LAFAYETTE, La., Jan. 26, 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 fourth quarter of 2025. For the quarter, the Company reported net income of $11.4 million, or $1.46 per diluted common share ("diluted EPS"), down $946,000, or 8%, from $12.4 million, or $1.59 diluted EPS, for the third quarter of 2025.
"We are pleased with our overall fourth quarter and full year results," said John W. Bordelon, President and Chief Executive Officer of the Company and the Bank. "During the fourth quarter, loan production increased and core deposits grew. Nonperforming assets increased for the quarter, but we do not anticipate any material losses. The net interest margin decreased to 4.06% for the quarter primarily due to lower loan yield and our ability to manage lower funding cost. The majority of our Certificates of Deposit will reprice within 120 days, which should continue to reduce deposit costs and have a positive impact on NIM. We remain well positioned to assist our customers with opportunities in the new year."
Fourth Quarter 2025 Highlights
- Loans totaled $2.7 billion at December 31, 2025, up $38.1 million, or 1%, (an increase of 6% on an annualized basis), from September 30, 2025.
- Deposits totaled $3.0 billion at December 31, 2025, down $2.7 million, or less than 1% for the quarter and on an annualized basis, from September 30, 2025. Core deposits increased $24.5 million, or 1% during the fourth quarter of 2025 to $2.2 billion (an increase of 5% on an annualized basis).
- Net interest income in the fourth quarter of 2025 totaled $34.0 million, down $58,000, or less than 1%, from the prior quarter.
- The net interest margin ("NIM") decreased 4 basis points from 4.10% for the third quarter of 2025 to 4.06% in the fourth quarter of 2025 primarily due to lower yield on interest-earning assets, partially offset by lower funding cost.
- Nonperforming assets totaled $36.1 million, or 1.03% of total assets, at December 31, 2025, up $5.2 million, or 17%, from September 30, 2025, primarily due to two loan relationships which were moved to nonaccrual status, partially offset by paydowns in the fourth quarter of 2025.
- The Company recorded a $480,000 provision to the allowance for loan losses in the fourth quarter of 2025, compared to a $229,000 reversal to provision in the third quarter of 2025, primarily due to loan growth.
- Net loan charge-offs were $165,000 for the fourth quarter of 2025, compared to net loan charge-offs of $376,000 during the third quarter of 2025. Year-to-date net loan charge-offs to average loans was 0.03% for the year ended December 31, 2025.
Loans
Loans totaled $2.7 billion at December 31, 2025, up $38.1 million, or 1%, from September 30, 2025. The following table summarizes the changes in the Company's loan portfolio from September 30, 2025 to December 31, 2025.
December 31, September 30, Increase (Decrease)
(dollars in thousands) 2025 2025 Amount Percent
Real estate loans:
One- to four-family first mortgage $493,446 $490,600 $2,846 1 %
Home equity loans and lines 92,574 86,885 5,689 7
Commercial real estate 1,190,388 1,175,384 15,004 1
Construction and land 329,227 325,725 3,502 1
Multi-family residential 177,825 184,022 (6,197) (3)
Total real estate loans 2,283,460 2,262,616 20,844 1
Other loans:
Commercial and industrial 430,517 413,590 16,927 4
Consumer 30,046 29,689 357 1
Total other loans 460,563 443,279 17,284 4
Total loans $2,744,023 $2,705,895 $38,128 1 %
The average loan yield was 6.44% for the fourth quarter of 2025, down 9 basis points from the third quarter of 2025. The average loan yield began to decline in mid-September 2025 following the Federal Reserve rate cuts. Commercial and industrial and commercial real estate loans were the primary drivers for the loan growth during the fourth quarter of 2025. We experienced growth across most of our markets, primarily within our New Orleans and Acadiana markets.
