LAFAYETTE, La., April 20, 2026 /PRNewswire/ -- Home Bancorp, Inc. (Nasdaq: "HBCP") (the "Company"), the parent company for Home Bank, N.A. (the "Bank") (www.home24bank.com), reported financial results for the first quarter of 2026. For the quarter, the Company reported net income of $11.4 million, or $1.45 per diluted common share ("diluted EPS"), down $51,000 from $11.4 million, or $1.46 diluted EPS, for the fourth quarter of 2025.
"In March 2026, we opened our newest full-service location in Tomball, TX," said John W. Bordelon, President and Chief Executive Officer of the Company and the Bank. "We are pleased with our financial results for the first quarter. While loan production remained down during the quarter, deposit growth increased and reduced our loan to deposit ratio to 90%. Financial metrics remained strong with ROA increasing to 1.30% and a ten-basis point NIM expansion to 4.16% for the quarter. Credit metrics reflect an increase in nonperforming and criticized loans during the quarter, but we do not anticipate material losses. We remain focused on proactively identifying and resolving problem loans as quickly as possible. We are confident that our teams have the ability to broaden meaningful relationships with our customers across all our markets throughout the remainder of the year."
First Quarter 2026 Highlights
- Loans totaled $2.7 billion at March 31, 2026, down $15.9 million, or 0.6% (a decrease of 2% on an annualized basis), from December 31, 2025.
- Deposits totaled $3.0 billion at March 31, 2026, up $54.0 million, or 1.8% (an increase of 7% on an annualized basis), from December 31, 2025. Core deposits increased $118.1 million, or 5.4% (an increase of 22% on an annualized basis), during the first quarter of 2026 to $2.3 billion.
- Net interest income in the first quarter of 2026 totaled $34.5 million, up $434,000, or 1%, from the prior quarter.
- The net interest margin ("NIM") was 4.16% in the first quarter of 2026 compared to 4.06% in the fourth quarter of 2025, primarily due to lower funding cost.
- Nonperforming assets totaled $39.9 million, or 1.12% of total assets, at March 31, 2026 compared to $36.1 million, or 1.03% of total assets, at December 31, 2025. This increase in nonperforming assets is primarily due to multiple loan relationships (with the largest relationship totaling $1.4 million) which were moved to nonaccrual status, partially offset by paydowns in the first quarter of 2026.
- The Company recorded a $922,000 provision to the allowance for loan losses in the first quarter of 2026, compared to a $480,000 provision in the fourth quarter of 2025, primarily due to an increase in individually analyzed loan reserves, offset by loan reduction.
Loans
Loans totaled $2.7 billion at March 31, 2026, down $15.9 million, or 0.6%, from December 31, 2025. The following table summarizes the changes in the Company's loan portfolio, net of unearned income, from December 31, 2025 through March 31, 2026.
(dollars in thousands) 3/31/2026 12/31/2025 Increase (Decrease)
Real estate loans:
One- to four-family first mortgage $476,079 $493,446 $(17,367) (4) %
Home equity loans and lines 91,550 92,574 (1,024) (1)
Commercial real estate 1,182,501 1,190,388 (7,887) (1)
Construction and land 340,057 329,227 10,830 3
Multi-family residential 179,982 177,825 2,157 1
Total real estate loans 2,270,169 2,283,460 (13,291) (1)
Other loans:
Commercial and industrial 428,075 430,517 (2,442) (1)
Consumer 29,902 30,046 (144)
Total other loans 457,977 460,563 (2,586) (1)
Total loans $2,728,146 $2,744,023 $(15,877) (1) %
The average loan yield was 6.41% for the first quarter of 2026, down 3 basis points from the fourth quarter of 2025. The decrease on loan yields was driven by Federal Reserve rate cuts in mid-December 2025, which impacted the full quarter in 2026. We experienced a slow down in loan production, resulting in loan reduction across most of our markets during the first quarter of 2026.
