Company: HBCP
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001436425-25-000012
Chunk: 32

Company: HOME BANCORP, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 32
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000 at December 31, 2024 and 2023, respectively, which is included in commercial and industrial loans.Accrued interest receivable on the Company's loans was $13,314,000 and $11,986,000 at December 31, 2024 and 2023, respectively, and is excluded from the estimate of the ACL. These amounts are recorded in accrued interest receivable and other assets on the Consolidated Statements of Financial Condition.A summary of activity in the ACL for the years ended December 31, 2024, 2023 and 2022 follows.For the Year Ended December 31, 2024(dollars in thousands)Beginning BalanceCharge-offsRecoveriesProvision (Reversal)Ending BalanceAllowance for credit losses:One- to four-family first mortgage$3,255 $— $4 $1,171 $4,430 Home equity loans and lines688 (22)36 99 801 Commercial real estate14,805 — — (1,284)13,521 Construction and land5,415 (123)— 192 5,484 Multi-family residential474 — 12 604 1,090 Commercial and industrial6,166 (875)163 1,407 6,861 Consumer734 (265)34 226 729 Total allowance for loan losses$31,537 $(1,285)$249 $2,415 $32,916 Unfunded lending commitments2,594 — — 106 2,700 Total allowance for credit losses$34,131 $(1,285)$249 $2,521 $35,616 

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For the Year Ended December 31, 2023(dollars in thousands) Beginning BalanceCharge-offsRecoveriesProvision (Reversal)Ending BalanceAllowance for credit losses:One- to four-family first mortgage$2,883 $(12)$43 $341 $3,255 Home equity loans and lines624 — 6 58 688 Commercial real estate13,814 (29)100 920 14,805 Construction and land4,680 — — 735 5,415 Multi-family residential572 — — (98)474 Commercial and industrial6,024 (255)