HOME FEDERAL BANCORP, INC. OF LOUISIANA REPORTS RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2025
Home Federal Bancorp (Nasdaq: HFBL) reported net income $1.599M for the quarter ended Sept 30, 2025 versus $941K a year earlier, with basic/diluted EPS of $0.53/$0.52 compared to $0.31.
Rhea-AI Summary
Home Federal Bancorp (Nasdaq: HFBL) reported net income $1.599M for the quarter ended Sept 30, 2025 versus $941K a year earlier, with basic/diluted EPS of $0.53/$0.52 compared to $0.31. Key operational highlights:
- Book value per share rose to $18.46 (Sept 30, 2025) from $17.90 (June 30, 2025)
- Net interest margin of 3.63% vs 2.98% a year earlier (65 bps improvement)
- No wholesale funding: no brokered deposits or FHLB advances at June 30 or Sept 30, 2025
- Non-performing assets declined to $2.225M from $3.305M at June 30, 2025
Quarterly drivers included higher net interest income (+$834K, 18.8%), higher non-interest income (+$350K), lower non-interest expense (-$160K), and a higher provision for credit losses (+$266K).
Positive
- Net interest income +$834K (18.8%)
- Net interest margin improved by 65 bps to 3.63%
- Book value per share increased to $18.46
- No wholesale funding—zero brokered deposits or FHLB advances at Sept 30, 2025
Negative
- Provision for credit losses increased $266K (119.3%)
- Provision for income taxes increased $420K
- Data processing expense increased $117K due to past-billing settlement
Details
News Market Reaction – HFBL
On Oct 24, the first trading day after this news, HFBL closed 3.18% above the previous close.
Data tracked by StockTitan Argus for the Oct 24 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Shreveport, La, Oct. 23, 2025 (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, 2025, of
The Company reported the following highlights during the three months ended September 30, 2025:
■ Book value per share increased to
■
■ Zero dependency on wholesale funding – no brokered deposits or FHLB advances at September 30, 2025 or June 30, 2025.
■ 65 basis point increase to net interest margin compared to the same period in 2024.
The increase in net income for the three months ended September 30, 2025, as compared to the same period in 2024, resulted from an increase of
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, | ||||||||||||||||
| 2025 | 2024 | |||||||||||||||
| Average Balance | Average Yield/Rate | Average Balance | Average Yield/Rate | |||||||||||||
| (Dollars in thousands) | ||||||||||||||||
| Interest-earning assets: | ||||||||||||||||
| Loans receivable | $ | 463,931 | 6.22 | % | $ | 466,170 | 5.87 | % | ||||||||
| Investment securities | 96,390 | 2.28 | 96,749 | 2.09 | ||||||||||||
| Interest-earning deposits | 15,105 | 4.83 | 25,617 | 5.20 | ||||||||||||
| Total interest-earning assets | $ | 575,426 | 5.52 | % | $ | 588,536 | 5.22 | % | ||||||||
| Interest-bearing liabilities: | ||||||||||||||||
| Savings accounts | $ | 94,102 | 1.69 | % | $ | 82,556 | 1.61 | % | ||||||||
| NOW accounts | 65,801 | 1.13 | 72,787 | 1.10 | ||||||||||||
| Money market accounts | 73,599 | 2.07 | 75,216 | 2.37 | ||||||||||||
| Certificates of deposit | 194,016 | 3.48 | 204,019 | 4.30 | ||||||||||||
| Total interest-bearing deposits | 427,518 | 2.48 | 434,578 | 2.92 | ||||||||||||
| Other bank borrowings | 4,000 | 7.54 | 5,989 | 7.75 | ||||||||||||
| Total interest-bearing liabilities | $ | 431,518 | 2.53 | % | $ | 440,567 | 2.98 | % | ||||||||
The
The
Total assets increased
Total liabilities increased
At September 30, 2025, the Company had
Stockholders’ equity increased
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 (In thousands except share and per share data) | ||||||||
| September 30, 2025 | June 30, 2025 | |||||||
| (Unaudited) | ||||||||
| ASSETS | ||||||||
| Cash and Cash Equivalents (Includes Interest-Bearing Deposits with Other Banks of | $ | 26,492 | $ | 17,347 | ||||
| Securities Available-for-Sale (amortized cost September 30, 2025: | 37,329 | 34,246 | ||||||
| Securities Held-to-Maturity (fair value September 30, 2025: | 59,794 | 61,334 | ||||||
| Other Securities | 654 | 650 | ||||||
| Loans Held-for-Sale | 1,316 | 1,540 | ||||||
| Loans Receivable, Net of Allowance for Credit Losses (September 30, 2025: | 464,356 | 461,004 | ||||||
| Accrued Interest Receivable | 1,854 | 1,836 | ||||||
| Premises and Equipment, Net | 17,008 | 17,266 | ||||||
