HOME FEDERAL BANCORP, INC. OF LOUISIANA REPORTS RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2026

Higher lending income and property-sale gains accompanied a larger credit-loss provision and lower deposits.

Rhea-AI Summary

Home Federal Bancorp of Louisiana (HFBL) reported net income of $1.911 million for the three months ended September 30, 2026. This compares with $1.599 million a year earlier. Diluted earnings per share rose to $0.62 from $0.52. Net interest income increased 12.2% to $5.904 million, and net interest margin widened to 3.83% from 3.63%.

Non-interest income rose 31.2%, helped by the sale of 44 rental properties. Credit-loss provisions increased to $275,000 from $43,000, while non-interest expense rose 6.0%. Since June 30, net loans grew 1.9% to $484.332 million, deposits fell 0.4% to $574.923 million, and Federal Home Loan Bank of Dallas advances increased from none to $14.000 million. Non-performing assets fell to $1.556 million from $3.649 million. Equity declined $2,000 to $58.755 million, with a $1.271 million increase in accumulated other comprehensive loss offsetting part of quarterly earnings.

11 points · 0 major

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Rhea-AI Sentiment measures something else, the tone of the wording.

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0 major · 8 points

How the balance works

Positive

• Moderate pointNet income of $1.911 million for the September 2026 quarter exceeded $1.599 million a year earlier.
• Moderate pointNet interest income increased 12.2% to $5.904 million for the September 2026 quarter versus a year earlier.
• Moderate pointNon-interest income increased 31.2% year over year, helped by the bulk sale of 44 rental properties.
• Moderate pointNet loans grew 1.9% to $484.332 million between June 30 and September 30, 2026.
• Moderate pointNon-performing assets fell to $1.556 million from $3.649 million between June 30 and September 30, 2026.
• Moderate point$14.000 million in Federal Home Loan Bank of Dallas advances provided funding at September 30, 2026. 23% of market cap

5 minor points

• Minor pointDiluted EPS rose to $0.62 from $0.52; basic EPS increased to $0.64 from $0.53 year over year.
• Minor pointNet interest margin widened to 3.83% from 3.63% for the September quarter year over year.
• Minor pointInterest-rate spread increased to 3.17% from 2.99% for the September quarter year over year.
• Minor pointCash and cash equivalents increased 9.5% to $37.560 million from June 30 to September 30, 2026.
• Minor pointSubstandard residential loans declined to nine from sixteen between June 30 and September 30, 2026.

Negative

• Moderate pointFederal Home Loan Bank of Dallas debt reached $14.000 million at September 30, versus none at June 30, 2026. 23% of market cap
• Minor pointCredit-loss provisions rose to $275,000 from $43,000 for the September 2026 quarter versus a year earlier.
• Minor pointNon-interest expense increased $230,000, or 6.0% year over year, including higher compensation and a commercial-property write-down.
• Minor pointDeposits declined $2.369 million, or 0.4%, to $574.923 million from June 30 to September 30, 2026.
• Minor pointAccumulated other comprehensive loss increased $1.271 million during the September 2026 quarter.

3 minor points

• Minor pointStockholders’ equity declined $2,000 to $58.755 million from June 30 to September 30, 2026.
• Minor pointInterest expense increased $44,000, or 1.6% for the September 2026 quarter versus a year earlier.
• Minor pointIncome-tax provision increased $72,000, or 17.2% for the September 2026 quarter versus a year earlier.

News Explained

HFBL repurchased $346,000 of stock during the quarter; shares outstanding fell from 3,042,451 on June 30, 2026 to 3,030,594 on September 30, 2026, increasing the ownership fraction of holders whose share counts did not change.

Key Figures

Net income: $1.911 million vs. $1.599 million Basic EPS: $0.64 vs. $0.53 Diluted EPS: $0.62 vs. $0.52 +3 more

Net income

$1.911 million vs. $1.599 million

Three months ended September 30, 2026 vs. 2025

Basic EPS

$0.64 vs. $0.53

Three months ended September 30, 2026 vs. 2025

Diluted EPS

$0.62 vs. $0.52

Three months ended September 30, 2026 vs. 2025

Net interest margin

3.83% vs. 3.63%

Three months ended September 30, 2026 vs. 2025

Provision for credit losses

Increased $232,000, or 539.5%

Three months ended September 30, 2026 vs. 2025

Non-performing assets

$1.556 million vs. $3.649 million

September 30, 2026 vs. June 30, 2026

Historical Context

2 past events · Latest: Jul 30

2 events

1. Jul 30

   Quarterly earnings

   24h Move

   +1.5%

   June-quarter net income rose to $1.428 million from $1.181 million year over year.

