Company: HBCP
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001436425-25-000012
Chunk: 66

Company: HOME BANCORP, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 66
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 the Company’s common stock as of the date of grant applied to the total number of shares granted and is amortized over the vesting period. As of December 31, 2024, unearned share-based compensation associated with these awards totaled $3,223,000 with a weighted average remaining life of 3.4 years.For the years ended December 31, 2024, 2023 and 2022, the Company recognized $1,017,000, $762,000 and $625,000, respectively, in compensation cost related to restricted stock and restricted stock units, which is included in compensation and benefits expense in the accompanying consolidated statements of income.

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The following table represents unvested restricted stock activity for the years indicated.Restricted StockNumber ofSharesWeighted-Average Grant Date Fair ValueBalance, December 31, 202146,207 $33.93 Granted42,495 35.32 Forfeited— — Released(14,640)34.67 Balance, December 31, 202274,062 $34.58 Granted45,065 30.37 Forfeited(6,375)32.88 Released(19,814)35.04 Balance, December 31, 202392,938 $32.55 Granted46,800 37.52 Forfeited(340)32.06 Released(25,156)32.66 Balance, December 31, 2024114,242 $34.56 

20. Earnings Per Share

Earnings per common share was computed based on the following: Years Ended December 31,(dollars in thousands, except per share  data)202420232022Numerator:Income applicable to common shares$36,427 $40,240 $34,072 Denominator:Weighted average common shares outstanding7,956 8,028 8,139 Effect of dilutive securities:Restricted stock26 15 13 Stock options23 22 42 Weighted average common shares outstanding - assuming dilution8,005 8,065 8,194 Earnings per common share$4.58 $5.02 $4.19 Earnings per common share - assuming dilution$4.55 $4.99 $4.16 Options on