ADDED
At December 31, 2025, the Company had total assets of $534.4 million, loans of $376.4 million, deposits of $393.2 million, and stockholders equity of $129.8 million.
At June 30, 2025 (the most recent date for which Federal Deposit Insurance Corporation (the FDIC ) is publicly available), we were ranked 11 th among the 26 FDIC-insured financial institutions with offices in Jefferson Parish, with a deposit market share of 2.30%; 9 th among the 21 FDIC-insured financial institutions with offices in Orleans Parish, with a deposit market share of 0.89%; and 22 nd among the 27 FDIC-insured financial institutions with offices in St.
At December 31, 2025 2024 Amount Percent Amount Percent (Dollars in thousands) One-to-four family mortgages $ 325,774 86.34 % $ 332,659 90.34 % Home equity lines of credit 10,091 2.67 7,952 2.16 Construction and land 12,538 3.32 9,588 2.60 Commercial real estate 10,547 2.79 594 0.16 Commercial and industrial 14,227 3.77 13,761 3.74 Consumer loans 4,189 1.11 3,699 1.00 377,366 100.00 % 368,253 100.00 % Less: Allowance for credit losses (1,699) (1,699) Deferred loan costs 724 779 Loans receivable, net $ 376,391 $ 367,333 Contractual Maturities.
At December 31, 2025, one-to four-family residential mortgage loans totaled $325.8 million, or 86.3% of total loans.
At December 31, 2025, one-to four-family residential mortgage loans secured by non-owner-occupied properties totaled $9.6 million.
We offer fixed-rate residential mortgage loans for 10-year and 15-year terms The interest rate is determined primarily by reference to market conditions and competitive factors.
At December 31, 2025, construction and land development loans totaled $12.5 million, or 3.3% of total loans, of which $1.0 million were land loans.
At December 31, 2025, our largest residential construction loan amounted to $1.8 million, of which $1.5 million had been disbursed.
In the past, we did not make speculative residential construction loans, which are construction loans to a builder where there is not a contract in place for the purchase of the home at the time the construction loan is originated.
We currently have one speculative residential construction loan in process with a builder whom with we have an established relationship and satisfactory history.
REMOVED
At December 31, 2024, the Company had total assets of $527.3 million, loans of $367.3 million, deposits of $391.5 million, and stockholders equity of $125.8 million.
To a substantially lesser extent, we also originate construction loans, home equity loans, home equity lines of credit, land loans, and share loans (loans secured by deposit accounts at Fifth District) and purchase commercial business loans.
At June 30, 2024 (the most recent date for which Federal Deposit Insurance Corporation (the FDIC ) is publicly available), we were ranked 11 th among the 25 FDIC-insured financial institutions with offices in Jefferson Parish, with a deposit market share of 1.63%; 9 th among the 22 FDIC-insured financial institutions with offices in Orleans Parish, with a deposit market share of 0.99%; and 22 nd among the 27 FDIC-insured financial institutions with offices in St.
At December 31, 2024 2023 Amount Percent Amount Percent (Dollars in thousands) Real Estate Loans: One- to four-family residential $ 332,659 90.34 % $ 337,056 91.83 % Construction and land development 9,588 2.60 8,128 2.21 Commercial and industrial loans 14,355 3.90 12,403 3.38 Home equity lines of credit 7,952 2.16 8,550 2.33 Consumer loans 3,699 1.00 913 0.25 368,253 100.00 % 367,050 100.00 % Less: Allowance for credit losses (1,699) (2,802) Deferred loan costs 779 790 Loans receivable, net $ 367,333 $ 365,038 Contractual Maturities.
At December 31, 2024, one-to four-family residential mortgage loans totaled $332.7 million, or 90.3% of total loans.
At December 31, 2024, one-to four-family residential mortgage loans secured by non-owner-occupied properties totaled $10.6 million.
We offer fixed-rate residential mortgage loans for 10-year and 15-year.
At December 31, 2024, construction and land development loans totaled $9.6 million, or 2.6% of total loans, of which $1.7 million were land loans.
At December 31, 2024, our largest residential construction loan amounted to $1.1 million, of which $760,000 had been disbursed.
We have not made speculative residential construction loans, which are construction loans to a builder where there is not a contract in place for the purchase of the home at the time the construction loan is originated.