2. Apr 30

   Quarterly earnings

   24h Move

   +1.4%

   March-quarter net income was $1.472 million; nine-month net income totaled $4.746 million.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

net interest margin, non-performing assets, available-for-sale securities, core deposit intangible

4 terms

net interest margin financial

"The Company’s net interest margin was 3.83% for the three months ended September 30, 2026"

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

non-performing assets financial

"At September 30, 2026 the Company had $1.556 million of non-performing assets"

Loans or other credit exposures that are not producing expected income because borrowers have stopped making scheduled payments for a significant period (commonly around 90 days). Think of it like a business lending money that has gone quiet — the cash flow stops while the lender still carries the debt on its books. High levels of non-performing assets matter to investors because they reduce a lender’s earnings, tie up capital that could be used for growth, and signal higher risk of future losses.

available-for-sale securities financial

"unrealized losses on available-for-sale securities"

Available-for-sale securities are investments in stocks, bonds or similar instruments that a company does not intend to trade frequently but may sell before they mature. They matter to investors because changes in the market value of these holdings show up as paper gains or losses on the company's balance sheet rather than immediately in profit, so they can affect reported net worth and the timing of income without changing day-to-day earnings. Think of them like items on a household shelf you might sell later: their value moves with the market even if you haven’t cashed out.

core deposit intangible financial

"decreases of $17,000 in amortization of core deposit intangible"

Core deposit intangible is an accounting asset that represents the value of customer deposits a bank gains, usually through an acquisition, because those deposits provide a stable, low-cost source of funding. Think of it like paying for a loyal customer list that will save the bank money over time; it is written down over several years and affects reported earnings and the apparent cost of acquiring new funds, so investors watch it to understand future profitability and capital impact.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Shreveport, Louisiana, Oct. 27, 2026 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the Three months ended September 30, 2026 of $1.911 million compared to net income of $1.599 million reported for the three months ended September 30, 2025. The Company’s basic and diluted earnings per share were $0.64 and $0.62, respectively, for the three months ended September 30, 2026 compared to $0.53 and $0.52, respectively, for the three months ended September 30, 2025.

The increase in net income for the three months ended September 30, 2026, as compared to the same period in 2025, resulted from an increase of $643,000, or 12.2%, in net interest income and an increase of $203,000, or 31.2%, in non-interest income, partially offset by an increase of $232,000, or 539.5%, in the provision for credit losses, an increase of $230,000, or 6.0%, in non-interest expense, and an increase of $72,000, or 17.2%, in the provision for income taxes. The increase in net interest income for the three months ended September 30, 2026, as compared to the same period in 2025, resulted from an increase of $687,000, or 8.6%, in total interest income, partially offset by an increase of $44,000, or 1.6%, in total interest expense. The Company’s average interest rate spread was 3.17% for the three months ended September 30, 2026, compared to 2.99% for the three months ended September 30, 2025. The Company’s net interest margin was 3.83% for the three months ended September 30, 2026, compared to 3.63% for the three months ended September 30, 2025.

The following table sets forth the Company’s average balances and average yields earned and rates paid on its interest-earning assets and interest-bearing liabilities for the periods indicated.

		For the Three Months Ended September 30,
		2026								2025
		Average Balance				Average Yield/Rate				Average Balance				Average Yield/Rate
		(Dollars in thousands)
Interest-earning assets:
Loans receivable		$	478,475				6.42	%		$	463,931				6.22	%
Investment securities			100,539				2.59				96,390				2.28
Interest-earning deposits			31,789				3.73				15,105				4.83
Total interest-earning assets		$	610,803				5.65	%		$	575,426				5.52	%
Interest-bearing liabilities:
Savings accounts		$	89,940				1.43	%		$	94,102				1.69	%
NOW accounts			63,072				1.08				65,801				1.13
Money market accounts			64,103				1.99				73,599				2.07
Certificate accounts			225,093				3.37				194,016				3.48
Total interest-bearing deposits			442,208				2.45				427,518				2.48
Other borrowings			3,556				6.92				4,000				7.54
FHLB advances			152				5.22				-				-
Total interest-bearing liabilities		$	445,916				2.48	%		$	431,518				2.53	%

The $203,000 increase in non-interest income for the three months ended September 30, 2026, compared to the same period in 2025, resulted from an increase of $204,000 in gain on sale of real estate, an increase of $46,000 in gain on sale of fixed assets, an increase of $12,000 in service charges on deposit accounts, and an increase of $1,000 in other non-interest income, partially offset by an increase of $52,000 in loss on sale of securities and a decrease of $8,000 in gain on sale of loans. The increase in gain on sale of real estate resulted from the bulk sale of 44 rental properties during the three months ended September 30, 2026.

