Company: HBCP
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-048166
Chunk: 78

Company: HOME BANCORP, INC.
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 8
Chunk 78
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, down $17.3 million compared to the third quarter of 2024. We reduced our FHLB advances in 2024 primarily due to our increased utilization of BTFP loans as an alternative source of funds. BTFP borrowings were paid off in the fourth quarter of 2024 and replaced with short-term FHLB advances.

The Company had no short-term FHLB advances as of September 30, 2025, down $137.2 million compared to $137.2 million as of December 31, 2024. At September 30, 2025 and December 31, 2024, the Company had $3.1 million and $38.3 million in long-term FHLB advances, respectively, and $1.3 billion and $1.1 billion in additional FHLB advances available, respectively.

Shareholders’ Equity

Total shareholders’ equity increased $27.0 million, or 6.8%, from $396.1 million at December 31, 2024 to $423.0 million at September 30, 2025. Shareholders' equity increased primarily due to net income of $34.7 million and a decrease in accumulated other comprehensive loss on available for sale investment securities, which were partially offset by cash dividends paid on the common stock and share repurchases during the nine months ended September 30, 2025. 

39

At September 30, 2025, the Company and the Bank had regulatory capital amounts that were well in excess of regulatory requirements. The following table presents actual and required capital ratios for the Company and the Bank under the Basel III Capital Rules. The minimum required capital amounts presented include the minimum required capital levels as of September 30, 2025 based on the required capital levels as of January 1, 2019 when the Basel III Capital Rules were fully phased-in. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations, as amended to reflect the changes under the Basel III Capital Rules.

 ActualMinimum Capital Required – Basel III Fully Phased-InTo Be Well Capitalized Under Prompt Corrective Action Provisions(dollars in thousands)AmountRatioAmountRatioAmountRatioCompany:Tier 1 risk-based capital$358,721 12.50 %$243,987 8.50 %N/AN/ATotal risk-based capital447,699 15.60 301,396 10.50 N