Company: HBCP
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001436425-25-000018
Chunk: 45

Company: HOME BANCORP, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 45
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 90 days past due and accruing at March 31, 2025 and December 31, 2024, respectively.

The following tables summarize information pertaining to nonaccrual loans as of dates indicated.March 31, 2025(dollars in thousands)With Related AllowanceWithout Related AllowanceTotalNonaccrual loans(1):One- to four-family first mortgage$6,368 $— $6,368 Home equity loans and lines372 — 372 Commercial real estate4,349 — 4,349 Construction and land5,584 — 5,584 Multi-family residential930 — 930 Commercial and industrial1,206 — 1,206 Consumer161 — 161 Total$18,970 $— $18,970 December 31, 2024(dollars in thousands)With Related AllowanceWithout Related AllowanceTotalNonaccrual loans(1):One- to four-family first mortgage$7,039 $— $7,039 Home equity loans and lines279 — 279 Commercial real estate3,304 — 3,304 Construction and land1,622 — 1,622 Multi-family residential— — — Commercial and industrial1,311 — 1,311 Consumer27 — 27 Total$13,582 $— $13,582 (1)Nonaccrual acquired loans include PCD loans of $1,228,000 and $1,256,000 at March 31, 2025 and December 31, 2024, respectively. All interest accrued but not received for loans placed on nonaccrual status is reversed against interest income. All payments received while on nonaccrual status are applied against the principal balance of nonaccrual loans. The Company does not recognize interest income while loans are on nonaccrual status.

Collateral Dependent LoansThe Company held loans that were individually evaluated for credit losses at March 31, 2025 and December 31, 2024 for which the repayment, on the basis of our assessment at the reporting date, is expected to be provided substantially through the operation or sale of the collateral and the borrower is experiencing financial difficulty. The ACL for these collateral-dependent loans is primarily based on the fair value of the underlying collateral at the reporting date. The following describes the types of collateral that