Company: HBCP
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001436425-25-000036
Chunk: 17

Company: HOME BANCORP, INC.
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 2
Chunk 17
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 2024, respectively. For the same periods, the average loan yield was 6.50% and 6.28%, respectively.

Acquired loan discount accretion included in interest income totaled $356,000 and $490,000 for the quarters ended June 30, 2025 and 2024, respectively. The net interest margin for the six months ended June 30, 2025 and 2024 was 3.98% and 3.65%, respectively. For the same periods, the average loan yield was 6.46% and 6.23%, respectively.

The following table sets forth, for the periods indicated, information regarding (i) the total dollar amount of interest income of the Company from interest-earning assets and the resultant average yields; (ii) the total dollar amount of interest expense on interest-bearing liabilities and the resultant average rate; (iii) net interest income; (iv) net interest spread; and (v) net interest margin. Information is based on average monthly balances during the indicated periods. Taxable equivalent yields are calculated using a marginal tax rate of 21%.

 Three Months Ended June 30, 20252024(dollars in thousands)Average BalanceInterestAverage Yield/RateAverage BalanceInterestAverage Yield/RateInterest-earning assets:Loans receivable(1)$2,764,065 $45,287 6.50 %$2,652,331 $41,999 6.28 %Investment securitiesTaxable410,504 2,523 2.46 447,215 2,667 2.38 Tax-exempt (TE)16,097 73 2.28 16,285 73 2.28 Total investment securities426,601 2,596 2.45 463,500 2,740 2.38 Other interest-earning assets71,067 746 4.21 51,355 719 5.64 Total interest-earning assets (TE)3,261,733 $48,629 5.92 3,167,186 $45,458 5.70 Noninterest-earning assets213,029 200,021 Total assets$3,474,762 $3,367,207 Interest-bearing liabilities:Deposits:Savings, checking and money market$1,296,541 $5,531