Heritage NOLA Bancorp Inc
Heritage NOLA Bancorp, Inc. operates as a holding company for Heritage Bank of St. Tammany that provides various financial services in Louisiana. Its deposit accounts include non-interest-bearing and interest-bearing demand, savings, individual retirement, and certificates of deposit. The company's loan portfolio comprises one- to four-family real estate; multi-family real estate; commercial real… Read more
Heritage NOLA Bancorp Inc (HRGG) - Total Assets
Latest total assets as of September 2025: $185.45 Million USD
Based on the latest financial reports, Heritage NOLA Bancorp Inc (HRGG) holds total assets worth $185.45 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Heritage NOLA Bancorp Inc - Total Assets Trend (2015–2024)
This chart illustrates how Heritage NOLA Bancorp Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Heritage NOLA Bancorp Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Heritage NOLA Bancorp Inc's total assets of $185.45 Million consist of 5.5% current assets and 94.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.4% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $796.00K | 0.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Heritage NOLA Bancorp Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Heritage NOLA Bancorp Inc's current assets represent 5.5% of total assets in 2024, a decrease from 10.0% in 2015.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2024, down from 8.9% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is intangible assets at 0.4% of total assets.
Heritage NOLA Bancorp Inc Competitors by Total Assets
Key competitors of Heritage NOLA Bancorp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Heritage NOLA Bancorp Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Heritage NOLA Bancorp Inc generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Heritage NOLA Bancorp Inc is currently not profitable relative to its asset base.
Heritage NOLA Bancorp Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.30 | 0.46 | 0.21 |
| Quick Ratio | 0.30 | 0.46 | 0.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-11.81 Million | $ -8.20 Million | $ -72.36 Million |
Heritage NOLA Bancorp Inc - Advanced Valuation Insights
This section examines the relationship between Heritage NOLA Bancorp Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.10 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 4.2% |
| Total Assets | $181.75 Million |
| Market Capitalization | $13.17 Million USD |
Valuation Analysis
Below Book Valuation: The market values Heritage NOLA Bancorp Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Heritage NOLA Bancorp Inc's assets grew by 4.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Heritage NOLA Bancorp Inc (2015–2024)
The table below shows the annual total assets of Heritage NOLA Bancorp Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $181.75 Million | +4.20% |
| 2023-12-31 | $174.42 Million | -3.07% |
| 2022-12-31 | $179.93 Million | +16.86% |
| 2021-12-31 | $153.98 Million | +8.59% |
| 2020-12-31 | $141.80 Million | +7.89% |
| 2019-12-31 | $131.43 Million | +10.06% |
| 2018-12-31 | $119.42 Million | +8.61% |
| 2017-12-31 | $109.96 Million | +12.19% |
| 2016-12-31 | $98.02 Million | +1.61% |
| 2015-12-31 | $96.46 Million | -- |