Heritage Bank of Saint Tammany
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Data as of · sourced from FFIEC call reports. How we update
Heritage Bank of Saint Tammany is an FDIC-insured savings and loan association headquartered in Covington, LA, established in 1924 (FDIC certificate 29577), and it is supervised by the OCC. At Q1 2026 it reported total assets of $167.9M, down 8.5% from Q1 2025. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.65% at Q1 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings and loan association
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 29577
- Headquarters
- Covington, LA
- Established
- 1924
- Total assets, Q1 2026
- $167.9M
- Assets vs Q1 2025
- -8.5%
- Tier 1 leverage ratio, Q1 2026
- 9.65%
- Domestic offices
- 5 FDIC institution directory, current count
- Routing number
- 265470158
Problem loans are rising at Heritage Bank of Saint Tammany. Its balance sheet stood at $168 million at March 31, 2026, down 8.5% from a year earlier; it is based in Covington, Louisiana. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.01% of loans from 0.47% a year earlier. It pays an average of 2.67% on its deposits and borrowings, higher than about three-quarters of the 2,677 banks with $100 million to $1 billion in assets (median 1.81%). It also lost 2.4% of its deposits over the year, lower than about three-quarters of banks its size (median 4.0%).
It lost $3.0 million in the quarter. Its margin is thin by comparison: it keeps 3.11 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.84 cents).
As of March 31, 2026, Heritage Bank of Saint Tammany reported a return on assets of -6.70%, a nonperforming-loan ratio of 1.01% and a Texas ratio of 8.00%. The figures come from its call report filed with the FFIEC.
Quarter on quarter (Q4 2025 to Q1 2026), its total assets fell 6.2% to $167.9M, loans fell 2.6% and deposits rose 0.6%. Its loan book on March 31, 2026 was led by 1-4 family residential loans, at 61.1% of total loans, followed by owner-occupied commercial real estate loans at 17.5%. The FDIC Summary of Deposits lists 4 offices for it, in Covington, LA, Slidell, LA and Madisonville, LA; its Covington 2 offices book 65% of its branch deposits. By the capital ratios in its Q1 2026 call report, Heritage Bank of Saint Tammany meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 205 N Columbia St, Covington, LA 70433
- County
- St. Tammany
- Metro Area
- Slidell-Mandeville-Covington, LA
- Charter
- State-chartered stock savings and loan association, FDIC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Dallas (Region 13)
- Federal Reserve member
- —
- Federal Reserve district
- District 6, Atlanta
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1924
- Former names
- Heritage Bank of St Tammany (2014); St Tammany Homestead Savings and Loan Association (1992-2014)
- Domestic offices
- 5 FDIC institution directory, current count
- Employees (FTE)
- 25
- Domestic deposits
- $149.8M
- Allowance for credit losses
- $1.3M
- Net charge-offs (YTD)
- $8K
- Average total assets
- $178.7M
- Average total loans
- $144.0M
- Average interest-bearing deposits
- $131.0M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29577
- Fed RSSD
- 194570
Profitability
Q1 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q1 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Heritage Bank of Saint Tammany reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Heritage Bank of Saint Tammany's total assets moved between a low of $167.9M (Q1 2026) and a high of $187.3M (Q2 2025) from Q2 2023 to Q1 2026, and it earned a profit in 5 of the 12 quarters. The line under each chart compares Q1 2026 with Q1 2025. How these charts are built
$167.9M total assets against $183.5M; $151.3M total liabilities against $164.4M.
$140.8M net loans and leases against $145.2M; $149.8M total deposits against $153.5M.
$11.3M securities against $12.6M; $4.4M cash and balances due against $12.7M.
$2.4M total interest income against $2.4M; $1.0M total interest expense against $1.3M.
$1.3M net interest income against $1.1M.
$159K total noninterest income against $247K; $4.5M total noninterest expense against $1.1M.
No provision recorded in the last 12 quarters.
-$3.0M net income against $287K.
-6.70% return on assets against 0.62%; 3.11% net interest margin against 2.60%.
9.65% tier 1 leverage ratio against 10.60%.
Inside the full Heritage Bank of Saint Tammany terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeQuarterly trend: last 8 quarters
Across the 8 quarters to Q1 2026, its return on assets ran from -6.70% (Q1 2026) to 0.62% (Q1 2025) and its net interest margin ran from 2.24% (Q2 2024) to 3.20% (Q4 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q1 2026 | 9.65% | -6.70% | 1.01% | 8.00% | 3.11% |
| Q4 2025 | 11.03% | 0.51% | 0.65% | 4.52% | 3.20% |
| Q3 2025 | 10.71% | -0.17% | 0.46% | 3.28% | 2.89% |
| Q2 2025 | 10.65% | 0.44% | 0.33% | 2.46% | 2.97% |
| Q1 2025 | 10.60% | 0.62% | 0.47% | 3.38% | 2.60% |
| Q4 2024 | 10.78% | 0.33% | 0.53% | 3.89% | 2.47% |
| Q3 2024 | 11.03% | -0.16% | 0.54% | 3.82% | 2.34% |
| Q2 2024 | 11.84% | -0.09% | 0.47% | 3.11% | 2.24% |
Swipe the table sideways to see every column.
Branch Network
View all 4 branches → Branch count from the FDIC Summary of Deposits, June 30, 2025. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Heritage Bank of St Tammany | Covington , LA | 70433 | $80.0M |
| 200 Gause Blvd Branch | Slidell , LA | 70458 | $35.7M |
| Copperstill Branch | Covington , LA | 70433 | $21.6M |
| Madisonville | Madisonville , LA | 70447 | $19.7M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| April 1, 2026 | M&A | Acquired by Onpath Federal Credit Union merger | SEC |
| April 1, 2026 | Structure Change | Charter Discontinued (Merger or Purchase & Assumption) | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 2 against the institution (OCC, OCC (former OTS))
- October 23, 2012, OCC: Formal Agreement: St Tammany Homestead S & LA
- February 18, 1992, OCC (former OTS): Supervisory Agreement: St. Tammany Homestead Association
- Period: Most recent institution action October 23, 2012. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Not on file
- Deposit market share, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Heritage Bank of Saint Tammany
What are Heritage Bank of Saint Tammany's total assets?
As of the Q1 2026 filing, Heritage Bank of Saint Tammany reported total assets of $167.9 million in its FFIEC call report.
Where is Heritage Bank of Saint Tammany headquartered?
It is headquartered in Covington, LA, United States.
When was Heritage Bank of Saint Tammany founded?
It was established in 1924, per the FDIC institution directory.
Is Heritage Bank of Saint Tammany FDIC-insured?
Yes. It is an FDIC-insured savings and loan association (FDIC Certificate #29577). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Heritage Bank of Saint Tammany?
Heritage Bank of Saint Tammany's primary federal regulator is the OCC.
How many branches does Heritage Bank of Saint Tammany operate?
It operates 5 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Heritage Bank of Saint Tammany's Texas Ratio?
Its Texas Ratio is 8.00% in its Q1 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Heritage Bank of Saint Tammany previously called?
The charter now named Heritage Bank of Saint Tammany has also operated as Heritage Bank of St Tammany (2014), St Tammany Homestead Savings and Loan Association (1992-2014), per FDIC structure-change records.
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