Credit Quality and Allowance for Credit Losses
Nonperforming assets ("NPAs") totaled $39.9 million, or 1.12% of total assets, at March 31, 2026, up $3.8 million, or 11%, from $36.1 million, or 1.03% of total assets, at December 31, 2025. The increase in NPAs during the first quarter of 2026 was primarily due to multiple loan relationships (with the largest relationship totaling $1.4 million) which were put on nonaccrual during the quarter, offset by payoffs and paydowns. During the first quarter of 2026, the Company recorded net loan charge-offs of $384,000, compared to net loan charge-offs of $165,000 during the fourth quarter of 2025.
The Company provisioned $922,000 to the allowance for loan losses in the first quarter of 2026. At March 31, 2026, the allowance for loan losses totaled $33.7 million, or 1.23% of total loans, compared to $33.1 million, or 1.21% of total loans, at December 31, 2025. Provisions to the allowance for loan losses are based upon, among other factors, our estimation of current expected losses in our loan portfolio, which we evaluate on a quarterly basis. Changes in expected losses consider various factors including the changing economic activity, borrower specific information impacting changes in risk ratings, projected delinquencies and the impact of industry-wide loan modification efforts, among other factors.
The following tables present the Company's loan portfolio by credit quality classification as of March 31, 2026 and December 31, 2025.
March 31, 2026
(dollars in thousands) Pass Special Substandard Total
Mention
One- to four-family first mortgage $466,688
$ - $9,391 $476,079
Home equity loans and lines 90,201 807 542 91,550
Commercial real estate 1,139,345 9,478 33,678 1,182,501
Construction and land 326,382 863 12,812 340,057
Multi-family residential 178,388 1,594 179,982
Commercial and industrial 424,633 3,442 428,075
Consumer 29,861 41 29,902
Total $2,655,498 $11,148 $61,500 $2,728,146
December 31, 2025
(dollars in thousands) Pass Special Substandard Total
Mention
One- to four-family first mortgage $486,453
$ - $6,993 $493,446
Home equity loans and lines 91,232 811 531 92,574
Commercial real estate 1,155,097 2,947 32,344 1,190,388
Construction and land 312,994 866 15,367 329,227
Multi-family residential 176,227 1,598 177,825
Commercial and industrial 426,265 4,252 430,517
Consumer 30,000 46 30,046
Total $2,678,268 $4,624 $61,131 $2,744,023
Investment Securities
The Company's investment securities portfolio totaled $386.3 million at March 31, 2026, a decrease of $6.3 million, or 2%, from December 31, 2025. At March 31, 2026, the Company had a net unrealized loss position on its investment securities of $24.0 million, compared to a net unrealized loss of $23.4 million at December 31, 2025. The Company's investment securities portfolio had an effective duration of 3.4 years and 3.3 years at March 31, 2026 and December 31, 2025, respectively. During the first quarter of 2026, the Company made securities purchases of $21.5 million, compared to $14.4 million during the fourth quarter of 2025. The Company had no securities sales during the first quarter of 2026 and fourth quarter of 2025.
The following table summarizes the composition of the Company's investment securities portfolio at March 31, 2026.
(dollars
in thousands) Amortized Fair Value
Cost
Available for sale:
U.S. agency mortgage-backed $291,125 $273,740
Collateralized mortgage obligations 51,705 50,738
Municipal bonds 52,911 47,765
U.S. government agency 10,475 9,986
Corporate bonds 3,500 3,500
Total available for sale $409,716 $385,729
Held to maturity:
Municipal bonds $530 $531
Total held to maturity $530 $531
Approximately 36% of the investment securities portfolio was pledged as of March 31, 2026 to secure public deposits. The Company had $139.9 million and $140.1 million of securities pledged to secure public deposits at March 31, 2026 and December 31, 2025, respectively.
Deposits
Total deposits were $3.0 billion at March 31, 2026, up $54.0 million, or 2%, from December 31, 2025. Core deposits or non-maturity deposits increased $118.1 million, or 5%, during the first quarter of 2026 to $2.3 billion. The following table summarizes the changes in the Company's deposits from December 31, 2025 to March 31, 2026.
