Eureka Homestead Bancorp IncOOTC ERKH Stock Report

Eureka Homestead Bancorp, Inc. is a holding company, which engages in the provision of financial services. The company is headquartered in Metairie, Louisiana and currently employs 13 full-time employees. The company went IPO on 2019-07-09. The Bank's business consists primarily of taking deposits and securing borrowings and investing those funds, together with funds generated from operations, in one- to four-family residential real estate loans, including non-owner-occupied properties, construction loans for owner-occupied, one- to four-family residential real estate and home equity loans. The Bank offers a range of deposit accounts, including savings accounts (passbook and money market) and certificates of deposit. The Bank also originates multifamily, commercial real estate, and consumer loans. The Bank's loan portfolio consists primarily of loans collateralized by real property located in Jefferson Parish and Orleans Parish, Louisiana. The Bank also originates loans in other parts of the greater New Orleans metropolitan area and, to a lesser extent, elsewhere in Louisiana and Mississippi.