- -
- -
6.92%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2018
1
1
1
1
4
2019
1
1
1
1
5
2020
1
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2018
0.08
0.08
0.05
- -
0.27
2019
0.04
0.03
0.06
- -
0.24
2020
0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2018
- -
- -
- -
- -
- -
2019
- -
- -
- -
- -
- -
2020
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
William David Crumhorn
Full Time Employees
26
Sector
Financial Services
Industry
Banks - Regional
Address
205 North Columbia Street Covington LA United States of America 70433
IPO Date
Jul 13, 2017
Business
Heritage NOLA Bancorp, Inc. Heritage NOLA Bancorp, Inc. (HRGG) serves as the holding company for Heritage Bank of St. Tammany, a community bank providing retail and commercial banking services in Louisiana; deposit products include non-interest-bearing and interest-bearing demand accounts, savings accounts, money market accounts, individual retirement accounts, and certificates of deposit; loan products encompass one-to-four-family residential real estate loans, multi-family real estate loans, commercial real estate loans, construction and land loans, commercial and business loans, home equity lines of credit, and consumer loans; additional services comprise credit and debit cards, safe deposit boxes, merchant services, ATM access, online banking, and mobile banking. Heritage Bank of St. Tammany, founded in 1924 as St. Tammany Homestead Association and headquartered in Covington, Louisiana, operates two full-service branches in Covington and Slidell, targeting individual consumers, small businesses, and local commercial clients in the Greater New Orleans metropolitan area. Incorporated in Maryland in February 2017 to facilitate the bank's mutual-to-stock conversion completed in July 2017, the company entered into a definitive purchase and assumption agreement in July 2025 with OnPath Federal Credit Union, under which OnPath will acquire substantially all assets and assume substantially all liabilities of Heritage Bank for $26 million in cash plus reimbursements up to $3 million, with the transaction pending regulatory approvals, shareholder approval, and expected to close in Q2 2026 followed by shareholder distributions in Q4 2026.

Company News

APIChat
  • HERITAGE NOLA BANCORP, INC. ANNOUNCES COMPLETION OF PURCHASE AND ASSUMPTION TRANSACTION BETWEEN HERITAGE BANK OF ST.

  • Heritage NOLA Bancorp, Inc. Announces Application Status and Shareholder Approval for Proposed Merger With M C Bancshares, Inc.