----

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| UNITED      STATES                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| SECURITIES      AND EXCHANGE COMMISSION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| Washington,      DC  20549                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| FORM      10-Q                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| (Mark      One)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|  [      X ]                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| For      the quarterly period ended:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | December      31, 2009 |
| Or                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|  [         ]                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| For      the transition period from                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | to |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Commission File      No.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |  000-51117 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| HOME      FEDERAL BANCORP, INC. OF LOUISIANA                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (Exact      name of registrant as specified in its charter)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Federal                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | 86-1127166 |
| (State      or other jurisdiction of incorporation or organization)                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   | (IRS      Employer Identification No. |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| 624      Market Street, Shreveport, Louisiana                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | 71101 |
| (Address      of principal executive offices)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | (Zip      Code) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| (318)      222-1145                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| (Registrant’s      telephone number, including area code)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| (Former      name, former address and former fiscal year, if changed since last      report)                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Indicate      by check mark whether the registrant (1) has filed all reports required to      be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934      during the preceding 12 months (or for such shorter period that the      registrant was required to file such reports), and (2) has been subject to      such filing requirements for the past 90 days.    [      X  ] Yes    [    ]       No                                                        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Indicate      by check mark whether the registrant has submitted electronically and      posted on its corporate Web site, if any, every Interactive Data File      required to be submitted and posted pursuant to Rule 405 of Regulation S-T      (§232.405 of this chapter) during the preceding 12 months (or for such      shorter period that the registrant was required to submit and post such      files).   [         ]  Yes  [          ]   No |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Indicate      by check mark whether the registrant is a large accelerated filer, an      accelerated filer, a non-accelerated filer, or a smaller reporting      company.  See the definitions of “large accelerated filer,”      “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the      Exchange Act. (Check One):                                                                                                                                                        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Large      accelerated      filer           [          ]                                                                                                                                                                                                                                                                                                                                                           | Accelerated      filer                             [     ] |
| Non-accelerated      filer                  [     ]                                                                                                                                                                                                                                                                                                                                                                                                                  | Smaller      reporting company      [ X  ] |
| (Do      not check if a smaller reporting company)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Indicate      by check mark whether the registrant is a shell company (as defined in      Rule 12b-2 of the Exchange Act).                                               [    ]      Yes   [ X ]   No                                                        |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Shares      of common stock, par value $.01 per share, outstanding as of February 16,      2010: The registrant had 3,348,237 shares of common stock outstanding, of      which 2,135,375 shares were held by Home Federal Mutual Holding Company of      Louisiana, the registrant’s mutual holding company, and 1,212,862 shares were held      by the public and directors, officers and employees of the registrant, and      the registrant’s employee benefitplans.                                                      |

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|          |                                                                                                                   |     | Page |
|---------------|------------------------------------------------------------------------------------------------------------------------|----------|------|
| PART      I   | FINANCIAL      INFORMATION                                                                                             |
|          |
| Item      1:  | Financial      Statements      (Unaudited)                                                                             |
|          |
|          | Consolidated      Statements of Financial Condition                                                                    | 1        |
|          |                                                                                                                   |     |
|          | Consolidated      Statements of Income                                                                                 | 2        |
|          |                                                                                                                   |     |
|          | Consolidated      Statements of Comprehensive Income                                                                   | 3        |
|          |                                                                                                                   |     |
|          | Consolidated      Statements of Changes in Stockholders' Equity                                                        | 4        |
|          |                                                                                                                   |     |
|          | Consolidated      Statements of Cash Flows                                                                             | 5        |
|          |                                                                                                                   |     |
|          | Notes      to Consolidated Financial Statements                                                                        | 7        |
|          |                                                                                                                   |     |
| Item      2:  | Management’s      Discussion and Analysis of Financial Condition and   Results of      Operations |  19 |
|          |                                                                                                                   |     |
| Item      3:  | Quantitative      and Qualitative Disclosures About Market Risk                                                        | 23       |
|          |                                                                                                                   |     |
| Item      4:  | Controls      and Procedures                                                                                           | 23       |
|          |                                                                                                                   |     |
| Item      4T: | Controls      and Procedures                                                                                           | 23       |
|          |                                                                                                                   |     |
| PART      II  | OTHER      INFORMATION                                                                                                 |
|          |                                                                                                                   |
| Item      1:  | Legal      Proceedings                                                                                                 | 24       |
|          |                                                                                                                   |     |
| Item      1A: | Risk      Factors                                                                                                      | 24       |
|          |                                                                                                                   |     |
| Item      2:  | Unregistered      Sales of Equity Securities and Use of Proceeds                                                       | 24       |
|          |                                                                                                                   |     |
| Item      3:  | Defaults      Upon Senior Securities                                                                                   | 24       |
|          |                                                                                                                   |     |
| Item      4:  | Submission      of Matters to a Vote of Security Holders                                                               | 24       |
|          |                                                                                                                   |     |
| Item      5:  | Other      Information                                                                                                 | 25       |
|          |                                                                                                                   |     |
| Item      6:  | Exhibits                                                                                                               | 25       |
|          |
|          |
| SIGNATURES    |

