Heritage NOLA Bancorp (HRGG) 10-K 29 Mar 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Mar. 26, 2019	Jun. 29, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	Heritage NOLA Bancorp, Inc.
Entity Central Index Key	0001700175
Trading Symbol	hrgg
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding		1,656,036
Entity Public Float			$ 17.4
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Document Fiscal Year Focus	2018
Document Fiscal Period Focus	FY
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and Due from Banks	$ 529	$ 398
Interest Earning Deposits in Banks	3,886	3,640
Total Cash and Cash Equivalents	4,415	4,038
Interest Earning Time Deposits in Banks	3,586	3,586
Securities Available for Sale, at Fair Value	4,221	5,523
Securities Held to Maturity	518	651
Mortgage Loans Held for Sale	580
Loans Receivable, Net of Unearned Income	97,721	88,791
Allowance for Loan Losses	(768)	(756)
Total Loans, Net	97,533	88,035
Premises and Equipment	5,137	4,109
Federal Home Loan Bank Stock	802	784
Bank Owned Life Insurance	2,102	2,051
Foreclosed Real Estate		84
Prepaid Expenses and Other Assets	1,107	1,098
Total Assets	119,421	109,959
LIABILITIES AND EQUITY
Interest Bearing Deposits	72,953	67,728
Noninterest Bearing Deposits	4,344	2,874
Total Deposits	77,297	70,602
Borrowed Funds	16,822	14,064
Advances from Borrowers for Taxes and Insurance	282	264
Accrued Expenses and Other Liabilities	903	858
Total Liabilities	95,304	85,788
Shareholders' Equity
Preferred Stock, $0.01 Par Value, 1,000,000 Shares Authorized, None Issued
Common Stock, $0.01 Par Value, 9,000,000 Shares Authorized, 1,674,036 Shares Issued and Outstanding on December 31, 2018	17	17
Additional Paid-in Capital	14,953	15,440
Unallocated common stock held by:
Employee Stock Ownership Plan (ESOP)	(1,217)	(1,270)
Retained Earnings	10,395	9,977
Accumulated Other Comprehensive Income (Loss)	(31)	7
Total Shareholders' Equity	24,117	24,171
Total Liabilities and Shareholders' Equity	$ 119,421	$ 109,959

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Dec. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	9,000,000	9,000,000
Common stock, shares issued	1,674,036	1,674,036
Common stock, shares outstanding	1,674,036	1,674,036

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Interest Income
Loans, including Fees	$ 4,815	$ 4,247
Investment Securities	125	138
Other Interest Earning Assets	168	143
Total Interest Income	5,108	4,528
Interest Expense
Deposits	940	819
Borrowed Funds	265	203
Total Interest Expense	1,205	1,022
Net Interest Income	3,903	3,506
Provision for Loan Losses	5	80
Net Interest Income after Provision for Loan Losses	3,898	3,426
Noninterest Income
Gain on Sale of Loans Originated for Sale	52	63
Loan Servicing Income	168	164
Other Income	113	90
Total Noninterest Income	333	317
Noninterest Expense
Salaries and Employee Benefits	2,096	1,658
Occupancy and Equipment	403	346
Data Processing	216	212
FDIC Insurance and Examination Fees	88	98
Director Compensation	73	73
Legal, Accounting and Professional Fees	261	156
Advertising	98	96
Telephone and Communications	59	51
Other	418	237
Total Noninterest Expense	3,712	2,927
Income Before Income Tax Expense	519	816
Income Tax Expense	101	267
Net Income	$ 418	$ 549
Earnings per share: Basic (in dollars per share)	$ 0.27	$ 0.36
Earnings per share: Diluted (in dollars per share)	$ 0.27

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Statement of Comprehensive Income [Abstract]
Net Income	$ 418	$ 549
Other Comprehensive Income (Loss):
Unrealized Holding Gains (Losses) on Securities Available for Sale	(48)	(39)
Income Tax Effect	10	14
Total Other Comprehensive Income (Loss)	(38)	(25)
Comprehensive Income	$ 380	$ 524

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid In Capital	Unallocated ESOP Shares	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Total
Balance at Dec. 31, 2016				$ 9,429	$ 31	$ 9,460
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Proceeds from issuance of common stock	$ 17	$ 15,430	$ (1,323)			14,124
ESOP shares earned		10	53			63
Net Income				549		549
Adjustment to Other Comprehensive Income/Loss due to Federal Tax Law Change				(1)	1
Other Comprehensive Income (Loss)					(25)	(25)
Balance at Dec. 31, 2017	17	15,440	(1,270)	9,977	7	24,171
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Compensation Expense related to restricted shares		48				48
Compensation Expense related to stock options		32				32
ESOP shares earned		$ 12	53			$ 65
Stock Shares Repurchased		(579)				(579)
Net Income				418		$ 418
Other Comprehensive Income (Loss)					(38)	(38)
Balance at Dec. 31, 2018	$ 17	$ 14,953	$ (1,217)	$ 10,395	$ (31)	$ 24,117

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash Flows from Operating Activities
Net Income	$ 418	$ 549
Adjustments to Reconcile Net Income (Loss) to Net Cash from Operating Activities
Provision for Loan Losses	5	80
Provision for Depreciation	205	174
Deferred Income Tax Expense (Benefit)	15	(35)
Change in Mortgage Servicing Rights	(26)	(23)
(Accretion) Amortization of Premiums and Discounts on Securities	34	45
(Accretion) Amortization of Deferred Loan Origination Fees	64	16
Gain on Sale of Loans Originated for Sale	(52)	(63)
Originations of Loans Held for Sale	(4,052)	(3,397)
Loss on disposal of Premise and Equipment	5
Stock dividends on FHLB Stock	(18)	(12)
Compensation expense related to stock benefit plans	145	63
Proceeds from Loans Held for Sale	3,524	3,460
Gain or Loss on Sale of Foreclosed Real Estate	(1)	(1)
(Increase) Decrease in Accrued Interest Receivable	(28)	(52)
(Increase) Decrease in Bank Owned Life Insurance	(51)	(50)
(Increase) Decrease in Prepaid Expenses and Other Assets	40	56
Increase (Decrease) in Accrued Expenses and Other Liabilities	45	103
Net Cash provided by (used in) Operating Activities	272	913
Cash Flows from Investing Activities
Principal Collected on Securities Available for Sale	1,226	1,575
Principal Collected on Securities Held to Maturity	127	174
Purchase of Federal Home Loan Bank Stock		(277)
Net Change in Interest-earning Time Deposits at Banks		996
Net (Increase) Decrease in Loans	(8,987)	(13,472)
Purchases of Premises and Equipment	(1,238)	(567)
Proceeds from Sales of Foreclosed Real Estate	85	10
Net Cash provided by (used in) Investing Activities	(8,787)	(11,561)
Cash Flows from Financing Activities
Net Increase (Decrease) in Deposits	6,695	(3,649)
Net Proceeds from Stock Offering		15,447
Loan to ESOP for Purchase of Stock		(1,323)
Shares Repurchased	(579)
Advances from Borrowers for Taxes and Insurance	18	(11)
Borrowed Funds	16,150	13,550
Repayments of Borrowed Funds	(13,392)	(12,760)
Net Cash provided by (used in) Financing Activities	8,892	11,254
Net Change in Cash and Cash Equivalents	377	606
Cash and Cash Equivalents - Beginning of Period	4,038	3,432
Cash and Cash Equivalents - End of Period	4,415	4,038
Cash paid during the period for:
Interest Paid on Deposits	936	817
Interest Paid on Borrowed Funds	247	200
Income Taxes Paid	$ 98	$ 267

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note A - Summary of Significant Accounting Policies - Nature of Operations Heritage NOLA Bancorp, Inc. (the “Company”) (OTC Pink Marketplace – HRGG) was formed to serve as the stock holding company for Heritage Bank of St. Tammany (the “Bank”) upon completion of its mutual-to-stock conversion. The conversion was effective July 12, 2017. Heritage NOLA Bancorp, Inc. issued 1,653,125 shares at an offering price of $10.00 per share. The Bank is a community bank providing various financial services through its three branches in Covington, Slidell and Madisonville, Louisiana. The primary lending products are single-family residential loans and commercial real estate loans. The primary deposit products are demand and savings accounts, and certificates of deposit. Principles of Consolidation The consolidated financial statements as of and for the years ended December 31, 2018 and 2017, include Heritage NOLA Bancorp, Inc. and its wholly-owned subsidiary the Bank, together referred to as the Company. Intercompany transactions and balances have been eliminated in consolidation. Significant Group Concentrations of Credit Risk Most of the Company's activities are with customers located within St. Tammany Parish, Louisiana. The types of securities that the Company invests in are included in Note C. The types of lending that the Company engages in are included in Note D. The Company does not have any significant concentrations to any one industry or customer. Real estate loans related to residential properties represented 69% and 78% of the total loan portfolio at December 31, 2018 and 2017, respectively. Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions. Fair value estimates involve uncertainties and matters of significant judgment. Changes in assumptions or in market conditions could significantly affect the estimate. Cash and Cash Equivalents For purposes of the statement of cash flows, cash and cash equivalents, are defined as all highly liquid debt instruments, excluding securities, with original maturities at purchase of three months or less. Interest Earning Time Deposits Interest earning time deposits in banks with original maturities at purchase of greater than three months and are carried at cost. Securities Securities are classified in three categories at the time of purchase and accounted for as follows: Securities that the Company has the positive intent and ability to hold to maturity are classified as held to maturity and reported at cost, adjusted for amortization of premiums and accretion of discounts which are recognized in interest income using the interest method. Securities that are bought and held by the Company primarily for the purpose of selling them in the near future are classified as trading securities and reported at fair value. Unrealized gains and losses are included in earnings. The Company had no securities classified as trading as of December 31, 2018 and 2017. Securities classified as available for sale are those securities that the Company intends to hold for an indefinite period of time but not necessarily to maturity. Any decision to sell a security classified as available for sale would be based on various factors including changes in market interest rates, liquidity needs, changes in yields or alternative investments, and for other reasons. They are reported at fair value. Amortization of premiums and accretion of discounts are recognized in interest income using the interest method. Unrealized gains and losses, net of income tax, are excluded from earnings and reported as a separate component of equity until realized. Gains and losses on the sale of securities available for sale are determined using the specific identification method. Declines in the fair value of individual held to maturity and available for sale securities below their cost that are other-than-temporary result in write-downs of the individual securities to their fair value. The related write-downs are included in earnings as realized losses. On a quarterly basis (and more frequently when economic or market conditions warrant), management evaluates the investment securities portfolio on an individual security basis for other-than- temporary impairment (OTTI). If a security is in a loss position, management will determine if OTTI exists and will consider the following. First, if it is probable that the issuer of the security will be unable to pay all amounts due according to the contractual terms of the debt security, OTTI will be recognized. Second, if management intends to sell the security and does not expect to recover the loss before the anticipated sale date, OTTI will be recognized. In both instances, OTTI will be recognized for the affected security equal to the difference between the fair value and amortized cost through a charge to earnings. Third, if a security does not meet either of the criteria above and is both in a loss position for greater than one year and at a current loss of 10% or more, management will evaluate its ability and intent to retain its investment for a period of time sufficient to allow for any anticipated recovery in fair value. Federal Home Loan Bank of Dallas (FHLB) Stock FHLB stock is redeemable at par value at the discretion of the FHLB and is used to collateralize FHLB advances. The stock is carried at cost which approximates fair value. The Bank is a member of the FHLB System which requires the Bank to purchase and maintain stock in the FHLB. The requirement is generally 0.04% of total assets at the most recent December 31 plus 4.10% of outstanding FHLB advances. The Bank was in compliance with these requirements at December 31, 2018 and 2017. Loans Receivable The Bank grants land, residential, commercial real estate, and consumer loans to customers. A substantial portion of the loan portfolio is represented by real estate loans primarily in St. Tammany Parish. The ability of the Bank's debtors to honor their contracts is dependent upon the real estate and general economic conditions in this area. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff generally are reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, and any deferred loan fees or costs on originated loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of direct loan origination costs, are deferred and amortized as a level yield adjustment over the respective term of the loan. The accrual of interest on the loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Loans are typically charged off not later than 180 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income. The interest on these loans is accounted for on the cash basis or cost recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management's periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower's ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical charge-off experience. Other adjustments may be made to the allowance for pools of loans after an assessment of internal and external influence on credit quality that are not fully reflected in the historical loss or risk rating data. A loan is considered impaired when, based upon current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal and interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls are considered on a case by case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower's prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis by either the present value of expected future cash flows discounted at the loan's effective interest rate, the loan's obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Mortgage Servicing Rights Mortgage servicing rights are recognized separately when rights are acquired through the sale or servicing of financial assets. Under authorization guidance of FASB ASC 860-50, servicing rights resulting from the sale of loans originated by the Bank are initially measured at fair value at the date of transfer. The Bank subsequently measures each class of servicing asset using the amortization method. Under the amortization method, servicing rights are amortized in proportion to and over the period of estimated net servicing income. The amortized assets are assessed for impairment or increased obligation based on fair value at each reporting date. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The amortization of mortgage servicing rights is netted against loan servicing fee income. Foreclosed Real Estate Foreclosed real estate properties acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less estimated costs to sell at the date of foreclosure. Loan losses arising from the acquisition of these properties are charged against the allowance for loan losses. After foreclosure, valuations are periodically performed by management and the real estate is carried at the lower of carrying amount or fair value less estimated costs to sell. Costs relating to development and improvement of property are capitalized, whereas costs relating to holding property are expensed. Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed by the straight-line method (book purposes) or accelerated methods (tax purposes) over the estimated useful lives of the assets. Land is carried at cost. The cost of assets retired or otherwise disposed of and the related accumulated depreciation are eliminated from the accounts in the year of disposal and the resulting gains or losses are included in current operations. Bank Owned Life Insurance The cash surrender value of bank owned life insurance policies represents the value of life insurance policies on certain current and former officers of the Company for which the Company is the beneficiary. The Company accounts for these assets using the cash surrender value method in determining the carrying value of the insurance policies. Earnings Per Share Basic earnings per share (“EPS”) represents income available to common shareholders divided by the weighted average number of common shares outstanding; no dilution for any potentially convertible shares is included in the calculation. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company. The potential common shares that may be issued by the Company relate to outstanding stock options. Earnings per common share were computed based on the following: Years Ended December 31, (in thousands, except per share data) 2018 2017 Numerator: Net income available to common shareholders $ 418 549 Denominator: Weighted average common shares outstanding 1,666,804 1,653,125 Less: Average unallocated ESOP shares 126,946 126,960 Weighted average shares 1,539,858 1,526,165 Effect of dilutive securities: Restrictive Stock - - Stock Options - - Weighted average common shares outstanding - assuming dilution 1,539,858 1,526,165 Basic earnings per common share $ 0.27 $ 0.36 Diluted earnings per common share $ 0.27 N/A Income Taxes Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Bank determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation process, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with the taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management's judgment. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The income tax accounting guidance related to accounting for uncertainty in income taxes sets out a consistent framework to determine the appropriate level of tax reserves to maintain for uncertain tax positions. As of December 31, 2018 and 2017, management is not aware of any uncertain tax positions that would have a material effect on the Bank's financial statements. Advertising Costs Advertising costs are expensed as incurred. Compensated Absences Employees of the Bank are entitled to paid vacation, paid sick days and personal days off, depending on length of service and other factors. It is impractical to estimate the amount of compensation for future absences, and, accordingly, no liability has been recorded in the accompanying financial statements. The Bank’s policy is to recognize the costs of compensated absences when actually paid to employees. Estimates The use of estimates in the preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, valuation of foreclosed real estate, and the valuation allowance for deferred tax assets. In connection with the determination of the allowance for loan losses and valuation of foreclosed real estate, management obtains independent appraisals for significant properties. With regard to the valuation allowance for deferred tax assets, management has developed a tax-planning strategy. In the ordinary course of business, the Bank enters into off-balance-sheet financial instruments consisting of commitments to extend credit, including unfunded commitments under lines of credit. Such financial instruments are recorded in the financial statements when they are funded. Comprehensive Income The Bank reports comprehensive income in accordance with the accounting guidance related to FAS ASC 220, Comprehensive Income Recent Accounting Pronouncements Emerging Growth Company Status The Company qualifies as an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). For as long as the Company is an emerging growth company, it may choose to take advantage of exemptions from various reporting requirements applicable to other public companies but not to emerging growth companies. An emerging growth company may elect to use the extended transition period to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies, but must make such election when the company is first required to file a registration statement. The Company has elected to use the extended transition period described above and intends to maintain its emerging growth company status as allowed under the JOBS Act. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments - Overall (Subtopic 825- 10), Recognition and Measurement of Financial Assets and Financial Liabilities. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), Conforming Amendments Related to Leases In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In June 2018, FASB issued ASU No. 2018-07, “Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-based Payment In August 2018, FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement Reclassifications Certain reclassifications have been made to the 2017 financial information in order to conform to the 2018 financial statement presentation. Such reclassifications had no effect on previously reported net income. Subsequent Events In preparing the financial statements, the Bank has evaluated events and transactions for potential recognition or disclosure through March 29, 2019, the date the financial statements were available to be issued.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note B – Commitments and Contingencies - The Bank is a party to financial instruments with off-balance-sheet risk to meet the financing needs of its customers. These financial instruments are commitments to extend credit. The instruments contain various elements of credit and interest rate risk in excess of the amount recognized in the balance sheets. The Bank's exposure to credit loss, if the other party to the financial instrument for commitments to extend credit does not perform, is the contractual amount of those instruments. The Bank uses the same credit policies in making commitments that it does for on-balance-sheet financial instruments. The Bank had new loan commitments at December 31, 2018 of $75,000 at a fixed rate of 6.125%. The Bank had construction loan commitments at December 31, 2018 of $1,601,000 at an average rate of 5.11%. At December 31, 2018 the Bank had unfunded home equity lines of credit of $3,260,000 at an average variable rate of 5.71% and unfunded commercial lines of credit of $1,232,000 at an average rate of 5.56% . The Bank maintained cash accounts at various financial institutions during 2018 and 2017. The Federal Deposit Insurance Corporation (FDIC) provides insurance coverage under defined limits. At various times in 2018 and 2017, the Bank may have had funds on deposit at these institutions which were in excess of the insured amount. Deposits at the FHLB are not subject to insurance coverage. Commitments to extend credit are agreements to lend to a customer if there is no violation of any contract conditions. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since some of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Management evaluates each customer's credit request separately and determines and obtains the amount of collateral needed when credit is extended. Collateral includes primarily real estate. The Bank has established a federal funds line of credit agreement with First National Bankers Bank (FNBB) that renews annually on in June. In 2018 the line was renewed at $3,000,000 until 2019. The interest rate would be set by FNBB on the day any borrowing occurs. There were no borrowings under this agreement in either 2018 or 2017.

