----

----

| UNITED      STATESSECURITIES      AND EXCHANGE COMMISSION |
|-----------------------------------------------------------|
| Washington,      D.C.  20549                    |
|                                                      |
| FORM      10-QSB                                          |
|                                                      |
| (Mark      One)                                           |

| [X]    | QUARTERLY      REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES |
|--------|-------------------------------------------------------------------|
|   | EXCHANGE      ACT OF 1934                                         |
|   |                                                              |

| For      the quarterly period ended | December      31, 2007 |   |
|-------------------------------------|------------------------|--------|
|                                |
| OR                                  |
|                                |

| [   ] | TRANSITION      REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE  ACT |
|----------------------|-----------------------------------------------------------------------|

| For      the transition period from |   | to |   |   |
|-------------------------------------|--------|----|--------|--------|

|                                                                    |
|-------------------------------------------------------------------------|
| Commission      File Number:                                            | 000-51117 |   |
|                                                                    |
| HOME      FEDERAL BANCORP, INC. OF LOUISIANA                            |
| (Exact      name of small business issuer as specified in its  charter) |
|                                                                    |
| Federal                                                                 |   | 86-1127166 |
| (State      or other jurisdiction of                                    |   | (IRS      Employer Identification No.) |
| incorporation      or organization                                      |   |   |

| 624      Market Street, Shreveport, Louisiana 71101                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (Address      of principal executive offices)                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| (318)      222-1145                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| (Issuer’s      telephone number)                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| (Former      name, former address and former fiscal year, if changed since last      report)                                                                                                                                                                                                                                                                                                                                                                                           |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Check whether the issuer (1)      filed all reports required to be filed by Section 13 or 15(d) of the      Securities Exchange Act of 1934 during the past 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.   Yes    X     No                                                           |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Indicate by check mark whether      the registrant is a shell company (as defined in Rule 12b-2 of the      Exchange Act)   Yes    No   X                                                                                                                                                                                                                                                                                       |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Shares of common stock, par value      $.01 per share, outstanding as of February 13, 2008: The registrant had      3,383,287 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 1,247,912 shares were held by the      public and directors, officers and employees of the registrant, and the      registrant’s employee benefit plans. |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Transitional Small Business      Disclosure Format:   Yes    No   X                                                                                                                                                                                                                                                                                                                                                                       |

----

|         |   |                                                                 | Page   |
|--------------|--------|----------------------------------------------------------------------|--------|
|         |   |                                                                 |   |
| PART      I  | -      | FINANCIAL      INFORMATION                                           |   |
|         |   |                                                                 |   |
| Item      1: |   | Financial      Statements                                            |   |
|         |   |                                                                 |   |
|         |   | Consolidated      Statements of Financial Condition                  | 1      |
|         |   |                                                                 |   |
|         |   | Consolidated      Statements of Income                               | 2      |
|         |   |                                                                 |   |
|         |   | Consolidated      Statements of Changes in Stockholders' Equity      | 3      |
|         |   |                                                                 |   |
|         |   | Consolidated      Statements of Cash Flows                           | 4      |
|         |   |                                                                 |   |
|         |   | Notes      to Consolidated Financial Statements                      | 6      |
|         |   |                                                                 |   |
| Item      2: |   | Management’s      Discussion and Analysis or Plan of Operation | 12     |
|         |   |                                                                 |   |
| Item      3: |   | Controls      and Procedures                                         | 17     |
|         |   |                                                                 |   |
| PART      II | -      | OTHER      INFORMATION                                               |   |
|         |   |                                                                 |   |
| Item      1: |   | Legal      Proceedings                                               | 18     |
|         |   |                                                                 |   |
| Item      2: |   | Unregistered      Sales of Equity Securities and Use of Proceeds     | 18     |
|         |   |                                                                 |   |
| Item      3: |   | Defaults      upon Senior Securities                                 | 18     |
|         |   |                                                                 |   |
| Item      4: |   | Submission      of Matters to a Vote of Security Holders             | 19     |
|         |   |                                                                 |   |
| Item      5: |   | Other      information                                               | 19     |
|         |   |                                                                 |   |
| Item      6: |   | Exhibits                                                             | 19     |
|         |   |                                                                 |   |
| SIGNATURES   |   |                                                                 |   |

