Home Bancorp, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2022
October 18, 2022 at 08:00 am EDT
Share
Home Bancorp, Inc. reported earnings results for the third quarter ended September 30, 2022. For the third quarter, the company reported net interest income was USD 31.98 million compared to USD 27.13 million a year ago. Net income was USD 10.43 million compared to USD 15.06 million a year ago.
Basic earnings per share from continuing operations was USD 1.29 compared to USD 1.8 a year ago. Diluted earnings per share from continuing operations was USD 1.28 compared to USD 1.79 a year ago.
Home Bancorp, Inc. is the holding company for Home Bank, N.A. (the Bank). The Bank is a wholly owned subsidiary of the Company, conducts business through approximately 42 banking offices in the Acadiana, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana, the Natchez region of west Mississippi and the Houston region of Texas. The Bank is primarily engaged in attracting deposits from the general public and using those funds to invest in loans and securities. The Bankâs principal sources of funds are customer deposits, repayments of loans, repayments of investments and funds borrowed from outside sources such as the Federal Home Loan Bank (FHLB) of Dallas. These funds are primarily used for the origination of loans, including one-to four-family first mortgage loans, home equity loans and lines, commercial real estate loans, construction and land loans, multifamily residential loans, commercial and industrial loans, and consumer loans.
HOME BANCORP, INC. 