The $230,000 increase in non-interest expense for the three months ended September 30, 2026, compared to the same period in 2025, resulted from increases of $138,000 in compensation and benefits, $100,000 in other real estate owned write-down expense, $76,000 in professional fees, $65,000 in audit and examination fees, $45,000 in advertising, and $11,000 in deposit insurance premium, partially offset by decreases of $100,000 in data processing, $46,000 in occupancy and equipment, $29,000 in franchise and bank shares tax, $17,000 in amortization of core deposit intangible, $9,000 in other expenses, and $4,000 in loan and collection. The $100,000 increase in other real estate owned write-down expense was related to the value of one large commercial property which was adjusted to reflect current market sentiment. 

Total assets increased $12.234 million, or 1.9%, from $643.330 million at June 30, 2026 to $655.564 million at September 30, 2026. The increase in assets resulted from increases in net loans receivable of $8.841 million, or 1.9%, from $475.491 million at June 30, 2026 to $484.332 million at September 30, 2026, cash and cash equivalents of $3.256 million, or 9.5%, from $34.304 million at June 30, 2026 to $37.560 million at September 30, 2026, investment securities of $656,000, or 0.7%, from $100.017 million at June 30, 2026 to $100.673 million at September 30, 2026, deferred tax asset of $432,000, or 40.8%, from $1.058 million at June 30, 2026 to $1.490 million at September 30, 2026, bank owned life insurance of $28,000, or 0.4%, from $7.040 million at June 30, 2026 to $7.068 million at September 30, 2026, and accrued interest receivable of $14,000, or 0.7%, from $1.895 million at June 30, 2026 to $1.909 million at September 30, 2026, partially offset by decreases in loans-held-for-sale of $572,000, or 34.6%, from $1.654 million at June 30, 2026 to $1.082 million at September 30, 2026, premises and equipment of $153,000, or 0.9%, from $16.173 million at June 30, 2026 to $16.020 million at September 30, 2026, other assets of $118,000, or 8.3%, from $1.420 million at June 30, 2026 to $1.302 million at September 30, 2026, real estate owned of $100,000, or 16.3%, from $613,000 at June 30, 2026 to $513,000 at September 30, 2026, and core deposit intangible of $50,000, or 7.4%, from $675,000 at June 30, 2026 to $625,000 at September 30, 2026. The increase in deferred tax asset was primarily due to the tax effect of increased unrealized losses on available-for-sale securities, which were attributable to changes in interest rates.

Total liabilities increased $12.236 million, or 2.1%, from $584.573 million at June 30, 2026 to $596.809 million at September 30, 2026. The increase in liabilities resulted from increases in advances from the Federal Home Loan Bank of Dallas of $14.000 million, from none at June 30, 2026 to $14.000 million at September 30, 2026, other accrued expenses and liabilities of $453,000, or 14.1%, from $3.214 million at June 30, 2026 to $3.667 million at September 30, 2026, and advances from borrowers for taxes and insurance of $152,000, or 29.7%, from $511,000 at June 30, 2026 to $663,000 at September 30, 2026, partially offset by a decrease in total deposits of $2.369 million, or 0.4%, from $577.292 million at June 30, 2026 to $574.923 million at September 30, 2026. The decrease in deposits resulted from decreases in money market deposits of $6.848 million, or 10.4%, from $65.978 million at June 30, 2026 to $59.130 million at September 30, 2026, savings deposits of $1.939 million, or 2.1%, from $91.205 million at June 30, 2026 to $89.266 million at September 30, 2026, and NOW accounts of $1.880 million, or 3.1%, from $59.937 million at June 30, 2026 to $58.057 million at September 30, 2026, partially offset by increases in certificates of deposit of $5.706 million, or 2.6%, from $222.113 million at June 30, 2026 to $227.819 million at September 30, 2026, and non-interest deposits of $2.592 million, or 1.9%, from $138.059 million at June 30, 2026 to $140.651 million at September 30, 2026.