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Note C - Investment Securities - The amortized costs and estimated fair values of securities at December 31 were as follows: December 31, 2018 Gross Gross Amortized Unrealized Unrealized Fair (in thousands) Cost Gains (Losses) Value Available for Sale: Mortgage-Backed Securities $ 4,260 $ 38 $ (77 ) $ 4,221 Held to Maturity: Mortgage-Backed Securities $ 518 $ 1 $ (12 ) $ 507 December 31, 2017 Gross Gross Amortized Unrealized Unrealized Fair (in thousands) Cost Gains (Losses) Value Available for Sale: Mortgage-Backed Securities $ 5,514 $ 57 $ (48 ) $ 5,523 Held to Maturity: Mortgage-Backed Securities $ 651 $ - $ (10 ) $ 641 There were no securities sold in 2018 and 2017. All mortgage-backed securities held on December 31, 2018 and 2017 were government-sponsored mortgage-back securities. The amortized cost and fair value of investment securities at December 31, 2018 by contractual maturity are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. The scheduled contractual maturities of securities available for sale and held to maturity at December 31, 2018, were as follows: Amortized Fair (in thousands) Cost Value Available for Sale: Within One Year $ 1 $ 1 After One Year Through Five Years 179 172 After Five Years Through Ten Years 1,758 1,711 After Ten Years 2,322 2,337 $ 4,260 $ 4,221 Held to Maturity: After Five Years Through Ten Years $ 289 $ 282 After Ten Years 229 225 $ 518 $ 507 The following table reflects gross unrealized losses, fair values, and length of time in a continued unrealized loss position for all securities with fair values below amortized cost at December 31, 2018 and 2017: December 31, 2018 Less Than 12 Months 12 Months or Longer Total (in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Available for Sale: Mortgage-Backed Securities $ 549 $ 3 $ 2,526 $ 74 $ 3,075 $ 77 Held to Maturity: Mortgage-Backed Securities $ - $ - $ 418 $ 12 $ 418 $ 12 December 31, 2017 Less Than 12 Months 12 Months or Longer Total (in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Available for Sale: Mortgage-Backed Securities $ 2,245 $ 20 $ 1,223 $ 28 $ 3,468 $ 48 Held to Maturity: Mortgage-Backed Securities $ 355 $ 3 $ 275 $ 7 $ 630 $ 10 Management evaluates securities for OTTI as described in Note A. No declines at December 31, 2018 and 2017 were deemed to be other-than-temporary. The unrealized losses on the securities available for sale generally result from changes in market interest rates and not credit quality. The Bank does not intend to sell any such investments before recovery of their amortized cost bases, which may be at maturity.

Loans Receivable

Loans Receivable	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Loans Receivable	Note D - Loans Receivable - Loans receivable at December 31 are summarized as follows: (in thousands) December 31, 2018 December 31, 2017 Real Estate: Secured by one-to four family residential properties Owner-occupied $ 52,956 $ 50,863 Non-owner-occupied 13,485 12,405 Home Equity Lines of Credit 2,973 2,487 Commercial (Nonresidential) Properties 21,868 16,364 Land 2,211 2,605 Construction 2,947 1,703 Multi-family 1,524 1,665 Commercial 1,964 1,392 Consumer Loans 354 451 Total Loans 100,282 89,935 Less: Net Deferred Loan Fees (380 ) (443 ) Loans in Process (1,601 ) (701 ) Allowance for Loan Losses (768 ) (756 ) Net Loans $ 97,533 $ 88,035 Discounts on loans purchased amounted to $251,000 and $322,000 for the years ended December 31, 2018 and 2017, respectively. At December 31, 2018, the Bank did have not any loans where formal foreclosure procedures had been initiated. Under its current lending status with the FHLB (Note J), the Bank may be required to deliver qualifying loans and securities to the FHLB in order to collateralize any outstanding and future advances. The Bank did not deliver any available for sale securities or loans to the FHLB at December 31, 2018 and 2017. Loans - Real Estate, Commercial and Consumer Commercial real estate loans are secured by the subject property and are underwritten based upon standards set forth in policies approved by the Bank's Board of Directors (Board). Such standards include, among other factors, loan to value limits, cash flow coverage, and general creditworthiness of the obligors. Residential real estate loans are underwritten in accordance with policies approved by the Board, including repayment capacity and source, value of the underlying property, credit history and stability. Construction loans to borrowers are to finance the construction of owner occupied and leased properties. These loans are categorized as construction loans during the construction period, later converting to commercial or residential real estate loans after the construction is complete and amortization of the loan begins. Construction loan funds are disbursed periodically based on the percentage of construction completed. Management carefully monitors these loans with on-site inspections. The Bank also makes loans on occasion for the purchase of land for future development for either commercial or residential use by the borrower. Consumer loans are extended for deposit account collateralized loans. The Bank also purchases commercial loans from a third party company that extends loans to healthcare providers. The tables below provide an allocation and rollforward of the allowance for loan losses by loan type as of and for the years ended December 31, 2018 and 2017. The allocation of a portion of the allowance to one category does not preclude its availability to absorb losses in other categories. Allowance for Credit Losses and Recorded Investment in Loans Receivable For the Year Ended December 31, 2018 (in thousands) Real Estate Commercial Land One-to-Four Construction Multi-Family Consumer Commercial Total Allowance for Credit Losses: Beginning Balance $ 94 $ 56 $ 545 $ 8 $ 4 $ 1 $ 48 $ 756 Charge-offs (1 ) - - - - (8 ) - (9 ) Recoveries 3 - 13 - - - - 16 Provision 17 (33 ) (39 ) 8 1 16 35 5 Ending Balance $ 113 $ 23 $ 519 $ 16 $ 5 $ 9 $ 83 $ 768 Ending Balance: Individually Evaluated for Impairment $ - $ - $ 10 $ - $ - $ - $ - $ 10 Ending Balance: Collectively Evaluated $ 113 $ 23 $ 509 $ 16 $ 5 $ 9 $ 83 $ 758 Loans Receivable: Ending Balance $ 21,868 $ 2,211 $ 69,414 $ 2,947 $ 1,524 $ 354 $ 1,964 $ 100,282 Ending Balance: Individually Evaluated $ - $ - $ 100 $ - $ - $ - $ - $ 100 Ending Balance: Collectively Evaluated $ 21,868 $ 2,211 $ 69,314 $ 2,947 $ 1,524 $ 354 $ 1,964 $ 100,182 Allowance for Credit Losses and Recorded Investment in Loans Receivable For the Year Ended December 31, 2017 (in thousands) Real Estate Commercial Land One-to-Four Construction Multi-Family Consumer Commercial Total Allowance for Credit Losses: Beginning Balance $ 43 $ 101 $ 528 $ 8 $ 3 $ - $ 9 $ 692 Charge-offs (16 ) - - - - - - (16 ) Recoveries - - - - - - - - Provision 67 (45 ) 17 - 1 1 39 80 Ending Balance $ 94 $ 56 $ 545 $ 8 $ 4 $ 1 $ 48 $ 756 Ending Balance: Individually Evaluated for Impairment $ 13 $ 2 $ 23 $ - $ - $ - $ - $ 38 Ending Balance: Collectively Evaluated $ 81 $ 54 $ 522 $ 8 $ 4 $ 1 $ 48 $ 718 Loans Receivable: Ending Balance $ 16,364 $ 2,605 $ 65,755 $ 1,703 $ 1,665 $ 451 $ 1,392 $ 89,935 Ending Balance: Individually Evaluated for Impairment $ 131 $ 16 $ 225 $ - $ - $ - $ - $ 372 Ending Balance: Collectively Evaluated $ 16,233 $ 2,589 $ 65,530 $ 1,703 $ 1,665 $ 451 $ 1,392 $ 89,563 Credit quality indicators as of December 31, 2018 and 2017 Pass Special mention Substandard Doubtful Loss The following tables represent the Bank's credit exposure by credit quality indicator as of Decem-ber 31, 2018 and 2017: Credit Risk Profile by Internally Assigned Grade (in thousands) December 31, 2018 Real Estate Commercial Land One-to-Four Construction Multi-Family Consumer Commercial Total Pass $ 21,868 $ 2,189 $ 68,774 $ 2,947 $ 1,524 $ 354 $ 1,964 $ 99,620 Special Mention - - - - - - - - Substandard - 22 640 - - - - 662 Doubtful - - - - - - - - Loss - - - - - - - - $ 21,868 $ 2,211 $ 69,414 $ 2,947 $ 1,524 $ 354 $ 1,964 $ 100,282 December 31, 2017 Real Estate Commercial Land One-to-Four Construction Multi-Family Consumer Commercial Total Pass $ 16,065 $ 2,541 $ 65,259 $ 1,703 $ 1,665 $ 451 $ 1,392 $ 89,076 Special Mention - - - - - - - - Substandard 299 64 496 - - - - 859 Doubtful - - - - - - - - Loss - - - - - - - - $ 16,364 $ 2,605 $ 65,755 $ 1,703 $ 1,665 $ 451 $ 1,392 $ 89,935 The following tables are an aging analysis of loans as of December 31, 2018 and 2017: Aged Analysis of Past Due Loans Receivable (in thousands) December 31, 2018 Accruing 30-89 90 Days Total Days and Over Total Nonaccrual Loans Past Due Past Due Past Due Current Status Receivable Real Estate: Commercial $ 222 $ - $ 222 $ 21,646 $ - $ 21,868 Land 15 - 15 2,196 - 2,211 Residential 2,116 - 2,116 67,198 100 69,414 Construction - - - 2,947 - 2,947 Multi-family - - - 1,524 - 1,524 Consumer 66 - 66 288 - 354 Commercial - - - 1,964 - 1,964 $ 2,419 $ - $ 2,419 $ 97,763 $ 100 $ 100,282 Aged Analysis of Past Due Loans Receivable (in thousands) December 31, 2017 Accruing 30-89 90 Days Total Days and Over Total Nonaccrual Loans Past Due Past Due Past Due Current Status Receivable Real Estate: Commercial $ 237 $ - $ 237 $ 15,996 $ 131 $ 16,364 Land 103 18 121 2,468 16 2,605 Residential 1,744 - 1,744 63,786 225 65,755 Construction - - - 1,703 - 1,703 Multi-family - - - 1,665 - 1,665 Consumer 20 - 20 431 - 451 Commercial - - - 1,392 - 1,392 $ 2,104 $ 18 $ 2,122 $ 87,441 $ 372 $ 89,935 The following tables below present impaired loans disaggregated by class as of and for the years ended December 31, 2018 and 2017: Impaired Loans (in thousands) As Of And For The Year Ended December 31, 2018 Unpaid Allowance Average Interest Recorded Principal Losses Recorded Income Loans with an allowance recorded: Real estate Commercial $ - $ - $ - $ - $ - Land - - - - - 1-4 family residential 100 100 10 99 - Multi-Family - - - - - Construction - - - - - Consumer and Commercial - - - - - Loans with no allowance recorded: Real estate Commercial - - - - - Land - - - - - 1-4 family residential - - - - - Multi-Family - - - - - Construction - - - - - Consumer and Commercial - - - - - Totals $ 100 $ 100 $ 10 $ 99 $ - Impaired Loans (in thousands) As Of And For The Year Ended December 31, 2017 Unpaid Allowance Average Interest Recorded Principal Losses Recorded Income Loans with an allowance recorded: Real estate Commercial $ 131 $ 147 $ 13 $ 145 $ - Land 16 21 2 14 - 1-4 family residential 225 228 23 218 - Multi-Family - - - - - Construction - - - - - Consumer and Commercial - - - - - Loans with no allowance recorded: Real estate Commercial - - - - - Land - - - - - 1-4 family residential - - - - - Multi-Family - - - - - Construction - - - - - Consumer and Commercial - - - - - Totals $ 372 $ 396 $ 38 $ 377 $ - Troubled Debt Restructuring There were no modifications made in the years ended December 31, 2018 and 2017. The Bank's troubled debt restructurings are generally due to a modification of terms allowing the customer to make interest-only payments for an amount of time, an extension of the loan term, and/or a reduction in interest rate to obtain a lower payment for the customer. The Bank is not committed to lend additional funds to debtors whose loans have been modified.

