Company: HBCP
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001436425-25-000018
Chunk: 35

Company: HOME BANCORP, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 35
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747,277  December 31, 2024(dollars in thousands)Collectively EvaluatedIndividually EvaluatedTotalAllowance for credit losses:One- to four-family first mortgage$4,430 $— $4,430 Home equity loans and lines801 — 801 Commercial real estate13,321 200 13,521 Construction and land5,484 — 5,484 Multi-family residential1,090 — 1,090 Commercial and industrial6,613 248 6,861 Consumer729 — 729 Total allowance for loan losses$32,468 $448 $32,916 Unfunded lending commitments(1)$2,700 $— $2,700 Total allowance for credit losses$35,168 $448 $35,616  December 31, 2024(dollars in thousands)Collectively EvaluatedIndividually Evaluated(2)TotalLoans:One- to four-family first mortgage$501,225 $— $501,225 Home equity loans and lines79,097 — 79,097 Commercial real estate1,154,063 4,718 1,158,781 Construction and land352,263 — 352,263 Multi-family residential178,568 — 178,568 Commercial and industrial418,373 254 418,627 Consumer29,624 — 29,624 Total loans$2,713,213 $4,972 $2,718,185 (1)The ACL on unfunded lending commitments is recorded within accrued interest payable and other liabilities on the Consolidated Statements of Financial Condition.(2)One PCD loan was individually evaluated at March 31, 2025 and  December 31, 2024, respectively.

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A summary of activity in the ACL for the three months ended March 31, 2025 and March 31, 2024 follows.  Three Months Ended March 31, 2025(dollars in thousands)BeginningBalanceCharge-offsRecoveriesProvision (Reversal)EndingBalanceAllowance for credit losses:One- to four-family first mortgage$4,430 $— $7 $22 $4,459 Home equity loans and lines801 — — (6)795 Commercial