HOME BANCORP, INC. ANNOUNCES 2026 THIRD QUARTER RESULTS AND DECLARES QUARTERLY DIVIDEND

Six loan relationships totaling $19.5 million moved to nonaccrual status, while preliminary regulatory capital ratios improved.

Rhea-AI Summary

Home Bancorp (Nasdaq: HBCP) reported third-quarter 2026 net income of $10.1 million, down from the second quarter as credit quality weakened. Diluted earnings per share fell to $1.28 from $1.48. Net interest income increased $110,000 to $35.9 million, while net interest margin narrowed to 4.19% from 4.24%.

Nonperforming assets rose 37% to $53.7 million, or 1.49% of assets, after six loan relationships totaling $19.5 million moved to nonaccrual status. The loan-loss provision increased to $1.0 million from $762,000. Loans declined $4.0 million to $2.8 billion, and deposits fell $15.4 million to $3.1 billion. Noninterest expense rose 7% to $26.3 million. Preliminary capital ratios improved, although shareholders' equity slipped to $453.1 million. A $0.32 quarterly dividend is payable November 13, 2026, to shareholders of record November 2.

8 points · 0 major

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0 major · 19 points

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Positive

• Minor pointNet interest income increased $110,000 quarter over quarter to $35.9 million in third-quarter 2026.
• Minor pointNoninterest income rose $282,000, or 7%, from second-quarter 2026 to $4.2 million.
• Minor pointPreliminary Tier 1 leverage ratio improved to 12.33% at September 30 from 12.11% at June 30.
• Minor pointPreliminary total risk-based capital ratio increased to 16.09% at September 30 from 15.61% at June 30.
• Minor pointLoan-loss allowance increased to $34.4 million, or 1.24% of loans, from $34.0 million and 1.22% at June 30.

3 minor points

• Minor pointSpecial-mention loans, a credit-quality category, declined to $22.183 million at September 30 from $26.911 million at June 30.
• Minor pointUninsured deposits decreased to $933.7 million at September 30 from $959.4 million at June 30.
• Minor point. Forward-looking: it has not happened yet and may not happen.Credit-loss outlook: management does not anticipate sizable losses from the six relationships newly placed on nonaccrual.

Negative

• Moderate pointNet income fell to $10.1 million in third-quarter 2026 from $11.6 million in second-quarter 2026.
• Moderate pointNonperforming assets rose 37% from June 30 to $53.7 million, reaching 1.49% of assets versus 1.09%.
• Moderate pointLoan-loss provision increased to $1.0 million in third-quarter 2026 from $762,000 in second-quarter 2026.
• Moderate pointNoninterest expense rose $1.8 million, or 7%, from second-quarter 2026 to $26.3 million.
• Moderate pointUnrealized securities losses widened to $36.5 million at September 30 from $25.0 million at June 30.

14 minor points

• Minor pointDiluted EPS declined to $1.28 in third-quarter 2026 from $1.48 in second-quarter 2026.
• Minor pointSix loan relationships totaling $19.5 million moved to nonaccrual status during third-quarter 2026.
• Minor pointSubstandard loans, a credit-quality category, increased to $82.861 million at September 30 from $68.889 million at June 30.
• Minor pointNet loan charge-offs rose to $586,000 in third-quarter 2026 from $448,000 in second-quarter 2026.
• Minor pointNet interest margin narrowed five basis points to 4.19% in third-quarter 2026 from 4.24% in second-quarter 2026.
• Minor pointAverage loan yield fell six basis points quarter over quarter to 6.40% in third-quarter 2026.
• Minor pointInterest income reversals of approximately $862,000 accompanied loans moving to nonaccrual status in third-quarter 2026.
• Minor pointInterest-bearing deposit costs rose five basis points to 2.33% in third-quarter 2026 from 2.28% in second-quarter 2026.
• Minor pointTotal loans declined $4.0 million from June 30 to $2.8 billion at September 30, 2026.
• Minor pointTotal deposits decreased $15.4 million from June 30 to $3.1 billion at September 30, 2026.
• Minor pointCore deposits fell $28.3 million during third-quarter 2026 to $2.3 billion.
• Minor pointShareholders' equity decreased $359,000 from June 30 to $453.1 million at September 30, 2026.
• Minor pointCertificates of deposit totaling $729.4 million, or 97%, mature within 12 months of September 30, 2026.
• Minor pointLoan accretion income from acquired loans fell $14,000, or 7%, quarter over quarter to $187,000.

