Company: HBCP
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001436425-25-000012
Chunk: 29

Company: HOME BANCORP, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 29
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 sale$8,312 $130 $416,953 $43,397 $425,265 $43,527 Held to maturity:Municipal bonds$— $— $— $— $— $— Total held to maturity$— $— $— $— $— $— At December 31, 2024, 250 of the Company’s debt securities had unrealized losses totaling 9.4% of the individual securities’ amortized cost basis and 9.2% of the Company’s total amortized cost basis of the investment securities portfolio. At such date, 233 of the 250 securities had been in a continuous loss position for over 12 months. Management has determined that the declines in the fair value of these securities were not attributable to credit losses. As a result, no ACL was recorded for available for sale investment securities at December 31, 2024.At December 31, 2024 and December 31, 2023, it was determined that no ACL was required for the Company's held to maturity investment securities. The Company monitors credit quality of debt securities held to maturity through the use of credit ratings. The following tables present the amortized cost of the Company's held to maturity securities by credit quality rating at December 31, 2024 and December 31, 2023.Credit Ratings(dollars in thousands)AAA/AA/ABBB/BB/BTotalDecember 31, 2024Held to maturity:Municipal bonds$1,065 $— $1,065 

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Credit Ratings(dollars in thousands)AAA/AA/ABBB/BB/BTotalDecember 31, 2023Held to maturity:Municipal bonds$1,065 $— $1,065 The amortized cost and estimated fair value by maturity of the Company’s investment securities as of December 31, 2024 are shown in the following tables. Securities are classified according to their contractual maturities without consideration of principal amortization, potential prepayments or call options. The expected maturity of a security may differ from its contractual maturity because of the exercise of call options and potential paydowns. Accordingly, actual maturities may differ from contractual maturities.(dollars in thousands)One Year or LessAfter One Year through Five YearsAfter Five