----

| HOME      FEDERAL BANCORP, INC. OF LOUISIANA                                                                                                                                                                                                                                                           |                |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------|
|                                                                                                                                                                                                                                                                                                   |                |
| CONSOLIDATED      STATEMENTS OF FINANCIAL CONDITION                                                                                                                                                                                                                                                    |                |
|                                                                                                                                                                                                                                                                                                   |                |
|                                                                                                                                                                                                                                                                                                   |                |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                   |                | December      31, |   |   | June      30, |   |
|                                                                                                                                                                                                                                                                                                   |                | 2007 |   |   | 2007 |   |
|                                                                                                                                                                                                                                                                                                   |                | (Unaudited) |   |   | (Audited) |   |
| ASSETS                                                                                                                                                                                                                                                                                                 | (In      Thousands) |   |
|                                                                                                                                                                                                                                                                                                   |                |   |   |   |   |   |
| Cash      and Cash Equivalents                                                                                                                                                                                                                                                                         |                | $ | 14,958 |   |   | $ | 3,972 |   |
| Securities      Available-for-Sale                                                                                                                                                                                                                                                                     |                |   | 81,163 |   |   |   | 83,752 |   |
| Securities      Held-to-Maturity                                                                                                                                                                                                                                                                       |                |   | 1,331 |   |   |   | 1,408 |   |
| Loans      Held for Sale                                                                                                                                                                                                                                                                               |                |   | 962 |   |   |   | 1,478 |   |
| Loans      Receivable, Net                                                                                                                                                                                                                                                                             |                |   | 27,789 |   |   |   | 25,211 |   |
| Accrued      Interest Receivable                                                                                                                                                                                                                                                                       |                |   | 491 |   |   |   | 499 |   |
| Premises      and Equipment, Net                                                                                                                                                                                                                                                                       |                |   | 907 |   |   |   | 923 |   |
| Deferred      Tax Asset                                                                                                                                                                                                                                                                                |                |   | 284 |   |   |   | 1,476 |   |
| Other      Assets                                                                                                                                                                                                                                                                                      |                |   | 166 |   |   |   | 66 |   |
| Real      Estate Acquired Through Foreclosure                                                                                                                                                                                                                                                          |                |   | 33 |   |   |   | - |   |
| Total Assets                                                                                                                                                                                                                                                                                           |                | $ | 128,084 |   |   | $ | 118,785 |   |
|                                                                                                                                                                                                                                                                                                   |                |   |   |   |   |   |   |   |
| LIABILITIES      AND STOCKHOLDERS’ EQUITY                                                                                                                                                                                                                                                        |                |
|                                                                                                                                                                                                                                                                                                   |                |   |   |   |   |   |   |   |
| LIABILITIES                                                                                                                                                                                                                                                                                            |                |   |   |   |   |   |   |   |
| Deposits                                                                                                                                                                                                                                                                                               |                | $ | 80,986 |   |   | $ | 77,710 |   |
| Advances      from Borrowers for Taxes and Insurance                                                                                                                                                                                                                                                   |                |   | 118 |   |   |   | 196 |   |
| Advances      from Federal Home Loan Bank of Dallas                                                                                                                                                                                                                                                    |                |   | 15,933 |   |   |   | 12,368 |   |
| Other      Accrued Expenses and Liabilities                                                                                                                                                                                                                                                            |                |   | 606 |   |   |   | 699 |   |
|  Total Liabilities                                                                                                                                                                                                                                                                                |                |   |  97,643 |   |   |   |  90,973 |   |
|                                                                                                                                                                                                                                                                                                   |                |   |   |   |   |   |   |   |
| COMMITMENTS                                                                                                                                                                                                                                                                                            |                |   |   |   |   |   |   |   |
|                                                                                                                                                                                                                                                                                                   |                |   |   |   |   |   |   |   |
| STOCKHOLDERS’      EQUITY                                                                                                                                                                                                                                                                        |                |   |   |   |   |   |   |   |
| Common      stock - 8,000,000 shares of $.01   par      value authorized; 3,558,958 shares issued;   3,383,287      shares outstanding and 3,387,202   shares      outstanding at December 31, 2007 and   June      30, 2007, respectively |                |   |       14 |   |   |   |       14 |   |
| Additional      paid-in capital                                                                                                                                                                                                                                                                        |                |   | 13,541 |   |   |   | 13,509 |   |
| Retained      Earnings - Partially Restricted                                                                                                                                                                                                                                                          |                |   | 20,565 |   |   |   | 20,449 |   |
| Unearned      ESOP Stock                                                                                                                                                                                                                                                                               |                |   | (969 | ) |   |   | (997 | ) |
| Unearned      RRP Trust Stock                                                                                                                                                                                                                                                                          |                |   | (395 | ) |   |   | (551 | ) |
| Accumulated      Other Comprehensive Loss                                                                                                                                                                                                                                                              |                |   | (506 | ) |   |   | (2,841 | ) |
| Treasury      Stock – At Cost                                                                                                                                                                                                                                                                    |                |   |    (1,809 | ) |   |   | (1,771 | ) |
|                                                                                                                                                                                                                                                                                                   |                |   |   |   |   |   |   |   |
| Total Stockholders’      Equity                                                                                                                                                                                                                                                                  |                |   | 30,441 |   |   |   | 27,812 |   |
|                                                                                                                                                                                                                                                                                                   |                |   |   |   |   |   |   |   |
| TOTAL      LIABILITIES AND STOCKHOLDERS’   EQUITY                                                                                                                                                                                                                                 |                |  $ | 128,084  |   |   |  $ | 118,785  |   |