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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 reversals and continued deposit pricing pressure," said John W. Bordelon, Chief Executive Officer of the Company and the Bank. "Although net interest margin declined five basis points to 4.19%, disciplined balance sheet management partially offset the impact of loans moving to nonaccrual status and higher funding cost. We remain 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. "Six loan relationships totaling $19.5 million were placed on nonaccrual status, increasing criticized and nonperforming loans. Based on our current assessment, we do not anticipate sizable losses from these relationships. Our priorities remain disciplined underwriting, active portfolio management and measured balance sheet 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. Core deposits 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 reversals and higher deposit costs were the primary headwinds, while higher interest-earning asset yields and funding mix provided partial offsets. Net interest income 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 June 30, 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 the second 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 the Company's loan portfolio, net of unearned income, from June 30, 2026 through September 30, 2026.

(dollars in thousands)		9/30/2026		6/30/2026		Increase (Decrease)
Real estate loans:
One- to four-family first mortgage		$       469,700		$       475,602		$   (5,902)		(1) %
Home equity loans and lines		91,279		90,529		750		1
Commercial real estate		1,224,277		1,215,828		8,449		1
Construction and land		303,735		323,541		(19,806)		(6)
Multi-family residential		194,134		197,624		(3,490)		(2)
Total real estate loans		2,283,125		2,303,124		(19,999)		(1)
Other loans:
Commercial and industrial		462,665		446,352		16,313		4
Consumer		29,074		29,414		(340)		(1)
Total other loans		491,739		475,766		15,973		3
Total 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 and related interest income reversals of approximately $862,000 reduced the quarterly loan yield by approximately 12 basis points. Loan pricing and portfolio mix recaptured 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 placed on nonaccrual during the third quarter, partially offset by payoffs and paydowns. Management's timely recognition of these credits and ongoing workout efforts are 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 losses totaled $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 losses are based upon, among other factors, our estimation of current expected losses in our loan portfolio, which we evaluate on a quarterly basis. Changes in expected losses consider various factors including the changing economic activity, borrower specific information impacting changes in risk ratings, projected delinquencies 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, 2026
(dollars in thousands)		Pass		Special Mention		Substandard		Total
One- to four-family first mortgage		$      462,451		$            —		$        7,249		$      469,700
Home equity loans and lines		90,766		—		513		91,279
Commercial real estate		1,170,731		14,422		39,124		1,224,277
Construction and land		288,674		1,814		13,247		303,735
Multi-family residential		191,842		1,304		988		194,134
Commercial and industrial		436,301		4,643		21,721		462,665
Consumer		29,055		—		19		29,074
Total		$   2,669,820		$       22,183		$       82,861		$   2,774,864
	June 30, 2026
(dollars in thousands)		Pass		Special Mention		Substandard		Total
One- to four-family first mortgage		$      468,132		$            —		$        7,470		$      475,602
Home equity loans and lines		89,820		—		709		90,529
Commercial real estate		1,162,045		19,973		33,810		1,215,828
Construction and land		314,811		1,826		6,904		323,541
Multi-family residential		194,864		1,166		1,594		197,624
Commercial and industrial		424,029		3,946		18,377		446,352
Consumer		29,389		—		25		29,414
Total		$   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. At September 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 $25.0 million 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 second quarter 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.