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| HOME      FEDERAL BANCORP, INC. OF LOUISIANA                                                                                                                                                                                                                                         |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                                                                                                                                                                                                                                                                 |   |
| CONSOLIDATED      STATEMENTS OF FINANCIAL CONDITION                                                                                                                                                                                                                                  |   |
|                                                                                                                                                                                                                                                                                 |   |
|                                                                                                                                                                                                                                                                                 |   | December      31,2009 |   |   | June      30,2009 |   |
|                                                                                                                                                                                                                                                                                 |
| ASSETS                                                                                                                                                                                                                                                                               |   | (Unaudited)     (Audited) |   |
|                                                                                                                                                                                                                                                                                 |   |          (In Thousands) |   |
| Cash      and Cash Equivalents (Includes Interest-Bearing   Deposits      with Other Banks of $12,052 and $8,508 for   December      31, 2009 and June 30, 2009, Respectively)                                                                         |   | $ |  13,416 |   |   | $ | 10,007 |   |
| Securities      Available-for-Sale                                                                                                                                                                                                                                                   |   |   | 80,861 |   |   |   | 92,647 |   |
| Securities      Held-to-Maturity                                                                                                                                                                                                                                                     |   |   | 2,177 |   |   |   | 2,184 |   |
| Loans      Held-for-Sale                                                                                                                                                                                                                                                             |   |   | 1,540 |   |   |   | 1,277 |   |
| Loans      Receivable, Net                                                                                                                                                                                                                                                           |   |   | 70,417 |   |   |   | 46,948 |   |
| Accrued      Interest Receivable                                                                                                                                                                                                                                                     |   |   | 562 |   |   |   | 543 |   |
| Premises      and Equipment, Net                                                                                                                                                                                                                                                     |   |   | 2,878 |   |   |   | 982 |   |
| Other      Assets                                                                                                                                                                                                                                                                    |   |   | 391 |   |   |   | 178 |   |
|                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |
|          Total      Assets                                                                                                                                                                                                              |   |  $ | 172,242  |   |   | $  | 154,766  |   |
|                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |
| LIABILITIES      AND STOCKHOLDERS’ EQUITY                                                                                                                                                                                                                                      |   |
|                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |
| LIABILITIES                                                                                                                                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Deposits                                                                                                                                                                                                                                                                             |   |   | 95,794 |   |   |   |  86,146 |   |
| Advances      from Borrowers for Taxes and Insurance                                                                                                                                                                                                                                 |   |   | 65 |   |   |   | 137 |   |
| Advances      from Federal Home Loan Bank of Dallas                                                                                                                                                                                                                                  |   |   | 42,542 |   |   |   | 35,997 |   |
| Other      Accrued Expenses and Liabilities                                                                                                                                                                                                                                          |   |   | 1,039 |   |   |   | 1,082 |   |
| Deferred      Tax Liability                                                                                                                                                                                                                                                          |   |   | 456 |   |   |   | 94 |   |
|  Total Liabilities                                                                                                                                                                                                                                                              |   |   | 139,896 |   |   |   | 123,456 |   |
|                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |
| STOCKHOLDERS’      EQUITY                                                                                                                                                                                                                                                      |   |   |   |   |   |   |   |   |
| Preferred      Stock – No Par Value; 2,000,000      Shares   Authorized;      None Issued and Outstanding                                                                                                                                                  |   |   | -- |   |   |   | -- |   |
| Common      stock – 8,000,000 Shares of $.01 Par Value   Authorized;      3,558,958 Shares Issued; 3,348,237      Shares   and      3,373,464 Shares Outstanding at December 31, 2009 and   June      30, 2009, respectively |   |   |     14 |   |   |   |     14 |   |
| Additional      paid-in capital                                                                                                                                                                                                                                                      |   |   | 13,631 |   |   |   | 13,608 |   |
| Treasury      Stock, at Cost – 210,721 Shares and 185,494 Shares at   December      31, 2009 and at June 30, 2009, respectively                                                                                                                                 |   |   | (2,094 | ) |   |   | (1,887 | ) |
| Unearned      ESOP Stock                                                                                                                                                                                                                                                             |   |   | (854 | ) |   |   | (883 | ) |
| Unearned      RRP Trust Stock                                                                                                                                                                                                                                                        |   |   | (145 | ) |   |   | (269 | ) |
| Retained      Earnings                                                                                                                                                                                                                                                               |   |   | 20,642 |   |   |   | 20,288 |   |
| Accumulated      Other Comprehensive Income                                                                                                                                                                                                                                          |   |   | 1,152 |   |   |   | 439 |   |
|                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |
| Total Stockholders’      Equity                                                                                                                                                                                                                                                |   |   | 32,346 |   |   |   | 31,310 |   |
|                                                                                                                                                                                                                                                                                 |   |   |   |   |   |   |   |   |
| TOTAL      LIABILITIES AND STOCKHOLDERS’ EQUITY                                                                                                                                                                                                                                |   | $ | 172,242 |   |   | $ | 154,766 |   |

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| HOME      FEDERAL BANCORP, INC. OF LOUISIANA                 |   |
|--------------------------------------------------------------|--------|
|                                                         |   |
| CONSOLIDATED      STATEMENTS OF INCOME                       |   |
| (Unaudited)                                                  |   |
|                                                         |   |
|                                                         |   | Three      Months Ended December      31, |   | Six      Months Ended December      31, |   |
|                                                         |   | 2009 |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
|                                                         |   | (In      Thousands, Except Per Share Data) |   |
| INTEREST      INCOME                                         |   |   |   |
| Loans, Including      Fees                                   |   | $ | 1,189 |   |   | $ | 510 |   |   | $ | 2,228 |   |   | $ | 1,038 |   |
| Investment      Securities                                   |   |   | 17 |   |   |   | 31 |   |   |   | 36 |   |   |   | 71 |   |
| Mortgage-Backed      Securities                              |   |   | 1,027 |   |   |   | 1,326 |   |   |   | 2,157 |   |   |   | 2,592 |   |
| Other Interest-Earning      Assets                           |   |   | 2 |   |   |   | 4 |   |   |   | 4 |   |   |   | 20 |   |
| Total Interest    Income                                     |   |   | 2,235 |   |   |   | 1,871 |   |   |   | 4,425 |   |   |   | 3,721 |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| INTEREST      EXPENSE                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Deposits                                                     |   |   | 556 |   |   |   | 638 |   |   |   | 1,134 |   |   |   | 1,312 |   |
| Federal Home Loan Bank      Borrowings                       |   | ­­­­­­­­­­ 312 |   |   |   | 353 |   |   |   | 643 |   |   |   | 659 |   |
| Total Interest      Expense                                  |   |   | 868 |   |   |   | 991 |   |   |   | 1,777 |   |   |   | 1,971 |   |
| Net Interest    Income                                       |   |   | 1,367 |   |   |   | 880 |   |   |   | 2,648 |   |   |   | 1,750 |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| PROVISION      FOR LOAN LOSSES                               |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |
| Net Interest Income      afterProvision for Loan      Losses |   |   |  1,367 |   |   |   |  880 |   |   |   |  2,648 |   |   |   |  1,750 |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NON-INTEREST      INCOME                                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gain on Sale of      Loans                                   |   |   | 85 |   |   |   | -- |   |   |   | 129 |   |   |   | -- |   |
| Gain on Sale of      Investments                             |   |   | 186 |   |   |   | -- |   |   |   | 186 |   |   |   | 33 |   |
| Other Income                                                 |   |   | 14 |   |   |   | 10 |   |   |   | 24 |   |   |   | 20 |   |
| Total Non-Interest      Income                               |   |   | 285 |   |   |   | 10 |   |   |   | 339 |   |   |   | 53 |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NON-INTEREST      EXPENSE                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Merger and Stock Issuance      Costs                         |   |   | -- |   |   |   | 1 |   |   |   | -- |   |   |   | 133 |   |
| Compensation      and  Benefits                    |   |   | 817 |   |   |   | 409 |   |   |   | 1,429 |   |   |   | 806 |   |
| Occupancy and      Equipment                                 |   |   | 87 |   |   |   | 44 |   |   |   | 180 |   |   |   | 90 |   |
| Data Processing                                              |   |   | 22 |   |   |   | 16 |   |   |   | 46 |   |   |   | 36 |   |
| Audit and Professional      Fees                             |   |   | 117 |   |   |   | 75 |   |   |   | 177 |   |   |   | 110 |   |
| Franchise and Bank Shares      Tax                           |   |   | 37 |   |   |   | 37 |   |   |   | 75 |   |   |   | 75 |   |
| Other Expense                                                |   |   | 195 |   |   |   | 97 |   |   |   | 321 |   |   |   | 177 |   |
| Total Non-Interest      Expense                              |   |   | 1,275 |   |   |   | 679 |   |   |   | 2,228 |   |   |   | 1,427 |   |
| Income Before Income      Taxes                              |   |   | 377 |   |   |   | 211 |   |   |   | 759 |   |   |   | 376 |   |
|                                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| PROVISION      FOR INCOME TAX EXPENSE                        |   |   | 128 |   |   |   | 72 |   |   |   | 258 |   |   |   | 128 |   |
| Net Income                                                   |   | $ | 249 |   |   | $ | 139 |   |   | $ | 501 |   |   | $ | 248 |   |
| EARNINGS PER COMMON      SHARE:                              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                        |   | $ | 0 .08 |   |   | $ | 0.04 |   |   | $ | 0 .15 |   |   | $ | 0.08 |   |
| Diluted                                                      |   | $ | 0 .08 |   |   | $ | 0.04 |   |   | $ | 0 .15 |   |   | $ | 0.08 |   |
| DIVIDENDSDECLARED                                            |   | $ | 0 .06 |   |   | $ | 0.06 |   |   | $ | 0 .12 |   |   | $ | 0.12 |   |