(dollars in
thousands) 3/31/2026 12/31/2025 Increase (Decrease)
Demand deposits $830,030 $792,951 $37,079 5 %
Savings 202,058 201,265 793
Money market 543,120 518,740 24,380 5
NOW 710,071 654,227 55,844 9
Certificates of
deposit 741,502 805,623 (64,121) (8)
Total deposits $3,026,781 $2,972,806 $53,975 2 %
The average rate on interest-bearing deposits decreased 22 basis points from 2.51% for the fourth quarter of 2025 to 2.29% for the first quarter of 2026. At March 31, 2026, certificates of deposit maturing within the next 12 months totaled $715.3 million, or 96%, of total certificates of deposit.
We obtain most of our deposits from individuals, small businesses and public funds in our market areas. The following table presents our deposits per customer type for the periods indicated.
March 31, 2026 December 31, 2025
Individuals 50 % 52 %
Small businesses 39 39
Public funds 8 6
Broker 3 3
Total 100 % 100 %
The total amounts of our uninsured deposits (deposits in excess of $250,000, as calculated in accordance with FDIC regulations) were $919.7 million at March 31, 2026 and $885.4 million at December 31, 2025. Public funds in excess of the FDIC insurance limits are fully collateralized.
Net Interest Income
NIM increased 10 basis points from 4.06% for the fourth quarter of 2025 to 4.16% for the first quarter of 2026, primarily due to lower funding cost for average interest-bearing liabilities.
The average cost of interest-bearing deposits decreased by 22 basis points in the first quarter of 2026 compared to the fourth quarter of 2025, primarily due to the lower funding cost. The decrease in funding costs was primarily due to a shift in the mix of average balance of interest-bearing deposits.
Average other interest-earning assets were $168.7 million for the first quarter of 2026, up $5.7 million, or 3%, from the fourth quarter of 2025, primarily due to an increase in the average balance of cash and cash equivalents. The average yield on other interest-earning assets (primarily funds held at the Federal Reserve) decreased 48 basis points in the first quarter of 2026 compared to the fourth quarter of 2025 due to lower interest rates during the quarter.
Average FHLB advances were $1.9 million for the first quarter of 2026, a decrease of $1.1 million, or 37%, from the fourth quarter of 2025 due to paydowns of FHLB advances.
Loan accretion income from acquired loans totaled $189,000 for the first quarter of 2026, down $53,000, or 22%, from the fourth quarter of 2025.
Noninterest Income
Noninterest income for the first quarter of 2026 totaled $3.7 million, down $260,000, or 7%, from the fourth quarter of 2025. The decrease was related primarily to decreases in other income (down $234,000) and bank card fees (down $30,000), which were partially offset by an increase in gain on sale of loans (up $5,000) for the first quarter of 2026 compared to the fourth quarter of 2025.
Noninterest Expense
Noninterest expense for the first quarter of 2026 totaled $22.9 million, down $106,000, or less than 1%, from the fourth quarter of 2025. The decrease was primarily related to decreases in compensation and benefits expense (down $260,000) and franchise and shares tax expense (down $94,000), which were partially offset by the absence of a reversal to the allowance for credit losses on unfunded commitments ($105,000), increases in other expenses (up $102,000) and data processing and communications expense (up $81,000) during the first quarter of 2026.
Capital
At March 31, 2026, shareholders' equity totaled $444.4 million, up $9.3 million, or 2%, compared to $435.1 million at December 31, 2025. The increase was primarily due to the Company's earnings of $11.4 million, which was partially offset by an increase in the accumulated other comprehensive loss on available for sale investment securities during the first quarter of 2026 and shareholder dividends. Preliminary Tier 1 leverage capital and total risk-based capital ratios were 12.11% and 15.65%, respectively, at March 31, 2026, compared to 11.84% and 15.29%, respectively, at December 31, 2025.
Dividend and Share Repurchases
The Company announces that its Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.31 per share payable on May 15, 2026, to shareholders of record as of May 4, 2026.
The Company repurchased 4,332 shares of its common stock during the first quarter of 2026 at an average price per share of $58.00. An additional 385,890 shares remain eligible for purchase under the 2025 Repurchase Plan. The book value per share and tangible book value per share of the Company's common stock was $56.73 and $46.04, respectively, at March 31, 2026.
