Company: HBCP
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001436425-25-000012
Chunk: 67

Company: HOME BANCORP, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 67
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 69,337, 111,234 and 77,655 shares of common stock were not included in computing diluted earnings per share for the years ended December 31, 2024, 2023 and 2022, respectively, because the effect of these shares was anti-dilutive.

21. Related Party Transactions

Certain directors and officers of the Company are customers of the Company. Loan transactions with directors, officers and employees are made on the same terms as those prevailing at the time for comparable loans to other persons. A summary of related party loan activity during 2024 and 2023 follows.(dollars in thousands)20242023Balance, beginning of year$12,143 $10,717 New loans498 2,361 Change in related parties, net448 — Repayments, net(1,752)(935)Balance, end of year$11,337 $12,143 

85

None of the related party loans were identified as impaired or exceeded 5% of shareholders’ equity for the years ended 2024 or 2023.Related party deposits totaled $8,527,000 and $6,080,000 as of December 31, 2024 and 2023, respectively.

22. Fair Value Measurements and Disclosures

The Company values its financial assets and liabilities measured at fair value in three levels as required by ASC 820, Fair Value Measurements and Disclosures. Under this guidance, fair value is based on the assumptions market participants would use when pricing the asset or liability and establishes a fair value hierarchy that prioritizes the inputs used to develop those assumptions and measure fair value. The hierarchy requires companies to maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:•Level 1 – Quoted prices in active markets for identical assets or liabilities.•Level 2 – Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.•Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. This includes certain pricing models, discounted cash flow methodologies, and similar techniques that use significant unobservable inputs.An asset’s or liability’s