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Heritage NOLA Bancorp

OTCPK:HRGG
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HRGG
OTCPK
$14M
Market Cap
  1. Home
  2. US
  3. Banks
Company description

Heritage NOLA Bancorp, Inc. operates as a savings and loan holding company for Heritage Bank of St. The last earnings update was 13 days ago. More info.


Add to Portfolio Compare Print
  • Heritage NOLA Bancorp has significant price volatility in the past 3 months.
HRGG Share Price and Events
7 Day Returns
1.5%
OTCPK:HRGG
-4.5%
US Mortgage
2.4%
US Market
1 Year Returns
-20.2%
OTCPK:HRGG
-32%
US Mortgage
-10%
US Market
HRGG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Heritage NOLA Bancorp (HRGG) 1.5% -13.1% -24.1% -20.2% - -
US Mortgage -4.5% -30.7% -37.7% -32% -30.1% -16%
US Market 2.4% -11% -19.4% -10% 9.6% 21.1%
1 Year Return vs Industry and Market
  • HRGG outperformed the Mortgage industry which returned -32% over the past year.
  • HRGG underperformed the Market in United States of America which returned -10% over the past year.
Price Volatility
HRGG
Industry
5yr Volatility vs Market

Value

 Is Heritage NOLA Bancorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Heritage NOLA Bancorp. This is due to cash flow or dividend data being unavailable. The share price is $10.25.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Heritage NOLA Bancorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Heritage NOLA Bancorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:HRGG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.24
OTCPK:HRGG Share Price ** OTCPK (2020-04-07) in USD $10.25
United States of America Mortgage Industry PE Ratio Median Figure of 121 Publicly-Listed Mortgage Companies 10.37x
United States of America Market PE Ratio Median Figure of 2,948 Publicly-Listed Companies 12.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Heritage NOLA Bancorp.

OTCPK:HRGG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:HRGG Share Price ÷ EPS (both in USD)

= 10.25 ÷ 0.24

43.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Heritage NOLA Bancorp is overvalued based on earnings compared to the US Mortgage industry average.
  • Heritage NOLA Bancorp is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Heritage NOLA Bancorp's expected growth come at a high price?
Raw Data
OTCPK:HRGG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 43.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Mortgage Industry PEG Ratio Median Figure of 46 Publicly-Listed Mortgage Companies -0.35x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Heritage NOLA Bancorp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Heritage NOLA Bancorp's assets?
Raw Data
OTCPK:HRGG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $16.25
OTCPK:HRGG Share Price * OTCPK (2020-04-07) in USD $10.25
United States of America Mortgage Industry PB Ratio Median Figure of 133 Publicly-Listed Mortgage Companies 0.77x
United States of America Market PB Ratio Median Figure of 5,162 Publicly-Listed Companies 1.26x
OTCPK:HRGG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:HRGG Share Price ÷ Book Value per Share (both in USD)