Accrued Interest Receivable

Accrued Interest Receivable	12 Months Ended
	Dec. 31, 2018
Accrued Interest Receivable [Abstract]
Accrued Interest Receivable	Note E - Accrued Interest Receivable - Accrued interest receivable at December 31 is summarized as follows: (Dollars in thousands) 2018 2017 Securities Available for Sale $ 11 $ 12 Securities Held to Maturity 1 2 Interest Bearing Deposits 8 6 Loans Receivable 378 350 $ 398 $ 370

Servicing

Servicing	12 Months Ended
	Dec. 31, 2018
Transfers and Servicing [Abstract]
Servicing	Note F - Servicing - In 2018 and 2017, the Bank recognized a gain of $52,000 and $63,000, respectively, on loans sold to the Federal Home Loan Mortgage Corporation under their seller/servicer program; gross proceeds were $3,524,000 and $3,456,000, respectively. Mortgage loans serviced for others are not included in the accompanying balance sheets. The risks inherent in mortgage servicing assets relate primarily to changes in prepayments that result from shifts in mortgage interest rates. The unpaid principal balances of mortgage loans serviced for others were $41,873,000 and $41,090,000 at December 31, 2018 and 2017, respectively. In connection with the foregoing mortgage loans serviced, custodial escrow balances (net) in the amount of $483,000 and $388,000 at December 31, 2018 and 2017, respectively, were maintained in non-interest bearing accounts. The following table represents the change in mortgage servicing rights as of December 31, 2018 and 2017. (Dollars in thousands) 2018 2017 Beginning Balance $ 348 $ 325 Additions 55 50 Amortization (30 ) (27 ) Ending Balance $ 373 $ 348

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Premises and Equipment	Note G - Premises and Equipment - Major classes of premises and equipment at December 31 are summarized as follows: Estimated (Dollars in thousands) Life 2018 2017 Land $ 1,570 $ 730 Buildings 25 - 39 Years 5,601 5,429 Furniture and Fixtures 3 - 10 Years 776 714 7,947 6,873 Less Accumulated Depreciation 2,810 2,764 $ 5,137 $ 4,109 The provision for depreciation charged to operating expenses was $205,000 and $174,000 for the years ended December 31, 2018 and 2017, respectively.

Leases

Leases	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Leases	Note H - Leases - The Bank leases a portion of its Covington and Slidell buildings to third parties under operating leases. These leases contain renewal options. Rental income under these leases amounted to $85,000 and $80,000 in 2018 and 2017, respectively. At December 31, 2018, the remaining future minimum receipts under these leases are as follows: (Dollars in thousands) 2019 $ 53 2020 18 $ 71

Deposits

Deposits	12 Months Ended
	Dec. 31, 2018
Banking and Thrift [Abstract]
Deposits	Note I - Deposits - The aggregate amount of certificates of deposit with a minimum denomination of greater than $250,000 was approximately $4,278,000 and $4,245,000 at December 31, 2018 and 2017, respectively. At December 31, 2018, the scheduled maturities of all certificates of deposit were as follows: (Dollars in thousands) 3 months or less $ 5,846 3 months through 12 months 24,321 1 year through 3 years 18,662 Over 3 years 5,585 $ 54,414 The interest expense associated with each major classification of interest-bearing deposits is as follows: (Dollars in thousands) 2018 2017 Interest Bearing DDAs $ 9 $ 7 Savings Accounts 37 35 Certificates of Deposit 894 777 $ 940 $ 819

Borrowed Funds

Borrowed Funds	12 Months Ended
	Dec. 31, 2018
Borrowed Funds [Abstract]
Borrowed Funds	Note J - Borrowed Funds - Borrowed funds at December 31, 2018 and 2017 in the amounts of $16,822,000 and $14,064,000, consisted of advances from the FHLB. These advances were at fixed interest rates at December 31, 2018, ranging from 1.535% to 3.203%. At December 31, 2018, the scheduled maturities of the advances were as follows: (Dollars in thousands) 2019 $ 7,864 2020 4,846 2021 615 2022 722 2023 2,775 $ 16,822 These advances are collateralized by a blanket lien on substantially all of the Bank’s mortgage loans, investment securities, mortgage-backed securities, FHLB stock and FHLB deposit accounts. At December 31, 2018, the Bank had the capacity to borrow an additional $26,560,000 from the FHLB.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Note K - Income Taxes - The total provision for income taxes charged to income amounted to approximately $101,000 and $267,000 for the years ended December 31, 2018 and 2017, respectively. The Tax Cut and Jobs Act The provision for income tax for the years ended December 31 is summarized as follows: (Dollars in thousands) 2018 2017 Current Tax Provision $ 86 $ 302 Deferred Tax Expense (Benefit) 15 (35 ) Provision $ 101 $ 267 The provision for federal income taxes differs from that computed by applying federal statutory rates to income before federal income tax expense, as indicated in the following analysis: (Dollars in thousands) 2018 2017 Federal Stautory Income Tax $ 109 21.0 % $ 277 34.0 % Tax Exempt Income (11 ) -2.1 % (17 ) -2.1 % Adjustment to Deferred Taxes for Change in Statutory Rate - 0.0 % 12 1.5 % Other - Net 3 0.6 % (5 ) -0.6 % $ 101 19.5 % $ 267 32.8 % Deferred tax assets and liabilities at December 31 consist of the following components utilizing federal corporate income tax rates of 21% at December 31, 2018 and 34% at December 31, 2017: (Dollars in thousands) 2018 2017 Deferred Tax Assets: Allowance for Loan Losses $ 161 $ 159 Deferred Loan Fees and Costs, net 27 26 Nondeductible Writedowns on Foreclosed Real Estate - 3 Deferred Compensation 165 144 Net Unrealized Losses on Securities 8 - 361 332 Deferred Tax Liabilities: Tax over Book Depreciation 199 171 Dividends on FHLB Stock 31 27 Mortgage Servicing Rights 78 73 Net Unrealized Gains on Securities - 2 308 273 Valuation Allowance - - Net Deferred Tax Asset $ 53 $ 59 The net deferred tax asset is included in prepaid expenses and other assets in the balance sheet. The Bank's tax filings for the years ended December 31, 2015 through the current date are open to audit under statutes of limitations by the Internal Revenue Service. Management believes that its tax positions would be sustained if audited. There were no penalties or interest incurred in 2018 or 2017 related to the Bank's tax positions but, if incurred, they would be classified in the statement of income as other expense.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Employee Benefit Plans	Note L – Employee Benefit Plans - The Bank has established a 401(k) retirement savings plan that covers substantially all employees. Participants may contribute a portion of their compensation, up to the federal limitations, with the Bank matching the participant’s contribution up to 4% of their compensation. Employer contributions expensed were $44,000 and $45,000 to the plan in 2018 and 2017, respectively. The Bank has established a deferred compensation agreement with certain directors, past directors and officers. The expense incurred for these agreements for the years ended December 31, 2018 and 2017 amounted to approximately $22,000 and $55,000, respectively. The accrued liability for these agreements at December 31, 2018 and 2017 amounted to approximately $704,000 and $684,000, respectively. To finance the benefits under this plan, the Bank has entered into an arrangement to provide for the cost of split-dollar life insurance policies on the lives of the certain of the Bank's current and former members of the Board of Directors. As part of the Company’s stock conversion, an employee stock ownership plan (“ESOP”) for eligible employees was established. The leveraged ESOP is accounted for in accordance with the requirements of ASC 718, Compensation – Stock Compensation. Shares were purchased by the ESOP with a loan from Heritage NOLA Bancorp, Inc. The ESOP acquired 132,250 shares of the Company’s common stock in the conversion. During the years ended December 31, 2018 and December 31, 2017, 5,290 shares were allocated to ESOP plan participants each year, leaving 121,670 and 126,960 unallocated shares in the ESOP at December 31, 2018 and December 31, 2017, respectively. Compensation expense related to the ESOP was $66,000 for the year ended December 31, 2018 and $63,000 for the year ended December 31, 2017. The stock price at the formation date was $10.00. The aggregate fair value of the 121,670 unallocated shares was $1,557,000 based on the $12.80 closing price of the common stock on December 31, 2018. Under ASC 718, unearned ESOP shares are not considered outstanding and are shown as a reduction of shareholders’ equity as unearned compensation. Dividends on unallocated ESOP shares are considered to be compensation expense. The Company recognizes compensation cost equal to the fair value of the ESOP shares during the periods in which they are committed to be released. To the extent that the fair value of the Company’s ESOP shares differ from the cost of such shares, the differential is credited to shareholders’ equity. The Company receives a tax deduction equal to the cost of the shares released. As the loan is internally leveraged, the loan receivable from the ESOP to the Company is not reported as an asset nor is the debt of the ESOP shown as a Company liability. The compensation expense resulting from the release of the common stock from the suspense account and allocation to plan participants results in a corresponding reduction in the earnings of Heritage NOLA Bancorp. In August 2018, the Company's stockholders authorized the adoption of the 2018 Heritage NOLA Bancorp, Inc. Equity Incentive Plan (the “2018 Plan” or the “Plan”). No more than 231,437 shares of the Company's common stock may be issued under the Plan, of which a maximum of 165,312 may be issued pursuant to the exercise of stock options and 66,125 may be issued pursuant to restricted stock awards, restricted stock units and unrestricted share awards. Stock options awarded to employees may be incentive stock options or non-qualified stock options. The shares that may be issued may be authorized but unissued shares or treasury shares. The Plan permits the grant of incentive awards in the form of options, stock appreciation rights, restricted share and share unit awards, and performance share awards. The 2018 Plan contains limits on certain types of awards to individual participants. Awards may vest or become exercisable only upon the achievement of performance measures or based solely on the passage of time after award. Stock options and restricted stock awards provide for accelerated vesting upon death, disability or if there is an involuntary termination of service following a change in control (as defined in the Plan). On August 16, 2018, the Company made grants of restricted shares and stock options for 16,530 and 41,325 shares, respectively, to non-employee members of the Board of Directors. The awards vest over a five-year period and the stock options have a ten-year period to expiration. Each option has an exercise price of $12.48, as determined on the grant date. On September 18, 2018, the Company made grants of restricted shares and stock options for 49,581 and 104,500 shares, respectively, to certain members of management and staff. The awards vest over either a five- or seven-year period and the stock options have a ten-year period to expiration. Each option has an exercise price of $12.45, as determined on the grant date. Stock Options The table below represents the stock option activity for the period shown: Weighted Average Options Exercise Price Options outstanding at January 1, 2018 0 $ - Granted 145,825 12.46 Exercised 0 - Forfeited 0 - Expired 0 - Options outstanding at December 31, 2018 145,825 $ 12.46 As of December 31, 2018, the Company had $512,000 of unrecognized compensation expense related to stock options, having recognized $32,000 of compensation expense for the year ended December 31, 2018. The cost of stock options will be amortized in monthly installments over the five-year and seven-year vesting periods. The aggregate grant date fair value of the stock options granted in 2018 was $544,000. The options outstanding at December 31, 2018, were granted on August 16, 2018 and September 18, 2018. Accordingly, there are no options currently exercisable. The fair value of the Company's stock options granted in 2018 were $3.69 and $3.75 for the options granted on August 16, 2018 and September 18, 2018, respectively, and they were determined using the Black-Scholes option pricing formula. The following assumptions were used in the formula: Stock Options Stock Options Granted Granted August 16, 2018 September 18, 2018 Expected volatility 12.44 % 11.94 % Risk-free interest rate 2.87 % 3.05 % Expected dividend yield 0 % 0 % Expected life (in years) 10 10 Exercise price for the stock options $ 12.48 $ 12.45 Expected volatility Risk-free interest rate Dividend yield Expected life Exercise price for the stock options Restricted Shares Restricted shares are accounted for as fixed grants using the fair value of the Company's stock at the time of the grant. Unvested restricted shares may not be disposed of or transferred during the vesting period. The table below presents the restricted stock award activity for the period shown: Weighted Average Restricted Fair Value at Stock Awards Grant Date Non-vested at January 1, 2018 0 $ - Granted 66,111 12.46 Vested 0 - Forfeited 0 - Non-vested at December 31, 2018 66,111 $ 12.46 As of December 31, 2018, the Company had $776,000 of unrecognized compensation expense related to restricted shares, having recognized $48,000 of compensation expense for the year ended December 31, 2018. The cost of the restricted shares will be amortized in monthly installments over the five and seven-year vesting periods.

Related Party Transaction

Related Party Transaction	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transaction	Note M - Related Party Transaction - Certain officers and directors were deposit and loan customers of the Bank in the ordinary course of business. Deposits and loans of these officers and directors at December 31 were as follows: (Dollars in thousands) 2018 2017 Deposits $ 1,418 $ 1,247 Loans: Beginning Loan Balance $ 113 $ 1,375 New Loans - 70 Principal Advances 15 - Repayments (12 ) (1,332 ) Ending Loan Balance $ 116 $ 113

Legal Contingencies

Legal Contingencies	12 Months Ended
	Dec. 31, 2018
Legal Contingencies [Abstract]
Legal Contingencies	Note N - Legal Contingencies - Various legal claims arise from time to time in the normal course of business which, in the opinion of management, will have no material effect on the Bank's financial statements.

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2018
Banking and Thrift [Abstract]
Regulatory Matters	Note O - Regulatory Matters - The Bank is subject to various regulatory capital requirements administered by its primary federal regulator, the Office of the Comptroller of the Currency (OCC). Failure to meet minimum regulatory capital requirements can initiate certain mandatory, and possible additional discretionary actions by regulators that if undertaken, could have a direct material effect on the Bank’s financial statements. Under the capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines involving quantitative measures of assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classifications are also subject to qualitative judgments by regulators about components, risk weightings and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios as of January 1, 2016, of Total capital, Tier 1 capital, Common Equity Tier 1 capital to risk-weighted assets (as defined in the regulations), and Leverage capital, which is Tier 1 capital to adjusted average total assets (as defined). Management believes, as of December 31, 2018 and 2017, that the Bank met all the capital adequacy requirements to which it is subject. As of December 31, 2018 and 2017, the most recent notifications from the OCC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To remain categorized as well capitalized, the Bank will have minimum Total capital, Common Equity Tier 1 capital, Tier 1 capital and Leveraged capital ratios as disclosed in the table below. There are no conditions or events since the most recent notification that management believes have changed the Bank’s prompt corrective action category. The Bank’s actual and required capital amounts and ratios are as follows: Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of December 31, 2018 Total Capital (to Risk-Weighted Assets) Bank $ 19,095 26.06 % $ 5,862 8.0 % $ 7,327 10.0 % Tier I Capital (to Risk-Weighted Assets) Bank $ 18,327 25.01 % $ 4,396 6.0 % $ 5,862 8.0 % Common Equity Tier 1 (to Risk-Weighted Assets) Bank $ 18,327 25.01 % $ 3,297 4.5 % $ 4,763 6.5 % Tier I Leverage Capital (to Adjusted Total Assets) Bank $ 18,327 15.60 % $ 4,699 4.0 % $ 5,874 5.0 % As of December 31, 2017 Total Capital (to Risk-Weighted Assets) Bank $ 18,434 28.60 % $ 5,157 8.0 % $ 6,446 10.0 % Tier I Capital (to Risk-Weighted Assets) Bank $ 17,678 27.42 % $ 3,868 6.0 % $ 5,157 8.0 % Common Equity Tier 1 (to Risk-Weighted Assets) Bank $ 17,678 27.42 % $ 2,901 4.5 % $ 4,190 6.5 % Tier I Leverage Capital (to Adjusted Total Assets) Bank $ 17,678 16.19 % $ 4,368 4.0 % $ 5,461 5.0 % A reconciliation of the Bank’s capital determined under GAAP to Total Capital, Tier 1 Capital, Common Equity Tier 1 Capital and Tier 1 leverage Capital for December 31, 2018 and 2017 is as follows: (Dollars in thousands) 2018 2017 Equity Capital (Bank only) $ 18,296 $ 17,685 Unrealized Gains (Losses) on Securities Available for Sale, Net (31 ) 7 Tangible, Tier 1 Capital and Common Equity Tier 1 18,327 17,678 Allowance for Loan Losses 768 756 Total Capital $ 19,095 $ 18,434 The specific reserves included in the Allowance for Loan Losses were not significant as of December 31, 2018 and 2017.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	12 Months Ended
	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note P - Accumulated Other Comprehensive Income (Loss) - The following is a summary of the changes in the balances of each component of accumulated other comprehensive income (loss) for the years ended December 31, 2018 and 2017: (Dollars in thousands) 2018 2017 Unrealized Gains (Losses) on Securities Available for Sale: Beginning Balance $ 7 $ 31 Other Comprehensive Income (Loss) Before Reclassifications - Net of Tax (38 ) (25 ) Adjustment to Other Comprehensive Income/Loss due to Federal Tax Law Change - 1 Other Comprehensive Income (Loss) (38 ) (24 ) Ending Balance $ (31 ) $ 7

