Earnings release
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HOME BANCORP, INC. ANNOUNCES 2026 THIRD QUARTER RESULTS AND DECLARES QUARTERLYDIVIDEND LAFAYETTE, La., Oct. 19, 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 third quarter of 2026. For the quarter, the Company reported net income of $10.1 million, or$1.28 per diluted common share ("diluted EPS"), down $1.5 million from $11.6 million, or $1.48 diluted EPS, for the second quarter of 2026. "Quarterly results demonstrated the resilience of our core earnings, with net interest income holding essentially stable despite credit related interest reversalsand continued deposit pricing pressure," said John W. Bordelon, Chief Executive Officer of the Company and the Bank. "Although net interest margin declinedfive basis points to 4.19%, disciplined balance sheet management partially offset the impact of loans moving to nonaccrual status and higher funding cost. Weremain focused on protecting capital, preserving liquidity and deploying resources in ways that support sustainable earnings and long-term shareholder value." "We moved promptly to recognize and address emerging credit issues during the quarter," said Darren E. Guidry, President of the Company and the Bank. "Sixloan relationships totaling $19.5 million were placed on nonaccrual status, increasing criticized and nonperforming loans. Based on our current assessment, wedo not anticipate sizable losses from these relationships. Our priorities remain disciplined underwriting, active portfolio management and measured balancesheet growth that produces appropriate risk adjusted returns." Third Quarter 2026 Highlights Loans totaled $2.8 billion at September 30, 2026, down $4.0 million, or less than 1% (a decrease of 1% on an annualized basis), from June 30, 2026. Deposits totaled $3.1 billion at September 30, 2026, down $15.4 million, or 0.5% (a decrease of 2% on an annualized basis), from June 30, 2026. Coredeposits decreased $28.3 million, or 1.2% (a decrease of 5% on an annualized basis), during the third quarter of 2026 to $2.3 billion. Net interest income in the third quarter of 2026 totaled $35.9 million, up $110,000, or less than 1%, from the prior quarter. The net interest margin ("NIM") was 4.19% in the third quarter of 2026 compared to 4.24% in the second quarter of 2026. Credit related interest reversalsand higher deposit costs were the primary headwinds, while higher interest-earning asset yields and funding mix provided partial offsets. Net interestincome remained essentially stable at $35.9 million, demonstrating the earnings benefit of active balance sheet management. Nonperforming assets totaled $53.7 million, or 1.49% of total assets, at September 30, 2026, compared to $39.2 million, or 1.09% of total assets, at June30, 2026. The increase in nonperforming assets is primarily due to six loan relationships totaling $19.5 million which were moved to nonaccrual status,partially offset by payoffs and paydowns during the third quarter of 2026. The Company recorded a $1.0 million provision to the allowance for loan losses in the third quarter of 2026, compared to a $762,000 provision in thesecond quarter of 2026. The increase primarily reflected higher reserves on individually analyzed loans, partially offset by the reduction in total loans. Loans Loans totaled $2.8 billion at September 30, 2026, down $4.0 million, or less than 1%, from June 30, 2026. The following table summarizes the changes in theCompany's loan portfolio, net of unearned income, from June 30, 2026 through September 30, 2026. 