Employee Stock Ownership Plan

3 Months Ended

Mar. 31, 2020

Heritage NOLA Bancorp Inc Employee Stock Ownership Plan [Member]

Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]

Employee Stock Ownership Plan

NOTE H – Employee Stock Ownership Plan

As part of the Company’s stock conversion, shares were purchased by the ESOP with a loan from Heritage NOLA Bancorp, Inc. All employees of the Bank meeting certain requirements are entitled to participate in the ESOP. Compensation expense related to the ESOP for the three month period ended March 31, 2020 was $22,000.