----

| HOME      FEDERAL BANCORP, INC. OF LOUISIANA                      |   |
|-------------------------------------------------------------------|--------|
|                                                              |   |   |   |   |   |   |
| CONSOLIDATED      STATEMENTS OF COMPREHENSIVE INCOME              |   |
| For      the Six Months Ended December 31, 2009 and 2008          |   |
| (Unaudited)                                                       |   |
|                                                              |   | For      the Six Months EndedDecember      31, |   |
|                                                              |   | 2009 |   |   | 2008 |   |
|                                                              |   | (In      Thousands) |   |
|                                                              |   |   |   |   |   |   |
| Net      Income                                                   |   | $ | 501 |   |   | $ | 248 |   |
|                                                              |   |   |   |   |   |   |   |   |
| Other      Comprehensive Income, Net of Tax                       |   |   |   |   |   |   |   |   |
| Unrealized Holding Gains Arising      During the Period           |   |   | 1,067 |   |   |   | 5,898 |   |
| Reclassification Adjustment for      Gains Included in Net Income |   |   | (354 | ) |   |   | (160 | ) |
|                                                              |   |   |   |   |   |   |   |   |
| Total Other Comprehensive      Income                             |   |   | 713 |   |   |   | 5,738 |   |
|                                                              |   |   |   |   |   |   |   |   |
| Total Comprehensive      Income                                   |   | $ | 1,214 |   |   | $ | 5,986 |   |

----

|                                                                                                                                                                                    |   | Common      Stock |      |   | AdditionalPaid-inCapital |   |      | UnearnedESOPStock |   |   | Unearned      RRPTrustStock |   |   | RetainedEarnings |      |   | Treasury Stock |   |      | AccumulatedOtherComprehensive(Loss)      Income |   |   | TotalStockholders’Equity |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------|-----------|--------|--------------------------|--------|-----------|-------------------|--------|--------|-----------------------------|--------|--------|------------------|-----------|--------|---------------------|--------|-----------|-------------------------------------------------|--------|--------|--------------------------------|--------|
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   | (In      Thousands)    |   |   |             |      |   |                |   |      |                                            |   |
| BALANCE      – June 30, 2008                                                                                                                                                      |   | $                 | 14        |   |                     | $      | 13,567    |              |   | $      | (940                        | )      |   | $                | (395      | )      |                | $      | 20,071    |                                            |   | $      | (1,809                         | )      |   | $ | (2,634 | ) |   | $ | 27,874 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| Net      Income                                                                                                                                                                         |   |              | --        |   |                     |   | --        |              |   |   | --                          |   |   |             | --        |   |                |   | 248       |                                            |   |   | --                             |   |   |   | -- |   |   |   | 248 |   |
| Other      Comprehensive Income:                                                                                                                                                        |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
|    Changes      in Unrealized Gain      on      Securities Available-for-      Sale,      Net of Tax Effects |   |              |   -- |   |                     |   |   -- |              |   |   |   --                   |   |   |             |   -- |   |                |   |   -- |                                            |   |   |   --                      |   |   |   |   5,738 |   |   |   |   5,738 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| RRP      Shares Earned                                                                                                                                                                  |   |              | --        |   |                     |   | --        |              |   |   | --                          |   |   |             | 126       |   |                |   | --        |                                            |   |   | --                             |   |   |   | -- |   |   |   | 126 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| Stock      Options Vested                                                                                                                                                               |   |              | --        |   |                     |   | 29        |              |   |   | --                          |   |   |             | --        |   |                |   | --        |                                            |   |   | --                             |   |   |   | -- |   |   |   | 29 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| ESOP      Compensation Earned                                                                                                                                                           |   |              | --        |   |                     |   | (7        | )                 |   |   | 29                          |   |   |             | --        |   |                |   | --        |                                            |   |   | --                             |   |   |   | -- |   |   |   | 22 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| Dividends      Declared                                                                                                                                                                 |   |              | --        |   |                     |   | --        |              |   |   | --                          |   |   |             | --        |   |                |   | (149      | )                                               |   |   | --                             |   |   |   | -- |   |   |   | (149 | ) |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| Acquisition      of Treasury Stock                                                                                                                                                      |   |              | --        |   |                     |   | --        |              |   |   | --                          |   |   |             | --        |   |                |   | --        |                                            |   |   | (49                            | )      |   |   | -- |   |   |   | (49 | ) |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| BALANCE      – December 31, 2008                                                                                                                                                  |   | $                 | 14        |   |                     | $      | 13,589    |              |   | $      | (911                        | )      |   | $                | (269      | )      |                | $      | 20,170    |                                            |   | $      | (1,858                         | )      |   | $ | 3,104 |   |   | $ | 33,839 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| BALANCE      – June 30, 2009                                                                                                                                                      |   | $                 | 14        |   |                     | $      | 13,608    |              |   | $      | (883                        | )      |   | $                | (269      | )      |                | $      | 20,288    |                                            |   | $      | (1,887                         | )      |   | $ | 439 |   |   | $ | 31,310 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| Net      Income                                                                                                                                                                         |   |              | --        |   |                     |   | --        |              |   |   | --                          |   |   |             | --        |   |                |   | 501       |                                            |   |   | --                             |   |   |   | -- |   |   |   | 501 |   |
| Other      Comprehensive Income:                                                                                                                                                        |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
|    Changes      in Unrealized Gain      on      Securities Available-for-      Sale,      Net of Tax Effects |   |              |   -- |   |                     |   |   -- |              |   |   |   --                   |   |   |             |   -- |   |                |   |   -- |                                            |   |   |   --                      |   |   |   |   713 |   |   |   |   713 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| RRP      Shares Earned                                                                                                                                                                  |   |              | --        |   |                     |   | --        |              |   |   | --                          |   |   |             | 124       |   |                |   | --        |                                            |   |   | --                             |   |   |   | -- |   |   |   | 124 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| Stock      Options Vested                                                                                                                                                               |   |              | --        |   |                     |   | 28        |              |   |   | --                          |   |   |             | --        |   |                |   | --        |                                            |   |   | --                             |   |   |   | -- |   |   |   | 28 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| ESOP      Compensation Earned                                                                                                                                                           |   |              | --        |   |                     |   | (5        | )                 |   |   | 29                          |   |   |             | --        |   |                |   | --        |                                            |   |   | --                             |   |   |   | -- |   |   |   | 24 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| Dividends      Declared                                                                                                                                                                 |   |              | --        |   |                     |   | --        |              |   |   | --                          |   |   |             | --        |   |                |   | (147      | )                                               |   |   | --                             |   |   |   | -- |   |   |   | (147 | ) |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |
| Acquisition      of Treasury Stock                                                                                                                                                      |   |              | --        |   |                     |   | --        |              |   |   | --                          |   |   |             | --        |   |                |   | --        |                                            |   |   | (207                           | )      |   |   | -- |   |   |   | (207 | ) |
| BALANCE      – December 31, 2009                                                                                                                                                  |   | $                 | 14        |   |                     | $      | 13,631    |              |   | $      | (854                        | )      |   | $                | (145      | )      |                | $      | 20,642    |                                            |   | $      | (2,094                         | )      |   | $ | 1,152 |   |   | $ | 32,346 |   |
|                                                                                                                                                                                    |   |              |      |   |                     |   |      |              |   |   |                        |   |   |             |      |   |                |   |      |                                            |   |   |                           |   |   |   |   |   |   |   |   |   |