9/30/20266/30/2026Increase (Decrease)Real estate loans:One- to four-family first mortgage$ 469,700$ 475,602$ (5,902)(1) %Home equity loans and lines91,279 90,529 750 1Commercial real estate1,224,2771,215,8288,449 1Construction and land 303,735 323,541(19,806)(6)Multi-family residential194,134 197,624 (3,490)(2)Total real estate loans2,283,1252,303,124(19,999)(1)Other loans:Commercial and industrial462,665 446,35216,313 4Consumer 29,074 29,414 (340) (1)Total other loans 491,739 475,76615,973 3Total loans $ 2,774,864$ 2,778,890$ (4,026)— % The average loan yield was 6.40% for the third quarter of 2026, down 6 basis points from the second quarter of 2026. Loans transferred to nonaccrual status andrelated interest income reversals of approximately $862,000 reduced the quarterly loan yield by approximately 12 basis points. Loan pricing and portfolio mixrecaptured approximately half of that pressure, limiting the reported decline to six basis points and supporting stable net interest income. Credit Quality and Allowance for Credit Losses Nonperforming assets ("NPAs") totaled $53.7 million, or 1.49% of total assets, at September 30, 2026, up $14.5 million, or 37%, from $39.2 million, or 1.09%of total assets, at June 30, 2026. The increase in NPAs during the third quarter of 2026 was primarily due to six loan relationships totaling $19.5 million placedon nonaccrual during the third quarter, partially offset by payoffs and paydowns. Management's timely recognition of these credits and ongoing workout effortsare intended to contain loss exposure. During the third quarter of 2026, the Company recorded net loan charge-offs of $586,000, compared to net loan charge-offs of $448,000 during the second quarter of 2026. The Company provisioned $1.0 million to the allowance for loan losses in the third quarter of 2026. At September 30, 2026, the allowance for loan lossestotaled $34.4 million, or 1.24% of total loans, compared to $34.0 million, or 1.22% of total loans, at June 30, 2026. Provisions to the allowance for loan lossesare based upon, among other factors, our estimation of current expected losses in our loan portfolio, which we evaluate on a quarterly basis. Changes inexpected losses consider various factors including the changing economic activity, borrower specific information impacting changes in risk ratings, projecteddelinquencies and the impact of industry-wide loan modification efforts, among other factors. The following tables present the Company's loan portfolio by credit quality classification as of September 30, 2026 and June 30, 2026. September 30, 2026Pass Special MentionSubstandardTotalOne- to four-family first mortgage$ 462,451$ —$ 7,249$ 469,700
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Home equity loans and lines90,766 — 513 91,279Commercial real estate1,170,731 14,422 39,1241,224,277Construction and land288,674 1,814 13,247 303,735Multi-family residential191,842 1,304 988 194,134Commercial and industrial436,301 4,643 21,721 462,665Consumer 29,055 — 19 29,074Total $ 2,669,820$ 22,183$ 82,861$ 2,774,864 June 30, 2026Pass Special MentionSubstandardTotalOne- to four-family first mortgage$ 468,132$ —$ 7,470$ 475,602Home equity loans and lines89,820 — 709 90,529Commercial real estate1,162,045 19,973 33,8101,215,828Construction and land314,811 1,826 6,904 323,541Multi-family residential194,864 1,166 1,594 197,624Commercial and industrial424,029 3,946 18,377 446,352Consumer 29,389 — 25 29,414Total $ 2,683,090$ 26,911 $ 68,889$ 2,778,890 Investment Securities The Company's investment securities portfolio totaled $415.6 million at September 30, 2026, an increase of $6.5 million, or 2%, from June 30, 2026. AtSeptember 30, 2026, the Company had a net unrealized loss position on its investment securities of $36.5 million, compared to a net unrealized loss of $25.0million at June 30, 2026. The Company's investment securities portfolio had an effective duration of 3.6 years and 3.4 years at September 30, 2026 and