Company: HBCP
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001436425-25-000012
Chunk: 8

Company: HOME BANCORP, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 8
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 in thousands)202420232022Cash flows from operating activities, net of effects of acquisitions:Net income$36,427 $40,240 $34,072 Adjustments to reconcile net income to net cash provided by operating activities:Provision for loan losses2,415 2,341 7,489 Depreciation3,498 3,571 3,464 Amortization and accretion of purchase accounting valuations and intangibles3,073 3,682 4,078 Federal Home Loan Bank stock dividends(497)(607)(53)Net amortization of premium on investments281 374 1,012 Amortization of subordinated debt issuance cost218 228 120 Loss on sale of securities, net— 249 — Gain on sale of loans, net(470)(816)(663)(Gain) loss on sale of assets, net(33)27 (26)Proceeds, including principal payments, from loans held for sale48,373 16,540 66,748 Originations of loans held for sale(48,488)(16,638)(65,079)Non-cash compensation2,764 2,375 2,441 Deferred income tax benefit(44)(33)(882)Decrease (increase) in accrued interest receivable and other assets527 (8,023)(10,427)Increase in cash surrender value of bank-owned life insurance(1,100)(1,045)(915)Increase (decrease) in accrued interest payable and other liabilities1,787 (1,109)9,820 Net cash provided by operating activities48,731 41,356 51,199 Cash flows from investing activities, net of effects of acquisitions:Purchases of securities available for sale(10,507)— (238,498)Proceeds from maturities, prepayments and calls on securities available for sale43,779 49,554 57,922 Proceeds from maturities, prepayments and calls on securities held to maturity— — 1,000 Proceeds from sales on securities available for sale— 13,762 — Increase in loans, net(141,753)(154,666)(279,450)Decrease in interest-bearing deposits in banks99 250 — Proceeds from sale of foreclosed assets2,159 809 2,650 Purchases of office properties