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Heritage NOLA Bancorp HRGG · USD

Financials · US listing · 🇺🇸 United States

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About Heritage NOLA Bancorp

Its shares trade under the ticker HRGG. It has been listed since 11 July 2017. In the fiscal year to 31 December 2025, it reported net income of $479,000. At that date it held total assets of $179.3m and shareholders' equity of $21.0m.

Heritage NOLA Bancorp, Inc. is a holding company for Heritage Bank of St. Tammany, which engages in the provision of financial services. The company is headquartered in Covington, Louisiana. The company went IPO on 2017-07-11. The Company, through its subsidiary, Heritage Bank of St. Tammany (the Bank), provides banking services. The Bank operates as a community bank providing various financial services through its four branches, two in Covington, and one each in Slidell and Madisonville, Louisiana. The Bank’s primary lending products are single-family residential loans and commercial real estate loans. Its primary deposit products are demand and savings accounts, and certificates of deposit. The Bank's business consists primarily of taking deposits from the public and investing those deposits, together with funds generated from operations, in residential real estate loans, including non-owner-occupied properties and home equity lines of credit, and commercial real estate. The company also originates land, construction, and multifamily loans, as well as consumer loans and commercial business loans.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Financials
Industry
Banks
Listed since
11 Jul 2017
Employees
26

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Covington, Louisiana with four branches in the local area.
  • Provides community banking services with a focus on residential and commercial real estate loans.
  • Operates with 26 full-time employees as a community bank.

Weaknesses

  • Limited to four branches within a specific geographic area.
  • Reliance on a single subsidiary, Heritage Bank of St. Tammany.
  • Dependent on traditional banking products like residential and commercial real estate loans.

Opportunities

  • Expansion into new markets beyond Covington and surrounding areas.
  • Diversification of loan products to include more consumer and business loans.
  • Potential growth through increased digital banking services.

Threats

  • Competition from larger regional and national banks.
  • Economic downturns affecting real estate markets and loan demand.
  • Regulatory changes impacting community banking operations.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
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