Company: HBCP
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001436425-25-000012
Chunk: 54

Company: HOME BANCORP, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 54
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ional AmountFair ValueNotional AmountFair ValueNotional AmountFair ValueNotional AmountFair ValueDerivatives designated as hedging instruments:Interest rate swaps - variable rate liabilities$80,000 $3,241 $— $— $60,000 $3,914 $— $— Derivatives not designated as hedging instruments:Interest rate contracts9,000 26 9,000 42 — — — — Risk participation agreements— — 11,550 — — — 11,797 3 Netting adjustments— — — — Net derivative amounts$3,267 $42 $3,914 $3 (1)Derivative assets and liabilities are reported at fair value in accrued interest receivable and other assets and accrued interest payable and other liabilities, respectively, in the Consolidated Statements of Financial Condition.At December 31, 2024 and 2023, accumulated unrealized gains, net of taxes, on derivative instruments totaled $2,418,000 and $2,928,000, respectively.Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive IncomeThe following tables below presents the effect of cash flow hedge accounting on Accumulated Other Comprehensive (Loss)  Income as of December 31, 2024 and 2023.Year Ended December 31, 2024Amount of Gain Recognized in OCILocation of Gain Reclassified from AOCI into IncomeAmount of Gain Reclassified from AOCI into Income(dollars in thousands)TotalIncluded ComponentTotalIncluded ComponentDerivatives in cash flows hedging relationships:Interest rate swaps - variable rate liabilities$1,770 $1,770 Interest income$2,416 $2,416 

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For the Year Ended December 31, 2023Amount of Gain Recognized in OCILocation of Gain Reclassified from AOCI into IncomeAmount of Gain Reclassified from AOCI into Income(dollars in thousands)TotalIncluded ComponentTotalIncluded ComponentDerivatives in cash flows hedging relationships:Interest rate swaps - variable rate liabilities$878 $878 Interest income$2,185 $2,185 Effect of Cash Flow Hedge Accounting on the Consolidated Statements of IncomeThe following tables below presents the effect of the Company’s derivative financial instruments on the Consolidated Statements of Income as of December 31, 2024 and