Credit Quality and Allowance for Loan Losses
Nonperforming assets ("NPAs") totaled $36.1 million, or 1.03% of total assets at December 31, 2025, up $5.2 million, or 17%, from $30.9 million, or 0.88% of total assets, at September 30, 2025. The increase in NPAs during the fourth quarter of 2025 was primarily due to two loan relationships totaling $5.7 million, which were put on nonaccrual during the quarter, partially offset by payoffs and paydowns. The Company recorded net loan charge-offs of $165,000 during the fourth quarter of 2025, compared to net loan charge-offs of $376,000 during the third quarter of 2025.
The Company made a $480,000 provision to the allowance for loan losses in the fourth quarter of 2025 primarily due to loan growth. For the year ended December 31, 2025, provisions to the allowance for loan losses totaled $1.1 million. At December 31, 2025, the allowance for loan losses totaled $33.1 million, or 1.21% of total loans, compared to $32.8 million, or 1.21% of total loans, at September 30, 2025. Changes in expected losses are based on 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 December 31, 2025 and September 30, 2025.
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
September 30, 2025
(dollars in thousands) Pass Special Substandard Total
Mention
One- to four-family first mortgage $483,737
$ - $6,863 $490,600
Home equity loans and lines 85,877 1,008 86,885
Commercial real estate 1,140,742 3,067 31,575 1,175,384
Construction and land 314,986 892 9,847 325,725
Multi-family residential 182,731 1,291 184,022
Commercial and industrial 406,591 6,999 413,590
Consumer 29,629 60 29,689
Total $2,644,293 $3,959 $57,643 $2,705,895
Investment Securities
The Company's investment securities portfolio totaled $392.5 million at December 31, 2025, an increase of $8.1 million, or 2%, from September 30, 2025. At December 31, 2025, the Company had a net unrealized loss position on its investment securities of $23.4 million, compared to a net unrealized loss of $26.5 million at September 30, 2025. The Company's investment securities portfolio had an effective duration of 3.3 years and 3.5 years at December 31, 2025 and September 30, 2025, respectively. The Company made securities purchases of $14.4 million during the fourth quarter of 2025, compared to $4.3 million during third quarter of 2025. The Company had no securities sales during the year ended December 31, 2025.
The following table summarizes the composition of the Company's investment securities portfolio at December 31, 2025.
(dollars in thousands) Amortized Fair Value
Cost
Available for sale:
U.S. agency mortgage-backed $284,749 $267,650
Collateralized mortgage obligations 61,185 60,327
Municipal bonds 53,018 48,147
U.S. government agency 11,441 11,003
Corporate bonds 4,491 4,321
Total available for sale $414,884 $391,448
Held to maturity:
Municipal bonds $1,065 $1,066
Total held to maturity $1,065 $1,066
Approximately 36% of the investment securities portfolio was pledged as of December 31, 2025 to secure public deposits. As of December 31, 2025 and September 30, 2025, the Company had $140.1 million and $140.2 million, respectively, of securities pledged to secure public deposits.
Deposits
Total deposits were $3.0 billion at December 31, 2025, down $2.7 million, or less than 1%, from September 30, 2025. Non-maturity deposits increased $24.5 million, or 1%, during the fourth quarter of 2025 to $2.2 billion. The following table summarizes the changes in the Company's deposits from September 30, 2025 to December 31, 2025.
December 31, September 30, Increase/(Decrease)
(dollars in thousands) 2025 2025 Amount Percent
Demand deposits $792,951 $801,974 $(9,023) (1) %
Savings 201,265 200,135 1,130 1
Money market 518,740 499,404 19,336 4
NOW 654,227 641,204 13,023 2
Certificates of deposit 805,623 832,786 (27,163) (3)
Total deposits $2,972,806 $2,975,503 $(2,697) - %
The average rate on interest-bearing deposits decreased 6 basis points from 2.57% for the third quarter of 2025 to 2.51% for the fourth quarter of 2025. At December 31, 2025, certificates of deposit maturing within the next 12 months totaled $781.2 million, or 97% 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.
December 31, 2025 September 30,
2025
Individuals 52 % 52 %
Small businesses 39 39
Public funds 6 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 $885.4 million at December 31, 2025 and $894.8 million at September 30, 2025. Public funds in excess of the FDIC insurance limits are fully collateralized.