| Bank Owned Life Insurance | 6,954 | 6,926 | ||||||
| Goodwill | 2,990 | 2,990 | ||||||
| Core Deposit Intangible | 848 | 915 | ||||||
| Deferred Tax Asset | 1,043 | 1,163 | ||||||
| Real Estate Owned | 783 | 970 | ||||||
| Other Assets | 1,209 | 1,305 | ||||||
| Total Assets | $ | 622,630 | $ | 609,492 | ||||
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||
| LIABILITIES | ||||||||
| Deposits: | ||||||||
| Non-interest bearing | $ | 127,441 | $ | 122,416 | ||||
| Interest-bearing | 429,747 | 423,874 | ||||||
| Total Deposits | 557,188 | 546,290 | ||||||
| Advances from Borrowers for Taxes and Insurance | 787 | 543 | ||||||
| Other Borrowings | 4,000 | 4,000 | ||||||
| Other Accrued Expenses and Liabilities | 4,064 | 3,454 | ||||||
| Total Liabilities | 566,039 | 554,287 | ||||||
| STOCKHOLDERS’ EQUITY | ||||||||
| Preferred Stock - | - | - | ||||||
| Common Stock - | 32 | 32 | ||||||
| Additional Paid-in Capital | 42,259 | 42,187 | ||||||
| Unearned ESOP Stock | (307 | ) | (321 | ) | ||||
| Retained Earnings | 16,146 | 15,241 | ||||||
| Accumulated Other Comprehensive Loss | (1,539 | ) | (1,934 | ) | ||||
| Total Stockholders’ Equity | 56,591 | 55,205 | ||||||
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $ | 622,630 | $ | 609,492 | ||||
| HOME FEDERAL BANCORP, INC. OF LOUISIANA |
| CONSOLIDATED STATEMENTS OF OPERATIONS |
| (In thousands except per share data) (Unaudited) |
| Three Months Ended | ||||||||
| September 30, | ||||||||
| 2025 | 2024 | |||||||
| INTEREST INCOME | ||||||||
| Loans, including fees | $ | 7,271 | $ | 6,895 | ||||
| Investment securities | 13 | 67 | ||||||
| Mortgage-backed securities | 542 | 443 | ||||||
| Other interest-earning assets | 184 | 336 | ||||||
| Total interest income | 8,010 | 7,741 | ||||||
| INTEREST EXPENSE | ||||||||
| Deposits | 2,673 | 3,197 | ||||||
| Other bank borrowings | 76 | 117 | ||||||
| Total interest expense | 2,749 | 3,314 | ||||||
| Net interest income | 5,261 | 4,427 | ||||||
| PROVISION FOR (RECOVERY OF) CREDIT LOSSES | 43 | (223 | ) | |||||
| Net interest income after provision for credit losses | 5,218 | 4,650 | ||||||
| NON-INTEREST INCOME | ||||||||
| Gain on sale of loans | 146 | 96 | ||||||
| Gain (Loss) on sale of real estate | - | (254 | ) | |||||
| Income on bank owned life insurance | 28 | 28 | ||||||
| Service charges on deposit accounts | 423 | 391 | ||||||
| Other income | 53 | 39 | ||||||
| Total non-interest income | 650 | 300 | ||||||
| NON-INTEREST EXPENSE | ||||||||
| Compensation and benefits | 2,150 | 2,302 | ||||||
| Occupancy and equipment | 568 | 564 | ||||||
| Data processing | 336 | 219 | ||||||
| Audit and examination fees | 69 | 132 | ||||||
| Franchise and bank shares tax | 135 | 168 | ||||||
| Advertising | 29 | 57 | ||||||
| Professional fees | 85 | 117 | ||||||
| Loan and collection | 42 | 28 | ||||||
| Amortization core deposit intangible | 67 | 74 | ||||||
| Deposit insurance premium | 93 | 90 | ||||||
| Other expenses | 277 | 260 | ||||||
| Total non-interest expense | 3,851 | 4,011 | ||||||
| Income before income taxes | 2,017 | 939 | ||||||
| PROVISION FOR INCOME TAX EXPENSE (BENEFIT) | 418 | (2 | ) | |||||
| NET INCOME | $ | 1,599 | $ | 941 | ||||
| EARNINGS PER SHARE | ||||||||
| Basic | $ | 0.53 | $ | 0.31 | ||||
| Diluted | $ | 0.52 | $ | 0.31 | ||||
| Three Months Ended | ||||||||
| September 30, | ||||||||
| 2025 | 2024 | |||||||
| Selected Operating Ratios(1): | ||||||||
| Average interest rate spread | 2.99 | % | 2.23 | % | ||||
| Net interest margin | 3.63 | % | 2.98 | % | ||||
| Return on average assets | 1.03 | % | 0.59 | % | ||||
| Return on average equity | 11.38 | % | 7.23 | % | ||||
| Asset Quality Ratios(2): | ||||||||
| Non-performing assets as a percent of total assets | 0.36 | % | 0.31 | % | ||||
| Allowance for credit losses as a percentage of non-performing loans | 304.11 | % | 258.46 | % | ||||
| Allowance for credit losses as a percentage of total loans receivable | 0.94 | % | 1.03 | % | ||||
| Per Share Data: | ||||||||
| Shares outstanding at period end | 3,066,369 | 3,129,668 | ||||||
| Weighted average shares outstanding: | ||||||||
| Basic | 3,008,371 | 3,058,286 | ||||||
| Diluted | 3,048,626 | 3,071,716 | ||||||
| Book value per share | $ | 18.46 | $ | 17.34 | ||||
| ____________________________ | ||||||||
| (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.