June 30,2026, respectively. During the third quarter of 2026, the Company made securities purchases of $40.7 million, compared to $39.3 million during the secondquarter of 2026. The Company had no securities sales during the third quarter of 2026 and second quarter of 2026. The following table summarizes the composition of the Company's investment securities portfolio at September 30, 2026. Amortized CostFair ValueAvailable for sale:U.S. agency mortgage-backed$ 341,618$ 314,724Collateralized mortgage obligations43,090 41,813Municipal bonds 52,703 45,116U.S. government agency9,636 8,942Corporate bonds 5,000 5,000Total available for sale$ 452,047$ 415,595 Approximately 31% of the investment securities portfolio was pledged as of September 30, 2026 to secure public deposits and the discount window with theFederal Reserve. As of September 30, 2026 and June 30, 2026, the Company had $129.6 million and $139.9 million, respectively, of securities pledged tosecure public deposits, and $572,000 and none, respectively, pledged to the Federal Reserve discount window. Deposits Total deposits were $3.1 billion at September 30, 2026, down $15.4 million, or less than 1%, from June 30, 2026. Core deposits or non-maturity depositsdecreased $28.3 million, or 1%, during the third quarter of 2026 to $2.3 billion. The following table summarizes the changes in the Company's deposits fromJune 30, 2026 to September 30, 2026. 9/30/20266/30/2026Increase (Decrease)Demand deposits$ 827,696$ 835,118 $ (7,422)(1) %Savings 192,180 197,412 (5,232)(3)Money market 585,742 571,474 14,268 2NOW 697,892 727,839 (29,947)(4)Certificates of deposit749,990 737,040 12,950 2Total deposits$ 3,053,500$ 3,068,883$ (15,383)(1) % The average rate on interest-bearing deposits increased 5 basis points from 2.28% for the second quarter of 2026 to 2.33% for the third quarter of 2026. AtSeptember 30, 2026, certificates of deposit maturing within the next 12 months totaled $729.4 million, or 97%, of total certificates of deposit. The total amounts of our uninsured deposits (deposits in excess of $250,000, as calculated in accordance with FDIC regulations) were $933.7 million atSeptember 30, 2026 and $959.4 million at June 30, 2026. Public funds in excess of the FDIC insurance limits are fully collateralized. Net Interest Income Net interest income increased $110,000 to $35.9 million in the third quarter, even as NIM decreased 5 basis points from 4.24% for the second quarter of 2026 to4.19% for the third quarter of 2026. The margin decline was primarily due to lower loan yields following the transfer of loans to nonaccrual status, whichresulted in approximately $862,000 of interest income reversals, and an increase in funding cost for average interest-bearing liabilities during the quarter. The average cost of interest-bearing deposits increased by 5 basis points in the third quarter of 2026 compared to the second quarter of 2026. The increase indeposit costs reflects increases in deposit rates to remain competitive in the market. Average other interest-earning assets were $150.9 million for the third quarter of 2026, down $7.3 million, or 5%, from the second quarter of 2026, primarilydue to a decrease in the average balance of cash and cash equivalents. Loan accretion income from acquired loans totaled $187,000 for the third quarter of 2026, down $14,000, or 7%, from the second quarter of 2026. Noninterest Income Noninterest income for the third quarter of 2026 totaled $4.2 million, up $282,000, or 7%, from the second quarter of 2026. The increase was related primarilyto other income (up $190,000) and service fees and charges (up $105,000), which were partially offset by a decrease in gain on sale of loans, net (down$75,000), for the third quarter of 2026 compared to the second quarter of 2026.