Net Interest Income
The net interest margin ("NIM") decreased 4 basis points from 4.10% for the third quarter of 2025 to 4.06% for the fourth quarter of 2025 primarily due to lower yield on interest-earning assets, which was offset with lower funding cost for average interest-bearing liabilities.
Average other interest-earning assets were $163.1 million for the fourth quarter of 2025, up $63.4 million, or 64%, from the third quarter of 2025 primarily due to an increase in the average balance of cash and cash equivalents.
The average rate paid on total interest-bearing deposits was 2.51% for the fourth quarter of 2025, down 6 basis points from the third quarter of 2025, due to the lower funding cost. The average rate paid on certificate of deposits was 3.83% for the fourth quarter of 2025, down 2 basis points from the third quarter of 2025.
Average FHLB advances were $3.0 million for the fourth quarter of 2025, a decrease of $36.4 million, or 92%, from the third quarter of 2025 due to paydowns of FHLB advances.
Loan accretion income from acquired loans totaled $242,000 for the fourth quarter of 2025, down $105,000, or 30%, compared to the third quarter of 2025.
Noninterest Income
Noninterest income for the fourth quarter of 2025 totaled $4.0 million, up $260,000, or 7%, from the third quarter of 2025. The increase was related primarily to increases in other income (up $174,000), gains on sale of loans (up $81,000) and service fees and charges (up $30,000), which were partially offset by decreases in bank card fees (down $22,000) for the fourth quarter of 2025 compared to the third quarter of 2025.
Noninterest Expense
Noninterest expense for the fourth quarter of 2025 totaled $23.0 million, up $515,000, or 2%, compared to the third quarter of 2025. The increase was primarily due to increases in other noninterest expense (up $637,000) and compensation and benefits (up $443,000), which were partially offset by decreases in foreclosed assets, net (down $323,000), occupancy expense (down $138,000) and a reversal to the allowance for credit losses on unfunded commitments (down $105,000) for the fourth quarter of 2025 compared to the third quarter of 2025.
Capital and Liquidity
At December 31, 2025, shareholders' equity totaled $435.1 million, up $12.1 million, or 3%, compared to $423.0 million at September 30, 2025. The increase was primarily due to the Company's earnings of $11.4 million and a decrease in the accumulated other comprehensive loss on available for sale investment securities during the fourth quarter of 2025, which were partially offset by shareholders' dividends. The market value of the Company's available for sale securities at December 31, 2025 increased $3.1 million, or 12%, during the fourth quarter of 2025. Preliminary Tier 1 leverage capital and total risk-based capital ratios were 11.84% and 15.29%, respectively, at December 31, 2025, compared to 11.80% and 15.24%, respectively, at September 30, 2025.
Dividend and Share Repurchases
The Company announced that its Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.31 per share (unchanged from the previous quarterly cash dividend) payable on February 20, 2026, to shareholders of record as of February 9, 2026.
The Company repurchased 750 shares of its common stock during the fourth quarter of 2025 at an average price per share of $59.97. At December 31, 2025, an additional 390,222 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 $55.56 and $44.84, respectively, at December 31, 2025.
Conference Call
Executive management will host a conference call to discuss fourth quarter 2025 results on Tuesday, January 27, 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 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 of non-GAAP information included herein to GAAP is presented below.
