HOME BANCORP INC
For the period ended Sep 30, 2024. Filed Nov 1, 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.
Sep 30, 2024 · Filed Nov 1, 2024
HBCP$61.45-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| (dollars in thousands, except per share data) | 2024 | 2023 | 2024 | 2023 |
| Interest Income | ||||
| Loans, including fees | $43,711 | $38,490 | $126,277 | $109,518 |
| Investment securities: | ||||
| Taxable interest | 2,604 | 2,863 | 7,986 | 8,772 |
| Tax-exempt interest | 73 | 76 | 219 | 295 |
| Other investments and deposits | 991 | 649 | 2,481 | 1,679 |
| Total interest income | 47,379 | 42,078 | 136,963 | 120,264 |
| Interest Expense | ||||
| Deposits | 13,908 | 8,181 | 39,174 | 16,968 |
| Other borrowings | 1,673 | 53 | 4,815 | 161 |
| Subordinated debt expense | 844 | 845 | 2,533 | 2,546 |
| Short-term Federal Home Loan Bank advances | 252 | 3,150 | 798 | 8,382 |
| Long-term Federal Home Loan Bank advances | 320 | 340 | 967 | 797 |
| Total interest expense | 16,997 | 12,569 | 48,287 | 28,854 |
| Net interest income | 30,382 | 29,509 | 88,676 | 91,410 |
| Provision for loan losses | 140 | 351 | 1,542 | 1,676 |
| Net interest income after provision for loan losses | 30,242 | 29,158 | 87,134 | 89,734 |
| Noninterest Income | ||||
| Service fees and charges | 1,291 | 1,277 | 3,784 | 3,757 |
| Bank card fees | 1,613 | 1,903 | 4,939 | 5,405 |
| Gain on sale of loans, net | 195 | 687 | 408 | 770 |
| Income from bank-owned life insurance | 281 | 265 | 818 | 778 |
| Loss on sale of securities, net | — | — | — | (249) |
| Loss on sale of assets, net | (10) | — | (6) | (20) |
| Other income | 322 | 267 | 1,053 | 717 |
| Total noninterest income | 3,692 | 4,399 | 10,996 | 11,158 |
| Noninterest Expense | ||||
| Compensation and benefits | 13,058 | 12,492 | 38,016 | 37,532 |
| Occupancy | 2,732 | 2,410 | 7,789 | 7,207 |
| Marketing and advertising | 382 | 638 | 1,333 | 1,387 |
| Data processing and communication | 2,646 | 2,496 | 7,715 | 6,949 |
| Professional services | 450 | 402 | 1,506 | 1,225 |
| Forms, printing and supplies | 188 | 195 | 580 | 586 |
| Franchise and shares tax | 488 | 542 | 1,463 | 1,624 |
| Regulatory fees | 493 | 511 | 1,471 | 1,451 |
| Foreclosed assets and ORE, net | 62 | 99 | 216 | (590) |
| Amortization of acquisition intangible | 328 | 389 | 1,011 | 1,224 |
| (Reversal) provision for credit losses on unfunded commitments | — | — | (134) | 361 |
| Other expenses | 1,431 | 1,164 | 3,968 | 3,281 |
| Total noninterest expense | 22,258 | 21,338 | 64,934 | 62,237 |
| Income before income tax expense | 11,676 | 12,219 | 33,196 | 38,655 |
| Income tax expense | 2,239 | 2,465 | 6,442 | 7,800 |
| Net Income | $9,437 | $9,754 | $26,754 | $30,855 |
| Earnings per share: | ||||
| Basic | $1.19 | $1.22 | $3.36 | $3.84 |
| Diluted | $1.18 | $1.22 | $3.34 | $3.82 |
| Cash dividends declared per common share | $0.25 | $0.25 | $0.75 | $0.75 |
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