Conference Call
Executive management will host a conference call to discuss first quarter 2026 results on Tuesday, April 21, 2026 at 10:30 a.m. CDT. Analysts, investors and interested parties may attend the conference call by dialing toll free 1.646.357.8785 (US Local/International) or 1.800.836.8184 (US Toll Free). The investor presentation can be accessed on the day of the presentation on the Home Bancorp, Inc. website at https://home24bank.investorroom.com.
A replay of the conference call and a transcript of the call will be posted to the Investor Relations page of the Company's website, https://home24bank.investorroom.com.
Non-GAAP Reconciliation
This news release contains financial information determined by methods other than in accordance with generally accepted accounting principles ("GAAP"). The Company's management uses this non-GAAP financial information in its analysis of the Company's performance. In this news release, information is included which excludes intangible assets. Management believes the presentation of this non-GAAP financial information provides useful information that is helpful to a full understanding of the Company's financial position and operating results. This non-GAAP financial information should not be viewed as a substitute for financial information determined in accordance with GAAP, nor is it necessarily comparable to non-GAAP financial information presented by other companies. A reconciliation on non-GAAP information included herein to GAAP is presented below.
Quarter Ended
(dollars in thousands, except per share data) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
Reported net income $11,360 $11,411 $12,357 $11,330 $10,964
Add: Core deposit intangible amortization, net tax 185 203 212 213 231
Non-GAAP tangible income $11,545 $11,614 $12,569 $11,543 $11,195
Total assets $3,554,643 $3,492,626 $3,494,074 $3,491,455 $3,485,453
Less: Intangible assets 83,723 83,957 84,214 84,482 84,751
Non-GAAP tangible assets $3,470,920 $3,408,669 $3,409,860 $3,406,973 $3,400,702
Total shareholders' equity $444,410 $435,094 $423,044 $408,818 $402,831
Less: Intangible assets 83,723 83,957 84,214 84,482 84,751
Non-GAAP tangible shareholders' equity $360,687 $351,137 $338,830 $324,336 $318,080
Return on average equity 10.41 % 10.52 % 11.78 % 11.24 % 11.02 %
Add: Average intangible assets 2.64 2.79 3.24 3.24 3.23
Non-GAAP return on average tangible common equity 13.05 % 13.31 % 15.02 % 14.48 % 14.25 %
Common equity ratio 12.50 % 12.46 % 12.11 % 11.71 % 11.56 %
Less: Intangible assets 2.11 2.16 2.17 2.19 2.21
Non-GAAP tangible common equity ratio 10.39 % 10.30 % 9.94 % 9.52 % 9.35 %
Book value per share $56.73 $55.56 $54.05 $52.36 $50.82
Less: Intangible assets 10.69 10.72 10.76 10.82 10.69
Non-GAAP tangible book value per share $46.04 $44.84 $43.29 $41.54 $40.13
This news release contains certain forward-looking statements. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate" or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could" or "may."
Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors - many of which are beyond our control - could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. Home Bancorp's Annual Report on Form 10-K for the year ended December31, 2025 describes some of these factors, including risk elements in the loan portfolio, risks related to our deposit activities, the level of the allowance for credit losses, risks of our growth strategy, geographic concentration of our business, dependence on our management team, risks of market rates of interest and of regulation on our business and risks of competition. Forward-looking statements speak only as of the date they are made. We do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made or to reflect the occurrence of unanticipated events.