----

| HOME      FEDERAL BANCORP, INC. OF LOUISIANA                       |   |
|--------------------------------------------------------------------|--------|
|                                                               |   |
| CONSOLIDATED      STATEMENTS OF CASH FLOWS                         |   |
| (Unaudited)                                                        |   |
|                                                               |   |
|                                                               |   | Six      Months Ended |   |
|                                                               |   | December      31, |   |
|                                                               |   | 2009 |   |   | 2008 |   |
|                                                               |   | (In      Thousands) |   |
| CASH      FLOWS FROM OPERATING ACTIVITIES                          |   |   |   |   |   |   |
| Net      Income                                                    |   | $ | 501 |   |   | $ | 248 |   |
| Adjustments      to Reconcile Net Income to Net Cash               |   |   |   |   |   |   |   |   |
| (Used      in) Provided by Operating Activities                    |   |   |   |   |   |   |   |   |
| Net      Amortization and Accretion on Securities                  |   |   | (168 | ) |   |   | (127 | ) |
| Gain      on Sale of Securities                                    |   |   | (186 | ) |   |   | (33 | ) |
| Amortization      of Deferred Loan Fees                            |   |   | (103 | ) |   |   | (4 | ) |
| Depreciation      of Premises and Equipment                        |   |   | 48 |   |   |   | 26 |   |
| ESOP      Expense                                                  |   |   | 23 |   |   |   | 22 |   |
| Stock      Option Expense                                          |   |   | 29 |   |   |   | 29 |   |
| Recognition      and Retention Plan Expense                        |   |   | 63 |   |   |   | 63 |   |
| Deferred      Income Tax Benefit                                   |   |   | (5 | ) |   |   | (7 | ) |
| Gain      on Sale of Loans                                         |   |   | (129 | ) |   |   | -- |   |
| Changes      in Assets and Liabilities:                            |   |   |   |   |   |   |   |   |
| Loans      Held-for-Sale – Originations and Purchases        |   |   | (21,364 | ) |   |   | (6,963 | ) |
| Loans      Held-for-Sale – Sale and Principal Repayments     |   |   | 21,230 |   |   |   | 7,030 |   |
| Accrued      Interest Receivable                                   |   |   | (20 | ) |   |   | (51 | ) |
| Other      Operating Assets                                        |   |   | (226 | ) |   |   | 27 |   |
| Other      Operating Liabilities                                   |   |   | 18 |   |   |   | 90 |   |
|                                                               |   |   |   |   |   |   |   |   |
| Net      Cash (Used in) Provided by Operating Activities           |   |   | (289 | ) |   |   | 350 |   |
|                                                               |   |   |   |   |   |   |   |   |
| CASH      FLOWS FROM INVESTING ACTIVITIES                          |   |   |   |   |   |   |   |   |
| Loan      Originations and Purchases, Net of Principal Collections |   |   | (23,474 | ) |   |   | 70 |   |
| Deferred      Loan Fees Collected                                  |   |   | 121 |   |   |   | 6 |   |
| Acquisition      of Premises and Equipment                         |   |   | (1,945 | ) |   |   | (6 | ) |
| Activity      in Available-for-Sale Securities:                    |   |   |   |   |   |   |   |   |
| Proceeds      from Sales of Securities                             |   |   | 4,663 |   |   |   | 2,035 |   |
| Principal      Payments on Mortgage-backed Securities              |   |   | 8,558 |   |   |   | 4,626 |   |
| Purchases      of Securities                                       |   |   | -- |   |   |   | (21,648 | ) |
| Activity      in Held-to-Maturity Securities:                      |   |   |   |   |   |   |   |   |
| Principal      Payments on Mortgage-Backed Securities              |   |   | 39 |   |   |   | 64 |   |
| Purchases      of Securities                                       |   |   | (31 | ) |   |   | (561 | ) |
| Proceeds      from Disposition of Foreclosed Real Estate           |   |   | -- |   |   |   | 42 |   |
| Net      Cash Used in Investing Activities                         |   | $ | (12,069 | ) |   | $ | (15,372 | ) |

