Home Federal Bancorp Inc of Louisiana
For the period ended Mar 31, 2024. Filed May 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 14, 2024
HFBL$23.97+7.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Consolidated Statements of Financial Condition
HOME FEDERAL BANCORP, INC. OF LOUISIANA
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (In thousands except share and per share data)
| March 31, 2024 | June 30, 2023 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Cash and Cash Equivalents (Includes Interest-Bearing Deposits with Other Banks of $2,681 and $22,215 at March 31, 2024 and June 30, 2023, respectively) | $8,019 | $24,765 |
| Securities Available-for-Sale, at fair value (amortized cost March 31, 2024: $33,089; June 30, 2023: $42,910, respectively) | 29,829 | 39,551 |
| Securities Held-to-Maturity, at amortized cost (fair value March 31, 2024: $55,660; June 30, 2023: $59,678, respectively) | 68,706 | 72,879 |
| Other Securities | 1,596 | 1,544 |
| Loans Held-for-Sale | 1,904 | 4 |
| Loans Receivable, Net of Allowance for Credit Losses (March 31, 2024: $4,887; June 30, 2023: $5,173, respectively) | 499,267 | 489,493 |
| Accrued Interest Receivable | 1,932 | 1,790 |
| Premises and Equipment, Net | 18,161 | 16,561 |
| Bank Owned Life Insurance | 6,782 | 6,700 |
| Goodwill | 2,990 | 2,990 |
| Core Deposit Intangible | 1,275 | 1,533 |
| Deferred Tax Asset | 1,273 | 1,313 |
| Real Estate Owned | - | 368 |
| Other Assets | 1,292 | 1,424 |
| Total Assets | $643,026 | $660,915 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| LIABILITIES | ||
| Deposits: | ||
| Non-interest bearing | $132,577 | $145,553 |
| Interest-bearing | 446,304 | 451,808 |
| Total Deposits | 578,881 | 597,361 |
| Advances from Borrowers for Taxes and Insurance | 416 | 554 |
| Other Borrowings | 8,500 | 8,550 |
| Other Accrued Expenses and Liabilities | 2,679 | 3,908 |
| Total Liabilities | 590,476 | 610,373 |
| STOCKHOLDERS’ EQUITY | ||
| Preferred Stock - $0.01 Par Value; 10,000,000 Shares Authorized; None Issued and Outstanding | - | - |
| Common Stock - $0.01 Par Value; 40,000,000 Shares Authorized: 3,145,236 and 3,133,351 Shares Issued and Outstanding at March 31, 2024 and June 30, 2023, respectively | 32 | 31 |
| Additional Paid-in Capital | 41,321 | 40,981 |
| Unearned ESOP Stock | (437) | (523) |
| Retained Earnings | 14,257 | 12,707 |
| Accumulated Other Comprehensive Loss | (2,623) | (2,654) |
| Total Stockholders’ Equity | 52,550 | 50,542 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $643,026 | $660,915 |
Index
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