(dollars in thousands)		Amortized Cost		Fair Value
Available for sale:
U.S. agency mortgage-backed		$    341,618		$    314,724
Collateralized mortgage obligations		43,090		41,813
Municipal bonds		52,703		45,116
U.S. government agency		9,636		8,942
Corporate bonds		5,000		5,000
Total 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 the Federal Reserve. As of September 30, 2026 and June 30, 2026, the Company had $129.6 million and $139.9 million, respectively, of securities pledged to secure 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 deposits decreased $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 from June 30, 2026 to September 30, 2026.

(dollars in thousands)		9/30/2026		6/30/2026		Increase (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		2
NOW		697,892		727,839		(29,947)		(4)
Certificates of deposit		749,990		737,040		12,950		2
Total 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. At September 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 at September 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 to 4.19% for the third quarter of 2026. The margin decline was primarily due to  lower loan yields following the transfer of loans to nonaccrual status, which resulted 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 in deposit 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, primarily due 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 primarily to 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.

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 primarily related 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. The decrease was primarily due to the increase in accumulated other comprehensive loss on available for sale investment securities, which was partially offset by the Company'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% and 16.09%, 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 on November 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 382,820 shares remain eligible for purchase under the 2025 Repurchase Plan. The book value per share and tangible book value per share of the Company's common stock 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 and interested 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 investor presentation 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

This news release contains financial information determined by methods other than in accordance with generally accepted accounting principles ("GAAP"). The Company's management uses this non-GAAP financial information in its analysis of the Company's performance. In this news release, information is included which excludes intangible assets. Management believes the presentation of this non-GAAP financial information provides useful information that is helpful to a full understanding of the Company's financial position and operating results. This non-GAAP financial information should not be viewed as a substitute for financial information determined in accordance with GAAP, nor is it necessarily comparable to non-GAAP financial information presented by other companies. A reconciliation on non-GAAP information included herein to GAAP is presented below.

		Quarter Ended
(dollars in thousands, except per share data)		9/30/2026		6/30/2026		3/31/2026		12/31/2025		9/30/2025
Reported net income		$     10,097		$     11,615		$     11,360		$     11,411		$     12,357
Add: Core deposit intangible amortization, net tax		165		166		185		203		213
Non-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		$  3,494,074
Less: Intangible assets		83,304		83,513		83,723		83,957		84,214
Non-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		$    423,044
Less: Intangible assets		83,304		83,513		83,723		83,957		84,214
Non-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		3.24
Non-GAAP return on average tangible common equity		10.86 %		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		2.17
Non-GAAP tangible common equity ratio		10.53 %		10.51 %		10.39 %		10.30 %		9.94 %
Book value per share		$       57.55		$       57.63		$       56.73		$       55.56		$       54.05
Less: Intangible assets		10.58		10.61		10.69		10.72		10.76
Non-GAAP tangible book value per share		$       46.97		$       47.02		$       46.04		$       44.84		$       43.29

This news release contains certain forward-looking statements. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "anticipate," "intend," "plan," "estimate" or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could" or "may."

Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors - many of which are beyond our control - could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. Home Bancorp's Annual Report on Form 10-K for the year ended December 31, 2025 describes some of these factors, including risk elements in the loan portfolio, risks related to our deposit activities, the level of the allowance for credit losses, risks of our growth strategy, geographic concentration of our business, dependence on our management team, risks of market rates of interest and of regulation on our business and risks of competition. Forward-looking statements speak only as of the date they are made. We do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made or to reflect the occurrence of unanticipated events.

