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HomeTrust Bancshares (HTB) calls $11.3M junior subordinated and trust securities

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

HomeTrust Bancshares, Inc. has elected to redeem its Junior Subordinated Debt Securities and related trust securities earlier than maturity. The company will redeem $11,341,000 aggregate principal amount of Junior Subordinated Debt Securities due March 15, 2037 in full on June 15, 2026.

Because a statutory trust holds these debt securities, all of its outstanding Capital Securities with an $11,000,000 aggregate liquidation amount and Common Securities with a $341,000 aggregate liquidation amount will be redeemed at the same time. The redemption price equals 100% of principal plus accrued and unpaid interest to the redemption date.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Junior Subordinated Debt principal $11,341,000 Aggregate principal amount due March 15, 2037, called for redemption June 15, 2026
Capital Securities liquidation amount $11,000,000 Aggregate liquidation amount of Capital Securities to be redeemed by the trust
Common Securities liquidation amount $341,000 Aggregate liquidation amount of Common Securities to be redeemed by the trust
Redemption date June 15, 2026 Date when debt, Capital Securities and Common Securities will be redeemed
Redemption price 100% of principal plus interest Price for Junior Subordinated Debt, including accrued and unpaid interest to redemption date
Junior Subordinated Debt Securities financial
"indenture trustee for the $11,341,000 aggregate principal amount of Junior Subordinated Debt Securities due March 15, 2037"
Long-term debt instruments that sit below senior debt in the repayment order and often carry features similar to both bonds and equity, such as deferred interest payments or indefinite maturity. Think of them as being near the back of the line for repayment: they typically pay higher interest to compensate for greater risk, and their position affects a company’s capital structure and what creditors or shareholders might receive if the company faces financial trouble.
Capital Securities financial
"all outstanding Capital Securities ($11,000,000 aggregate liquidation amount) and Common Securities"
Common Securities financial
"Capital Securities ($11,000,000 aggregate liquidation amount) and Common Securities ($341,000 aggregate liquidation amount) of the Trust"
indenture trustee financial
"U.S. Bank Trust Company, National Association, which serves as (i) indenture trustee for the $11,341,000"
institutional trustee financial
"and (ii) institutional trustee of Quantum Capital Statutory Trust II (the “Trust”)"

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FAQ

What capital instruments is HomeTrust Bancshares (HTB) redeeming?
HomeTrust Bancshares is redeeming Junior Subordinated Debt Securities and related trust securities. The debt has a principal of $11,341,000, supporting $11,000,000 of Capital Securities and $341,000 of Common Securities issued by Quantum Capital Statutory Trust II.

When will HomeTrust Bancshares (HTB) complete the debt redemption?
HomeTrust Bancshares plans to complete the redemption on June 15, 2026. On that date, the Junior Subordinated Debt Securities and all related Capital and Common Securities of the statutory trust will be redeemed in full using the debt redemption proceeds.

What is the redemption price for HTB’s Junior Subordinated Debt Securities?
The redemption price for the Junior Subordinated Debt Securities is 100% of their principal amount. Holders will also receive accrued and unpaid interest through the June 15, 2026 redemption date, consistent with the terms described in the notice to holders.

How are the Quantum Capital Statutory Trust II securities affected for HTB?
All outstanding Capital Securities with an $11,000,000 aggregate liquidation amount and Common Securities with a $341,000 aggregate liquidation amount will be redeemed. The trust will fund this by applying proceeds from HomeTrust Bancshares’ redemption of the underlying Junior Subordinated Debt Securities.

Who acts as trustee in the HomeTrust Bancshares (HTB) redemption?
U.S. Bank Trust Company, National Association, serves as indenture trustee for the Junior Subordinated Debt Securities. It also acts as institutional trustee for Quantum Capital Statutory Trust II, which holds the debt and will redeem its securities concurrently.
0001538263FALSE00015382632026-05-142026-05-14

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
 
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 14, 2026

HOMETRUST BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
 
Maryland 001-35593 45-5055422
(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
10 Woodfin Street, Asheville, North Carolina
 28801
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code: (828) 259-3939
Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities Registered Pursuant to Section 12(b) of the Act:
Title of Each ClassTrading SymbolName of Each Exchange on Which Registered
Common Stock, par value $0.01 per shareHTBThe New York Stock Exchange LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐



Item 8.01 Other Events
On May 14, 2026, U.S. Bank Trust Company, National Association, which serves as (i) indenture trustee for the $11,341,000 aggregate principal amount of Junior Subordinated Debt Securities due March 15, 2037 (the “Debt Securities”) of HomeTrust Bancshares, Inc. (the "Company"), as successor to Quantum Capital Corp. ("Quantum"), and (ii) institutional trustee of Quantum Capital Statutory Trust II (the “Trust”), a statutory trust formed by Quantum, notified holders that the Company will redeem the Debt Securities in whole on June 15, 2026 (the “Redemption Date”), and that, consequently, all outstanding Capital Securities ($11,000,000 aggregate liquidation amount) and Common Securities ($341,000 aggregate liquidation amount) of the Trust, which is the sole holder of the Debt Securities, will be concurrently redeemed by the Trust using the proceeds from the Company's redemption of the Debt Securities. The redemption price will be 100% of the principal amount of the Debt Securities, plus accrued and unpaid interest thereon to the Redemption Date.

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HOMETRUST BANCSHARES, INC.
Date: May 15, 2026 By:/s/ Tony J. VunCannon
Tony J. VunCannon
Executive Vice President, Chief Financial Officer, Corporate Secretary and Treasurer

2

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