----

| HOME      FEDERAL BANCORP, INC. OF LOUISIANA              |   |
|-----------------------------------------------------------|--------|
|                                                      |   |
| CONSOLIDATED      STATEMENTS OF CASH FLOWS (Continued)    |   |
| (Unaudited)                                               |   |
|                                                      |   |
|                                                      |   | Six      Months Ended |   |
|                                                      |   | December      31, |   |
|                                                      |   | 2009 |   |   | 2008 |   |
|                                                      |   | (In      Thousands) |   |
| CASH      FLOWS FROM FINANCING ACTIVITIES                 |   |   |   |
| Net      Increase in Deposits                             |   |   | 9,648 |   |   |   | 332 |   |
| Proceeds      from Federal Home Loan Bank Advances        |   |   | 15,500 |   |   |   | 25,200 |   |
| Repayments      of Advances from Federal Home Loan Bank   |   |   | (8,955 | ) |   |   | (11,249 | ) |
| Net      Decrease in Mortgage-Escrow Funds                |   |   | (72 | ) |   |   | (117 | ) |
| Dividends      Paid                                       |   |   | (147 | ) |   |   | (149 | ) |
| Acquisition      of Treasury Stock                        |   |   | (207 | ) |   |   | (49 | ) |
| Stock      Purchase Deposit Received                      |   |   | -- |   |   |   | (8,131 | ) |
| Stock      Purchase Deposit Refunded                      |   |   | -- |   |   |   | 4,556 |   |
| Net      Cash Provided by Financing Activities            |   |   | 15,767 |   |   |   | 10,393 |   |
|                                                      |   |   |   |   |   |   |   |   |
| NET      INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |   |   | 3,409 |   |   |   | (4,629 | ) |
|                                                      |   |   |   |   |   |   |   |   |
| CASH      AND CASH EQUIVALENTS – BEGINNING          |   |   |   |   |   |   |   |   |
| OF      PERIOD                                            |   |   | 10,007 |   |   |   | 7,363 |   |
|                                                      |   |   |   |   |   |   |   |   |
| CASH      AND CASH EQUIVALENTS - END OF PERIOD            |   | $ | 13,416 |   |   | $ | 2,734 |   |
|                                                      |   |   |   |   |   |   |   |   |
| SUPPLEMENTARY      CASH FLOW INFORMATION                  |   |   |   |   |   |   |   |   |
| Interest      Paid on Deposits and Borrowed Funds         |   | $ | 1,817 |   |   | $ | 1,969 |   |
| Income      Taxes Paid                                    |   |   | 177 |   |   |   | -- |   |
| Market      Value Adjustment for Gain on Securities       |   |   |   |   |   |   |   |   |
| Available-for-Sale                                        |   |   | 1,081 |   |   |   | 8,694 |   |
|                                                      |   |   |   |   |   |   |   |   |

----

|  Use      of Estimates |   |
|-----------------------------|--------|

----

|  Cash and Cash      Equivalents |   |
|--------------------------------------|--------|

|  Securities |   |
|------------------|--------|

|  Loans      Held For Sale |   |
|--------------------------------|--------|

| Loans |   |
|-------|--------|

----

| Allowance      for Loan Losses |   |
|--------------------------------|--------|

|  Off-Balance      Sheet Credit Related Financial Instruments |   |
|-------------------------------------------------------------------|--------|

----

|        Comprehensive      Income |   |
|---------------------------------------|--------|

| Note      2. | Securities |
|--------------|------------|

|                                        |   | December      31, 2009 |   |
|---------------------------------------------|--------|------------------------|--------|
|                                        |   |                   |   |   | Gross |   |   | Gross |   |   |   |   |
|                                        |   | Amortized              |   |   | Unrealized |   |   | Unrealized |   |   | Fair |   |
|                                        |   | Cost                   |   |   | Gains |   |   | Losses |   |   | Value |   |
| Securities      Available-for-Sale:         |   | (In      Thousands)    |   |
| Debt      Securities                        |   |                   |   |   |   |   |   |   |   |   |   |   |
| FHLMC      Mortgage-Backed Certificates     |   | $                      | 10,791 |   |   | $ | 401 |   |   | $ | 2 |   |   | $ | 11,190 |   |
| FNMA      Mortgage-Backed Certificates      |   |                   | 65,779 |   |   |   | 1,979 |   |   |   | 2 |   |   |   | 67,756 |   |
| GNMA      Mortgage-Backed Certificates      |   |                   | 130    |   |   |   | 1 |   |   |   | 1 |   |   |   | 130 |   |
|                                        |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      Debt Securities                  |   |                   | 76,700 |   |   |   | 2,381 |   |   |   | 5 |   |   |   | 79,076 |   |
|                                        |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Equity      Securities                      |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 244,550      Shares, AMF ARM Fund           |   |                   | 2,415  |   |   |   | -- |   |   |   | 630 |   |   |   | 1,785 |   |
|                                        |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      Securities Available-for-Sale    |   | $                      | 79,115 |   |   | $ | 2,381 |   |   | $ | 635 |   |   | $ | 80,861 |   |
|                                        |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Securities      Held-to-Maturity:           |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Debt      Securities                        |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| GNMA      Mortgage-Backed Certificates      |   | $                      | 228    |   |   | $ | 11 |   |   |   | -- |   |   | $ | 239 |   |
| FNMA      Mortgage-Backed Certificates      |   |                   | 82     |   |   |   | 2 |   |   |   | -- |   |   |   | 84 |   |
| FHLMC      Mortgage-Backed Certificates     |   |                   | 29     |   |   |   | -- |   |   |   | -- |   |   |   | 29 |   |
|                                        |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      Debt Securities                  |   |                   | 339    |   |   |   | 13 |   |   |   | -- |   |   |   | 352 |   |
|                                        |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Equity      Securities (Non-Marketable)     |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 18,378      Shares - Federal Home Loan Bank |   |                   | 1,838  |   |   |   | -- |   |   |   | -- |   |   |   | 1,838 |   |
|                                        |   |                   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      Securities Held-to-Maturity      |   | $                      | 2,177  |   |   | $ | 13 |   |   |   | -- |   |   | $ | 2,190 |   |