Quarter Ended
(dollars in thousands, except per share data) 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024
Reported net income $11,411 $12,357 $11,330 $10,964 $9,673
Add: Core deposit intangible amortization, net tax 203 212 213 231 250
Non-GAAP tangible income $11,614 $12,569 $11,543 $11,195 $9,923
Total assets $3,492,626 $3,494,074 $3,491,455 $3,485,453 $3,443,668
Less: Intangible assets 83,957 84,214 84,482 84,751 85,044
Non-GAAP tangible assets $3,408,669 $3,409,860 $3,406,973 $3,400,702 $3,358,624
Total shareholders' equity $435,094 $423,044 $408,818 $402,831 $396,088
Less: Intangible assets 83,957 84,214 84,482 84,751 85,044
Non-GAAP tangible shareholders' equity $351,137 $338,830 $324,336 $318,080 $311,044
Return on average equity 10.52 % 11.78 % 11.24 % 11.02 % 9.71 %
Add: Average intangible assets 2.79 3.24 3.24 3.23 2.99
Non-GAAP return on average tangible common equity 13.31 % 15.02 % 14.48 % 14.25 % 12.70 %
Common equity ratio 12.46 % 12.11 % 11.71 % 11.56 % 11.50 %
Less: Intangible assets 2.16 2.17 2.19 2.21 2.24
Non-GAAP tangible common equity ratio 10.30 % 9.94 % 9.52 % 9.35 % 9.26 %
Book value per share $55.56 $54.05 $52.36 $50.82 $48.95
Less: Intangible assets 10.72 10.76 10.82 10.69 10.51
Non-GAAP tangible book value per share $44.84 $43.29 $41.54 $40.13 $38.44
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 December 31, 2024, describes some of these factors, including risk elements in the loan portfolio, risks related to our deposit actives, 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) 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024
Assets
Cash and cash equivalents $141,605 $189,324 $112,595 $110,662 $98,548
Investment securities available for sale, at fair value 391,448 383,340 393,462 400,553 402,792
Investment securities held to maturity 1,065 1,065 1,065 1,065 1,065
Mortgage loans held for sale 1,558 1,932 1,305 1,855 832
Loans, net of unearned income 2,744,023 2,705,895 2,764,538 2,747,277 2,718,185
Allowance for loan losses (33,142) (32,827) (33,432) (33,278) (32,916)
Total loans, net of allowance for loan losses 2,710,881 2,673,068 2,731,106 2,713,999 2,685,269
Office properties and equipment, net 48,995 45,223 45,216 45,327 42,324
Cash surrender value of bank-owned life insurance 49,557 49,269 48,981 48,699 48,421
Goodwill and core deposit intangibles 83,957 84,214 84,482 84,751 85,044
Accrued interest receivable and other assets 63,560 66,639 73,243 78,542 79,373
Total Assets $3,492,626 $3,494,074 $3,491,455 $3,485,453 $3,443,668
Liabilities
Deposits $2,972,806 $2,975,503 $2,908,234 $2,827,207 $2,780,696
Other Borrowings 5,539 5,539 5,539 5,539
Subordinated debt, net of issuance cost 54,675 54,621 54,567 54,513 54,459
Federal Home Loan Bank advances 3,024 3,059 88,196 163,259 175,546
Accrued interest payable and other liabilities 27,027 32,308 26,101 32,104 31,340
Total Liabilities 3,057,532 3,071,030 3,082,637 3,082,622 3,047,580
Shareholders' Equity
Common stock 78 78 78 79 81
Additional paid-in capital 168,963 168,016 166,576 167,231 168,138
Common stock acquired by benefit plans (982) (1,071) (1,160) (1,250) (1,339)
Retained earnings 284,834 275,912 265,817 261,856 259,190
Accumulated other comprehensive loss (17,799) (19,891) (22,493) (25,085) (29,982)
