Heritage NOLA Bancorp, Inc. (the "Company") (OTC Pink Marketplace: "HRGG"), the holding company of Heritage Bank of St. Tammany, Covington, Louisiana, announced today that it has been informed that M C Bancshares, Inc. ("M C Bancshares") and M C Bank & Trust Company, Morgan City, Louisiana, have withdrawn their applications to acquire the Company (the "Merger"). However, the merger agreement among the parties remains in effect at this time and M C Bancshares, in consultation with the Company, is