HOME BANCORP, INC. AND SUBSIDIARY
CONDENSED STATEMENTS OF FINANCIAL CONDITION
(Unaudited)
(dollars in thousands)		9/30/2026		6/30/2026		3/31/2026		12/31/2025		9/30/2025
Assets
Cash and cash equivalents		$       179,053		$       188,224		$       223,484		$       141,605		$       189,324
Investment securities available for sale, at fair value		415,595		408,582		385,729		391,448		383,340
Investment securities held to maturity		—		530		530		1,065		1,065
Mortgage loans held for sale		774		1,566		1,558		1,558		1,932
Loans, net of unearned income		2,774,864		2,778,890		2,728,146		2,744,023		2,705,895
Allowance for loan losses		(34,427)		(33,994)		(33,680)		(33,142)		(32,827)
Total loans, net of allowance for loan losses		2,740,437		2,744,896		2,694,466		2,710,881		2,673,068
Office properties and equipment, net		51,467		51,538		50,502		48,995		45,223
Cash surrender value of bank-owned life insurance		50,426		50,131		49,842		49,557		49,269
Goodwill and core deposit intangibles		83,304		83,513		83,723		83,957		84,214
Accrued interest receivable and other assets		75,311		74,213		64,809		63,560		66,639
Total Assets		$     3,596,367		$     3,603,193		$     3,554,643		$     3,492,626		$     3,494,074
Liabilities
Deposits		$     3,053,500		$     3,068,883		$     3,026,781		$     2,972,806		$     2,975,503
Other borrowings		—		—		—		—		5,539
Subordinated debt, net of issuance cost		54,838		54,784		54,729		54,675		54,621
Federal Home Loan Bank advances		—		—		—		3,024		3,059
Accrued interest payable and other liabilities		34,931		26,069		28,723		27,027		32,308
Total Liabilities		3,143,269		3,149,736		3,110,233		3,057,532		3,071,030
Shareholders' Equity
Common stock		79		79		78		78		78
Additional paid-in capital		172,362		171,234		169,995		168,963		168,016
Common stock acquired by benefit plans		(714)		(803)		(893)		(982)		(1,071)
Retained earnings		309,679		302,171		293,554		284,834		275,912
Accumulated other comprehensive loss		(28,308)		(19,224)		(18,324)		(17,799)		(19,891)
Total Shareholders' Equity		453,098		453,457		444,410		435,094		423,044
Total Liabilities and Shareholders' Equity		$     3,596,367		$     3,603,193		$     3,554,643		$     3,492,626		$     3,494,074

