Home Federal Bancorp, Inc. of Louisiana
For the period ended Dec 31, 2024. Filed Feb 12, 2025.
View on SEC.govAbout this filing
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.
Dec 31, 2024 · Filed Feb 12, 2025
HFBL$23.97+7.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements Income
CONSOLIDATEDSTATEMENTS OF INCOME
(In thousands except share and per share data)
| Three Months Ended December 31, | Six Months Ended December 31, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| INTEREST INCOME · (Unaudited) · (Unaudited) | ||||
| Loans, including fees | $6,791 | $7,397 | $13,686 | $14,671 |
| Investment securities | 63 | 210 | 130 | 449 |
| Mortgage-backed securities | 470 | 460 | 913 | 933 |
| Other interest-earning assets | 334 | 13 | 670 | 101 |
| Total Interest Income | 7,658 | 8,080 | 15,399 | 16,154 |
| INTEREST EXPENSE | ||||
| Deposits | 2,977 | 2,901 | 6,175 | 5,494 |
| Federal Home Loan Bank borrowings | - | 78 | - | 93 |
| Other bank borrowings | 81 | 198 | 198 | 381 |
| Total Interest Expense | 3,058 | 3,177 | 6,373 | 5,968 |
| Net Interest Income | 4,600 | 4,903 | 9,026 | 10,186 |
| PROVISION FOR (RECOVERY OF) CREDIT LOSSES | 45 | (16) | (178) | (16) |
| Net Interest Income After Provision for Credit Losses | 4,555 | 4,919 | 9,204 | 10,202 |
| NON-INTEREST INCOME | ||||
| Loss on sale of real estate | (12) | (381) | (266) | (415) |
| Gain on sale of loans | 5 | 76 | 101 | 115 |
| Loss on sale of securities | (6) | - | (6) | - |
| Income on Bank-Owned Life Insurance | 30 | 28 | 58 | 54 |
| Service charges on deposit accounts | 392 | 397 | 783 | 788 |
| Other income | 79 | 17 | 118 | 30 |
| Total Non-Interest Income | 488 | 137 | 788 | 572 |
| NON-INTEREST EXPENSE | ||||
| Compensation and benefits | 2,229 | 2,328 | 4,531 | 4,684 |
| Occupancy and equipment | 537 | 544 | 1,101 | 1,092 |
| Data processing | 336 | 129 | 554 | 374 |
| Audit and examination fees | 191 | 271 | 323 | 373 |
| Franchise and bank shares tax | 1 | 164 | 169 | 320 |
| Advertising | 44 | 82 | 101 | 225 |
| Legal fees | 134 | 187 | 251 | 347 |
| Loan and collection | 30 | 32 | 58 | 92 |
| Amortization Core Deposit Intangible | 72 | 85 | 146 | 179 |
| Deposit insurance premium | 75 | 108 | 165 | 199 |
| Other expenses | 187 | 319 | 447 | 552 |
| Total Non-Interest Expense | 3,836 | 4,249 | 7,846 | 8,437 |
| Income Before Income Taxes | 1,207 | 807 | 2,146 | 2,337 |
| PROVISION FOR INCOME TAX EXPENSE (BENEFIT) | 187 | (196) | 185 | 114 |
| NET INCOME | $1,020 | $1,003 | $1,961 | $2,223 |
| EARNINGS PER SHARE | ||||
| Basic | $0.33 | $0.33 | $0.64 | $0.73 |
| Diluted | $0.33 | $0.33 | $0.64 | $0.72 |
Index
CONSOLIDATEDSTATEMENTS OFCOMPREHENSIVE INCOME
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.