Company: HBCP
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-048166
Chunk: 73

Company: HOME BANCORP, INC.
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 8
Chunk 73
---
 as assets without the establishment of a specific loss reserve is not warranted.

At September 30, 2025 and December 31, 2024, loans classified as substandard totaled $57.6 million and $35.8 million, respectively. There were no assets classified as doubtful at either date. For additional information, refer to Note 5 to the Consolidated Financial Statements. 

The following tables provide a summary of loans classified as special mention and substandard as of the dates indicated.

(dollars in thousands)September 30, 2025December 31, 2024Increase/(Decrease)Special Mention LoansOne- to four-family first mortgage$— $823 $(823)(100.0)%Home equity loans and lines— — — — Commercial real estate3,067 — 3,067 100.0 Construction and land892 — 892 100.0 Multi-family residential— — — — Commercial and industrial— — — — Consumer— — — — Total special mention loans$3,959 $823 $3,136 381.0 %

36

(dollars in thousands)September 30, 2025December 31, 2024Increase/(Decrease)Substandard LoansOne- to four-family first mortgage$6,863 $7,034 $(171)(2.4)%Home equity loans and lines1,008 279 729 261.3 Commercial real estate31,575 18,541 13,034 70.3 Construction and land9,847 5,224 4,623 88.5 Multi-family residential1,291 930 361 38.8 Commercial and industrial6,999 3,755 3,244 86.4 Consumer60 27 33 122.2 Total substandard loans$57,643 $35,790 $21,853 61.1 %Total nonperforming loans increased by $15.9 million, or 117.1%, to $29.5 million at September 30, 2025, compared to $13.6 million at December 31, 2024. The primary reason for the increase was ten loan relationships with an aggregate outstanding balance of $19.0 million at September 30, 2025 that became nonperforming