Company: HBCP
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-048166
Chunk: 3

Company: HOME BANCORP, INC.
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 2
Chunk 3
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46,000, or 1.2%, compared to the third quarter of 2024, primarily due to an increase in service fees and charges (up $117,000), which was partially offset by a decrease in other income (down $70,000). For the nine months ended September 30, 2025, noninterest income was $11.5 million, up $467,000, or 4.2%, from the comparable period in 2024 primarily due to an increase in service fees and charges (up $278,000) and gain on sale of loans (up $227,000), which were partially offset by a decrease in other income (down $116,000).

•Noninterest expense for the third quarter of 2025 was $22.5 million, up $273,000, or 1.2%, compared to the third quarter of 2024, primarily due to an increase in compensation and benefits (up $473,000) and foreclosed assets (up $315,000), which were partially offset by a decrease in other expenses (down $206,000) and occupancy (down $188,000). For the nine months ended September 30, 2025, noninterest expense was up $66.5 million, $1.6 million, or 2.4%, from the comparable period in 2024 primarily due to an increase in compensation and benefits (up $1.5 million) and foreclosed assets, net (up $807,000), which were partially offset by the reversal of provision for credit losses on unfunded commitments (down $836,000).

FINANCIAL CONDITION

Loans, Allowance for Credit Losses and Asset Quality

Loans

Total loans at September 30, 2025 were $2.7 billion, down $12.3 million, or 0.5%, from December 31, 2024. 

The following table summarizes the composition of the Company’s loan portfolio as of the dates indicated.

(dollars in thousands)September 30, 2025December 31, 2024Increase/(Decrease)Real estate loans:One-to four-family first mortgage$490,600 $501,225 $(10,625)(2.1)%Home equity loans and lines86,885 79,097 7,788 9.8 Commercial real estate1,175,384 1,158,781 16,603 1