Company: HBCP
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001436425-25-000012
Chunk: 145

Company: HOME BANCORP, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 7
Chunk 145
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 Company reviews investment activity monthly.

The investment securities portfolio decreased by an aggregate of $31.1 million, or 7.2%, during 2024. Securities available for sale made up 99.7% of the investment securities portfolio as of December 31, 2024. The following table sets forth the amortized cost and market value of our investment securities portfolio as of the dates indicated.

December 31,202420232022(dollars in thousands)AmortizedCostMarketValueAmortizedCostMarketValueAmortizedCostMarketValueAvailable for sale:U.S. agency mortgage-backed$291,351 $261,873 $314,569 $283,853 $355,014 $316,832 Collateralized mortgage obligations73,931 71,389 82,764 79,262 91,217 86,345 Municipal bonds53,458 45,829 53,891 46,674 67,476 57,625 U.S. government agency18,079 17,128 19,151 18,049 20,600 19,333 Corporate bonds6,985 6,573 6,982 6,088 6,980 6,383 Total available for sale443,804 402,792 477,357 433,926 541,287 486,518 Held to maturity:Municipal bonds1,065 1,065 1,065 1,066 1,075 1,072 Total held to maturity1,065 1,065 1,065 1,066 1,075 1,072 Total investment securities$444,869 $403,857 $478,422 $434,992 $542,362 $487,590 

The following table sets forth the fixed versus adjustable rate profile of the investment securities portfolio as of the dates indicated. All amounts are shown at amortized cost.

December 31,(dollars in thousands)202420232022Fixed rate:Available for sale$420,577 $451,517 $511,960 Held to maturity1,065 1,065 1,075 Total fixed rate421,642 452,582 513,035 Adjustable rate:Available for sale23,227 25,840 29,327 Total adjustable rate23