Company: HBCP
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001436425-25-000018
Chunk: 8

Company: HOME BANCORP, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 2
Chunk 8
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 279 Commercial real estate1,055 3,294 4,349 1,058 2,246 3,304 Construction and land5,584 — 5,584 1,619 3 1,622 Multi-family residential930 — 930 — — — Other loans:Commercial and industrial611 595 1,206 705 606 1,311 Consumer151 10 161 16 11 27 Total nonaccrual loans13,090 5,880 18,970 8,991 4,591 13,582 Accruing loans 90 days or more past due77 — 77 16 — 16 Total nonperforming loans 13,167 5,880 19,047 9,007 4,591 13,598 Foreclosed assets and ORE2,424 — 2,424 1,963 47 2,010 Total nonperforming assets15,591 5,880 21,471 10,970 4,638 15,608 Nonperforming loans to total loans0.69 %0.50 %Nonperforming loans to total assets0.55 %0.39 %Nonperforming assets to total assets0.62 %0.45 %

(1)Nonaccrual acquired loans include PCD loans of $1.2 million and $1.3 million at March 31, 2025 and December 31, 2024, respectively.

Foreclosed assets and ORE includes real property and other assets that have been acquired as a result of foreclosure, and real property no longer used in the Bank's business. Foreclosed assets and ORE are classified as such until sold or disposed. Foreclosed assets are recorded at fair value less estimated selling costs based on third party property valuations which are obtained at the time the asset is repossessed and periodically until the property is liquidated. ORE is recorded at the lower of its net book value or fair value at the date of transfer to ORE. Foreclosed assets and ORE holding costs are charged to expense. Gains and losses on the sale of foreclosed assets and ORE are charged to operations, as incurred. Costs associated with acquiring and improving a foreclosed property or ORE are capitalized to the extent that the carrying value