Company: HBCP
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001436425-25-000012
Chunk: 47

Company: HOME BANCORP, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 47
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 as of December 31, 2024 granted a modification to borrowers experiencing financial difficulty that were modified in the last 12 months.(dollars in thousands)30-89 Days Past Due90+ Days Past DueCurrentTotalDecember 31, 2024One-to four-family first mortgage$— $— $801 $801 Home equity loans and lines— — — — Commercial real estate— 965 1,500 2,465 Construction and land— — 207 207 Multi-family residential— — — — Commercial and industrial— — 1,106 1,106 Consumer— — — — Total$— $965 $3,614 $4,579 The loan modifications reported in the table above did not significantly impact the Company's allowance for loan losses during 2024.

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6. Loan Servicing

Mortgage loans sold to and serviced for others are not included in the accompanying statements of financial condition. The unpaid principal balances of these loans as of December 31 of the years indicated are summarized as follows:(dollars in thousands)20242023Mortgage loans sold to Federal Home Loan Mortgage Corporation without recourse$1,134 $1,251 Mortgage loans sold to Federal National Mortgage Association without recourse32,238 37,614 Mortgage loans sold to Federal Home Loan Bank without recourse124 138 Total, end of period$33,496 $39,003 The Company no longer retains servicing rights for mortgage loans sold.Custodial and escrow account balances maintained in connection with the foregoing loan servicing arrangements were $1,102,000 and $1,049,000 as of December 31, 2024 and 2023, respectively.During the years ended December 31, 2024 and 2023, the Company sold $1,302,000 and $8,936,000, respectively, of SBA guaranteed portion of loans originated and retained the servicing rights. The portion of SBA loans serviced for others are not included in the Consolidated Statements of Financial Condition. The unpaid principal balance of SBA loans serviced for others was $59,633,000 and $69,877,000 at December 31, 2024 and December 31, 2023, respectively.SBA servicing assets are recognized separately when rights are acquired through the sale of the SBA guarantees. These