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Noninterest Expense Noninterest expense for the third quarter of 2026 totaled $26.3 million, up $1.8 million, or 7%, from the second quarter of 2026. The increase was primarilyrelated to foreclosed assets, net (up $1.7 million), and franchise and shares tax (up $192,000), which were partially offset by a decrease in other expenses (down$155,000) during the third quarter of 2026. Capital At September 30, 2026, shareholders' equity totaled $453.1 million, down $359,000, or less than 1%, compared to $453.5 million at June 30, 2026. Thedecrease was primarily due to the increase in accumulated other comprehensive loss on available for sale investment securities, which was partially offset by theCompany's earnings of $10.1 million during the third quarter of 2026. Preliminary Tier 1 leverage capital and total risk-based capital ratios were 12.33% and16.09%, respectively, at September 30, 2026, compared to 12.11% and 15.61%, respectively, at June 30, 2026. Dividend and Share Repurchases The Company announces that its Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.32 per share payable onNovember 13, 2026, to shareholders of record as of November 2, 2026. The Company repurchased 350 shares of its common stock during the third quarter of 2026 at an average price per share of $69.34. An additional 382,820shares remain eligible for purchase under the 2025 Repurchase Plan. The book value per share and tangible book value per share of the Company's commonstock was $57.55 and $46.97, respectively, at September 30, 2026. Conference Call Executive management will host a conference call to discuss third quarter 2026 results on Tuesday, October 20, 2026 at 10:30 a.m. CDT. Analysts, investors andinterested 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 investorpresentation 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 Quarter Ended9/30/20266/30/20263/31/202612/31/20259/30/2025Reported net income $ 10,097$ 11,615 $ 11,360 $ 11,411 $ 12,357Add: Core deposit intangible amortization, net tax165 166 185 203 213Non-GAAP tangible income $ 10,262$ 11,781 $ 11,545 $ 11,614 $ 12,570 Total assets $ 3,596,367$ 3,603,193$ 3,554,643$ 3,492,626$ 3,494,074Less: Intangible assets 83,304 83,513 83,723 83,957 84,214Non-GAAP tangible assets $ 3,513,063$ 3,519,680$ 3,470,920$ 3,408,669$ 3,409,860 Total shareholders' equity $ 453,098$ 453,457$ 444,410$ 435,094$ 423,044Less: Intangible assets 83,304 83,513 83,723 83,957 84,214Non-GAAP tangible shareholders' equity$ 369,794$ 369,944$ 360,687$ 351,137$ 338,830 Return on average equity 8.74 % 10.34 % 10.41 % 10.52 % 11.78 %Add: Average intangible assets 2.12 2.54 2.64 2.79 3.24Non-GAAP return on average tangible common equity10.86 % 12.88 % 13.05 % 13.31 % 15.02 % Common equity ratio 12.60 % 12.58 % 12.50 % 12.46 % 12.11 %Less: Intangible assets 2.07 2.07 2.11 2.16 2.17Non-GAAP tangible common equity ratio10.53 % 10.51 % 10.39 % 10.30 % 9.94 % Book value per share $ 57.55$ 57.63$ 56.73$ 55.56$ 54.05Less: Intangible assets 10.58 10.61 10.69 10.72 10.76Non-GAAP tangible book value per share$ 46.97$ 47.02$ 46.04$ 44.84$ 43.29 HOME BANCORP, INC. AND SUBSIDIARYCONDENSED STATEMENTS OF FINANCIAL CONDITION(Unaudited) 9/30/20266/30/20263/31/202612/31/20259/30/2025AssetsCash and cash equivalents $ 179,053$ 188,224$ 223,484$ 141,605$ 189,324Investment securities available for sale, at fair value415,595 408,582 385,729 391,448 383,340Investment securities held to maturity— 530 530 1,065 1,065Mortgage loans held for sale 774 1,566 1,558 1,558 1,932Loans, net of unearned income2,774,8642,778,8902,728,1462,744,0232,705,895Allowance for loan losses (34,427)(33,994)(33,680)(33,142)(32,827)Total loans, net of allowance for loan losses2,740,4372,744,8962,694,4662,710,8812,673,068Office properties and equipment, net51,467 51,538 50,502 48,995 45,223Cash surrender value of bank-owned life insurance50,426 50,131 49,842 49,557 49,269Goodwill and core deposit intangibles83,304 83,513 83,723 83,957 84,214Accrued interest receivable and other assets75,311 74,213 64,809 63,560 66,639Total Assets $ 3,596,367$ 3,603,193$ 3,554,643$ 3,492,626$ 3,494,074
