Company: HBCP
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001436425-25-000012
Chunk: 35

Company: HOME BANCORP, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 35
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,724 Multi-family residential107,263 — 107,263 Commercial and industrial405,547 112 405,659 Consumer32,923 — 32,923 Total loans$2,577,422 $4,216 $2,581,638 (1)At December 31, 2024, $2.7 million of the ACL related to noncancellable unfunded lending commitments of $516.8 million. The ACL on unfunded lending commitments is recorded within accrued interest payable and other liabilities on the Consolidated Statements of Financial Condition. Adjustments to the ACL on unfunded lending commitments are reported as a component of noninterest expense on the Consolidated Statements of Income.(2)PCD loans individually evaluated totaled $1.3 million and $1.4 million at December 31, 2024 and December 31, 2023, respectively.(3)At December 31, 2023, $2.6 million of the ACL related to noncancellable unfunded lending commitments of $534.7 million. The ACL on unfunded lending commitments is recorded within accrued interest payable and other liabilities on the Consolidated Statements of Financial Condition. Adjustments to the ACL on unfunded lending commitments are reported as a component of noninterest expense on the Consolidated Statements of Income.Although the Company has a diversified loan portfolio, a substantial portion of the loan portfolio is collateralized by improved and unimproved real estate and is dependent, in part, on values in the real estate market.

The following table presents the Company’s loan portfolio by credit quality classification and origination year as of December 31, 2024.Term Loans by Origination Year(dollars in thousands)20242023202220212020PriorRevolving LoansRevolving Loans Converted to Term LoansTotalOne- to four-family first mortgage:Pass$71,582 $95,261 $108,853 $76,116 $31,482 $88,472 $20,042 $1,560 $493,368 Special Mention— 146 491 186 — — — — 823 Substandard56 1,040 2,316 575 340 2,707 — — 7,034 Doubtful— — — — — — — — — Total one- to four-family first mortgages$71