----

| Note      2. | Securities      (continued) |
|--------------|-----------------------------|

|                                        |   | June      30, 2009  |   |
|---------------------------------------------|--------|---------------------|--------|
|                                        |   |                |   |   | Gross |   |   | Gross |   |   |   |   |
|                                        |   | Amortized           |   |   | Unrealized |   |   | Unrealized |   |   | Fair |   |
|                                        |   | Cost                |   |   | Gains |   |   | Losses |   |   | Value |   |
| Securities      Available-for-Sale:         |   | (In      Thousands) |   |
|                                        |   |                |   |   |   |   |   |   |   |   |   |   |
| Debt      Securities                        |   |                |   |   |   |   |   |   |   |   |   |   |
| FHLMC      Mortgage-Backed Certificates     |   | $                   | 14,237 |   |   | $ | 333 |   |   | $ | 10 |   |   | $ | 14,560 |   |
| FNMA      Mortgage-Backed Certificates      |   |                | 75,194 |   |   |   | 1,197 |   |   |   | 166 |   |   |   | 76,225 |   |
| GNMA      Mortgage-Backed Certificates      |   |                | 136    |   |   |   | 1 |   |   |   | 2 |   |   |   | 135 |   |
|                                        |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      Debt Securities                  |   |                | 89,567 |   |   |   | 1,531 |   |   |   | 178 |   |   |   | 90,920 |   |
|                                        |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Equity      Securities                      |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 244,550      Shares, AMF ARM Fund           |   |                | 2,415  |   |   |   | -- |   |   |   | 688 |   |   |   | 1,727 |   |
|                                        |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      Securities Available-for-Sale    |   | $                   | 91,982 |   |   | $ | 1,531 |   |   | $ | 866 |   |   | $ | 92,647 |   |
|                                        |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Securities      Held-to-Maturity:           |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                        |   |                |   |   |   |   |   |   |   |   |   |
| Debt      Securities                        |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| GNMA      Mortgage-Backed Certificates      |   | $                   | 260    |   |   | $ | 10 |   |   |   | -- |   |   | $ | 270 |   |
| FNMA      Mortgage-Backed Certificates      |   |                | 88     |   |   |   | 1 |   |   |   | -- |   |   |   | 89 |   |
| FHLMC      Mortgage-Backed Certificates     |   |                | 30     |   |   |   | -- |   |   |   | -- |   |   |   | 30 |   |
|                                        |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      Debt Securities                  |   |                | 378    |   |   |   | 11 |   |   |   | -- |   |   |   | 389 |   |
|                                        |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Equity      Securities (Non-Marketable)     |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| 18,064      Shares - Federal Home Loan Bank |   |                | 1,806  |   |   |   | -- |   |   |   | -- |   |   |   | 1,806 |   |
|                                        |   |                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Total      Securities Held-to-Maturity      |   | $                   | 2,184  |   |   | $ | 11 |   |   | $ | -- |   |   | $ | 2,195 |   |

----

| Note      2. | Securities      (continued) |
|--------------|-----------------------------|

|                              |    | Available-for-Sale                           |   | Held-to-Maturity                                  |
|-----------------------------------|---------|----------------------------------------------|--------|---------------------------------------------------|
|                              |    | Amortized                                    |   | Fair                                              |   | Amortized |   | Fair |
|                              |    | Cost                                         |   | Value                                             |   | Cost |   | Value |
|                              |    |                                         |   | (In      Thousands)                               |   |   |
| Within      One Year or Less      |  $ |        -- |   |  $        |        -- |   |  $ |         -- |   |  $ |           -- |
| One      through Five Years       |    | --                                           |   |                                              |        -- |   |   | 26 |   |   |          26 |
| After      Five through Ten Years |    | 687                                          |   |                                              |        695 |   |   | 128 |   |   |        131 |
| Over      Ten Years               |    | 76,013                                       |   |                                              | 78,381 |   |   | 185 |   |   |         195 |
|                              |    |                                         |   |                                              |   |   |   |   |
|                              | Total   | $                                            | 76,700 |                                              |  $ |    79,076 |   |  $ |       339 |   |  $ |     352 |

|                                                                   |   | December      31, 2009       |   |
|------------------------------------------------------------------------|--------|------------------------------|--------|
|                                                                   |   | Less      Than Twelve Months |   |   | Over      Twelve Months |   |
|                                                                   |   | Gross                        |   |   |   |   |   | Gross |   |   |   |   |
|                                                                   |   | Unrealized                   |   |   | Fair |   |   | Unrealized |   |   | Fair |   |
|                                                                   |   | Losses                       |   |   | Value |   |   | Losses |   |   | Value |   |
| Securities      Available-for-Sale:                                    |   |                         |   |   | (In      Thousands) |   |   |   |
| Debt      Securities                                                   |   |                         |   |   |   |   |   |   |   |   |   |   |
| Mortgage-Backed      Securities                                        |   | $                            | 1      |   |   | $ | 137 |   |   | $ | 4 |   |   | $ | 1,640 |   |
| Marketable      Equity Securities                                      |   |                         | --     |   |   |   | -- |   |   |   | 630 |   |   |   | 1,785 |   |
|                                                                   |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Total      Securities Available-for-Sale |   | $                            | 1      |   |   | $ | 137 |   |   | $ | 634 |   |   | $ | 3,425 |   |

----

|                                                                   |   | June      30, 2009           |   |
|------------------------------------------------------------------------|--------|------------------------------|--------|
|                                                                   |   | Less      Than Twelve Months |   |   | Over      Twelve Months |   |
|                                                                   |   | GrossUnrealizedLosses        |   |   | FairValue |   |   | GrossUnrealizedLosses |   |   | FairValue |   |
|                                                                   |
|                                                                   |
| Securities      Available-for-Sale:                                    |   |                         |   |   | (In      Thousands) |   |   |   |
| Debt      Securities                                                   |   |                         |   |   |   |   |   |   |   |   |   |   |
| Mortgage-Backed      Securities                                        |   | $                            | 10     |   |   | $ | 864 |   |   | $ | 168 |   |   | $ | 23,801 |   |
| Marketable      Equity Securities                                      |   |                         | --     |   |   |   | -- |   |   |   | 688 |   |   |   | 1,727 |   |
|                                                                   |   |                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Total      Securities Available-for-Sale |   | $                            | 10     |   |   | $ | 864 |   |   | $ | 856 |   |   | $ | 25,528 |   |