At September 30, 2026, the Company had $1.556 million of non-performing assets (defined as non-accruing loans, accruing loans 90 days or more past due, and other real estate owned) compared to $3.649 million of non-performing assets at June 30, 2026, consisting of seven one-to-four family residential loans, two home equity loans, one commercial non-real estate loan, one commercial real estate loan, one commercial real estate property in other real estate owned, and two residential lots in other real estate owned at September 30, 2026, compared to sixteen one-to-four family residential loans, two home equity loans, one commercial non-real estate loan, one commercial real estate loan, one commercial real estate property in other real estate owned, and two residential lots in other real estate owned at June 30, 2026.  At September 30, 2026 the Company had nine one-to-four family residential loans, two home equity loans, one commercial non-real estate loan, one commercial real estate loan, and one consumer loan classified as substandard, compared to sixteen one-to-four family residential loans, two home equity loans, one commercial real estate loan, one commercial non-real estate loan, and one consumer loan classified as substandard at June 30, 2026.  There were no loans classified as doubtful at September 30, 2026 or June 30, 2026.

Stockholders’ equity decreased $2,000, from $58.757 million at June 30, 2026 to $58.755 million at September 30, 2026. The decrease in stockholders’ equity resulted from an increase in the Company’s accumulated other comprehensive loss of $1.271 million, dividends paid totaling $457,000, and stock repurchases of $346,000, partially offset by net income for the quarter ended September 30, 2026 of $1.911 million, the vesting of restricted stock awards, stock options, and the release of employee stock ownership plan shares totaling $125,000, and proceeds from the issuance of common stock from the exercise of stock options of $36,000.

Home Federal Bancorp, Inc. of Louisiana is the holding company for Home Federal Bank which conducts business from its ten full-service banking offices and home office in northwest Louisiana.

Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe”, “expect”, “anticipate”, “estimate”, and “intend”, or future or conditional verbs such as “will”, “would”, “should”, “could”, or “may”.  We undertake no obligation to update any forward-looking statements.

In addition to factors previously disclosed in the reports filed by the Company with the Securities and Exchange Commission and those identified elsewhere in this press release, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: the strength of the United States economy in general and the strength of the local economies in which the Company conducts its operations; general economic conditions; legislative and regulatory changes; monetary and fiscal policies of the federal government; changes in tax policies, rates and regulations of federal, state and local tax authorities including the effects of the Tax Reform Act; changes in interest rates, deposit flows, the cost of funds, demand for loan products and the demand for financial services, competition, changes in the quality or composition of the Company’s loans, investment and mortgage-backed securities portfolios; geographic concentration of the Company’s business; fluctuations in real estate values; the adequacy of loan loss reserves; the risk that goodwill and intangibles recorded in the Company’s financial statements will become impaired; changes in accounting principles, policies or guidelines and other economic, competitive, governmental and technological factors affecting the Company’s operations, markets, products, services and fees.
  

HOME FEDERAL BANCORP, INC. OF LOUISIANA

CONSOLIDATED BALANCE SHEETS
(Dollar amounts in thousands except per share data)

			September 30, 2026				June 30, 2026
			(Unaudited)
Assets
Cash and cash equivalents (includes interest-bearing deposits with other banks of $30,954 and $28,135 at September 30, 2026 and June 30, 2026, respectively)		$	37,560			$	34,304
Securities available-for-sale (amortized cost September 30, 2026: $49,465; June 30, 2026: $45,980, respectively)			45,499				43,624
Securities held-to-maturity (fair value September 30, 2026: $43,666; June 30, 2026: $46,658, respectively)			54,063				55,439
Other securities			1,111				954
Loans held-for-sale			1,082				1,654
Loans receivable, net of allowance for credit losses (September 30, 2026: $4,902; June 30, 2026: $4,926, respectively)			484,332				475,491
Accrued interest receivable			1,909				1,895
Premises and equipment, net			16,020				16,173
Bank owned life insurance			7,068				7,040
Goodwill			2,990				2,990
Core deposit intangible			625				675
Deferred tax asset			1,490				1,058
Real estate owned			513				613
Other assets			1,302				1,420
Total assets		$	655,564			$	643,330
Liabilities
Deposits:
Non-interest bearing		$	140,651			$	138,059
Interest bearing			434,272				439,233
Total deposits			574,923				577,292
Advances from borrowers for taxes and insurance			663				511
Advances from the Federal Home Loan Bank of Dallas			14,000				-
Other borrowings			3,556				3,556
Other accrued expenses and liabilities			3,667				3,214
Total liabilities			596,809				584,573
Stockholders' equity
Preferred stock - $0.01 par value; 10,000,000 shares authorized: none issued and outstanding			-				-
Common stock - $0.01 par value; 40,000,000 shares authorized: 3,030,594 and 3,042,451 shares issued and outstanding at September 30, 2026 and June 30, 2026, respectively			30				30
Additional paid-in capital			44,579				44,429
Unearned ESOP stock			(248	)			(263	)
Retained earnings			17,527				16,423
Accumulated other comprehensive loss			(3,133	)			(1,862	)
Total stockholders' equity			58,755				58,757
Total liabilities and stockholders' equity		$	655,564			$	643,330

