Company: HBCP
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001436425-25-000018
Chunk: 67

Company: HOME BANCORP, INC.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 8
Chunk 67
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 significant factors that affect the collectability of the portfolio in a reasonable manner; and that management establish acceptable allowance evaluation processes that meet the objectives set forth in the policy statement. Management maintains, based on current and forecasted information, an ACL that reflects a current estimate of expected credit losses for the estimated life of the loan portfolio at reporting periods subsequent to the adoption date. For all reporting periods, actual losses are uncertain and dependent upon future events and, as such, further additions to the level of ACL may become necessary.

The following table sets forth the composition of the Company’s nonperforming assets as of the dates indicated.

 March 31, 2025December 31, 2024(dollars in thousands)OriginatedAcquired(1) TotalOriginatedAcquired(1) Total Nonaccrual loans:Real estate loans:One- to four-family first mortgage$4,420 $1,948 $6,368 $5,348 $1,691 $7,039 Home equity loans and lines339 33 372 245 34 279 Commercial real estate1,055 3,294 4,349 1,058 2,246 3,304 Construction and land5,584 — 5,584 1,619 3 1,622 Multi-family residential930 — 930 — — — Other loans:Commercial and industrial611 595 1,206 705 606 1,311 Consumer151 10 161 16 11 27 Total nonaccrual loans13,090 5,880 18,970 8,991 4,591 13,582 Accruing loans 90 days or more past due77 — 77 16 — 16 Total nonperforming loans 13,167 5,880 19,047 9,007 4,591 13,598 Foreclosed assets and ORE2,424 — 2,424 1,963 47 2,010 Total nonperforming assets15,591 5,880 21,471 10,970 4,638 15,608 Nonperforming loans to total loans0.69 %0.50 %Nonperforming loans to total assets0.55 %0.39 %Nonperforming assets to total assets0