Total Shareholders' Equity 435,094 423,044 408,818 402,831 396,088
Total Liabilities and Shareholders' Equity $3,492,626 $3,494,074 $3,491,455 $3,485,453 $3,443,668
HOME BANCORP, INC. AND SUBSIDIARY
CONDENSED STATEMENTS OF INCOME
(Unaudited)
Three Months Ended Twelve Months Ended
(dollars in thousands, except per share data) 12/31/2025 9/30/2025 12/31/2024 12/31/2025 12/31/2024
Interest Income
Loans, including fees $44,548 $45,607 $43,978 $179,474 $170,255
Investment securities 2,530 2,504 2,703 10,294 10,908
Other investments and deposits 1,642 1,111 1,123 4,004 3,604
Total interest income 48,720 49,222 47,804 193,772 184,767
Interest Expense
Deposits 13,808 13,805 13,606 53,377 52,780
Other borrowings 8 54 1,279 168 6,094
Subordinated debt expense 845 845 848 3,379 3,381
Federal Home Loan Bank advances 11 412 485 3,594 2,250
Total interest expense 14,672 15,116 16,218 60,518 64,505
Net interest income 34,048 34,106 31,586 133,254 120,262
Provision (reversal) for loan losses 480 (229) 873 1,134 2,415
Net interest income after provision for loan losses 33,568 34,335 30,713 132,120 117,847
Noninterest Income
Service fees and charges 1,438 1,408 1,334 5,500 5,118
Bank card fees 1,624 1,646 1,586 6,598 6,525
Gain on sale of loans, net 225 144 62 860 470
Income from bank-owned life insurance 289 288 282 1,136 1,100
(Loss) gain on sale of assets, net (4) 39 3 33
Other income 426 252 326 1,364 1,379
Total noninterest income 3,998 3,738 3,629 15,461 14,625
Noninterest Expense
Compensation and benefits 13,974 13,531 13,314 53,479 51,330
Occupancy 2,406 2,544 2,342 10,024 10,131
Marketing and advertising 560 515 667 1,965 2,000
Data processing and communication 2,548 2,556 2,526 10,374 10,241
Professional fees 401 406 416 1,608 1,922
Forms, printing and supplies 224 175 214 802 794
Franchise and shares tax 434 475 400 1,868 1,863
Regulatory fees 431 459 483 1,908 1,954
Foreclosed assets, net 54 377 125 1,077 341
Amortization of acquisition intangible 257 268 317 1,087 1,328
(Reversal) provision for credit losses on unfunded (105) 240 (1,075) 106
commitments
Other expenses 1,862 1,225 1,311 6,446 5,279
Total noninterest expense 23,046 22,531 22,355 89,563 87,289
Income before income tax expense 14,520 15,542 11,987 58,018 45,183
Income tax expense 3,109 3,185 2,314 11,956 8,756
Net income $11,411 $12,357 $9,673 $46,062 $36,427
Earnings per share - basic $1.48 $1.60 $1.22 $5.93 $4.58
Earnings per share - diluted $1.46 $1.59 $1.21 $5.87 $4.55
Cash dividends declared per common share $0.31 $0.29 $0.26 $1.14 $1.01
HOME BANCORP, INC. AND SUBSIDIARY
SUMMARY FINANCIAL INFORMATION
(Unaudited)
Three Months Ended Twelve Months Ended
(dollars in thousands, except per share data) 12/31/2025 9/30/2025 12/31/2024 12/31/2025 12/31/2024
EARNINGS DATA
Total interest income $48,720 $49,222 $47,804 $193,772 $184,767
Total interest expense 14,672 15,116 16,218 60,518 64,505
Net interest income 34,048 34,106 31,586 133,254 120,262
Provision (reversal) for loan losses 480 (229) 873 1,134 2,415
Total noninterest income 3,998 3,738 3,629 15,461 14,625
Total noninterest expense 23,046 22,531 22,355 89,563 87,289
Income tax expense 3,109 3,185 2,314 11,956 8,756
Net income $11,411 $12,357 $9,673 $46,062 $36,427
AVERAGE BALANCE SHEET DATA
Total assets $3,501,957 $3,467,070 $3,439,925 $3,473,442 $3,386,721