HOME BANCORP, INC. AND SUBSIDIARY
CONDENSED STATEMENTS OF INCOME
(Unaudited)
		Three Months Ended						Nine Months Ended
(dollars in thousands, except per share data)		9/30/2026		6/30/2026		9/30/2025		9/30/2026		9/30/2025
Interest Income
Loans, including fees		$    45,236		$    45,001		$    45,607		$   133,954		$   134,926
Investment securities		3,134		2,804		2,504		8,498		7,764
Other investments and deposits		1,373		1,414		1,111		4,250		2,362
Total interest income		49,743		49,219		49,222		146,702		145,052
Interest Expense
Deposits		12,984		12,569		13,805		37,959		39,569
Other borrowings		—		—		54		—		160
Subordinated debt expense		844		845		845		2,534		2,534
Federal Home Loan Bank advances		—		—		412		7		3,583
Total interest expense		13,828		13,414		15,116		40,500		45,846
Net interest income		35,915		35,805		34,106		106,202		99,206
Provision (reversal) for loan losses		1,019		762		(229)		2,703		654
Net interest income after provision for loan losses		34,896		35,043		34,335		103,499		98,552
Noninterest Income
Service fees and charges		1,512		1,407		1,408		4,356		4,062
Bank card fees		1,773		1,718		1,646		5,085		4,974
Gain on sale of loans, net		154		229		144		613		635
Income from bank-owned life insurance		295		289		288		869		848
(Loss) gain on sale of assets, net		—		(1)		—		(1)		7
Other income		467		277		252		936		937
Total noninterest income		4,201		3,919		3,738		11,858		11,463
Noninterest Expense
Compensation and benefits		15,156		15,036		13,531		43,906		39,505
Occupancy		2,463		2,614		2,544		7,506		7,618
Marketing and advertising		435		522		515		1,451		1,405
Data processing and communication		2,834		2,655		2,556		8,118		7,826
Professional fees		422		417		406		1,240		1,207
Forms, printing and supplies		178		179		175		576		578
Franchise and shares tax		532		340		475		1,212		1,434
Regulatory fees		471		460		459		1,393		1,477
Foreclosed assets, net		2,042		385		377		2,481		1,023
Amortization of acquisition intangible		209		210		268		653		830
Reversal for credit losses on unfunded commitments		—		—		—		—		(970)
Other expenses		1,581		1,736		1,225		5,281		4,584
Total noninterest expense		26,323		24,554		22,531		73,817		66,517
Income before income tax expense		12,774		14,408		15,542		41,540		43,498
Income tax expense		2,677		2,793		3,185		8,468		8,847
Net 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 SUBSIDIARY
SUMMARY FINANCIAL INFORMATION
(Unaudited)
		Three Months Ended						Nine Months Ended
(dollars in thousands, except per share data)		9/30/2026		6/30/2026		9/30/2025		9/30/2026		9/30/2025
EARNINGS DATA
Total interest income		$   49,743		$   49,219		$   49,222		$  146,702		$  145,052
Total interest expense		13,828		13,414		15,116		40,500		45,846
Net interest income		35,915		35,805		34,106		106,202		99,206
Provision for loan losses		1,019		762		(229)		2,703		654
Total noninterest income		4,201		3,919		3,738		11,858		11,463
Total noninterest expense		26,323		24,554		22,531		73,817		66,517
Income tax expense		2,677		2,793		3,185		8,468		8,847
Net income		$   10,097		$   11,615		$   12,357		$   33,072		$   34,651
AVERAGE BALANCE SHEET DATA
Total assets		$              3,588,774		$              3,564,832		$              3,467,070		$              3,562,136		$              3,463,833
Total interest-earning assets		3,363,094		3,341,316		3,255,291		3,338,553		3,252,602
Total loans		2,773,575		2,762,370		2,743,695		2,757,008		2,750,985
Total interest-bearing deposits		2,211,365		2,208,807		2,128,540		2,205,625		2,085,330
Total interest-bearing liabilities		2,266,175		2,263,561		2,228,117		2,261,009		2,256,278
Total deposits		3,043,559		3,029,628		2,918,938		3,025,372		2,852,176
Total shareholders' equity		458,174		450,365		416,239		450,440		408,083
PER SHARE DATA
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
Book value at period end		57.55		57.63		54.05		57.55		54.05
Tangible book value at period end		46.97		47.02		43.29		46.97		43.29
Shares outstanding at period end		7,873,701		7,868,139		7,827,481		7,873,701		7,827,481
Weighted average shares outstanding
Basic		7,795,970		7,768,468		7,712,707		7,768,603		7,789,001
Diluted		7,874,209		7,853,358		7,782,979		7,851,618		7,862,712
SELECTED RATIOS (1)
Return on average assets		1.12 %		1.31 %		1.41 %		1.24 %		1.34 %
Return on average equity		8.74		10.34		11.78		9.82		11.35
Common equity ratio		12.60		12.58		12.11		12.60		12.11
Efficiency ratio (2)		65.62		61.81		59.54		62.52		60.10
Average equity to average assets		12.77		12.63		12.01		12.65		11.78
Tier 1 leverage capital ratio (3)		12.33		12.11		11.80		12.33		11.80
Total risk-based capital ratio (3)		16.09		15.61		15.24		16.09		15.24
Net interest margin (4)		4.19		4.24		4.10		4.20		4.02
SELECTED NON-GAAP RATIOS (1)
Tangible common equity ratio (5)		10.53 %		10.51 %		9.94 %		10.53 %		9.94 %
Return on average tangible common equity (6)		10.86		12.88		15.02		12.24		14.59

(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 noninterest income.
(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 a marginal 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-GAAP Reconciliation" 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 common shareholders' equity less average intangible assets. See "Non-GAAP Reconciliation" for additional information.

