Company: HBCP
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-048166
Chunk: 59

Company: HOME BANCORP, INC.
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 8
Chunk 59
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 was $39,445,000 for the third quarter of 2025, a decrease of $17,298,000 compared to the third quarter of 2024.The Company had short-term FHLB advances in the amount of $0 as of September 30, 2025 compared to $137,220,000 as of December 31, 2024. At September 30, 2025 and December 31, 2024, the Company had $3,059,000 and $38,326,000 in long-term FHLB advances, respectively, and $1,275,472,000 and $1,088,068,000 in additional FHLB advances available, respectively.The following table summarizes long-term FHLB advances as of September 30, 2025 and December 31, 2024.September 30, 2025December 31, 2024(dollars in thousands)AmountWeighted Average RateAmountWeighted Average RateFixed rate advances maturing in:2025$9 2.24 %$35,194 3.49 %20263,050 1.53 3,132 1.55 Total FHLB advances$3,059 1.54 %$38,326 3.33 %

8. Fair Value Measurements and Disclosures

The Company utilizes fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. The Company groups assets and liabilities measured or disclosed at fair value in three levels as required by ASC 820, Fair Value Measurements and Disclosures. Under this guidance, fair value should be based on the assumptions market participants would use when pricing the asset or liability and establishes a fair value hierarchy that prioritizes the inputs used to develop those assumptions and measure fair value. The hierarchy requires companies to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels used to measure fair value are as follows: •Level 1 – Quoted prices in active markets for identical assets or liabilities.•Level 2 – Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.•Level 3 – Unobservable inputs that are supported by little or no market activity and