Company: HBCP
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001436425-25-000012
Chunk: 50

Company: HOME BANCORP, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 50
---
 December 31, 2024, was as follows.(dollars in thousands)Amount20251,087 2026851 2027618 2028393 2029290 Thereafter288 Total CDI$3,527 

9. Deposits

The Company’s deposits consisted of the following major classifications as of December 31 of the years indicated.(dollars in thousands)20242023Demand deposit accounts$733,073 $744,424 Savings210,977 231,624 Money market accounts457,483 408,024 NOW accounts645,246 641,818 Certificates of deposit733,917 644,734 Total deposits$2,780,696 $2,670,624 

73

As of December 31, 2024, the scheduled maturities of the Company’s certificates of deposit were as follows.(dollars in thousands)Amount2025$693,281 202630,038 20273,930 20282,646 20292,838 Thereafter1,184 Total certificates of deposit$733,917 The amount of our total uninsured deposits (that is, deposits in excess of the FDIC insurance limit) was $813,553,000 and $748,586,000 at December 31, 2024 and December 31, 2023, respectively. As of December 31, 2024 and 2023, the aggregate amount of certificates of deposit with balances of $250,000 or more was $228,392,000 and $190,733,000, respectively.

10. Other Borrowings

Other borrowings at December 31, 2024 and 2023 included a $5,539,000 note payable with a rate of 3.83% on the Company’s investment in a new market tax credit entity. The note payable is a 20-year leverage loan with interest-only payments for the first seven years. The note was originated in October 2018.On March 12, 2023, the Federal Reserve Board developed the BTFP, which offers loans to banks with a term of up to one year. The loans are secured by pledging the banks’ U.S. treasuries, agency securities, agency mortgage-backed securities, and any other qualifying assets. These pledged securities were valued at par for collateral purposes. At December 31, 2024 and 2023