Fair Value of Financial Stateme

Fair Value of Financial Statements	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Statements	Note Q - Fair Value of Financial Statements - Fair Value Disclosures The Bank groups its financial assets and liabilities measured at fair value in three levels. Fair value should be based on the assumptions market participants would use when pricing the asset or liability and establishes a fair value hierarchy that prioritizes the inputs used to develop those assumptions and measure fair value. The hierarchy requires companies to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows: · Level 1 - Includes the most reliable sources, and includes quoted prices in active markets for identical assets or liabilities. · Level 2 - Includes observable inputs. Observable inputs include inputs other than quoted prices that are observable for the asset or liability (for example, interest rates and yield curves at commonly quoted intervals, volatilities, prepayment speeds, loss severities, credit risks, and default rates) as well as inputs that are derived principally from or corroborated by observable market data by correlation or other means (market-corroborated inputs). · Level 3 - Includes unobservable inputs and should be used only when observable inputs are unavailable. Recurring Basis Fair values of investment securities available for sale were primarily measured using information from a third-party pricing service. This pricing service provides information by utilizing evaluated pricing models supported with market data information. Standard inputs include benchmark yields, reported trades, broker/dealer quotes, issuer spreads, benchmark securities, bids, offers, and reference data from market research publications. The following tables present the balance of assets and liabilities measured on a recurring basis as of December 31, 2018 and 2017. The Bank did not record any liabilities at fair value for which measurement of the fair value was made on a recurring basis. (In thousands) Fair Value Measurement Using Description Fair Quoted Prices in Significant Other Significant December 31, 2018 Mortgage-Backed Securities $ 4,221 $ - $ 4,221 $ - December 31, 2017 Mortgage-Backed Securities $ 5,523 $ - $ 5,523 $ - Nonrecurring Basis The Company has segregated all financial assets and liabilities that are measured at fair value on a nonrecurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date in the table below. The Company did not record any liabilities at fair value for which measurement of the fair value was made on a non-recurring basis. The fair value of the impaired loans is measured at the fair value of the collateral for collateral-dependent loans. Impaired loans are Level 2 assets measured using appraisals from external parties of the collateral less any prior liens. Repossessed assets are initially recorded at fair value less estimated costs to sell. The fair value of repossessed assets is based on property appraisals and an analysis of similar properties available. As such, the Bank records repossessed assets as Level 2. Fair Value Measurement Using (In thousands) Fair Quoted Prices in Significant Significant December 31, 2018 Assets Impaired Loans $ 90 $ - $ 90 $ - Repossessed Assets - - - - Total $ 90 $ - $ 90 $ - December 31, 2017 Assets Impaired Loans $ 334 $ - $ 334 $ - Repossessed Assets 84 - 84 - Total $ 418 $ - $ 418 $ - Fair values of financial instruments Cash, due from banks, federal funds sold and interest-earning deposits with banks - The carrying amount is a reasonable estimate of fair value. Securities - Fair value is based on quoted market price, if available. If a quoted market price is not available, fair value is estimated using quoted market prices for similar securities. Loans Receivable - Fair value is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. Cash Value of Life Insurance - The carrying amount approximates its fair value. Deposits - The fair value of demand, savings, NOW and money market accounts is the amount payable on demand at the reporting date. The fair value of fixed-maturity time deposits is estimated using the rates currently offered for deposits of similar remaining maturities. Borrowings - The carrying amounts of federal funds purchased, borrowings under repurchase agreements, and other short-term borrowings maturing within ninety days approximate their fair values. Fair values of other borrowings are estimated using discounted cash flow analyses based on current incremental borrowing rates for similar types of borrowing arrangements. Commitments to extend credit and standby letters of credit - The fair values of commitments to extend credit and standby letters of credit do not differ significantly from the commitment amount and are therefore omitted from this disclosure. The carrying amounts and estimated fair values of the Company’s financial instruments at December 31 are as follows: Fair Value Measurement Using (In thousands) Carrying Fair Quoted Prices in Significant Other Significant December 31, 2018 Financial Assets: Cash, Short-Term Investments and Federal Funds Sold $ 8,001 $ 8,001 $ 8,001 $ - $ - Securities-Available for Sale 4,221 4,221 - 4,221 - Securities-Held to Maturity 518 507 - 507 - Other Equity Securities 802 802 - - 802 Cash Value of Life Insurance 2,102 2,102 - 2,102 - Loans Held for Sale 580 580 - 580 - Loans-Net 97,533 98,841 - - 98,841 $ 113,757 $ 115,054 $ 8,001 $ 7,410 $ 99,643 Financial Liabilities: Deposits $ 77,297 $ 76,754 $ - $ - $ 76,754 Borrowed Funds 16,822 16,677 - 16,677 - $ 94,119 $ 93,431 $ - $ 16,677 $ 76,754 Fair Value Measurement Using (In thousands) Carrying Fair Quoted Prices in Significant Other Significant December 31, 2017 Financial Assets: Cash, Short-Term Investments and Federal Funds Sold $ 7,624 $ 7,624 $ 7,624 $ - $ - Securities-Available for Sale 5,523 5,523 - 5,523 - Securities-Held to Maturity 651 641 - 641 - Other Equity Securities 784 784 - - 784 Cash Value of Life Insurance 2,051 2,051 - 2,051 - Loans-Net 88,035 88,011 - - 88,011 $ 104,668 $ 104,634 $ 7,624 $ 8,215 $ 88,795 Financial Liabilities: Deposits $ 70,602 $ 70,562 $ - $ - $ 70,562 Borrowed Funds 14,064 13,944 - 13,944 - $ 84,666 $ 84,506 $ - $ 13,944 $ 70,562

Change in Corporate Structure

Change in Corporate Structure	12 Months Ended
	Dec. 31, 2018
Change In Corporate Form [Abstract]
Change in Corporate Structure	Note R – Change in Corporate Structure– On July 12, 2017 Heritage NOLA Bancorp, Inc. As part of the conversion, the Company issued and sold shares of its capital stock pursuant to an independent valuation appraisal of the Bank and the Company. The stock was priced at $10.00 per share. In addition, the Bank’s board of directors adopted an employee stock ownership plan (ESOP) which subscribed for 8% of the common stock sold in the offering. The Conversion was completed on July 12, 2017 1, The cost of the Conversion and issuing the capital stock totaled $1.1 million and was deducted from the proceeds of the offering. In accordance with OCC regulations, at the time of the Conversion, the Bank substantially restricted retained earnings by establishing a liquidation account. The liquidation account will be maintained for the benefit of eligible holders who continue to maintain their accounts at the Bank after the Conversion. The liquidation account will be reduced annually to the extent that eligible account holders have reduced their qualifying deposits. Subsequent increases will not restore an eligible account holder’s interest in the liquidation account. In the event of a complete liquidation of the Bank, and only in such event, each eligible account holder will be entitled to receive a distribution from the liquidation account in an amount proportionate to the adjusted qualifying account balances then held.. The conversion was accounted for as a change in corporate form with the historic basis of the Bank’s assets, liabilities and equity unchanged as a result.

Condensed Financial Information

Condensed Financial Information (Parent Company Only)	12 Months Ended
	Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract]
Condensed Financial Information (Parent Company Only)	Note S - Condensed Financial Information (Parent Company Only)- Presented below is condensed financial information as to the financial position, results of operations and cash flows of the Parent Company: CONDENSED BALANCE SHEET As of December 31, (in thousands) 2018 2017 Assets: Cash $ 5,879 $ 6,401 Due from Subsidiary Bank 35 85 Investments in Bank Subsidiary 18,296 17,685 Other Assets 61 - Total Assets $ 24,271 $ 24,171 Liabilities and Shareholders' Equity: Liabilities $ 154 $ - Total Shareholders Equity 24,117 24,171 Total Liabilities and Shareholders' Equity $ 24,271 $ 24,171 CONDENSED STATEMENT OF OPERATIONS Years Ended December 31, 2018 2017 Income: Equity in Net Income of Bank Subsidiary $ 649 $ 295 Interest Income 22 22 Total Income $ 671 $ 317 Expense: Compensation Expense $ 80 $ - Professional Fees 127 - Other Noninterest Expense 107 - Total Expense $ 314 $ - Income Before Income Tax Expense (Income) $ 357 $ 317 Provision for Income Tax (61 ) - Net Income $ 418 $ 317 CONDENSED STATEMENT OF CASH FLOWS Years Ended December 31, 2018 2017 Cash Flows From Operating Activities: Net Income $ 418 $ 317 Increase in Due to Bank Subsidiary 50 (85 ) Increase in Equity in Net Income of Bank Subsidiary (584 ) (295 ) Deferred Income Tax Benefit (17 ) - Increase in Other Assets (44 ) - Increase in other Liabilities 154 - Compensation expense related to stock benefit plans 80 - Net Cash provided by (used in) Operating Activities 57 (63 ) Cash Flows From Investing Activities: Investment in Bank Subsidiary - (7,660 ) Net Cash provided by (used in) Investing Activities - (7,660 ) Cash Flows From Financing Activities: Net Proceeds from Issuance of Common Stock - 14,124 Shares Repurchased (579 ) - Net Cash provided by (used in) Financing Activities (579 ) 14,124 Net Increase (Decrease) in Cash (522 ) 6,401 Cash at Beginning of Period 6,401 - Cash at End of Period $ 5,879 $ 6,401

