Hometrust Bancshares, Inc. and Hometrust Bank Announces Demise of Sidney A. Biesecker, Director
October 26, 2023 at 04:29 pm EDT
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On October 24, 2023, Sidney A. Biesecker, a director of HomeTrust Bancshares, Inc. and HomeTrust Bank, a wholly owned subsidiary of the Company (the ?Bank?), passed away. Mr. Biesecker had been a director of the Bank since 2010 and a director of the Company since its initial public offering in 2012. Mr. Biesecker also served as Senior Vice President of the Bank and President of the Bank?s Industrial Federal Bank division until his retirement from those positions in 2015.
The Company and the Bank deeply appreciate Mr. Biesecker?s years of dedicated service and extend their sincerest condolences to his family.
HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank (the Bank). The Bank is a state-chartered, community-focused financial institution committed to providing value-added relationship banking with over 30 locations, as well as online/mobile channels. Its principal business consists of attracting deposits from the general public and investing those funds, along with borrowed funds, in commercial real estate loans, construction and development loans, commercial and industrial loans, equipment finance leases, municipal leases, loans secured by first and second mortgages on one-to-four family residences, including home equity loans and other consumer loans. It also originates one-to-four family loans, SBA loans and HELOCs to sell to third parties. It invests in debt securities issued by United States Government agencies and GSEs, municipal bonds, corporate bonds, commercial paper and certificates of deposit insured by the Federal Deposit Insurance Corporation.