Company: HBCP
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001436425-25-000036
Chunk: 1

Company: HOME BANCORP, INC.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 2
Chunk 1
---
 acts of war or terrorism or other external events. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.

EXECUTIVE OVERVIEW

The Company reported net income for the second quarter of 2025 of $11.3 million, or $1.45 diluted EPS, up $3.2 million, or 39.6%, compared to the second quarter of 2024. Net income for the second quarter of 2024 totaled $8.1 million, or $1.02 diluted EPS. For the six months ended June 30, 2025, the Company reported net income $22.3 million, or $2.82 diluted EPS, up $5.0 million, or 28.7%, from $17.3 million, or $2.16 diluted EPS, reported for the six months ended June 30, 2024.

Key components of the Company’s performance during the three and six months ended June 30, 2025 include:

•Assets increased $47.8 million, or 1.4%, from December 31, 2024 to $3.5 billion at June 30, 2025.

•Total loans were $2.8 billion at June 30, 2025, up $46.4 million, or 1.7%, from December 31, 2024. 

•During the three and six months ended June 30, 2025, the Company provisioned $489,000 and $883,000, respectively, to the allowance for loan losses, primarily due to loan growth. During the three and six months ended June 30, 2024, the Company provisioned $1.3 million and $1.4 million, respectively, to the allowance for loan losses. 

•The ALL totaled $33.4 million, or 1.21% of total loans, at June 30, 2025 compared to $32.9 million, or 1.21% of total loans, at December 31, 2024. The ACL, which is comprised of the allowance for loan losses plus the allowance for unfunded lending commitments, totaled $35.2 million, or 1.27% of total loans, at June 30, 2025 compared to $35.6 million, or 1.31% of total loans, at December 31, 2024.

•