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements as of and for the years ended December 31, 2018 and 2017, include Heritage NOLA Bancorp, Inc. and its wholly-owned subsidiary the Bank, together referred to as the Company. Intercompany transactions and balances have been eliminated in consolidation.
Significant Group Concentrations of Credit Risk	Significant Group Concentrations of Credit Risk Most of the Company's activities are with customers located within St. Tammany Parish, Louisiana. The types of securities that the Company invests in are included in Note C. The types of lending that the Company engages in are included in Note D. The Company does not have any significant concentrations to any one industry or customer. Real estate loans related to residential properties represented 69% and 78% of the total loan portfolio at December 31, 2018 and 2017, respectively.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions. Fair value estimates involve uncertainties and matters of significant judgment. Changes in assumptions or in market conditions could significantly affect the estimate.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, cash and cash equivalents, are defined as all highly liquid debt instruments, excluding securities, with original maturities at purchase of three months or less.
Interest Earning Time Deposits	Interest Earning Time Deposits Interest earning time deposits in banks with original maturities at purchase of greater than three months and are carried at cost.
Securities	Securities Securities are classified in three categories at the time of purchase and accounted for as follows: Securities that the Company has the positive intent and ability to hold to maturity are classified as held to maturity and reported at cost, adjusted for amortization of premiums and accretion of discounts which are recognized in interest income using the interest method. Securities that are bought and held by the Company primarily for the purpose of selling them in the near future are classified as trading securities and reported at fair value. Unrealized gains and losses are included in earnings. The Company had no securities classified as trading as of December 31, 2018 and 2017. Securities classified as available for sale are those securities that the Company intends to hold for an indefinite period of time but not necessarily to maturity. Any decision to sell a security classified as available for sale would be based on various factors including changes in market interest rates, liquidity needs, changes in yields or alternative investments, and for other reasons. They are reported at fair value. Amortization of premiums and accretion of discounts are recognized in interest income using the interest method. Unrealized gains and losses, net of income tax, are excluded from earnings and reported as a separate component of equity until realized. Gains and losses on the sale of securities available for sale are determined using the specific identification method. Declines in the fair value of individual held to maturity and available for sale securities below their cost that are other-than-temporary result in write-downs of the individual securities to their fair value. The related write-downs are included in earnings as realized losses. On a quarterly basis (and more frequently when economic or market conditions warrant), management evaluates the investment securities portfolio on an individual security basis for other-than- temporary impairment (OTTI). If a security is in a loss position, management will determine if OTTI exists and will consider the following. First, if it is probable that the issuer of the security will be unable to pay all amounts due according to the contractual terms of the debt security, OTTI will be recognized. Second, if management intends to sell the security and does not expect to recover the loss before the anticipated sale date, OTTI will be recognized. In both instances, OTTI will be recognized for the affected security equal to the difference between the fair value and amortized cost through a charge to earnings. Third, if a security does not meet either of the criteria above and is both in a loss position for greater than one year and at a current loss of 10% or more, management will evaluate its ability and intent to retain its investment for a period of time sufficient to allow for any anticipated recovery in fair value.
Federal Home Loan Bank of Dallas (FHLB) Stock	Federal Home Loan Bank of Dallas (FHLB) Stock FHLB stock is redeemable at par value at the discretion of the FHLB and is used to collateralize FHLB advances. The stock is carried at cost which approximates fair value. The Bank is a member of the FHLB System which requires the Bank to purchase and maintain stock in the FHLB. The requirement is generally 0.04% of total assets at the most recent December 31 plus 4.10% of outstanding FHLB advances. The Bank was in compliance with these requirements at December 31, 2018 and 2017.
Loans Receivable	Loans Receivable The Bank grants land, residential, commercial real estate, and consumer loans to customers. A substantial portion of the loan portfolio is represented by real estate loans primarily in St. Tammany Parish. The ability of the Bank's debtors to honor their contracts is dependent upon the real estate and general economic conditions in this area. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff generally are reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, and any deferred loan fees or costs on originated loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of direct loan origination costs, are deferred and amortized as a level yield adjustment over the respective term of the loan. The accrual of interest on the loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Loans are typically charged off not later than 180 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income. The interest on these loans is accounted for on the cash basis or cost recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management's periodic review of the collectability of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower's ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical charge-off experience. Other adjustments may be made to the allowance for pools of loans after an assessment of internal and external influence on credit quality that are not fully reflected in the historical loss or risk rating data. A loan is considered impaired when, based upon current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal and interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls are considered on a case by case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower's prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan by loan basis by either the present value of expected future cash flows discounted at the loan's effective interest rate, the loan's obtainable market price, or the fair value of the collateral if the loan is collateral dependent.
Mortgage Servicing Rights	Mortgage Servicing Rights Mortgage servicing rights are recognized separately when rights are acquired through the sale or servicing of financial assets. Under authorization guidance of FASB ASC 860-50, servicing rights resulting from the sale of loans originated by the Bank are initially measured at fair value at the date of transfer. The Bank subsequently measures each class of servicing asset using the amortization method. Under the amortization method, servicing rights are amortized in proportion to and over the period of estimated net servicing income. The amortized assets are assessed for impairment or increased obligation based on fair value at each reporting date. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The amortization of mortgage servicing rights is netted against loan servicing fee income.
Foreclosed Real Estate	Foreclosed Real Estate Foreclosed real estate properties acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less estimated costs to sell at the date of foreclosure. Loan losses arising from the acquisition of these properties are charged against the allowance for loan losses. After foreclosure, valuations are periodically performed by management and the real estate is carried at the lower of carrying amount or fair value less estimated costs to sell. Costs relating to development and improvement of property are capitalized, whereas costs relating to holding property are expensed.
Premises and Equipment	Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed by the straight-line method (book purposes) or accelerated methods (tax purposes) over the estimated useful lives of the assets. Land is carried at cost. The cost of assets retired or otherwise disposed of and the related accumulated depreciation are eliminated from the accounts in the year of disposal and the resulting gains or losses are included in current operations.
Bank Owned Life Insurance	Bank Owned Life Insurance The cash surrender value of bank owned life insurance policies represents the value of life insurance policies on certain current and former officers of the Company for which the Company is the beneficiary. The Company accounts for these assets using the cash surrender value method in determining the carrying value of the insurance policies.
Earnings Per Share	Earnings Per Share Basic earnings per share (“EPS”) represents income available to common shareholders divided by the weighted average number of common shares outstanding; no dilution for any potentially convertible shares is included in the calculation. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company. The potential common shares that may be issued by the Company relate to outstanding stock options. Earnings per common share were computed based on the following: Years Ended December 31, (in thousands, except per share data) 2018 2017 Numerator: Net income available to common shareholders $ 418 549 Denominator: Weighted average common shares outstanding 1,666,804 1,653,125 Less: Average unallocated ESOP shares 126,946 126,960 Weighted average shares 1,539,858 1,526,165 Effect of dilutive securities: Restrictive Stock - - Stock Options - - Weighted average common shares outstanding - assuming dilution 1,539,858 1,526,165 Basic earnings per common share $ 0.27 $ 0.36 Diluted earnings per common share $ 0.27 $ N/A
Income Taxes	Income Taxes Current income tax expense reflects taxes to be paid or refunded for the current period by applying the provisions of the enacted tax law to the taxable income or excess of deductions over revenues. The Bank determines deferred income taxes using the liability (or balance sheet) method. Under this method, the net deferred tax asset or liability is based on the tax effects of the differences between book and tax bases of assets and liabilities, and enacted changes in tax rates and laws are recognized in the period in which they occur. Deferred income tax expense results from changes in deferred tax assets and liabilities between periods. Deferred tax assets are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation process, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with the taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances, and information available at the reporting date and is subject to management's judgment. Deferred tax assets are reduced by a valuation allowance if, based on the weight of evidence available, it is more likely than not that some portion or all of a deferred tax asset will not be realized. The income tax accounting guidance related to accounting for uncertainty in income taxes sets out a consistent framework to determine the appropriate level of tax reserves to maintain for uncertain tax positions. As of December 31, 2018 and 2017, management is not aware of any uncertain tax positions that would have a material effect on the Bank's financial statements.
Advertising Costs	Advertising Costs Advertising costs are expensed as incurred.
Compensated Absences	Compensated Absences Employees of the Bank are entitled to paid vacation, paid sick days and personal days off, depending on length of service and other factors. It is impractical to estimate the amount of compensation for future absences, and, accordingly, no liability has been recorded in the accompanying financial statements. The Bank’s policy is to recognize the costs of compensated absences when actually paid to employees.
Estimates	Estimates The use of estimates in the preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, valuation of foreclosed real estate, and the valuation allowance for deferred tax assets. In connection with the determination of the allowance for loan losses and valuation of foreclosed real estate, management obtains independent appraisals for significant properties. With regard to the valuation allowance for deferred tax assets, management has developed a tax-planning strategy. In the ordinary course of business, the Bank enters into off-balance-sheet financial instruments consisting of commitments to extend credit, including unfunded commitments under lines of credit. Such financial instruments are recorded in the financial statements when they are funded.
Comprehensive Income	Comprehensive Income The Bank reports comprehensive income in accordance with the accounting guidance related to FAS ASC 220, Comprehensive Income
Recent Accounting Pronouncements	Recent Accounting Pronouncements Emerging Growth Company Status The Company qualifies as an “emerging growth company” under the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”). For as long as the Company is an emerging growth company, it may choose to take advantage of exemptions from various reporting requirements applicable to other public companies but not to emerging growth companies. An emerging growth company may elect to use the extended transition period to delay adoption of new or revised accounting pronouncements applicable to public companies until such pronouncements are made applicable to private companies, but must make such election when the company is first required to file a registration statement. The Company has elected to use the extended transition period described above and intends to maintain its emerging growth company status as allowed under the JOBS Act. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments - Overall (Subtopic 825- 10), Recognition and Measurement of Financial Assets and Financial Liabilities. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), Conforming Amendments Related to Leases In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In June 2018, FASB issued ASU No. 2018-07, “Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-based Payment In August 2018, FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement
Reclassifications	Reclassifications Certain reclassifications have been made to the 2017 financial information in order to conform to the 2018 financial statement presentation. Such reclassifications had no effect on previously reported net income.
Subsequent Events	Subsequent Events In preparing the financial statements, the Bank has evaluated events and transactions for potential recognition or disclosure through March 29, 2019, the date the financial statements were available to be issued.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Schedule of earnings per common share were computed based	Years Ended December 31, (in thousands, except per share data) 2018 2017 Numerator: Net income available to common shareholders $ 418 549 Denominator: Weighted average common shares outstanding 1,666,804 1,653,125 Less: Average unallocated ESOP shares 126,946 126,960 Weighted average shares 1,539,858 1,526,165 Effect of dilutive securities: Restrictive Stock - - Stock Options - - Weighted average common shares outstanding - assuming dilution 1,539,858 1,526,165 Basic earnings per common share $ 0.27 $ 0.36 Diluted earnings per common share $ 0.27 $ N/A

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and fair value of investment securities	December 31, 2018 Gross Gross Amortized Unrealized Unrealized Fair (in thousands) Cost Gains (Losses) Value Available for Sale: Mortgage-Backed Securities $ 4,260 $ 38 $ (77 ) $ 4,221 Held to Maturity: Mortgage-Backed Securities $ 518 $ 1 $ (12 ) $ 507 December 31, 2017 Gross Gross Amortized Unrealized Unrealized Fair (in thousands) Cost Gains (Losses) Value Available for Sale: Mortgage-Backed Securities $ 5,514 $ 57 $ (48 ) $ 5,523 Held to Maturity: Mortgage-Backed Securities $ 651 $ - $ (10 ) $ 641
Schedule of available for sale and held to maturity	Amortized Fair (in thousands) Cost Value Available for Sale: Within One Year $ 1 $ 1 After One Year Through Five Years 179 172 After Five Years Through Ten Years 1,758 1,711 After Ten Years 2,322 2,337 $ 4,260 $ 4,221 Held to Maturity: After Five Years Through Ten Years $ 289 $ 282 After Ten Years 229 225 $ 518 $ 507
Schedule of available for sale securities in an unrealized loss position	December 31, 2018 Less Than 12 Months 12 Months or Longer Total (in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Available for Sale: Mortgage-Backed Securities $ 549 $ 3 $ 2,526 $ 74 $ 3,075 $ 77 Held to Maturity: Mortgage-Backed Securities $ - $ - $ 418 $ 12 $ 418 $ 12 December 31, 2017 Less Than 12 Months 12 Months or Longer Total (in thousands) Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Available for Sale: Mortgage-Backed Securities $ 2,245 $ 20 $ 1,223 $ 28 $ 3,468 $ 48 Held to Maturity: Mortgage-Backed Securities $ 355 $ 3 $ 275 $ 7 $ 630 $ 10

Loans Receivable (Tables)

Loans Receivable (Tables)	12 Months Ended
	Dec. 31, 2018
Receivables [Abstract]
Schedule of loans receivable	(in thousands) December 31, 2018 December 31, 2017 Real Estate: Secured by one-to four family residential properties Owner-occupied $ 52,956 $ 50,863 Non-owner-occupied 13,485 12,405 Home Equity Lines of Credit 2,973 2,487 Commercial (Nonresidential) Properties 21,868 16,364 Land 2,211 2,605 Construction 2,947 1,703 Multi-family 1,524 1,665 Commercial 1,964 1,392 Consumer Loans 354 451 Total Loans 100,282 89,935 Less: Net Deferred Loan Fees (380 ) (443 ) Loans in Process (1,601 ) (701 ) Allowance for Loan Losses (768 ) (756 ) Net Loans $ 97,533 $ 88,035
Schedule of allowance for credit losses on financing receivables	Real Estate Commercial Land One-to-Four Construction Multi-Family Consumer Commercial Total Allowance for Credit Losses: Beginning Balance $ 94 $ 56 $ 545 $ 8 $ 4 $ 1 $ 48 $ 756 Charge-offs (1 ) - - - - (8 ) - (9 ) Recoveries 3 - 13 - - - - 16 Provision 17 (33 ) (39 ) 8 1 16 35 5 Ending Balance $ 113 $ 23 $ 519 $ 16 $ 5 $ 9 $ 83 $ 768 Ending Balance: Individually Evaluated for Impairment $ - $ - $ 10 $ - $ - $ - $ - $ 10 Ending Balance: Collectively Evaluated $ 113 $ 23 $ 509 $ 16 $ 5 $ 9 $ 83 $ 758 Loans Receivable: Ending Balance $ 21,868 $ 2,211 $ 69,414 $ 2,947 $ 1,524 $ 354 $ 1,964 $ 100,282 Ending Balance: Individually Evaluated $ - $ - $ 100 $ - $ - $ - $ - $ 100 Ending Balance: Collectively Evaluated $ 21,868 $ 2,211 $ 69,314 $ 2,947 $ 1,524 $ 354 $ 1,964 $ 100,182 Real Estate Commercial Land One-to-Four Construction Multi-Family Consumer Commercial Total Allowance for Credit Losses: Beginning Balance $ 43 $ 101 $ 528 $ 8 $ 3 $ - $ 9 $ 692 Charge-offs (16 ) - - - - - - (16 ) Recoveries - - - - - - - - Provision 67 (45 ) 17 - 1 1 39 80 Ending Balance $ 94 $ 56 $ 545 $ 8 $ 4 $ 1 $ 48 $ 756 Ending Balance: Individually Evaluated for Impairment $ 13 $ 2 $ 23 $ - $ - $ - $ - $ 38 Ending Balance: Collectively Evaluated $ 81 $ 54 $ 522 $ 8 $ 4 $ 1 $ 48 $ 718 Loans Receivable: Ending Balance $ 16,364 $ 2,605 $ 65,755 $ 1,703 $ 1,665 $ 451 $ 1,392 $ 89,935 Ending Balance: Individually Evaluated for Impairment $ 131 $ 16 $ 225 $ - $ - $ - $ - $ 372 Ending Balance: Collectively Evaluated $ 16,233 $ 2,589 $ 65,530 $ 1,703 $ 1,665 $ 451 $ 1,392 $ 89,563
Schedule of credit risk profile by internally assigned grade	December 31, 2018 Real Estate Commercial Land One-to-Four Construction Multi-Family Consumer Commercial Total Pass $ 21,868 $ 2,189 $ 68,774 $ 2,947 $ 1,524 $ 354 $ 1,964 $ 99,620 Special Mention - - - - - - - - Substandard - 22 640 - - - - 662 Doubtful - - - - - - - - Loss - - - - - - - - $ 21,868 $ 2,211 $ 69,414 $ 2,947 $ 1,524 $ 354 $ 1,964 $ 100,282 December 31, 2017 Real Estate Commercial Land One-to-Four Construction Multi-Family Consumer Commercial Total Pass $ 16,065 $ 2,541 $ 65,259 $ 1,703 $ 1,665 $ 451 $ 1,392 $ 89,076 Special Mention - - - - - - - - Substandard 299 64 496 - - - - 859 Doubtful - - - - - - - - Loss - - - - - - - - $ 16,364 $ 2,605 $ 65,755 $ 1,703 $ 1,665 $ 451 $ 1,392 $ 89,935
Schedule of aging analysis of past due financing receivables	December 31, 2018 Accruing 30-89 90 Days Total Days and Over Total Nonaccrual Loans Past Due Past Due Past Due Current Status Receivable Real Estate: Commercial $ 222 $ - $ 222 $ 21,646 $ - $ 21,868 Land 15 - 15 2,196 - 2,211 Residential 2,116 - 2,116 67,198 100 69,414 Construction - - - 2,947 - 2,947 Multi-family - - - 1,524 - 1,524 Consumer 66 - 66 288 - 354 Commercial - - - 1,964 - 1,964 $ 2,419 $ - $ 2,419 $ 97,763 $ 100 $ 100,282 December 31, 2017 Accruing 30-89 90 Days Total Days and Over Total Nonaccrual Loans Past Due Past Due Past Due Current Status Receivable Real Estate: Commercial $ 237 $ - $ 237 $ 15,996 $ 131 $ 16,364 Land 103 18 121 2,468 16 2,605 Residential 1,744 - 1,744 63,786 225 65,755 Construction - - - 1,703 - 1,703 Multi-family - - - 1,665 - 1,665 Consumer 20 - 20 431 - 451 Commercial - - - 1,392 - 1,392 $ 2,104 $ 18 $ 2,122 $ 87,441 $ 372 $ 89,935
Schedule of impaired loans	As Of And For The Year Ended December 31, 2018 Unpaid Allowance Average Interest Recorded Principal Losses Recorded Income Loans with an allowance recorded: Real estate Commercial $ - $ - $ - $ - $ - Land - - - - - 1-4 family residential 100 100 10 99 - Multi-Family - - - - - Construction - - - - - Consumer and Commercial - - - - - Loans with no allowance recorded: Real estate Commercial - - - - - Land - - - - - 1-4 family residential - - - - - Multi-Family - - - - - Construction - - - - - Consumer and Commercial - - - - - Totals $ 100 $ 100 $ 10 $ 99 $ - As Of And For The Year Ended December 31, 2017 Unpaid Allowance Average Interest Recorded Principal Losses Recorded Income Loans with an allowance recorded: Real estate Commercial $ 131 $ 147 $ 13 $ 145 $ - Land 16 21 2 14 - 1-4 family residential 225 228 23 218 - Multi-Family - - - - - Construction - - - - - Consumer and Commercial - - - - - Loans with no allowance recorded: Real estate Commercial - - - - - Land - - - - - 1-4 family residential - - - - - Multi-Family - - - - - Construction - - - - - Consumer and Commercial - - - - - Totals $ 372 $ 396 $ 38 $ 377 $ -

Accrued Interest Receivable (Ta

Accrued Interest Receivable (Tables)	12 Months Ended
	Dec. 31, 2018
Accrued Interest Receivable [Abstract]
Schedule of accrued interest receivable	(Dollars in thousands) 2018 2017 Securities Available for Sale $ 11 $ 12 Securities Held to Maturity 1 2 Interest Bearing Deposits 8 6 Loans Receivable 378 350 $ 398 $ 370

Servicing (Tables)

Servicing (Tables)	12 Months Ended
	Dec. 31, 2018
Transfers and Servicing [Abstract]
Schedule of change in mortgage servicing rights	(Dollars in thousands) 2018 2017 Beginning Balance $ 348 $ 325 Additions 55 50 Amortization (30 ) (27 ) Ending Balance $ 373 $ 348