HOME BANCORP, INC. AND SUBSIDIARY
CONDENSED STATEMENTS OF FINANCIAL CONDITION
(Unaudited)
(dollars in thousands) 3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
Assets
Cash and cash equivalents $223,484 $141,605 $189,324 $112,595 $110,662
Investment securities available for sale, at fair value 385,729 391,448 383,340 393,462 400,553
Investment securities held to maturity 530 1,065 1,065 1,065 1,065
Mortgage loans held for sale 1,558 1,558 1,932 1,305 1,855
Loans, net of unearned income 2,728,146 2,744,023 2,705,895 2,764,538 2,747,277
Allowance for loan losses (33,680) (33,142) (32,827) (33,432) (33,278)
Total loans, net of allowance for loan losses 2,694,466 2,710,881 2,673,068 2,731,106 2,713,999
Office properties and equipment, net 50,502 48,995 45,223 45,216 45,327
Cash surrender value of bank-owned life insurance 49,842 49,557 49,269 48,981 48,699
Goodwill and core deposit intangibles 83,723 83,957 84,214 84,482 84,751
Accrued interest receivable and other assets 64,809 63,560 66,639 73,243 78,542
Total Assets $3,554,643 $3,492,626 $3,494,074 $3,491,455 $3,485,453
Liabilities
Deposits $3,026,781 $2,972,806 $2,975,503 $2,908,234 $2,827,207
Other Borrowings 5,539 5,539 5,539
Subordinated debt, net of issuance cost 54,729 54,675 54,621 54,567 54,513
Federal Home Loan Bank advances 3,024 3,059 88,196 163,259
Accrued interest payable and other liabilities 28,723 27,027 32,308 26,101 32,104
Total Liabilities 3,110,233 3,057,532 3,071,030 3,082,637 3,082,622
Shareholders' Equity
Common stock 78 78 78 78 79
Additional paid-in capital 169,995 168,963 168,016 166,576 167,231
Common stock acquired by benefit plans (893) (982) (1,071) (1,160) (1,250)
Retained earnings 293,554 284,834 275,912 265,817 261,856
Accumulated other comprehensive loss (18,324) (17,799) (19,891) (22,493) (25,085)
Total Shareholders' Equity 444,410 435,094 423,044 408,818 402,831
Total Liabilities and Shareholders' Equity $3,554,643 $3,492,626 $3,494,074 $3,491,455 $3,485,453
HOME BANCORP, INC. AND SUBSIDIARY
CONDENSED STATEMENTS OF INCOME
(Unaudited)
Three Months Ended
(dollars in thousands, except per share data) 3/31/2026 12/31/2025 3/31/2025
Interest Income
Loans, including fees $43,717 $44,548 $44,032
Investment securities 2,560 2,530 2,664
Other investments and deposits 1,463 1,642 505
Total interest income 47,740 48,720 47,201
Interest Expense
Deposits 12,406 13,808 12,622
Other borrowings 8 53
Subordinated debt expense 845 845 845
Federal Home Loan Bank advances 7 11 1,932
Total interest expense 13,258 14,672 15,452
Net interest income 34,482 34,048 31,749
Provision for loan losses 922 480 394
Net interest income after provision for loan losses 33,560 33,568 31,355
Noninterest Income
Service fees and charges 1,437 1,438 1,309
Bank card fees 1,594 1,624 1,578
Gain on sale of loans, net 230 225 377
Income from bank-owned life insurance 285 289 278
(Loss) gain on sale of assets, net (4) 9
Other income 192 426 458
Total noninterest income 3,738 3,998 4,009
Noninterest Expense
Compensation and benefits 13,714 13,974 12,652
Occupancy 2,429 2,406 2,561
Marketing and advertising 494 560 429
Data processing and communication 2,629 2,548 2,642
Professional fees 401 401 405
Forms, printing and supplies 219 224 200
Franchise and shares tax 340 434 476
Regulatory fees 462 431 516
Foreclosed assets, net 54 54 227
Amortization of acquisition intangible 234 257 293
Reversal for credit losses on unfunded commitments (105)
Other expenses 1,964 1,862 1,178
Total noninterest expense 22,940 23,046 21,579
Income before income tax expense 14,358 14,520 13,785
Income tax expense 2,998 3,109 2,821
Net income $11,360 $11,411 $10,964
Earnings per share - basic $1.47 $1.48 $1.38
Earnings per share - diluted $1.45 $1.46 $1.37