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LiabilitiesDeposits $ 3,053,500$ 3,068,883$ 3,026,781$ 2,972,806$ 2,975,503Other borrowings — — — — 5,539Subordinated debt, net of issuance cost54,838 54,784 54,729 54,675 54,621Federal Home Loan Bank advances— — — 3,024 3,059Accrued interest payable and other liabilities34,931 26,069 28,723 27,027 32,308Total Liabilities 3,143,2693,149,7363,110,233 3,057,5323,071,030 Shareholders' EquityCommon stock 79 79 78 78 78Additional paid-in capital 172,362 171,234 169,995 168,963 168,016Common stock acquired by benefit plans(714) (803) (893) (982) (1,071)Retained earnings 309,679 302,171 293,554 284,834 275,912Accumulated other comprehensive loss(28,308)(19,224)(18,324)(17,799)(19,891)Total Shareholders' Equity 453,098 453,457 444,410 435,094 423,044Total Liabilities and Shareholders' Equity$ 3,596,367$ 3,603,193$ 3,554,643$ 3,492,626$ 3,494,074 HOME BANCORP, INC. AND SUBSIDIARYCONDENSED STATEMENTS OF INCOME(Unaudited) Three Months EndedNine Months Ended9/30/20266/30/20269/30/20259/30/20269/30/2025Interest IncomeLoans, including fees $ 45,236$ 45,001$ 45,607$ 133,954$ 134,926Investment securities 3,134 2,804 2,504 8,498 7,764Other investments and deposits1,373 1,414 1,111 4,250 2,362Total interest income 49,74349,21949,222146,702145,052Interest ExpenseDeposits 12,98412,56913,805 37,959 39,569Other borrowings — — 54 — 160Subordinated debt expense 844 845 845 2,534 2,534Federal Home Loan Bank advances— — 412 7 3,583Total interest expense 13,82813,41415,116 40,500 45,846Net interest income 35,91535,80534,106106,20299,206Provision (reversal) for loan losses1,019 762 (229) 2,703 654Net interest income after provision for loan losses34,89635,04334,335103,49998,552Noninterest IncomeService fees and charges 1,512 1,407 1,408 4,356 4,062Bank card fees 1,773 1,718 1,646 5,085 4,974Gain on sale of loans, net 154 229 144 613 635Income from bank-owned life insurance295 289 288 869 848(Loss) gain on sale of assets, net— (1) — (1) 7Other income 467 277 252 936 937Total noninterest income 4,201 3,919 3,738 11,858 11,463Noninterest ExpenseCompensation and benefits 15,15615,03613,531 43,906 39,505Occupancy 2,463 2,614 2,544 7,506 7,618Marketing and advertising 435 522 515 1,451 1,405Data processing and communication2,834 2,655 2,556 8,118 7,826Professional fees 422 417 406 1,240 1,207Forms, printing and supplies 178 179 175 576 578Franchise and shares tax 532 340 475 1,212 1,434Regulatory fees 471 460 459 1,393 1,477Foreclosed assets, net 2,042 385 377 2,481 1,023Amortization of acquisition intangible209 210 268 653 830Reversal for credit losses on unfunded commitments— — — — (970)Other expenses 1,581 1,736 1,225 5,281 4,584Total noninterest expense 26,32324,55422,531 73,817 66,517Income before income tax expense12,77414,40815,542 41,540 43,498Income tax expense 2,677 2,793 3,185 8,468 8,847Net income $ 10,097$ 11,615$ 12,357$ 33,072$ 34,651 Earnings per share - basic $ 1.30$ 1.49$ 1.60$ 4.26$ 4.45 Earnings per share - diluted $ 1.28$ 1.48$ 1.59$ 4.21$ 4.41 Cash dividends declared per common share$ 0.32$ 0.31$ 0.29$ 0.94$ 0.83 HOME BANCORP, INC. AND SUBSIDIARYSUMMARY FINANCIAL INFORMATION(Unaudited) Three Months Ended Nine Months Ende9/30/2026 6/30/2026 9/30/2025 9/30/2026 9