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of major classes of premises and equipment	Estimated (Dollars in thousands) Life 2018 2017 Land $ 1,570 $ 730 Buildings 25 - 39 Years 5,601 5,429 Furniture and Fixtures 3 - 10 Years 776 714 7,947 6,873 Less Accumulated Depreciation 2,810 2,764 $ 5,137 $ 4,109

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2018
Leases [Abstract]
Schedule of future minimum receipts under leases	(Dollars in thousands) 2019 $ 53 2020 18 $ 71

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2018
Banking and Thrift [Abstract]
Schedule of maturities of certificates of deposit	(Dollars in thousands) 3 months or less $ 5,846 3 months through 12 months 24,321 1 year through 3 years 18,662 Over 3 years 5,585 $ 54,414
Schedule of interest expense of major classification of interest-bearing deposits	(Dollars in thousands) 2018 2017 Interest Bearing DDAs $ 9 $ 7 Savings Accounts 37 35 Certificates of Deposit 894 777 $ 940 $ 819

Borrowed Funds (Tables)

Borrowed Funds (Tables)	12 Months Ended
	Dec. 31, 2018
Borrowed Funds [Abstract]
Schedule of maturities of the advances	(Dollars in thousands) 2019 $ 7,864 2020 4,846 2021 615 2022 722 2023 2,775 $ 16,822

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of provision for income tax	(Dollars in thousands) 2018 2017 Current Tax Provision $ 86 $ 302 Deferred Tax Expense (Benefit) 15 (35 ) Provision $ 101 $ 267
Schedule of provision for federal income taxes differs from federal statutory rates to income before federal income tax expense	(Dollars in thousands) 2018 2017 Federal Stautory Income Tax $ 109 21.0 % $ 277 34.0 % Tax Exempt Income (11 ) -2.1 % (17 ) -2.1 % Adjustment to Deferred Taxes for Change in Statutory Rate - 0.0 % 12 1.5 % Other - Net 3 0.6 % (5 ) -0.6 % $ 101 19.5 % $ 267 32.8 %
Schedule of deferred tax assets and liabilities	(Dollars in thousands) 2018 2017 Deferred Tax Assets: Allowance for Loan Losses $ 161 $ 159 Deferred Loan Fees and Costs, net 27 26 Nondeductible Writedowns on Foreclosed Real Estate - 3 Deferred Compensation 165 144 Net Unrealized Losses on Securities 8 - 361 332 Deferred Tax Liabilities: Tax over Book Depreciation 199 171 Dividends on FHLB Stock 31 27 Mortgage Servicing Rights 78 73 Net Unrealized Gains on Securities - 2 308 273 Valuation Allowance - - Net Deferred Tax Asset $ 53 $ 59

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Schedule of stock option activity	Weighted Average Options Exercise Price Options outstanding at January 1, 2018 0 $ - Granted 145,825 12.46 Exercised 0 - Forfeited 0 - Expired 0 - Options outstanding at December 31, 2018 145,825 $ 12.46
Schedule of share based awards fair value assumptions	Stock Options Stock Options Granted Granted August 16, 2018 September 18, 2018 Expected volatility 12.44 % 11.94 % Risk-free interest rate 2.87 % 3.05 % Expected dividend yield 0 % 0 % Expected life (in years) 10 10 Exercise price for the stock options $ 12.48 $ 12.45
Schedule of restricted share activity	Weighted Average Restricted Fair Value at Stock Awards Grant Date Non-vested at January 1, 2018 0 $ - Granted 66,111 12.46 Vested 0 - Forfeited 0 - Non-vested at December 31, 2018 66,111 $ 12.46

Related Party Transaction (Tabl

Related Party Transaction (Tables)	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Schedule of deposits and loans of officers and directors	(Dollars in thousands) 2018 2017 Deposits $ 1,418 $ 1,247 Loans: Beginning Loan Balance $ 113 $ 1,375 New Loans - 70 Principal Advances 15 - Repayments (12 ) (1,332 ) Ending Loan Balance $ 116 $ 113

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2018
Banking and Thrift [Abstract]
Schedule of Bank's actual and required capital amounts and ratios	Actual For Capital Adequacy Purposes To Be Well Capitalized Under Prompt Corrective Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of December 31, 2018 Total Capital (to Risk-Weighted Assets) Bank $ 19,095 26.06 % $ 5,862 8.0 % $ 7,327 10.0 % Tier I Capital (to Risk-Weighted Assets) Bank $ 18,327 25.01 % $ 4,396 6.0 % $ 5,862 8.0 % Common Equity Tier 1 (to Risk-Weighted Assets) Bank $ 18,327 25.01 % $ 3,297 4.5 % $ 4,763 6.5 % Tier I Leverage Capital (to Adjusted Total Assets) Bank $ 18,327 15.60 % $ 4,699 4.0 % $ 5,874 5.0 % As of December 31, 2017 Total Capital (to Risk-Weighted Assets) Bank $ 18,434 28.60 % $ 5,157 8.0 % $ 6,446 10.0 % Tier I Capital (to Risk-Weighted Assets) Bank $ 17,678 27.42 % $ 3,868 6.0 % $ 5,157 8.0 % Common Equity Tier 1 (to Risk-Weighted Assets) Bank $ 17,678 27.42 % $ 2,901 4.5 % $ 4,190 6.5 % Tier I Leverage Capital (to Adjusted Total Assets) Bank $ 17,678 16.19 % $ 4,368 4.0 % $ 5,461 5.0 %
Schedule of reconciliation of Bank's total capital	(Dollars in thousands) 2018 2017 Equity Capital (Bank only) $ 18,296 $ 17,685 Unrealized Gains (Losses) on Securities Available for Sale, Net (31 ) 7 Tangible, Tier 1 Capital and Common Equity Tier 1 18,327 17,678 Allowance for Loan Losses 768 756 Total Capital $ 19,095 $ 18,434

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of component of accumulated other comprehensive income (loss)	(Dollars in thousands) 2018 2017 Unrealized Gains (Losses) on Securities Available for Sale: Beginning Balance $ 7 $ 31 Other Comprehensive Income (Loss) Before Reclassifications - Net of Tax (38 ) (25 ) Adjustment to Other Comprehensive Income/Loss due to Federal Tax Law Change - 1 Other Comprehensive Income (Loss) (38 ) (24 ) Ending Balance $ (31 ) $ 7

Fair Value of Financial State_2

Fair Value of Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Schedule of assets and liabilities measured at fair value on a recurring basis	(In thousands) Fair Value Measurement Using Description Fair Quoted Prices in Significant Other Significant December 31, 2018 Mortgage-Backed Securities $ 4,221 $ - $ 4,221 $ - December 31, 2017 Mortgage-Backed Securities $ 5,523 $ - $ 5,523 $ -
Schedule of assets and liabilities measured at fair value on a non - recurring basis	Fair Value Measurement Using (In thousands) Fair Quoted Prices in Significant Significant December 31, 2018 Assets Impaired Loans $ 90 $ - $ 90 $ - Repossessed Assets - - - - Total $ 90 $ - $ 90 $ - December 31, 2017 Assets Impaired Loans $ 334 $ - $ 334 $ - Repossessed Assets 84 - 84 - Total $ 418 $ - $ 418 $ -
Schedule of carrying amounts and estimated fair values financial instruments	Fair Value Measurement Using (In thousands) Carrying Fair Quoted Prices in Significant Other Significant December 31, 2018 Financial Assets: Cash, Short-Term Investments and Federal Funds Sold $ 8,001 $ 8,001 $ 8,001 $ - $ - Securities-Available for Sale 4,221 4,221 - 4,221 - Securities-Held to Maturity 518 507 - 507 - Other Equity Securities 802 802 - - 802 Cash Value of Life Insurance 2,102 2,102 - 2,102 - Loans Held for Sale 580 580 - 580 - Loans-Net 97,533 98,841 - - 98,841 $ 113,757 $ 115,054 $ 8,001 $ 7,410 $ 99,643 Financial Liabilities: Deposits $ 77,297 $ 76,754 $ - $ - $ 76,754 Borrowed Funds 16,822 16,677 - 16,677 - $ 94,119 $ 93,431 $ - $ 16,677 $ 76,754 Fair Value Measurement Using (In thousands) Carrying Fair Quoted Prices in Significant Other Significant December 31, 2017 Financial Assets: Cash, Short-Term Investments and Federal Funds Sold $ 7,624 $ 7,624 $ 7,624 $ - $ - Securities-Available for Sale 5,523 5,523 - 5,523 - Securities-Held to Maturity 651 641 - 641 - Other Equity Securities 784 784 - - 784 Cash Value of Life Insurance 2,051 2,051 - 2,051 - Loans-Net 88,035 88,011 - - 88,011 $ 104,668 $ 104,634 $ 7,624 $ 8,215 $ 88,795 Financial Liabilities: Deposits $ 70,602 $ 70,562 $ - $ - $ 70,562 Borrowed Funds 14,064 13,944 - 13,944 - $ 84,666 $ 84,506 $ - $ 13,944 $ 70,562

Condensed Financial Informati_2

Condensed Financial Information (Parent Company Only) (Tables)	12 Months Ended
	Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract]
Schedule of Condensed Balance Sheet	CONDENSED BALANCE SHEET As of December 31, (in thousands) 2018 2017 Assets: Cash $ 5,879 $ 6,401 Due from Subsidiary Bank 35 85 Investments in Bank Subsidiary 18,296 17,685 Other Assets 61 - Total Assets $ 24,271 $ 24,171 Liabilities and Shareholders' Equity: Liabilities $ 154 $ - Total Shareholders Equity 24,117 24,171 Total Liabilities and Shareholders' Equity $ 24,271 $ 24,171
Schedule of Condensed Statement of Income	CONDENSED STATEMENT OF OPERATIONS Years Ended December 31, 2018 2017 Income: Equity in Net Income of Bank Subsidiary $ 649 $ 295 Interest Income 22 22 Total Income $ 671 $ 317 Expense: Compensation Expense $ 80 $ - Professional Fees 127 - Other Noninterest Expense 107 - Total Expense $ 314 $ - Income Before Income Tax Expense (Income) $ 357 $ 317 Provision for Income Tax (61 ) - Net Income $ 418 $ 317
Schedule of Condensed Statement of Cash Flows	CONDENSED STATEMENT OF CASH FLOWS Years Ended December 31, 2018 2017 Cash Flows From Operating Activities: Net Income $ 418 $ 317 Increase in Due to Bank Subsidiary 50 (85 ) Increase in Equity in Net Income of Bank Subsidiary (584 ) (295 ) Deferred Income Tax Benefit (17 ) - Increase in Other Assets (44 ) - Increase in other Liabilities 154 - Compensation expense related to stock benefit plans 80 - Net Cash provided by (used in) Operating Activities 57 (63 ) Cash Flows From Investing Activities: Investment in Bank Subsidiary - (7,660 ) Net Cash provided by (used in) Investing Activities - (7,660 ) Cash Flows From Financing Activities: Net Proceeds from Issuance of Common Stock - 14,124 Shares Repurchased (579 ) - Net Cash provided by (used in) Financing Activities (579 ) 14,124 Net Increase (Decrease) in Cash (522 ) 6,401 Cash at Beginning of Period 6,401 - Cash at End of Period $ 5,879 $ 6,401

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Numerator:
Net income available to common shareholders	$ 418	$ 549
Denominator:
Weighted average common shares outstanding	1,666,804	1,653,125
Less: Average unallocated ESOP shares	126,946	126,960
Weighted average shares	1,539,858	1,526,165
Effect of dilutive securities:
Restrictive Stock	0	0
Stock Options	0	0
Weighted average common shares outstanding - assuming dilution	1,539,858	1,526,165
Basic earnings per common share	$ 0.27	$ 0.36
Diluted earnings per common share	$ 0.27

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Detail Textuals) - $ / shares	Jul. 12, 2017	Dec. 31, 2018	Dec. 31, 2017
Summary Of Significant Accounting Policies [Line Items]
Numbers of shares issued on mutual-to-stock conversion	1,653,125
Stock issued price per share on mutual-to-stock conversion	$ 10
Purchase and maintain stock percent of total assets		0.04%
Percentage of outstanding FHLB advances		4.10%
Real Estate | Residential
Summary Of Significant Accounting Policies [Line Items]
Percentage of loan portfolio		69.00%	78.00%

Commitments and Contingencies (

Commitments and Contingencies (Detail Textuals) - Heritage Bank of St.Tammany (Bank)	12 Months Ended
	Dec. 31, 2018USD ($)
Long-term Purchase Commitment [Line Items]
Loan commitments at fixed rate	$ 75,000
Loan commitments at fixed rate, percentage	6.125%
Line of credit renewed	$ 3,000,000,000
Construction loans
Long-term Purchase Commitment [Line Items]
Loan commitments at average rate	$ 1,601,000
Loan commitments at average rate, percentage	5.11%
Home equity line of credit
Long-term Purchase Commitment [Line Items]
Unfunded commitments under lines of credit at effective variable rate	$ 3,260,000,000
Unfunded commitments under lines of credit at effective variable rate, percentage	5.71%
Commercial lines of credit
Long-term Purchase Commitment [Line Items]
Unfunded commitments under lines of credit at effective variable rate	$ 1,232,000,000
Unfunded commitments under lines of credit at effective variable rate, percentage	5.56%

Investment Securities (Details)

Investment Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Available for Sale:
Fair Value	$ 4,221	$ 5,523
Mortgage-Backed Securities
Available for Sale:
Amortized Cost	4,260	5,514
Gross Unrealized Gains	38	57
Gross Unrealized (Losses)	(77)	(48)
Fair Value	$ 4,221	$ 5,523

Investment Securities (Details

Investment Securities (Details 1) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Held to Maturity:
Amortized Cost	$ 518	$ 651
Mortgage-Backed Securities
Held to Maturity:
Amortized Cost	518	651
Gross Unrealized Gains	1	0
Gross Unrealized (Losses)	(12)	(10)
Fair Value	$ 507	$ 641

Investment Securities (Detail_2

Investment Securities (Details 2) $ in Thousands	Dec. 31, 2018USD ($)
Available for Sale: Amortized Cost
Within One Year	$ 1
After One Year Through Five Years	179
After Five Years Through Ten Years	1,758
After Ten Years	2,322
Amortized Cost	4,260
Available for Sale: Fair Value
Within One Year	1
After One Year Through Five Years	172
After Five Years Through Ten Years	1,711
After Ten Years	2,337
Fair Value	$ 4,221

Investment Securities (Detail_3

Investment Securities (Details 3) $ in Thousands	Dec. 31, 2018USD ($)
Held to Maturity: Amortized Cost
After Five Years Through Ten Years	$ 289
After Ten Years	229
Amortized Cost	518
Held to Maturity: Fair Value
After Five Years Through Ten Years	282
After Ten Years	225
Fair Value	$ 507

Investment Securities (Detail_4

Investment Securities (Details 4) - Mortgage-Backed Securities - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Available-for-sale, Fair Value:
Less Than 12 Months, Fair Value	$ 549	$ 2,245
12 Months or Longer, Fair Value	2,526	1,223
Total, Fair Value	3,075	3,468
Available-for-sale, Unrealized Loss:
Less Than 12 Months, Unrealized Loss	3	20
12 Months or Longer, Unrealized Loss	74	28
Total, Unrealized Loss	$ 77	$ 48

Investment Securities (Detail_5

Investment Securities (Details 5) - Mortgage-Backed Securities - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Held-to-maturity, Fair Value:
Less Than 12 Months, Fair Value	$ 0	$ 355
12 Months or Longer, Fair Value	418	275
Total, Fair Value	418	630
Held-to-maturity,Unrealized Loss:
Less Than 12 Months, Unrealized Loss	0	3
12 Months or Longer, Unrealized Loss	12	7
Total, Unrealized Loss	$ 12	$ 10

