Company: HBCP
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-048166
Chunk: 75

Company: HOME BANCORP, INC.
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 8
Chunk 75
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 55 16 — 16 Total nonperforming loans 19,706 9,816 29,522 9,007 4,591 13,598 Foreclosed assets and ORE1,374 10 1,384 1,963 47 2,010 Total nonperforming assets21,080 9,826 30,906 10,970 4,638 15,608 

37

 September 30, 2025December 31, 2024(dollars in thousands)OriginatedAcquired(1) TotalOriginatedAcquired(1) Total Nonperforming loans to total loans1.09 %0.50 %Nonperforming loans to total assets0.84 %0.39 %Nonperforming assets to total assets0.88 %0.45 %

(1)Nonaccrual acquired loans include PCD loans of $1.2 million and $1.3 million at September 30, 2025 and December 31, 2024, respectively.

Foreclosed assets and ORE includes real property and other assets that have been acquired as a result of foreclosure, and real property no longer used in the Bank's business. Foreclosed assets and ORE are classified as such until sold or disposed. Foreclosed assets are recorded at fair value less estimated selling costs based on third party property valuations which are obtained at the time the asset is repossessed and periodically until the property is liquidated. ORE is recorded at the lower of its net book value or fair value at the date of transfer to ORE. Foreclosed assets and ORE holding costs are charged to expense. Gains and losses on the sale of foreclosed assets and ORE are charged to operations, as incurred. Costs associated with acquiring and improving a foreclosed property or ORE are capitalized to the extent that the carrying value does not exceed fair value less estimated selling costs.

Investment Securities

The Company’s investment securities portfolio totaled $384.4 million as of September 30, 2025, a decrease of $19.5 million, or 4.8%, from December 31, 2024. During the third quarters of 2025 and 2024, the Company had no gains or losses related to the sale of available-for-sale investment securities. At September 30, 2025, the Company had a net unreal