Eureka Homestead Bancorp, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022 at 12:35 pm EDT
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Eureka Homestead Bancorp, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported net interest income was USD 0.427 million compared to USD 0.409 million a year ago. Net loss was USD 0.014 million compared to net income of USD 0.08 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.07 a year ago.
Eureka Homestead Bancorp, Inc. is a unitary savings and loan holding company of Eureka Homestead (the Bank). The Bank provides banking and financial services in the United States. Its deposit products include interest-bearing savings accounts, money market accounts, and certificates of deposit. The Bank also offers owner-occupied and investor-owned residential real estate loans, commercial real estate loans, construction and land load loans and consumer loans. It offers traditional deposit products including passbook savings accounts and certificates of deposit, as well as loan products. The Bank's loan portfolio consists primarily of loans collateralized by real property located in Jefferson Parish and Orleans Parish, Louisiana. It operates through one full-service banking office located in Metairie and a loan production office in New Orleans.