 

HOME BANCORP, INC. AND SUBSIDIARY
Consolidated Net Interest Margin
(Unaudited)
		Three Months Ended
		9/30/2026						6/30/2026						9/30/2025
(dollars in thousands)		Average Balance		Interest		Average Yield/ Rate		Average Balance		Interest		Average Yield/ Rate		Average Balance		Interest		Average Yield/ Rate
Interest-earning assets:
Loans receivable		$ 2,773,575		$    45,236		6.40 %		$ 2,762,370		$    45,001		6.46 %		$ 2,743,695		$    45,607		6.53 %
Investment securities (TE)(1)		438,596		3,134		2.87		420,771		2,804		2.68		411,889		2,504		2.45
Other interest-earning assets		150,923		1,373		3.61		158,175		1,414		3.59		99,707		1,111		4.42
Total interest-earning assets		$ 3,363,094		$    49,743		5.82 %		$ 3,341,316		$    49,219		5.85 %		$ 3,255,291		$    49,222		5.95 %
Interest-bearing liabilities:
Deposits:
Savings, checking, and money market		$ 1,467,688		$      6,524		1.76 %		$ 1,471,806		$      6,297		1.72 %		$ 1,301,888		$      5,783		1.76 %
Certificates of deposit		743,677		6,460		3.45		737,001		6,272		3.41		826,652		8,022		3.85
Total interest-bearing deposits		2,211,365		12,984		2.33		2,208,807		12,569		2.28		2,128,540		13,805		2.57
Other borrowings		—		—		—		—		—		—		5,539		54		3.80
Subordinated debt		54,810		844		6.17		54,754		845		6.17		54,593		845		6.19
FHLB advances		—		—		—		—		—		—		39,445		412		4.12
Total interest-bearing liabilities		$ 2,266,175		$    13,828		2.42 %		$ 2,263,561		$    13,414		2.38 %		$ 2,228,117		$    15,116		2.69 %
Noninterest-bearing deposits		$   832,194						$   820,821						$   790,398
Net interest spread (TE)(1)						3.40 %						3.47 %						3.26 %
Net interest margin (TE)(1)						4.19 %						4.24 %						4.10 %

(1) Taxable equivalent (TE) amounts are calculated using a federal income tax rate of 21%.

 