|                                                                                         |   | Three      Months Ended December      31, 2009 |      |   | Three      Months Ended December      31, 2008 |   |
|----------------------------------------------------------------------------------------------|--------|------------------------------------------------|-----------|--------|------------------------------------------------|--------|
|                                                                                         |   | Basic                                          |      |   | Diluted                                        |   |   | Basic |   |   | Diluted |   |
|                                                                                         |   |                                           |      |   |                                           |   |   |   |   |   |   |   |
| Net      income                                                                              |   | $                                              | 249,500   |   |                                           | $      | 249,500 |   |   | $ | 139,181 |   |   | $ | 139,181 |   |
| Weighted      average shares outstanding                                                     |   |                                           | 3,243,737 |   |                                           |   | 3,243,737 |   |   |   | 3,258,275 |   |   |   | 3,258,275 |   |
| Effect      of unvested common stock awards                                                  |   |                                           | --        |   |                                           |   | -- |   |   |   | -- |   |   |   | -- |   |
| Adjusted      weighted average shares used in  earnings      per share computation |   |                                           | 3,243,737 |   |                                           |   | 3,243,737 |   |   |   | 3,258,275 |   |   |   | 3,258,275 |   |
| Earnings      per share                                                                      |   | $                                              | 0.08      |   |                                           | $      | 0.08 |   |   | $ | 0.04 |   |   | $ | 0.04 |   |

----

|                                                                                         |   | Six      Months Ended December      31, 2009 |      |   | Six      Months EndedDecember      31, 2008 |   |
|----------------------------------------------------------------------------------------------|--------|----------------------------------------------|-----------|--------|---------------------------------------------|--------|
|                                                                                         |   | Basic                                        |      |   | Diluted                                     |   |   | Basic |   |   | Diluted |   |
|                                                                                         |   |                                         |      |   |                                        |   |   |   |   |   |   |   |
| Net      income                                                                              |   | $                                            | 501,250   |   |                                        | $      | 501,250 |   |   | $ | 247,778 |   |   | $ | 247,778 |   |
| Weighted      average shares outstanding                                                     |   |                                         | 3,250,893 |   |                                        |   | 3,250,893 |   |   |   | 3,256,074 |   |   |   | 3,256,074 |   |
| Effect      of unvested common stock awards                                                  |   |                                         | --        |   |                                        |   | -- |   |   |   | -- |   |   |   | -- |   |
| Adjusted      weighted average shares used in  earnings      per share computation |   |                                         | 3,250,893 |   |                                        |   | 3,250,893 |   |   |   | 3,256,074 |   |   |   | 3,256,074 |   |
|  Earnings      per share                                                                |   | $                                            | 0.15      |   |                                        | $      | 0.15 |   |   | $ | 0.08 |   |   | $ | 0.08 |   |

----

| Cash      and Cash Equivalents |   |
|--------------------------------|--------|

| The      carrying amount approximates the fair value of cash and cash      equivalents. |   |
|-----------------------------------------------------------------------------------------|--------|

| Securities      to be Held-to-Maturity and Available-for-Sale |   |
|---------------------------------------------------------------|--------|

----

| 6. | Fair      Value Accounting (continued) |
|----|----------------------------------------|

|                                   |   | December      31, 2009 |   |   | June      30, 2009       |   |
|----------------------------------------|--------|------------------------|--------|--------|--------------------------|--------|
|                                   |   | CarryingValue          |   |   | EstimatedFair      Value |   |   | CarryingValue |   |   | EstimatedFair      Value |   |
|                                   |   | (In      Thousands)    |   |   | (In      Thousands)      |   |
| Financial      Assets                  |   |                   |   |   |                     |   |   |   |   |   |   |   |
| Cash and Cash      Equivalents         |   | $                      | 13,416 |   |                     | $      | 13,416 |   |   | $ | 10,007 |   |   | $ | 10,007 |   |
| Securities      Available-for-Sale     |   |                   | 80,861 |   |                     |   | 80,861 |   |   |   | 92,647 |   |   |   | 92,647 |   |
| Securities to be      Held-to-Maturity |   |                   | 2,177  |   |                     |   | 2,190 |   |   |   | 2,184 |   |   |   | 2,195 |   |
| Loans      Held-for-Sale               |   |                   | 1,540  |   |                     |   | 1,540 |   |   |   | 1,277 |   |   |   | 1,277 |   |
| Loans    Receivable                    |   |                   | 70,417 |   |                     |   | 73,980 |   |   |   | 46,948 |   |   |   | 50,461 |   |
| Accrued Interest      Receivable       |   |                   | 562    |   |                     |   | 562 |   |   |   | 543 |   |   |   | 543 |   |
|                                   |   |                   |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Financial      Liabilities             |   |                   |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Deposits                               |   |                   | 95,794 |   |                     |   | 98,208 |   |   |   | 86,146 |   |   |   | 88,314 |   |
| Accrued Interest      Payable          |   |                   | 118    |   |                     |   | 118 |   |   |   | 157 |   |   |   | 157 |   |
| Advances from      Borrowers           |   |                   | 65     |   |                     |   | 65 |   |   |   | 137 |   |   |   | 137 |   |
| Advances from    FHLB                  |   |                   | 42,542 |   |                     |   | 44,078 |   |   |   | 35,997 |   |   |   | 37,088 |   |
|                                   |   |                   |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Off-Balance      Sheet Liabilities     |   |                   |   |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Mortgage Loan      Commitments         |   |                   | --     |   |                     |   | 111 |   |   |   | -- |   |   |   | 69 |   |

| §   | Defines      fair value as the price that would be received to sell an asset or paid to      transfer a liability, in either case, through an orderly transaction      between market participants at a measurement date and establishes a      framework for measuring fair value; |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Establishes      a three-level hierarchy for fair value measurements based upon the      transparency of inputs to the valuation of an asset or liability as of the      measurement date; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Nullifies      the guidance in EITF 02-3, which required the deferral of profit at      inception of a transaction involving a derivative financial instrument in      the absence of observable data supporting the valuation      technique; |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Eliminates      large position discounts for financial instruments quoted in active      markets and requires consideration of the company’s creditworthiness when      valuing liabilities; and |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| §   | Expands      disclosures about instrument that are measured at fair    value. |
|--------------------|-------------------------------------------------------------------------------|