= 10.25 ÷ 16.25

0.63x

* Primary Listing of Heritage NOLA Bancorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Heritage NOLA Bancorp is good value based on assets compared to the US Mortgage industry average.
X
Value checks
We assess Heritage NOLA Bancorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. Heritage NOLA Bancorp has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Heritage NOLA Bancorp expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Heritage NOLA Bancorp has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.1%
Expected Mortgage industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Heritage NOLA Bancorp expected to grow at an attractive rate?
  • Unable to compare Heritage NOLA Bancorp's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Heritage NOLA Bancorp's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Heritage NOLA Bancorp's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:HRGG Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 1.1%
United States of America Mortgage Industry Revenue Growth Rate Market Cap Weighted Average 0.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:HRGG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:HRGG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 5 1 0
2019-09-30 4 1 0
2019-06-30 4 0 0
2019-03-31 4 1 0
2018-12-31 4 0 0
2018-09-30 4 1 0
2018-06-30 4 2 1
2018-03-31 4 1 1
2017-12-31 4 1 1
2017-09-30 4 0 0
2017-06-30 3 0 0
2017-03-31 3 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Heritage NOLA Bancorp is high growth as no earnings estimate data is available.
  • Unable to determine if Heritage NOLA Bancorp is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:HRGG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Heritage NOLA Bancorp Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:HRGG Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.24
2019-09-30 0.18
2019-06-30 0.18
2019-03-31 0.23
2018-12-31 0.27
2018-09-30 0.32
2018-06-30 0.38
2018-03-31 0.37
2017-12-31 0.36
2017-09-30 0.19
2017-06-30 0.14
2017-03-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Heritage NOLA Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Heritage NOLA Bancorp's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Heritage NOLA Bancorp's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Heritage NOLA Bancorp's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Heritage NOLA Bancorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Heritage NOLA Bancorp has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Heritage NOLA Bancorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Heritage NOLA Bancorp's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Heritage NOLA Bancorp's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Heritage NOLA Bancorp's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Heritage NOLA Bancorp's 1-year earnings growth is negative, it can't be compared to the US Mortgage industry average.
Earnings and Revenue History
Heritage NOLA Bancorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Heritage NOLA Bancorp Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:HRGG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 4.52 0.36 3.56
2019-09-30 4.41 0.29 3.54
2019-06-30 4.33 0.28 3.48
2019-03-31 4.29 0.35 3.36
2018-12-31 4.23 0.42 3.21
2018-09-30 4.09 0.49 3.02
2018-06-30 3.98 0.56 2.82
2018-03-31 3.85 0.57 2.69
2017-12-31 3.74 0.55 2.59
2017-09-30 3.51 0.30 2.51
2017-06-30 3.40 0.24 2.43
2017-03-31 3.33 0.19 2.35
2016-12-31 3.26 0.16 2.33
2015-12-31 3.12 0.28 2.24

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Heritage NOLA Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Heritage NOLA Bancorp used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.
  • Unable to establish if Heritage NOLA Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Heritage NOLA Bancorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Heritage NOLA Bancorp has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Heritage NOLA Bancorp's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Heritage NOLA Bancorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Heritage NOLA Bancorp Company Filings, last reported 3 months ago.

OTCPK:HRGG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 23.18 18.04 12.23
2019-09-30 23.10 16.33 10.85
2019-06-30 23.87 18.96 8.81
2019-03-31 24.03 17.14 11.21
2018-12-31 24.12 16.82 8.00
2018-09-30 24.43 12.75 7.78
2018-06-30 24.35 13.31 8.15
2018-03-31 24.24 13.46 9.89
2017-12-31 24.17 14.06 7.62
2017-09-30 23.95 12.57 8.53
2017-06-30 9.69 17.72 20.54
2017-03-31 9.57 19.52 8.00
2016-12-31 9.46 13.27 8.01
2015-12-31 9.33 12.66 8.57
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Heritage NOLA Bancorp has an acceptable proportion of non-loan assets held.
  • Heritage NOLA Bancorp's liabilities are made up of primarily low risk sources of funding.
  • Loans at Heritage NOLA Bancorp are broadly funded by customer deposits.
  • Heritage NOLA Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Heritage NOLA Bancorp has a low allowance for bad loans.
  • Heritage NOLA Bancorp has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Heritage NOLA Bancorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Heritage NOLA Bancorp has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Heritage NOLA Bancorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Heritage NOLA Bancorp dividends.
If you bought $2,000 of Heritage NOLA Bancorp shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Heritage NOLA Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Heritage NOLA Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:HRGG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 88 Stocks 4.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Heritage NOLA Bancorp has not reported any payouts.
  • Unable to verify if Heritage NOLA Bancorp's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Heritage NOLA Bancorp's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Heritage NOLA Bancorp has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Heritage NOLA Bancorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Heritage NOLA Bancorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Heritage NOLA Bancorp has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Heritage NOLA Bancorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
William Crumhorn
COMPENSATION $592,745
AGE 66
TENURE AS CEO 3.3 years
CEO Bio