Total interest-earning assets 3,288,830 3,255,291 3,232,896 3,261,733 3,183,952
Total loans 2,716,382 2,743,695 2,686,188 2,742,263 2,652,669
PPP loans 168 235 2,742 509 4,436
Total interest-bearing deposits 2,183,431 2,128,540 2,035,579 2,110,057 1,982,064
Total interest-bearing liabilities 2,241,895 2,228,117 2,250,699 2,252,653 2,222,067
Total deposits 2,977,273 2,918,938 2,789,712 2,883,707 2,729,704
Total shareholders' equity 430,198 416,239 396,163 413,657 381,196
PER SHARE DATA
Earnings per share - basic $1.48 $1.60 $1.22 $5.93 $4.58
Earnings per share - diluted 1.46 1.59 1.21 5.87 4.55
Book value at period end 55.56 54.05 48.95 55.56 48.95
Tangible book value at period end 44.84 43.29 38.44 44.84 38.44
Shares outstanding at period end 7,831,342 7,827,481 8,091,522 7,831,342 8,091,522
Weighted average shares outstanding
Basic 7,726,157 7,712,707 7,944,629 7,773,161 7,955,619
Diluted 7,795,826 7,782,979 7,993,852 7,845,853 8,004,672
SELECTED RATIOS (1)
Return on average assets 1.29 % 1.41 % 1.12 % 1.33 % 1.08 %
Return on average equity 10.52 11.78 9.71 11.14 9.56
Common equity ratio 12.46 12.11 11.50 12.46 11.50
Efficiency ratio (2) 60.57 59.54 63.48 60.22 64.71
Average equity to average assets 12.28 12.01 11.52 11.91 11.26
Tier 1 leverage capital ratio (3) 11.84 11.80 11.38 11.84 11.38
Total risk-based capital ratio (3) 15.29 15.24 14.51 15.29 14.51
Net interest margin (4) 4.06 4.10 3.82 4.03 3.71
SELECTED NON-GAAP RATIOS (1)
Tangible common equity ratio (5) 10.30 % 9.94 % 9.26 % 10.30 % 9.26 %
Return on average tangible common equity (6) 13.31 15.02 12.70 14.25 12.68
(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
12/31/2025
9/30/2025
12/31/2024
(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 $2,716,382 $44,548 6.44 % $2,743,695 $45,607 6.53 % $2,686,188 $43,978 6.43 %
Investment securities (TE)(1) 409,391 2,530 2.49 411,889 2,504 2.45 449,216 2,703 2.42
Other interest-earning assets 163,057 1,642 4.00 99,707 1,111 4.42 97,492 1,123 4.58
Total interest-earning assets $3,288,830 $48,720 5.83 % $3,255,291 $49,222 5.95 % $3,232,896 $47,804 5.82 %
Interest-bearing liabilities:
Deposits:
Savings, checking, and money market $1,359,342 $5,860 1.71 % $1,301,888 $5,783 1.76 % $1,311,815 $5,721 1.73 %
Certificates of deposit 824,089 7,948 3.83 826,652 8,022 3.85 723,764 7,885 4.33
Total interest-bearing deposits 2,183,431 13,808 2.51 2,128,540 13,805 2.57 2,035,579 13,606 2.66
Other borrowings 783 8 4.19 5,539 54 3.80 107,767 1,279 4.72
Subordinated debt 54,647 845 6.18 54,593 845 6.19 54,427 848 6.23
FHLB advances 3,034 11 1.52 39,445 412 4.12 52,926 485 3.63
Total interest-bearing liabilities $2,241,895 $14,672 2.60 % $2,228,117 $15,116 2.69 % $2,250,699 $16,218 2.87 %
Noninterest-bearing deposits $793,842 $790,398 $754,133
Net interest spread (TE)(1) 3.23 % 3.26 % 2.95 %
Net interest margin (TE)(1) 4.06 % 4.10 % 3.82 %
(1) Taxable equivalent (TE) amounts are calculated using a federal income
tax rate of 21%
HOME BANCORP, INC. AND SUBSIDIARY
Consolidated Net Interest Margin
(Unaudited)
Twelve Months Ended
12/31/2025
12/31/2024
(dollars in thousands) Average Interest Average Average Interest Average
Balance Yield/ Balance Yield/
Rate Rate
Interest-earning assets:
Loans receivable $2,742,263 $179,474 6.47 % $2,652,669 $170,255 6.33 %