HOME FEDERAL BANCORP, INC. OF LOUISIANA

CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollar amounts in thousands except per share data)
(Unaudited)

		Three Months Ended September 30,
		2026				2025
Interest income
Loans, including fees		$	7,741			$	7,271
Investment securities			24				13
Mortgage-backed securities			633				542
Other interest-earning assets			299				184
Total interest income			8,697				8,010
Interest expense
Deposits			2,729				2,673
Federal Home Loan Bank borrowings			2				-
Other bank borrowings			62				76
Total interest expense			2,793				2,749
Net interest income			5,904				5,261
Provision for (recovery of) credit losses			275				43
Net interest income after provision for credit losses			5,629				5,218
Non-interest income
Gain on sale of real estate			204				-
Gain on sale of fixed assets			46				-
Gain on sale of loans			138				146
Loss on sale of securities			(52	)			-
Income on bank owned life insurance			28				28
Service charges on deposit accounts			435				423
Other income			54				53
Total non-interest income			853				650
Non-interest expense
Compensation and benefits			2,288				2,150
Occupancy and equipment			522				568
Data processing			236				336
Audit and examination fees			134				69
Franchise and bank shares tax			106				135
Advertising			74				29
Professional fees			161				85
Loan and collection			38				42
Amortization of core deposit intangible			50				67
Deposit insurance premium			104				93
Other real estate owned write-down expense			100				-
Other expenses			268				277
Total non-interest expense			4,081				3,851
Income before income taxes			2,401				2,017
Provision for income tax expense			490				418
Net income		$	1,911			$	1,599
Earnings Per Share
Basic		$	0.64			$	0.53
Diluted		$	0.62			$	0.52

		For the Three Months Ended
		September 30,
		2026				2025
Selected Operating Ratios: (1)
Average interest rate spread			3.17	%			2.99	%
Net interest margin			3.83	%			3.63	%
Return on average assets			1.17	%			1.03	%
Return on average equity			12.71	%			11.38	%
Asset Quality Ratios: (2)
Non-performing assets as a percent of total assets			0.24	%			0.36	%
Allowance for credit losses as a percentage of non-performing loans			470.04	%			304.11	%
Allowance for credit losses as a percentage of total loans receivable			1.00	%			0.94	%
Per Share Data:
Shares outstanding at period end			3,030,594				3,066,369
Weighted average shares outstanding:
Basic			2,983,929				3,008,371
Diluted			3,068,337				3,048,626
Book value per share		$	19.39			$	18.46

(1)  Ratios for the three-month period are annualized.
(2)  Asset quality ratios are end of period ratios.

James R. Barlow
Chairman of the Board, President, and Chief Executive Officer
(318) 222-1145

FAQ

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

What were HFBL’s earnings for the quarter ended September 30, 2026?

Home Federal Bancorp of Louisiana earned $1.911 million, compared with $1.599 million a year earlier. Diluted earnings per share increased to $0.62 from $0.52, while basic earnings per share rose to $0.64 from $0.53.

How did HFBL’s non-performing assets change at September 30, 2026?

Non-performing assets declined to $1.556 million at September 30, 2026, from $3.649 million at June 30, 2026. These assets include non-accruing loans, accruing loans at least 90 days past due, and other real estate owned.

Why did HFBL record a higher real estate write-down expense in the September 2026 quarter?

The $100,000 increase in other real estate owned write-down expense related to one large commercial property. The company said its value was adjusted to reflect current market sentiment.

What drove HFBL’s deposit decline in the September 2026 quarter?

Deposit declines were concentrated in money market, savings and NOW accounts. Between June 30 and September 30, 2026, those balances fell $6.848 million, $1.939 million and $1.880 million, respectively. Certificates of deposit increased $5.706 million, while non-interest deposits increased $2.592 million, partially offsetting those declines.