Mr. William David Crumhorn has been Chief Executive Officer and President of Heritage NOLA Bancorp, Inc. ("Company") and its subsidiary Heritage Bank of St. Tammany ("Bank") since 1994. Mr. Crumhorn has been employed with Bank since 1992 and has over 40 years of experience in the banking profession. His experience provides the Board with a perspective on the day-to-day operations of Heritage Bank and assists the Board in assessing the trends and developments in the financial institutions industry on a local and national basis. Mr. Crumhorn has extensive ties to the communities that support business generation. He has been Chairman of Bank since 2013 and serves as its Director. He serves as Chairman of Habitat For Humanity St. Tammany West. Mr. Crumhorn has been a Director of Company and Bank since 1993. He has served on the Board of Directors of the Louisiana Savings and Loan League and the Louisiana Bankers Association.

CEO Compensation
  • William's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.
  • William's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Heritage NOLA Bancorp management team in years:

10.3
Average Tenure
57
Average Age
  • The average tenure for the Heritage NOLA Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

William Crumhorn

TITLE
Chairman
COMPENSATION
$593K
AGE
66
TENURE
3.3 yrs

Lisa Hughes

TITLE
Senior VP & CFO
COMPENSATION
$295K
AGE
57
TENURE
10.3 yrs

Dana Whitaker

TITLE
Executive VP
COMPENSATION
$335K
AGE
49
TENURE
11.3 yrs
Board of Directors Tenure

Average tenure and age of the Heritage NOLA Bancorp board of directors in years:

3.3
Average Tenure
62
Average Age
  • The tenure for the Heritage NOLA Bancorp board of directors is about average.
Board of Directors

William Crumhorn

TITLE
Chairman
COMPENSATION
$593K
AGE
66
TENURE
3.3 yrs

Tom Ballantine

TITLE
Independent Director
COMPENSATION
$87K
AGE
74
TENURE
3.3 yrs

Lizby Eustis

TITLE
Independent Director
COMPENSATION
$86K
AGE
60
TENURE
3.3 yrs

Jason Hunt

TITLE
Independent Director
COMPENSATION
$86K
AGE
43
TENURE
3.3 yrs

Sam Caruso

TITLE
Independent Director
COMPENSATION
$86K
AGE
51
TENURE
3.3 yrs

Rod Rodrigue

TITLE
Independent Director
COMPENSATION
$87K
AGE
64
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Heritage NOLA Bancorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Heritage NOLA Bancorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Heritage NOLA Bancorp, Inc. operates as a savings and loan holding company for Heritage Bank of St. Tammany that provides various financial services. The company’s deposit accounts include noninterest-bearing and interest-bearing demand deposit accounts, savings accounts, and NOW accounts, as well as certificates of deposit. Its loan portfolio comprises one- to four-family residential real estate loans, including non-owner-occupied properties and home equity lines of credit; commercial real estate loans; land, construction, and multifamily loans; consumer loans; and purchase commercial business loans. The company provides its services through three branches in Slidell, Covington, and Madisonville, Louisiana. Heritage NOLA Bancorp, Inc. was founded in 1924 and is based in Covington, Louisiana.

Details
Name: Heritage NOLA Bancorp, Inc.
HRGG
Exchange: OTCPK
Founded: 1924
$14,491,747
1,413,829
Website: http://www.heritagebank.org
Address: Heritage NOLA Bancorp, Inc.
205 North Columbia Street,
Covington,
Louisiana, 70433,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK HRGG Common Stock Pink Sheets LLC US USD 13. Jul 2017
Number of employees
Current staff
Staff numbers
26
Heritage NOLA Bancorp employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 01:31
End of day share price update: 2020/04/07 00:00
Last earnings filing: 2020/03/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.