Company: HBCP
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-048166
Chunk: 74

Company: HOME BANCORP, INC.
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 8
Chunk 74
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 during 2025, for which management does not anticipate any losses.

A bank’s determination as to the classification of its assets and the amount of its valuation allowances is subject to review by Federal bank regulators which can order the establishment of additional general or specific loss allowances. The Federal banking agencies have adopted an interagency policy statement on the allowance for loan and lease losses. The policy statement provides guidance for financial institutions on both the responsibilities of management for the assessment and establishment of allowances and guidance for banking agency examiners to use in determining the adequacy of general valuation guidelines. Generally, the policy statement recommends that institutions have effective systems and controls to identify, monitor and address asset quality problems; that management analyze all significant factors that affect the collectability of the portfolio in a reasonable manner; and that management establish acceptable allowance evaluation processes that meet the objectives set forth in the policy statement. Management maintains, based on current and forecasted information, an ACL that reflects a current estimate of expected credit losses for the estimated life of the loan portfolio at reporting periods subsequent to the adoption date. For all reporting periods, actual losses are uncertain and dependent upon future events and, as such, further additions to the level of ACL may become necessary.

The following table sets forth the composition of the Company’s nonperforming assets as of the dates indicated.

 September 30, 2025December 31, 2024(dollars in thousands)OriginatedAcquired(1) TotalOriginatedAcquired(1) Total Nonaccrual loans:Real estate loans:One- to four-family first mortgage$5,211 $1,191 $6,402 $5,348 $1,691 $7,039 Home equity loans and lines976 32 1,008 245 34 279 Commercial real estate1,804 8,212 10,016 1,058 2,246 3,304 Construction and land9,847 — 9,847 1,619 3 1,622 Multi-family residential973 — 973 — — — Other loans:Commercial and industrial813 348 1,161 705 606 1,311 Consumer27 33 60 16 11 27 Total nonaccrual loans19,651 9,816 29,467 8,991 4,591 13,582 Accruing loans 90 days or more past due55 —