Company: HBCP
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-048166
Chunk: 61

Company: HOME BANCORP, INC.
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 8
Chunk 61
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 expected cash flows of each derivative. The analysis reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The fair values of interest rate swaps are determined using the market standard methodology of netting the discounted future fixed cash receipts (or payments) and the discounted expected variable cash payments (or receipts). The variable cash payments (or receipts) are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. The Company has determined that its derivative valuations are classified in Level 2 of the fair value hierarchy. The following tables present the balances of assets measured for fair value on a recurring basis as of September 30, 2025 and December 31, 2024.(dollars in thousands)September 30, 2025Level 1Level 2Level 3AssetsAvailable for sale securities:U.S. agency mortgage-backed$257,870 $— $257,870 $— Collateralized mortgage obligations62,465 — 62,465 — Municipal bonds47,810 — 47,810 — U.S. government agency10,951 — 10,951 — Corporate bonds4,244 — 4,244 — Total$383,340 $— $383,340 $— Derivative assets$1,786 $— $1,786 $— Total$385,126 $— $385,126 $— LiabilitiesDerivative liabilities$331 $— $331 $— 

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(dollars in thousands)December 31, 2024Level 1Level 2Level 3AssetsAvailable for sale securities:U.S. agency mortgage-backed$261,873 $— $261,873 $— Collateralized mortgage obligations71,389 — 71,389 — Municipal bonds45,829 — 45,829 — U.S. government agency17,128 — 17,128 — Corporate bonds6,573 — 6,573 — Total$402,792 $— $402,792 $— Derivative assets$3,267 $— $3,267 $— Total$406,059 $—