Cash dividends declared per common share $0.31 $0.31 $0.27
HOME BANCORP, INC. AND SUBSIDIARY
SUMMARY FINANCIAL INFORMATION
(Unaudited)
Three Months Ended
(dollars in thousands, except per share data) 3/31/2026 12/31/2025 3/31/2025
EARNINGS DATA
Total interest income $47,740 $48,720 $47,201
Total interest expense 13,258 14,672 15,452
Net interest income 34,482 34,048 31,749
Provision for loan losses 922 480 394
Total noninterest income 3,738 3,998 4,009
Total noninterest expense 22,940 23,046 21,579
Income tax expense 2,998 3,109 2,821
Net income $11,360 $11,411 $10,964
AVERAGE BALANCE SHEET DATA
Total assets $3,532,181 $3,501,957 $3,449,472
Total interest-earning assets 3,310,674 3,288,830 3,240,619
Total loans 2,734,651 2,716,382 2,745,212
Total interest-bearing deposits 2,196,539 2,183,431 2,038,681
Total interest-bearing liabilities 2,253,149 2,241,895 2,279,363
Total deposits 3,002,477 2,977,273 2,772,295
Total shareholders' equity 442,610 430,198 403,504
PER SHARE DATA
Earnings per share - basic $1.47 $1.48 $1.38
Earnings per share - diluted 1.45 1.46 1.37
Book value at period end 56.73 55.56 50.82
Tangible book value at period end 46.04 44.84 40.13
Shares outstanding at period end 7,833,804 7,831,342 7,926,331
Weighted average shares outstanding
Basic 7,740,765 7,726,157 7,949,477
Diluted 7,826,764 7,795,826 8,026,815
SELECTED RATIOS
(1)
Return on average assets 1.30 % 1.29 % 1.29 %
Return on average equity 10.41 10.52 11.02
Common equity ratio 12.50 12.46 11.56
Efficiency ratio (2) 60.02 60.57 60.35
Average equity to average assets 12.53 12.28 11.70
Tier 1 leverage capital ratio (3) 12.11 11.84 11.48
Total risk-based capital ratio (3) 15.65 15.29 14.58
Net interest margin (4) 4.16 4.06 3.91
SELECTED NON-GAAP RATIOS
(1)
Tangible common equity ratio (5) 10.39 % 10.30 % 9.35 %
Return on average tangible common equity (6) 13.05 13.31 14.25
(1)
With the exception of end-of-period ratios, all ratios are based on average daily balances during the respective periods.
(2)
The efficiency ratio represents noninterest expense as a percentage of total revenues. Total revenues is the sum of net interest income and noninterest income.
(3)
Capital ratios are preliminary end-of-period ratios for the Bank only and are subject to change.
(4) Net interest margin represents net interest income as a percentage of average interest-earning assets. Taxable equivalent yields are calculated using a marginal tax rate of
21%.
(5) Tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. See "Non-GAAP Reconciliation" for
additional information.
(6) Return on average tangible common equity is net income plus amortization of core deposit intangible, net of taxes, divided by average common shareholders' equity less average
intangible assets. See "Non-GAAP Reconciliation" for additional information.
HOME BANCORP, INC. AND SUBSIDIARY
Consolidated Net Interest Margin
(Unaudited)
Three Months Ended
3/31/2026
12/31/2025
3/31/2025
(dollars in thousands) Average Interest Average Average Interest Average Average Interest Average
Balance Yield/ Balance Yield/ Balance Yield/
Rate Rate Rate
Interest-earning assets:
Loans receivable $2,734,651 $43,717 6.41 % $2,716,382 $44,548 6.44 % $2,745,212 $44,032 6.43 %
Investment securities (TE)(1) 407,308 2,560 2.53 409,391 2,530 2.49 439,556 2,664 2.44
Other interest-earning assets 168,715 1,463 3.52 163,057 1,642 4.00 55,851 505 3.67
Total interest-earning assets $3,310,674 $47,740 5.78 % $3,288,830 $48,720 5.83 % $3,240,619 $47,201 5.84 %
Interest-bearing liabilities:
Deposits:
Savings, checking, and money market $1,431,639 $5,809 1.65 % $1,359,342 $5,860 1.71 % $1,306,602 $5,401 1.68 %
Certificates of deposit 764,900 6,597 3.50 824,089 7,948 3.83 732,079 7,221 4.00