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EARNINGS DATATotal interest income $ 49,743 $ 49,219 $ 49,222 $ 146,702Total interest expense 13,828 13,414 15,116 40,500Net interest income 35,915 35,805 34,106 106,202Provision for loan losses 1,019 762 (229) 2,703Total noninterest income 4,201 3,919 3,738 11,858Total noninterest expense 26,323 24,554 22,531 73,817Income tax expense 2,677 2,793 3,185 8,468Net income $ 10,097 $ 11,615 $ 12,357 $ 33,072 AVERAGE BALANCE SHEET DATATotal assets $ 3,588,774$ 3,564,832$ 3,467,070$ 3,562,136$ Total interest-earning assets 3,363,094 3,341,316 3,255,291 3,338,553Total loans 2,773,575 2,762,370 2,743,695 2,757,008Total interest-bearing deposits 2,211,365 2,208,807 2,128,540 2,205,625Total interest-bearing liabilities2,266,175 2,263,561 2,228,117 2,261,009Total deposits 3,043,559 3,029,628 2,918,938 3,025,372Total shareholders' equity 458,174 450,365 416,239 450,440 PER SHARE DATAEarnings per share - basic $ 1.30 $ 1.49 $ 1.60 $ 4.26Earnings per share - diluted 1.28 1.48 1.59 4.21Book value at period end 57.55 57.63 54.05 57.55Tangible book value at period end46.97 47.02 43.29 46.97Shares outstanding at period end7,873,701 7,868,139 7,827,481 7,873,701Weighted average shares outstandingBasic 7,795,970 7,768,468 7,712,707 7,768,603Diluted 7,874,209 7,853,358 7,782,979 7,851,618 SELECTED RATIOS (1) Return on average assets 1.12 % 1.31 % 1.41 % 1.24 %Return on average equity 8.74 10.34 11.78 9.82Common equity ratio 12.60 12.58 12.11 12.60Efficiency ratio (2) 65.62 61.81 59.54 62.52Average equity to average assets 12.77 12.63 12.01 12.65Tier 1 leverage capital ratio (3) 12.33 12.11 11.80 12.33 Total risk-based capital ratio (3) 16.09 15.61 15.24 16.09Net interest margin (4) 4.19 4.24 4.10 4.20 SELECTED NON-GAAP RATIOS (1) Tangible common equity ratio (5) 10.53 % 10.51 % 9.94 % 10.53 %Return on average tangible common equity (6) 10.86 12.88 15.02 12.24(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 noninterestincome.(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 amarginal 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-GAAPReconciliation" 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 commonshareholders' equity less average intangible assets. See "Non-GAAP Reconciliation" for additional information. HOME BANCORP, INC. AND SUBSIDIARYConsolidated Net Interest Margin(Unaudited) Three Months Ended9/30/2026 6/30/2026AverageBalanceInterest AverageYield/ RateAverageBalanceInterest AverageYield/ RateAverageBalanceInterest-earning assets:Loans receivable $ 2,773,575$ 45,2366.40 %$ 2,762,370$ 45,0016.46 %$ 2,743,695Investment securities (TE)(1) 438,596 3,134 2.87 420,771 2,804 2.68 411,889Other interest-earning assets150,923 1,373 3.61 158,175 1,414 3.59 99,707Total interest-earning assets$ 3,363,094$ 49,7435.82 %$ 3,341,316$ 49,2195.85 %$ 3,255,291Interest-bearing liabilities:Deposits:Savings, checking, and money market$ 1,467,688$ 6,5241.76 %$ 1,471,806$ 6,2971.72 %$ 1,301,888Certificates of deposit 743,677 6,460 3.45 737,001 6,272 3.41 826,652Total interest-bearing deposits2,211,365 12,984 2.33 2,208,80712,569 2.28 2,128,540Other borrowings — — — — — — 5,539
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Subordinated debt 54,810 844 6.17 54,754 845 6.17 54,593FHLB advances — — — — — — 39,445Total interest-bearing liabilities$ 2,266,175$ 13,8282.42 %$ 2,263,561$ 13,4142.38 %$ 2,228,117Noninterest-bearing deposits$ 832,194 $ 820,821 $ 790,398Net interest spread (TE)(1) 3.40 % 3.47 %Net interest margin (TE)(1) 4.19 % 4.24 %(1) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. HOME BANCORP, INC. AND SUBSIDIARYConsolidated Net Interest Margin(Unaudited) Nine Months Ended9/30/2026 9/30/2025AverageBalance Interest AverageYield/ RateAverageBalance Interest AverageYield/ RateInterest-earning assets:Loans receivable $ 2,757,008$ 133,9546.42 %$ 2,750,985$ 134,9266.49 %Investment securities (TE)(1) 422,340 8,498 2.70 425,915 7,764 2.45Other interest-earning assets159,205 4,250 3.57 75,702 2,362 4.17Total interest-earning assets$ 3,338,553$ 146,7025.82 %$ 3,252,602$ 145,0525.90 %Interest-bearing liabilities:Deposits:Savings, checking, and money market$ 1,457,177$ 18,6291.71 %$ 1,301,660$ 16,7151.72 %Certificates of deposit 748,448 19,330 3.45 783,670 22,854 3.90Total interest-bearing deposits2,205,625 37,959 2.30 2,085,330 39,569 2.54Other borrowings — — — 5,550 160 3.84Subordinated debt 54,755 2,534 6.17 54,540 2,534 6.20FHLB advances 629 7 1.51 110,858 3,583 4.27Total interest-bearing liabilities$ 2,261,009$ 40,5002.39 %$ 2,256,278$ 45,8462.71 %Noninterest-bearing deposits$ 819,747 $ 766,846Net interest spread (TE)(1) 3.43 % 3.19 %Net interest margin (TE)(1) 4.20 % 4.02 %(1)Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%. HOME BANCORP, INC. AND SUBSIDIARYSUMMARY CREDIT QUALITY INFORMATION(Unaudited) Three Months Ended9/30/20266/30/20263/31/202612/31/20259/30/2025 CREDIT QUALITY (1) Nonaccrual loans:One- to four-family first mortgage $ 6,792$ 6,423$ 8,337$ 6,531$ 6,402Home equity loans and lines 513 709 542 531 1,008Commercial real estate 22,354 10,092 10,837 9,011 10,016Construction and land 4,808 5,277 12,812 15,367 9,847Multi-family residential 679 1,281 1,281 1,281 973Commercial and industrial 6,721 2,585 1,945 1,344 1,161Consumer 19 25 41 46 60Total nonaccrual loans $ 41,886$ 26,392$ 35,795$ 34,111 $ 29,467Accruing loans 90 days or more past due282 32 14 65 55Total nonperforming loans 42,168 26,424 35,809 34,176 29,522Foreclosed assets and ORE 11,568 12,786 4,093 1,929 1,384Total nonperforming assets $ 53,736$ 39,210$ 39,902$ 36,105$ 30,906 Nonperforming assets to total assets1.49 % 1.09 % 1.12 % 1.03 % 0.88 %Nonperforming loans to total assets1.17 0.73 1.01 0.98 0.84Nonperforming loans to total loans1.52 0.95 1.31 1.25 1.09 ALLOWANCE FOR CREDIT LOSSESAllowance for loan losses:Beginning balance $ 33,994$ 33,680$ 33,142$ 32,827$ 33,432Provision (reversal) for loan losses1,019 762 922 480 (229)Charge-offs (653) (564) (413) (189) (488)Recoveries 67 116 29 24 112Net charge-offs (586) (448) (384) (165) (376)Ending balance $ 34,427$ 33,994$ 33,680$ 33,142$ 32,827 Reserve for unfunded lending commitments(2)
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Beginning balance $ 1,625$ 1,625$ 1,625$ 1,730$ 1,730Reversal for losses on unfunded lending commitments— — — (105) —Ending balance $ 1,625$ 1,625$ 1,625$ 1,625$ 1,730Total allowance for credit losses36,052 35,619 35,305 34,767 34,557 Total loans $ 2,774,864$ 2,778,890$ 2,728,146$ 2,744,023$ 2,705,895Total unfunded commitments 553,656 520,729 533,398 509,331 509,709 Allowance for loan losses to nonperforming assets64.07 % 86.70 % 84.41 % 91.79 %106.22 %Allowance for loan losses to nonperforming loans81.64 128.65 94.05 96.97 111.20Allowance for loan losses to total loans1.24 1.22 1.23 1.21 1.21Allowance for credit losses to total loans1.30 1.28 1.29 1.27 1.28 Year-to-date loan charge-offs $ (1,630)$ (977)$ (413)$ (1,363)$ (1,174)Year-to-date loan recoveries 212 145 29 455 431Year-to-date net loan charge-offs $ (1,418)$ (832)$ (384)$ (908)$ (743)Annualized YTD net loan charge-offs to average loans(0.07) % (0.06) % (0.06) % (0.03) % (0.04) %(1)It is our policy to cease accruing interest on loans 90 days or more past due, with certain limited exceptions. Nonperforming assets consist ofnonperforming loans, foreclosed assets and surplus real estate (ORE). Foreclosed assets consist of assets acquired through foreclosure or acceptance oftitle 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 ofFinancial Condition. SOURCE Home Bancorp, Inc. For further information: John W. Bordelon, Chairman of the Board and CEO, (337) 237-1960