Loans Receivable (Details)

Loans Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 100,282	$ 89,935
Less: Net Deferred Loan Fees	(380)	(443)
Loans in Process	(1,601)	(701)
Allowance for Loan Losses	(768)	(756)
Total Loans, Net	97,533	88,035
Real Estate | Secured by One-to four family residential properties Owner-occupied
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	52,956	50,863
Real Estate | Secured by One-to four family residential properties Non-owner-occupied
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	13,485	12,405
Real Estate | Secured by One-to four family residential properties Home Equity Lines of Credit
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,973	2,487
Real Estate | Commercial (Nonresidential) Properties
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	21,868	16,364
Real Estate | Land
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,211	2,605
Real Estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,947	1,703
Real Estate | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	1,524	1,665
Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	1,964	1,392
Consumer Loans
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 354	$ 451

Loans Receivable - Allocation a

Loans Receivable - Allocation and rollforward of the allowance for loan losses by loan type (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Allowance for Credit Losses:
Beginning Balance	$ 756	$ 692
Charge-offs	(9)	(16)
Recoveries	16	0
Provision	5	80
Ending Balance	768	756
Ending Balance: Individually Evaluated for Impairment	10	38
Ending Balance: Collectively Evaluated for Impairment	758	718
Loans Receivable:
Ending Balance	100,282	89,935
Ending Balance: Individually Evaluated for Impairment	100	372
Ending Balance: Collectively Evaluated for Impairment	100,182	89,563
Real Estate | Commercial
Allowance for Credit Losses:
Beginning Balance	94	43
Charge-offs	(1)	(16)
Recoveries	3	0
Provision	17	67
Ending Balance	113	94
Ending Balance: Individually Evaluated for Impairment	0	13
Ending Balance: Collectively Evaluated for Impairment	113	81
Loans Receivable:
Ending Balance	21,868	16,364
Ending Balance: Individually Evaluated for Impairment	0	131
Ending Balance: Collectively Evaluated for Impairment	21,868	16,233
Real Estate | Land
Allowance for Credit Losses:
Beginning Balance	56	101
Charge-offs	0	0
Recoveries	0	0
Provision	(33)	(45)
Ending Balance	23	56
Ending Balance: Individually Evaluated for Impairment	0	2
Ending Balance: Collectively Evaluated for Impairment	23	54
Loans Receivable:
Ending Balance	2,211	2,605
Ending Balance: Individually Evaluated for Impairment	0	16
Ending Balance: Collectively Evaluated for Impairment	2,211	2,589
Real Estate | One-to-Four Family
Allowance for Credit Losses:
Beginning Balance	545	528
Charge-offs	0	0
Recoveries	13	0
Provision	(39)	17
Ending Balance	519	545
Ending Balance: Individually Evaluated for Impairment	10	23
Ending Balance: Collectively Evaluated for Impairment	509	522
Loans Receivable:
Ending Balance	69,414	65,755
Ending Balance: Individually Evaluated for Impairment	100	225
Ending Balance: Collectively Evaluated for Impairment	69,314	65,530
Real Estate | Construction
Allowance for Credit Losses:
Beginning Balance	8	8
Charge-offs	0	0
Recoveries	0	0
Provision	8	0
Ending Balance	16	8
Ending Balance: Individually Evaluated for Impairment	0	0
Ending Balance: Collectively Evaluated for Impairment	16	8
Loans Receivable:
Ending Balance	2,947	1,703
Ending Balance: Individually Evaluated for Impairment	0	0
Ending Balance: Collectively Evaluated for Impairment	2,947	1,703
Real Estate | Multi-family
Allowance for Credit Losses:
Beginning Balance	4	3
Charge-offs	0	0
Recoveries	0	0
Provision	1	1
Ending Balance	5	4
Ending Balance: Individually Evaluated for Impairment	0	0
Ending Balance: Collectively Evaluated for Impairment	5	4
Loans Receivable:
Ending Balance	1,524	1,665
Ending Balance: Individually Evaluated for Impairment	0	0
Ending Balance: Collectively Evaluated for Impairment	1,524	1,665
Consumer
Allowance for Credit Losses:
Beginning Balance	1	0
Charge-offs	(8)	0
Recoveries	0	0
Provision	16	1
Ending Balance	9	1
Ending Balance: Individually Evaluated for Impairment	0	0
Ending Balance: Collectively Evaluated for Impairment	9	1
Loans Receivable:
Ending Balance	354	451
Ending Balance: Individually Evaluated for Impairment	0	0
Ending Balance: Collectively Evaluated for Impairment	354	451
Commercial
Allowance for Credit Losses:
Beginning Balance	48	9
Charge-offs	0	0
Recoveries	0	0
Provision	35	39
Ending Balance	83	48
Ending Balance: Individually Evaluated for Impairment	0	0
Ending Balance: Collectively Evaluated for Impairment	83	48
Loans Receivable:
Ending Balance	1,964	1,392
Ending Balance: Individually Evaluated for Impairment	0	0
Ending Balance: Collectively Evaluated for Impairment	$ 1,964	$ 1,392

Loans Receivable - Credit quali

Loans Receivable - Credit quality indicators (Details 2) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 100,282	$ 89,935
Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	99,620	89,076
Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	662	859
Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Loss
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	21,868	16,364
Real Estate | Land
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,211	2,605
Real Estate | One-to-Four Family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	69,414	65,755
Real Estate | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,947	1,703
Real Estate | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	1,524	1,665
Real Estate | Pass | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	21,868	16,065
Real Estate | Pass | Land
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,189	2,541
Real Estate | Pass | One-to-Four Family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	68,774	65,259
Real Estate | Pass | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	2,947	1,703
Real Estate | Pass | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	1,524	1,665
Real Estate | Special Mention | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Special Mention | Land
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Special Mention | One-to-Four Family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Special Mention | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Special Mention | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Substandard | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	299
Real Estate | Substandard | Land
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	22	64
Real Estate | Substandard | One-to-Four Family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	640	496
Real Estate | Substandard | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Substandard | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Doubtful | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Doubtful | Land
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Doubtful | One-to-Four Family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Doubtful | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Doubtful | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Loss | Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Loss | Land
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Loss | One-to-Four Family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Loss | Construction
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Real Estate | Loss | Multi-family
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	354	451
Consumer | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	354	451
Consumer | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Consumer | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Consumer | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Consumer | Loss
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Commercial
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	1,964	1,392
Commercial | Pass
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	1,964	1,392
Commercial | Special Mention
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Commercial | Substandard
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Commercial | Doubtful
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	0	0
Commercial | Loss
Loans and Leases Receivable Disclosure [Line Items]
Total Loans	$ 0	$ 0

Loans Receivable - Aging analys

Loans Receivable - Aging analysis of loans (Details 3) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 2,419	$ 2,122
Current	97,763	87,441
Nonaccrual Status	100	372
Total Loans Receivable	100,282	89,935
30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,419	2,104
90 Days and Over Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	18
Real Estate | Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	222	237
Current	21,646	15,996
Nonaccrual Status	0	131
Total Loans Receivable	21,868	16,364
Real Estate | Commercial | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	222	237
Real Estate | Commercial | 90 Days and Over Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real Estate | Land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	15	121
Current	2,196	2,468
Nonaccrual Status	0	16
Total Loans Receivable	2,211	2,605
Real Estate | Land | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	15	103
Real Estate | Land | 90 Days and Over Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	18
Real Estate | Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,116	1,744
Current	67,198	63,786
Nonaccrual Status	100	225
Total Loans Receivable	69,414	65,755
Real Estate | Residential | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,116	1,744
Real Estate | Residential | 90 Days and Over Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real Estate | Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	2,947	1,703
Nonaccrual Status	0	0
Total Loans Receivable	2,947	1,703
Real Estate | Construction | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real Estate | Construction | 90 Days and Over Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real Estate | Multi-family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	1,524	1,665
Nonaccrual Status	0	0
Total Loans Receivable	1,524	1,665
Real Estate | Multi-family | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Real Estate | Multi-family | 90 Days and Over Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	66	20
Current	288	431
Nonaccrual Status	0	0
Total Loans Receivable	354	451
Consumer | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	66	20
Consumer | 90 Days and Over Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	1,964	1,392
Nonaccrual Status	0	0
Total Loans Receivable	1,964	1,392
Commercial | 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Commercial | 90 Days and Over Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 0	$ 0

Loans Receivable - Impaired loa

Loans Receivable - Impaired loans disaggregated by class (Details 4) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Loans with an allowance recorded:
Related Allowance	$ 10	$ 38
Total Impaired Loans:
Recorded Investment	100	372
Unpaid Principal Balance	100	396
Related Allowance	10	38
Average Recorded Investment	99	377
Interest Income Recognized	0	0
Real Estate | Commercial
Loans with an allowance recorded:
Recorded Investment	0	131
Unpaid Principal Balance	0	147
Related Allowance	0	13
Average Recorded Investment	0	145
Interest Income Recognized	0	0
Loans with no allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total Impaired Loans:
Related Allowance	0	13
Real Estate | Land
Loans with an allowance recorded:
Recorded Investment	0	16
Unpaid Principal Balance	0	21
Related Allowance	0	2
Average Recorded Investment	0	14
Interest Income Recognized	0	0
Loans with no allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total Impaired Loans:
Related Allowance	0	2
Real Estate | 1-4 family residential
Loans with an allowance recorded:
Recorded Investment	100	225
Unpaid Principal Balance	100	228
Related Allowance	10	23
Average Recorded Investment	99	218
Interest Income Recognized	0	0
Loans with no allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total Impaired Loans:
Related Allowance	10	23
Real Estate | Multi-family
Loans with an allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Loans with no allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total Impaired Loans:
Related Allowance	0	0
Real Estate | Construction
Loans with an allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Loans with no allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total Impaired Loans:
Related Allowance	0	0
Consumer and Commercial
Loans with an allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Related Allowance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Loans with no allowance recorded:
Recorded Investment	0	0
Unpaid Principal Balance	0	0
Average Recorded Investment	0	0
Interest Income Recognized	0	0
Total Impaired Loans:
Related Allowance	$ 0	$ 0

Loans Receivable (Detail Textua

Loans Receivable (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Receivables [Abstract]
Discounts on loans purchased amount	$ 251,000	$ 322,000

Accrued Interest Receivable (De

Accrued Interest Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Interest Receivable and Other Assets [Abstract]
Securities Available for Sale	$ 11	$ 12
Securities Held to Maturity	1	2
Interest Bearing Deposits	8	6
Loans Receivable	378	350
Accrued Interest Receivable	$ 398	$ 370

Servicing (Details)

Servicing (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Valuation Allowance for Impairment of Recognized Servicing Assets [Roll Forward]
Beginning Balance	$ 348	$ 325
Additions	55	50
Amortization	(30)	(27)
Ending Balance	$ 373	$ 348

Servicing (Detail Textuals)

Servicing (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Transfers and Servicing [Abstract]
Recognized gain on loans sold to Federal Home Loan Mortgage Corporation	$ 52,000	$ 63,000
Proceeds from Sales of Loans	3,524,000	3,456,000
Unpaid principal balance of mortgage loans serviced for others	41,873,000	41,090,000
Custodial escrow balances (net)	$ 483,000	$ 388,000

Premises and Equipment (Details

Premises and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 7,947	$ 6,873
Less Accumulated Depreciation	2,810	2,764
Premises and equipment, net	5,137	4,109
Land
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	1,570	730
Buildings
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 5,601	5,429
Buildings | Minimum
Property, Plant and Equipment [Line Items]
Premises and equipment estimated Life	25 years
Buildings | Maximum
Property, Plant and Equipment [Line Items]
Premises and equipment estimated Life	39 years
Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 776	$ 714
Furniture and Fixtures | Minimum
Property, Plant and Equipment [Line Items]
Premises and equipment estimated Life	3 years
Furniture and Fixtures | Maximum
Property, Plant and Equipment [Line Items]
Premises and equipment estimated Life	10 years

Premises and Equipment (Detai_2

Premises and Equipment (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Abstract]
Depreciation charged to operating expenses	$ 205	$ 174

Leases (Details)

Leases (Details) $ in Thousands	Dec. 31, 2018USD ($)
Leases [Abstract]
2019	$ 53
2020	18
Total, future minimum receipts	$ 71

Leases (Detail Textuals)

Leases (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Leases [Abstract]
Rental income under leases	$ 85,000	$ 80,000

Deposits (Details)

Deposits (Details) $ in Thousands	Dec. 31, 2018USD ($)
Banking and Thrift [Abstract]
3 months or less	$ 5,846
3 months through 12 months	24,321
1 year through 3 years	18,662
Over 3 years	5,585
Time deposits	$ 54,414

Deposits (Details 1)

Deposits (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Banking and Thrift [Abstract]
Interest Bearing DDAs	$ 9	$ 7
Savings Accounts	37	35
Certificates of Deposit	894	777
Total interest-bearing deposits	$ 940	$ 819

Deposits (Detail Textuals)

Deposits (Detail Textuals) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Banking and Thrift [Abstract]
Time certificates of deposit in denominations of $250,000 or more	$ 4,278,000	$ 4,245,000

Borrowed Funds (Details)

Borrowed Funds (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Borrowed Funds [Abstract]
2019	$ 7,864
2020	4,846
2021	615
2022	722
2023	2,775
Total	$ 16,822	$ 14,064

Borrowed Funds (Detail Textuals

Borrowed Funds (Detail Textuals) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Advances from Federal Home Loan Banks	$ 16,822,000	$ 14,064,000
Capacity to borrow additional amount from FHLB	$ 26,560,000
Maximum
Debt Instrument [Line Items]
Federal home loan bank range from	3.203%
Minimum
Debt Instrument [Line Items]
Federal home loan bank range from	1.535%

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Current Tax Provision	$ 86	$ 302
Deferred Tax Expense (Benefit)	15	(35)
Provision	$ 101	$ 267

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Federal Statutory Income Tax	$ 109	$ 277
Tax Exempt Income	(11)	(17)
Adjustment to Deferred Taxes for Change in Statutory Rate	0	12
Other - Net	3	(5)
Income Tax Expense	$ 101	$ 267
Federal Statutory Income Tax percentage	21.00%	34.00%
Tax Exempt Income Percentage	(2.10%)	(2.10%)
Adjustment to Deferred Taxes for Change in Statutory Rate Percentage	0.00%	1.50%
Other - Net percentage	0.60%	(0.60%)
Income Tax Expense (Benefit) Percentage	19.50%	32.80%

Income Taxes (Details 2)

Income Taxes (Details 2) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Deferred Tax Assets:
Allowance for Loan Losses	$ 161	$ 159
Deferred Loan Fees and Costs, net	27	26
Nondeductible Writedowns on Foreclosed Real Estate	0	3
Deferred Compensation	165	144
Net Unrealized Losses on Securities	8	0
Deferred Tax Assets	361	332
Deferred Tax Liabilities:
Tax over Book Depreciation	199	171
Dividends on FHLB Stock	31	27
Mortgage Servicing Rights	78	73
Net Unrealized Gains on Securities	0	2
Deferred Tax Liabilities	308	273
Valuation Allowance	0	0
Net Deferred Tax Asset	$ 53	$ 59

Income Taxes (Detail Textuals)

Income Taxes (Detail Textuals) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax [Line Items]
Provision for Income Tax	$ 101	$ 267
US corporate income tax rate	21.00%	34.00%
Earliest year
Income Tax [Line Items]
US corporate income tax rate	34.00%
Latest year
Income Tax [Line Items]
US corporate income tax rate	21.00%