----

|        §   | Level      1 – Fair value is based upon quoted prices (unadjusted) for identical      assets or liabilities in active markets in which the Company can      participate. |
|--------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|        §   | Level      2 – Fair value is based upon (a) quoted prices for similar assets or      liabilities in active markets; (b) quoted prices for identical or similar      assets or liabilities in markets that are not active, that is, markets in      which there are few transactions for the asset or liability, the prices      are not current, or price quotations vary substantially either over time      or among market makers, or in which little information is released      publicly; (c) inputs other than quoted prices that are observable for the      asset or liability or (d) inputs that are derived principally from or      corroborated by observable market data by correlation or other      means. |
|--------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|        §   | Level      3 – Fair value is based upon inputs that are      unobservable for the asset or liability.  These inputs reflect      the Company’s own assumptions about the assumptions that market      participants would use in pricing the asset or liability (including      assumptions about risk).  These inputs are developed based on      the best information available in the circumstances, which include the      Company’s own data. The Company’s own data used to develop unobservable      inputs are adjusted if information indicates that market participants      would use different assumptions. |
|--------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                 |   | Fair      Value Measurements Using:                                             |        |   |                                                       |   |
|----------------------|--------|---------------------------------------------------------------------------------|-------------|--------|------------------------------------------------------------|--------|
|                 |   | Quoted      Prices inActive      Markets forIdentical      Assets(Level      1) |        |   | Significant      OtherObservable      Inputs(Level      2) |   |   | Total |   |
| Available-for-Sale   |   |                                                                            |        |   |  (In Thousands)                                       |   |   |   |   |
| DebtSecurities       |   | $                                                                               |  --    |   |                                                       | $      | 79,076 |   |   | $ | 79,076 |   |
| Equity    Securities |   | 1,785                                                                           |        |   |                                                       | --     |   |   | 1,785 |   |
|                 |   |                                                                            |        |   |                                                       |   |   |   |   |   |   |   |
| Total                |   | $                                                                               |  1,785 |   |                                                       | $      | 79,076 |   |   | $ | 80,861 |   |

|                 |   | Fair      Value Measurements Using:                                             |        |   |                                                       |   |
|----------------------|--------|---------------------------------------------------------------------------------|-------------|--------|------------------------------------------------------------|--------|
|                 |   | Quoted      Prices inActive      Markets forIdentical      Assets(Level      1) |        |   | Significant      OtherObservable      Inputs(Level      2) |   |   | Total |   |
| Available-for-Sale   |   |                                                                            |        |   |  (In Thousands)                                       |   |   |   |   |
| DebtSecurities       |   | $                                                                               |  --    |   |                                                       | $      | 90,920 |   |   | $ | 90,920 |   |
| Equity    Securities |   | 1,727                                                                           |        |   |                                                       | --     |   |   | 1,727 |   |
|                 |   |                                                                            |        |   |                                                       |   |   |   |   |   |   |   |
| Total                |   | $                                                                               |  1,727 |   |                                                       | $      | 90,920 |   |   | $ | 92,647 |   |

----

----

| ITEM      2. | MANAGEMENT’S      DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF      OPERATIONS |
|--------------|-------------------------------------------------------------------------------------------------------|

----

|   | MANAGEMENT’S      DISCUSSION AND ANALYSIS OFFINANCIAL |
|--------|-------------------------------------------------------------|

|   | CONDITION      AND RESULTS OF OPERATIONS(Continued) |
|--------|-----------------------------------------------------|

----

|   | MANAGEMENT’S      DISCUSSION AND ANALYSIS OFFINANCIAL |
|--------|-------------------------------------------------------------|

|   | CONDITION      AND RESULTS OF OPERATIONS(Continued) |
|--------|-----------------------------------------------------|

----

|   | MANAGEMENT’S      DISCUSSION AND ANALYSIS OFFINANCIAL |
|--------|-------------------------------------------------------------|

|   | CONDITION      AND RESULTS OF OPERATIONS(Continued) |
|--------|-----------------------------------------------------|

----

|   | MANAGEMENT’S      DISCUSSION AND ANALYSIS OFFINANCIAL |
|--------|-------------------------------------------------------------|

|   | CONDITION      AND RESULTS OF OPERATIONS(Continued) |
|--------|-----------------------------------------------------|

----

| Period                                                   |   | Total      Number of SharesPurchased |   |   | Average      PricePaid      perShare |   |   | Total      Number of Shares Purchased as Part ofPubliclyAnnounced      Plans orPrograms |   |   | Maximum      Number of Shares that May Yet Be Purchased Under the Plans orPrograms |   |
|----------------------------------------------------------|--------|--------------------------------------|--------|--------|--------------------------------------|--------|--------|-----------------------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------------------|--------|
| Month      #1 October 1, 2009 – October 31, 2009   |   |                                 | --     |   |                                 | $      | --     |                                                                                    |   |   | --                                                                                 |   |   |   | 95,130 |   |
| Month      #2 November 1, 2009 – November 30, 2009 |   |                                 | 1,493  |   |                                 |   | 8.32   |                                                                                    |   |   | 1,493                                                                              |   |   |   | 93,637 |   |
| Month      #3 December 1, 2009 – December 31, 2009 |   |                                 | --     |   |                                 |   | --     |                                                                                    |   |   | --                                                                                 |   |   |   | 93,637 |   |
| Total                                                    |   |                                 | 1,493  |   |                                 | $      | 8.32   |                                                                                    |   |   | 1,493                                                                              |   |   |   | 93,637 |   |

| (a) | On      August 26, 2008, the Company issued a press release announcing that the      Board of Directors authorized a stock repurchase program (the "program")      on August 13, 2008. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b) | The      Company was authorized to repurchase 10% or 125,000 of the outstanding      shares other than shares held by Home Federal Mutual Holding      Company. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | No.  |   | Description                                                                  |
|--------|------|--------|------------------------------------------------------------------------------|
|   | 31.1 |   | Rule      13a-14(a)/15d-14(a) Certification of Chief Executive Officer  |
|   | 31.2 |   | Rule      13a-14(a)/15d-14(a) Certification of Chief Financial Officer  |
|   | 32.0 |   | Certification      Pursuant to 18 U.S.C Section1350                          |

----

|   |                   | HOME      FEDERAL BANCORP, INC. OF LOUISIANA |
|--------|------------------------|----------------------------------------------|
|   |                   |                                         |   |
|   |                   |                                         |   |
| Date:  | February      16, 2010 | By:                                          | /s/      Daniel R. Herndon |
|   |                   |                                         | Daniel      R. Herndon |
|   |                   |                                         | President      and Chief Executive Officer |
|   |                   |                                         |   |
|   |                   |                                         |   |
| Date:  | February      16, 2010 | By:                                          | /s/      Clyde D. Patterson |
|   |                   |                                         | Clyde      D. Patterson |
|   |                   |                                         | Executive      Vice President and Chief Financial Officer |
|   |                   |                                         | (principal      financialofficer) |