HOME BANCORP, INC. AND SUBSIDIARY
Consolidated Net Interest Margin
(Unaudited)
		Nine Months Ended
		9/30/2026						9/30/2025
(dollars in thousands)		Average Balance		Interest		Average Yield/ Rate		Average Balance		Interest		Average Yield/ Rate
Interest-earning assets:
Loans receivable		$     2,757,008		$       133,954		6.42 %		$     2,750,985		$       134,926		6.49 %
Investment securities (TE)(1)		422,340		8,498		2.70		425,915		7,764		2.45
Other interest-earning assets		159,205		4,250		3.57		75,702		2,362		4.17
Total interest-earning assets		$     3,338,553		$       146,702		5.82 %		$     3,252,602		$       145,052		5.90 %
Interest-bearing liabilities:
Deposits:
Savings, checking, and money market		$     1,457,177		$        18,629		1.71 %		$     1,301,660		$        16,715		1.72 %
Certificates of deposit		748,448		19,330		3.45		783,670		22,854		3.90
Total interest-bearing deposits		2,205,625		37,959		2.30		2,085,330		39,569		2.54
Other borrowings		—		—		—		5,550		160		3.84
Subordinated debt		54,755		2,534		6.17		54,540		2,534		6.20
FHLB advances		629		7		1.51		110,858		3,583		4.27
Total interest-bearing liabilities		$     2,261,009		$        40,500		2.39 %		$     2,256,278		$        45,846		2.71 %
Noninterest-bearing deposits		$       819,747						$       766,846
Net 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 SUBSIDIARY
SUMMARY CREDIT QUALITY INFORMATION
(Unaudited)
		Three Months Ended
		9/30/2026		6/30/2026		3/31/2026		12/31/2025		9/30/2025
CREDIT QUALITY (1)
Nonaccrual loans:
One- to four-family first mortgage		$       6,792		$       6,423		$       8,337		$       6,531		$       6,402
Home equity loans and lines		513		709		542		531		1,008
Commercial real estate		22,354		10,092		10,837		9,011		10,016
Construction and land		4,808		5,277		12,812		15,367		9,847
Multi-family residential		679		1,281		1,281		1,281		973
Commercial and industrial		6,721		2,585		1,945		1,344		1,161
Consumer		19		25		41		46		60
Total nonaccrual loans		$      41,886		$      26,392		$      35,795		$      34,111		$      29,467
Accruing loans 90 days or more past due		282		32		14		65		55
Total nonperforming loans		42,168		26,424		35,809		34,176		29,522
Foreclosed assets and ORE		11,568		12,786		4,093		1,929		1,384
Total nonperforming assets		$      53,736		$      39,210		$      39,902		$      36,105		$      30,906
Nonperforming assets to total assets		1.49 %		1.09 %		1.12 %		1.03 %		0.88 %
Nonperforming loans to total assets		1.17		0.73		1.01		0.98		0.84
Nonperforming loans to total loans		1.52		0.95		1.31		1.25		1.09
ALLOWANCE FOR CREDIT LOSSES
Allowance for loan losses:
Beginning balance		$      33,994		$      33,680		$      33,142		$      32,827		$      33,432
Provision (reversal) for loan losses		1,019		762		922		480		(229)
Charge-offs		(653)		(564)		(413)		(189)		(488)
Recoveries		67		116		29		24		112
Net 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)
Beginning balance		$       1,625		$       1,625		$       1,625		$       1,730		$       1,730
Reversal for losses on unfunded lending commitments		—		—		—		(105)		—
Ending balance		$       1,625		$       1,625		$       1,625		$       1,625		$       1,730
Total allowance for credit losses		36,052		35,619		35,305		34,767		34,557
Total loans		$  2,774,864		$  2,778,890		$  2,728,146		$  2,744,023		$  2,705,895
Total unfunded commitments		553,656		520,729		533,398		509,331		509,709
Allowance for loan losses to nonperforming assets		64.07 %		86.70 %		84.41 %		91.79 %		106.22 %
Allowance for loan losses to nonperforming loans		81.64		128.65		94.05		96.97		111.20
Allowance for loan losses to total loans		1.24		1.22		1.23		1.21		1.21
Allowance for credit losses to total loans		1.30		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		431
Year-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 of nonperforming loans, foreclosed assets and surplus real estate (ORE). Foreclosed assets consist of assets acquired through foreclosure or acceptance of title 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 of Financial Condition.

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SOURCE Home Bancorp, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Home Bancorp's third-quarter 2026 earnings?

Home Bancorp earned $10.1 million, or $1.28 per diluted share, in third-quarter 2026. That compares with $11.6 million, or $1.48 per diluted share, in second-quarter 2026.

When will Home Bancorp pay its quarterly dividend, and how much is it?

Home Bancorp will pay a $0.32-per-share quarterly cash dividend on November 13, 2026, to shareholders of record as of November 2, 2026.

What drove Home Bancorp's higher noninterest expenses in third-quarter 2026?

Higher foreclosed-asset expense, net, was the primary driver, increasing $1.7 million from second-quarter 2026. Franchise and shares tax increased $192,000, partially offset by a $155,000 decrease in other expenses.

How much of Home Bancorp's securities portfolio was pledged at September 30, 2026?

Approximately 31% of Home Bancorp's investment securities portfolio was pledged to secure public deposits and the Federal Reserve discount window. Securities pledged for public deposits totaled $129.6 million, while $572,000 was pledged to the discount window.