Investment securities (TE)(1) 421,750 10,294 2.46 459,785 10,908 2.39
Other interest-earning assets 97,720 4,004 4.10 71,498 3,604 5.04
Total interest-earning assets $3,261,733 $193,772 5.88 % $3,183,952 $184,767 5.74 %
Interest-bearing liabilities:
Deposits:
Savings, checking, and money market $1,316,199 $22,575 1.72 % $1,277,083 $21,200 1.66 %
Certificates of deposit 793,858 30,802 3.88 704,981 31,580 4.48
Total interest-bearing deposits 2,110,057 53,377 2.53 1,982,064 52,780 2.66
Other borrowings 4,348 168 3.86 128,699 6,094 4.74
Subordinated debt 54,567 3,379 6.19 54,348 3,381 6.22
FHLB advances 83,681 3,594 4.24 56,956 2,250 3.92
Total interest-bearing liabilities $2,252,653 $60,518 2.68 % $2,222,067 $64,505 2.90 %
Noninterest-bearing deposits $773,650 $747,640
Net interest spread (TE)(1) 3.20 % 2.84 %
Net interest margin (TE)(1) 4.03 % 3.71 %
(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
(dollars in thousands) 12/31/2025 9/30/2025 6/30/2025 3/31/2025 12/31/2024
CREDIT QUALITY (1)
Nonaccrual loans:
One- to four-family first mortgage $6,531 $6,402 $6,272 $6,368 $7,039
Home equity loans and lines 531 1,008 1,033 372 279
Commercial real estate 9,011 10,016 7,669 4,349 3,304
Construction and land 15,367 9,847 6,103 5,584 1,622
Multi-family residential 1,281 973 916 930
Commercial and industrial 1,344 1,161 1,312 1,206 1,311
Consumer 46 60 35 161 27
Total nonaccrual loans $34,111 $29,467 $23,340 $18,970 $13,582
Accruing loans past due 90 days and over 65 55 12 77 16
Total nonperforming loans 34,176 29,522 23,352 19,047 13,598
Foreclosed assets and ORE 1,929 1,384 2,077 2,424 2,010
Total nonperforming assets $36,105 $30,906 $25,429 $21,471 $15,608
Nonperforming assets to total assets 1.03 % 0.88 % 0.73 % 0.62 % 0.45 %
Nonperforming loans to total assets 0.98 0.84 0.67 0.55 0.39
Nonperforming loans to total loans 1.25 1.09 0.84 0.69 0.50
ALLOWANCE FOR CREDIT LOSSES
Allowance for loan losses:
Beginning balance $32,827 $33,432 $33,278 $32,916 $32,278
(Reversal) provision for loan losses 480 (229) 489 394 873
Charge-offs (189) (488) (460) (226) (255)
Recoveries 24 112 125 194 20
Net charge-offs (165) (376) (335) (32) (235)
Ending balance $33,142 $32,827 $33,432 $33,278 $32,916
Reserve for unfunded lending commitments(2)
Beginning balance $1,730 $1,730 $2,700 $2,700 $2,460
(Reversal) provision for losses on (105) (970) 240
unfunded lending commitments
Ending balance $1,625 $1,730 $1,730 $2,700 $2,700
Total allowance for credit losses 34,767 34,557 35,162 35,978 35,616
Total loans $2,744,023 $2,705,895 $2,764,538 $2,747,277 $2,718,185
Total unfunded commitments 509,331 509,709 492,306 508,864 516,785
Allowance for loan losses to nonperforming 91.79 % 106.22 % 131.47 % 154.99 % 210.89 %
assets
Allowance for loan losses to nonperforming 96.97 111.20 143.17 174.72 242.07
loans
Allowance for loan losses to total loans 1.21 1.21 1.21 1.21 1.21
Allowance for credit losses to total loans 1.27 1.28 1.27 1.31 1.31
Year-to-date loan charge-offs $(1,363) $(1,174) $(686) $(226) $(1,285)
Year-to-date loan recoveries 455 431 319 194 249
Year-to-date net loan charge-offs $(908) $(743) $(367) $(32) $(1,036)
Annualized YTD net loan charge-offs to (0.03) % (0.04) % (0.03) % - % (0.04) %
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