Total interest-bearing deposits 2,196,539 12,406 2.29 2,183,431 13,808 2.51 2,038,681 12,622 2.51
Other borrowings 783 8 4.19 5,539 53 3.89
Subordinated debt 54,702 845 6.18 54,647 845 6.18 54,485 845 6.20
FHLB advances 1,908 7 1.49 3,034 11 1.52 180,658 1,932 4.28
Total interest-bearing liabilities $2,253,149 $13,258 2.38 % $2,241,895 $14,672 2.60 % $2,279,363 $15,452 2.74 %
Noninterest-bearing deposits $805,938 $793,842 $733,613
Net interest spread (TE)
(1) 3.40 % 3.23 % 3.10 %
Net interest margin (TE)
(1) 4.16 % 4.06 % 3.91 %
(1) Taxable equivalent (TE) amounts are calculated using a federal income
tax rate of 21%
HOME BANCORP, INC. AND SUBSIDIARY
SUMMARY CREDIT QUALITY INFORMATION
(Unaudited)
Three Months Ended
3/31/2026 12/31/2025 9/30/2025 6/30/2025 3/31/2025
CREDIT QUALITY
(1)
Nonaccrual loans:
One- to four-family first mortgage $8,337 $6,531 $6,402 $6,272 $6,368
Home equity loans and lines 542 531 1,008 1,033 372
Commercial real estate 10,837 9,011 10,016 7,669 4,349
Construction and land 12,812 15,367 9,847 6,103 5,584
Multi-family residential 1,281 1,281 973 916 930
Commercial and industrial 1,945 1,344 1,161 1,312 1,206
Consumer 41 46 60 35 161
Total nonaccrual loans $35,795 $34,111 $29,467 $23,340 $18,970
Accruing loans 90 days or more past due 14 65 55 12 77
Total nonperforming loans 35,809 34,176 29,522 23,352 19,047
Foreclosed assets and ORE 4,093 1,929 1,384 2,077 2,424
Total nonperforming assets $39,902 $36,105 $30,906 $25,429 $21,471
Nonperforming assets to total assets 1.12 % 1.03 % 0.88 % 0.73 % 0.62 %
Nonperforming loans to total assets 1.01 0.98 0.84 0.67 0.55
Nonperforming loans to total loans 1.31 1.25 1.09 0.84 0.69
ALLOWANCE FOR CREDIT LOSSES
Allowance for loan losses:
Beginning balance $33,142 $32,827 $33,432 $33,278 $32,916
(Reversal) provision for loan losses 922 480 (229) 489 394
Charge-offs (413) (189) (488) (460) (226)
Recoveries 29 24 112 125 194
Net charge-offs (384) (165) (376) (335) (32)
Ending balance $33,680 $33,142 $32,827 $33,432 $33,278
Reserve for unfunded lending commitments(2)
Beginning balance $1,625 $1,730 $1,730 $2,700 $2,700
(Reversal) provision for losses on (105) (970)
unfunded lending commitments
Ending balance $1,625 $1,625 $1,730 $1,730 $2,700
Total allowance for credit losses 35,305 34,767 34,557 35,162 35,978
Total loans $2,728,146 $2,744,023 $2,705,895 $2,764,538 $2,747,277
Total unfunded commitments 533,398 509,331 509,709 492,306 508,864
Allowance for loan losses to 84.41 % 91.79 % 106.22 % 131.47 % 154.99 %
nonperforming assets
Allowance for loan losses to 94.05 96.97 111.20 143.17 174.72
nonperforming loans
Allowance for loan losses to total loans 1.23 1.21 1.21 1.21 1.21
Allowance for credit losses to total loans 1.29 1.27 1.28 1.27 1.31
Year-to-date loan charge-offs $(413) $(1,363) $(1,174) $(686) $(226)
Year-to-date loan recoveries 29 455 431 319 194
Year-to-date net loan charge-offs $(384) $(908) $(743) $(367) $(32)
Annualized YTD net loan charge-offs to (0.06) % (0.03) % (0.04) % (0.03) % - %
average loans
(1) It is our policy to cease accruing interest on loans 90 days or more past due, with certain limited exceptions. Nonperforming assets consist of nonperforming loans, foreclosed
assets and surplus real estate (ORE). Foreclosed assets consist of assets acquired through foreclosure or acceptance of title in-lieu of foreclosure. ORE consists of closed
or unused bank buildings.
(2) The allowance for unfunded lending commitments is recorded within accrued interest payable and other liabilities on the Consolidated Statements of Financial Condition.
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SOURCE Home Bancorp, Inc.
John W. Bordelon, Chairman of the Board, President and CEO, (337) 237-1960