Employee Benefit Plans (Details

Employee Benefit Plans (Details)	12 Months Ended
	Dec. 31, 2018$ / sharesshares
Options
Options outstanding at January 1, 2018 | shares	0
Granted | shares	145,825
Exercised | shares	0
Forfeited | shares	0
Expired | shares	0
Options outstanding at December 31, 2018 | shares	145,825
Weighted Average Exercise Price
Options outstanding at January 1, 2018 | $ / shares	$ 0
Granted | $ / shares	12.46
Exercised | $ / shares	0
Forfeited | $ / shares	0
Expired | $ / shares	0
Options outstanding at December 31, 2018 | $ / shares	$ 12.46

Employee Benefit Plans (Detai_2

Employee Benefit Plans (Details 1) - Stock option	12 Months Ended
	Dec. 31, 2018$ / shares
August 16, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	12.44%
Risk-free interest rate	2.87%
Expected dividend yield	0.00%
Expected life (in years)	10 years
Exercise price for the stock options	$ 12.48
September 18, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	11.94%
Risk-free interest rate	3.05%
Expected dividend yield	0.00%
Expected life (in years)	10 years
Exercise price for the stock options	$ 12.45

Employee Benefit Plans (Detai_3

Employee Benefit Plans (Details 2) - Restricted Stock Awards	12 Months Ended
	Dec. 31, 2018$ / sharesshares
Restricted Stock Awards
Non-vested at January 1, 2018 | shares	0
Granted | shares	66,111
Vested | shares	0
Forfeited | shares	0
Non-vested at December 31, 2018 | shares	66,111
Weighted Average Fair Value at Grant Date
Non-vested at January 1, 2018 | $ / shares	$ 0
Granted | $ / shares	12.46
Vested | $ / shares	0
Forfeited | $ / shares	0
Non-vested at December 31, 2018 | $ / shares	$ 12.46

Employee Benefit Plans (Detail

Employee Benefit Plans (Detail Textuals) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Retirement Benefits [Abstract]
Maximum percentage of employee compensation as participant's contribution	4.00%
Contributions to the plan	$ 44,000	$ 45,000
Deferred compensation expenses	22,000	55,000
Deferred compensation accrued liability	$ 704,000	$ 684,000
Total number of common stock shares acquired in the conversion under ESOP	132,250
Number of common stock shares allocated under ESOP	5,290	5,290
Number of common stock shares unallocated under ESOP	121,670	126,960
Compensation expense related to the ESOP	$ 66,000	$ 63,000
Stock price at the formation date	$ 10
Aggregate fair value of the unallocated shares	$ 1,557,000,000
Closing price of the common stock	$ 12.80

Employee Benefit Plans (Detai_4

Employee Benefit Plans (Detail Textuals 1) - USD ($) $ / shares in Units, $ in Thousands	Sep. 18, 2018	Aug. 16, 2018	Dec. 31, 2018	Aug. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized under equity incentive plan				231,437
Exercise price of each option			$ 12.46
Fair value of number of share granted	$ 3.75	$ 3.69
Number of stock options granted			145,825
Management and staff
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of expiration period	10 years
Exercise price of each option	$ 12.45
Management and staff | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of award vesting period	7 years
Management and staff | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of award vesting period	5 years
Members of Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of award vesting period		5 years
Term of expiration period		10 years
Exercise price of each option		$ 12.48
Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense under restricted stock award			$ 776,000
Amount of recognized of share based compensation expense			$ 48,000
Number of restricted shares granted			66,111
Restricted Stock Awards | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of award vesting period			7 years
Restricted Stock Awards | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of award vesting period			5 years
Restricted Stock Awards | Management and staff
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted shares granted	49,581
Restricted Stock Awards | Members of Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted shares granted		16,530
Stock option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized under equity incentive plan				165,312
Unrecognized compensation expense under stock options			$ 512,000
Amount of recognized of share based compensation expense			32,000
Amount of granted fair value			$ 544,000
Stock option | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of award vesting period			7 years
Stock option | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of award vesting period			5 years
Stock option | Management and staff
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options granted	104,500
Stock option | Members of Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options granted		41,325
Restricted stock awards, restricted stock units and unrestricted share awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized under equity incentive plan				66,125

Related Party Transaction (Deta

Related Party Transaction (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Related Party Transaction [Line Items]
Deposits	$ 77,297	$ 70,602
Officers and directors
Related Party Transaction [Line Items]
Deposits	1,418	1,247
Loans:
Beginning Loan Balance	113	1,375
New Loans	0	70
Principal Advances	15	0
Repayments	(12)	(1,332)
Ending Loan Balance	$ 116	$ 113

Regulatory Matters (Details)

Regulatory Matters (Details) - Heritage Bank of St.Tammany (Bank) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Regulatory Assets [Line Items]
Total Core Capital (to Risk-Weighted Assets) Actual Amount	$ 19,095	$ 18,434
Total Core Capital (to Risk-Weighted Assets) Actual Ratio	26.06%	28.60%
Total Core Capital (to Risk-Weighted Assets) For Capital Adequacy Purposes Amount	$ 5,862	$ 5,157
Total Core Capital (to Risk-Weighted Assets) For Capital Adequacy Purposes Ratio	8.00%	8.00%
Total Core Capital (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 7,327	$ 6,446
Total Core Capital (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	10.00%	10.00%
Tier I Capital (to Risk-Weighted Assets) Actual Amount	$ 18,327	$ 17,678
Tier I Capital (to Risk-Weighted Assets) Actual Ratio	25.01%	27.42%
Tier I Capital (to Risk-Weighted Assets) For Capital Adequacy Purposes Amount	$ 4,396	$ 3,868
Tier I Capital (to Risk-Weighted Assets) For Capital Adequacy Purposes Ratio	6.00%	6.00%
Tier I Capital (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 5,862	$ 5,157
Tier I Capital (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	8.00%	8.00%
Common Equity Tier 1 (to Risk-Weighted Assets) Actual Amount	$ 18,327	$ 17,678
Common Equity Tier 1 (to Risk-Weighted Assets) Actual Ratio	25.01%	27.42%
Common Equity Tier 1 (to Risk-Weighted Assets) For Capital Adequacy Purposes Amount	$ 3,297	$ 2,901
Common Equity Tier 1 (to Risk-Weighted Assets) For Capital Adequacy Purposes Ratio	4.50%	4.50%
Common Equity Tier 1 (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 4,763	$ 4,190
Common Equity Tier 1 (to Risk-Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	6.50%	6.50%
Tier I Leverage Capital (to Adjusted Total Assets) Actual Amount	$ 18,327	$ 17,678
Tier I Leverage Capital (to Adjusted Total Assets) Actual Ratio	15.60%	16.19%
Tier I Leverage Capital (to Adjusted Total Assets) For Capital Adequacy Purposes Amount	$ 4,699	$ 4,368
Tier I Leverage Capital (to Adjusted Total Assets) For Capital Adequacy Purposes Ratio	4.00%	4.00%
Tier I Leverage Capital (to Adjusted Total Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Amount	$ 5,874	$ 5,461
Tier I Leverage Capital (to Adjusted Total Assets) To Be Well Capitalized Under Prompt Corrective Action Provisions Ratio	5.00%	5.00%

Regulatory Matters (Details 1)

Regulatory Matters (Details 1) - Heritage Bank of St.Tammany (Bank) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Regulatory Assets [Line Items]
Equity Capital (Bank only)	$ 18,296	$ 17,685
Unrealized Gains (Losses) on Securities Available for Sale, Net	(31)	7
Tangible, Tier 1 Capital and Common Equity Tier 1	18,327	17,678
Allowance for Loan Losses	768	756
Total Capital	$ 19,095	$ 18,434

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Unrealized Gains (Losses) on Securities Available for Sale:
Beginning Balance	$ 7	$ 31
Other Comprehensive Income (Loss) Before Reclassifications - Net of Tax	(38)	(25)
Adjustment to Other Comprehensive Income/Loss due to Federal Tax Law Change	0	1
Other Comprehensive Income (Loss)	(38)	(24)
Ending Balance	$ (31)	$ 7

Fair Value of Financial State_3

Fair Value of Financial Statements - Balance of assets and liabilities measured on a recurring basis (Details) - Recurring basis - Mortgage-Backed Securities - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 4,221	$ 5,523
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	4,221	5,523
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value	$ 0	$ 0

Fair Value of Financial State_4

Fair Value of Financial Statements - Fair value measurement on a non-recurring basis (Details 1) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets
Total	$ 8,001	$ 7,624
Significant Other Observable Inputs (Level 2)
Assets
Total	7,410	8,215
Significant Unobservable Inputs (Level 3)
Assets
Total	99,643	88,795
Nonrecurring Basis
Assets
Impaired Loans	90	334
Repossessed Assets	0	84
Total	90	418
Nonrecurring Basis | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets
Impaired Loans	0	0
Repossessed Assets	0	0
Total	0	0
Nonrecurring Basis | Significant Other Observable Inputs (Level 2)
Assets
Impaired Loans	90	334
Repossessed Assets	0	84
Total	90	418
Nonrecurring Basis | Significant Unobservable Inputs (Level 3)
Assets
Impaired Loans	0	0
Repossessed Assets	0	0
Total	$ 0	$ 0

Fair Value of Financial State_5

Fair Value of Financial Statements - (Details 2) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Carrying Amount
Financial Assets:
Cash, Short-Term Investments and Federal Funds Sold	$ 8,001	$ 7,624
Securities-Available for Sale	4,221	5,523
Securities-Held to Maturity	518	651
Other Equity Securities	802	784
Cash Value of Life Insurance	2,102	2,051
Loans Held for Sale	580
Loans-Net	97,533	88,035
Total	113,757	104,668
Financial Liabilities:
Deposits	77,297	70,602
Borrowed Funds	16,822	14,064
Financial Liabilities	94,119	84,666
Fair Value
Financial Assets:
Cash, Short-Term Investments and Federal Funds Sold	8,001	7,624
Securities-Available for Sale	4,221	5,523
Securities-Held to Maturity	507	641
Other Equity Securities	802	784
Cash Value of Life Insurance	2,102	2,051
Loans Held for Sale	580
Loans-Net	98,841	88,011
Total	115,054	104,634
Financial Liabilities:
Deposits	76,754	70,562
Borrowed Funds	16,677	13,944
Financial Liabilities	93,431	84,506
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial Assets:
Cash, Short-Term Investments and Federal Funds Sold	8,001	7,624
Securities-Available for Sale	0	0
Securities-Held to Maturity	0	0
Other Equity Securities	0	0
Cash Value of Life Insurance	0	0
Loans Held for Sale	0
Loans-Net	0	0
Total	8,001	7,624
Financial Liabilities:
Deposits	0	0
Borrowed Funds	0	0
Financial Liabilities	0	0
Significant Other Observable Inputs (Level 2)
Financial Assets:
Cash, Short-Term Investments and Federal Funds Sold	0	0
Securities-Available for Sale	4,221	5,523
Securities-Held to Maturity	507	641
Other Equity Securities	0	0
Cash Value of Life Insurance	2,102	2,051
Loans Held for Sale	580
Loans-Net	0	0
Total	7,410	8,215
Financial Liabilities:
Deposits	0	0
Borrowed Funds	16,677	13,944
Financial Liabilities	16,677	13,944
Significant Unobservable Inputs (Level 3)
Financial Assets:
Cash, Short-Term Investments and Federal Funds Sold	0	0
Securities-Available for Sale	0	0
Securities-Held to Maturity	0	0
Other Equity Securities	802	784
Cash Value of Life Insurance	0	0
Loans Held for Sale	0
Loans-Net	98,841	88,011
Total	99,643	88,795
Financial Liabilities:
Deposits	76,754	70,562
Borrowed Funds	0	0
Financial Liabilities	$ 76,754	$ 70,562

Change in Corporate Structure (

Change in Corporate Structure (Detail Textuals) $ / shares in Units, $ in Millions	Jul. 12, 2017USD ($)$ / sharesshares
Change In Corporate Form [Line Items]
Stock issued price per share on mutual-to-stock conversion | $ / shares	$ 10
Numbers of shares issued upon bank's mutual to stock conversion | shares	1,653,125
ESOP
Change In Corporate Form [Line Items]
Conversion and issuance cost of capital stock | $	$ 1.1
Percentage of common stock subscribed in offering	8.00%

Condensed Financial Informati_3

Condensed Financial Information (Parent Company Only) (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Assets:
Cash	$ 4,415	$ 4,038	$ 3,432
Due from Subsidiary Bank	529	398
Total Assets	119,421	109,959
Liabilities and Shareholders' Equity:
Liabilities	95,304	85,788
Total Shareholders Equity	24,117	24,171	9,460
Total Liabilities and Shareholders' Equity	119,421	109,959
Parent Company
Assets:
Cash	5,879	6,401	$ 0
Due from Subsidiary Bank	35	85
Investments in Bank Subsidiary	18,296	17,685
Other Assets	61	0
Total Assets	24,271	24,171
Liabilities and Shareholders' Equity:
Liabilities	154	0
Total Shareholders Equity	24,117	24,171
Total Liabilities and Shareholders' Equity	$ 24,271	$ 24,171

Condensed Financial Informati_4

Condensed Financial Information (Parent Company Only) (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income:
Interest Income	$ 3,903	$ 3,506
Expense:
Compensation Expense	145	63
Professional Fees	261	156
Other Noninterest Expense	418	237
Income Before Income Tax Expense (Income)	519	816
Provision for Income Tax	101	267
Net Income	418	549
Parent Company
Income:
Equity in Net Income of Bank Subsidiary	649	295
Interest Income	22	22
Total Income	671	317
Expense:
Compensation Expense	80	0
Professional Fees	127	0
Other Noninterest Expense	107	0
Total Expense	314	0
Income Before Income Tax Expense (Income)	357	317
Provision for Income Tax	(61)	0
Net Income	$ 418	$ 317

Condensed Financial Informati_5

Condensed Financial Information (Parent Company Only) (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash Flows From Operating Activities:
Net Income	$ 418	$ 549
Compensation expense related to stock benefit plans	145	63
Net Cash provided by (used in) Operating Activities	272	913
Cash Flows From Investing Activities:
Net Cash provided by (used in) Investing Activities	(8,787)	(11,561)
Cash Flows From Financing Activities:
Net Cash provided by (used in) Financing Activities	8,892	11,254
Net Increase (Decrease) in Cash	377	606
Cash and Cash Equivalents - Beginning of Period	4,038	3,432
Cash and Cash Equivalents - End of Period	4,415	4,038
Parent Company
Cash Flows From Operating Activities:
Net Income	418	317
Increase in Due to Bank Subsidiary	50	(85)
Increase in Equity in Net Income of Bank Subsidiary	(584)	(295)
Deferred Income Tax Benefit	(17)	0
Increase in Other Assets	(44)	0
Increase in other Liabilities	154	0
Compensation expense related to stock benefit plans	80	0
Net Cash provided by (used in) Operating Activities	57	(63)
Cash Flows From Investing Activities:
Investment in Bank Subsidiary	0	(7,660)
Net Cash provided by (used in) Investing Activities	0	(7,660)
Cash Flows From Financing Activities:
Net Proceeds from Issuance of Common Stock	0	14,124
Shares Repurchased	(579)	0
Net Cash provided by (used in) Financing Activities	(579)	14,124
Net Increase (Decrease) in Cash	(522)	6,401
Cash and Cash Equivalents - Beginning of Period	6,401	0
Cash and Cash Equivalents - End of Period	$ 5,879	$ 6,401