----

| HOME      FEDERAL BANCORP, INC. OF LOUISIANA |   |
|----------------------------------------------|--------|
| CONSOLIDATED      STATEMENTS OF INCOME       |   |
| (Unaudited)                                  |   |
|                                         |   | Three      Months Ended |   |   | Six      Months Ended |   |
|                                         |   | December      31, |   |   | December      31, |   |
|                                         |   | 2007 |   |   | 2006 |   |   | 2007 |   |   | 2006 |   |
|                                         |   | (In      Thousands, Except Per Share Data) |   |
| INTEREST      INCOME                         |   |   |   |   |   |   |   |   |   |   |   |   |
| Loans,      Including Fees                   |   | $ | 530 |   |   | $ | 431 |   |   | $ | 1,045 |   |   | $ | 802 |   |
| Investment      Securities                   |   |   | 78 |   |   |   | 77 |   |   |   | 144 |   |   |   | 153 |   |
| Mortgage-Backed      Securities              |   |   | 1,122 |   |   |   | 1,063 |   |   |   | 2,231 |   |   |   | 2,132 |   |
| Other      Interest-Earning Assets           |   |   | 49 |   |   |   | 85 |   |   |   | 86 |   |   |   | 124 |   |
| Total      Interest Income                   |   |   | 1,779 |   |   |   | 1,656 |   |   |   | 3,506 |   |   |   | 3,211 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| INTEREST      EXPENSE                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Deposits                               |   |   | 797 |   |   |   | 682 |   |   |   | 1,567 |   |   |   | 1,307 |   |
| Federal      Home Loan Bank Borrowings       |   |   | 204 |   |   |   | 182 |   |   |   | 400 |   |   |   | 327 |   |
| Total      Interest Expense                  |   |   | 1,001 |   |   |   | 864 |   |   |   | 1,967 |   |   |   | 1,634 |   |
| Net      Interest Income                     |   |   | 778 |   |   |   | 792 |   |   |   | 1,539 |   |   |   | 1,577 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| PROVISION      FOR LOAN LOSSES               |   |   | -- |   |   |   | -- |   |   |   | -- |   |   |   | -- |   |
| Net      Interest Income after               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision      for Loan Losses               |   |   | 778 |   |   |   | 792 |   |   |   | 1,539 |   |   |   | 1,577 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NON-INTEREST      INCOME                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gain      on Sale of Loans                   |   |   | 3 |   |   |   | -- |   |   |   | 4 |   |   |   | -- |   |
| Gain      on Sale of Investments             |   |   | 72 |   |   |   | 101 |   |   |   | 94 |   |   |   | 101 |   |
| Other      Income (Loss)                     |   |   | 7 |   |   |   | (7 | ) |   |   | 22 |   |   |   | 50 |   |
| Total      Non-Interest Income               |   |   | 82 |   |   |   | 94 |   |   |   | 120 |   |   |   | 151 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NON-INTEREST      EXPENSE                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Compensation      and Benefits               |   |   | 396 |   |   |   | 385 |   |   |   | 790 |   |   |   | 753 |   |
| Occupancy      and Equipment                 |   |   | 41 |   |   |   | 47 |   |   |   | 85 |   |   |   | 93 |   |
| Data      Processing                         |   |   | 16 |   |   |   | 16 |   |   |   | 33 |   |   |   | 33 |   |
| Audit      and Professional Fees             |   |   | 91 |   |   |   | 69 |   |   |   | 132 |   |   |   | 124 |   |
| Franchise      and Bank Shares Tax           |   |   | 38 |   |   |   | 39 |   |   |   | 76 |   |   |   | 79 |   |
| Other      Expense                           |   |   | 51 |   |   |   | 67 |   |   |   | 146 |   |   |   | 143 |   |
| Total      Non-Interest Expense              |   |   | 633 |   |   |   | 623 |   |   |   | 1,262 |   |   |   | 1,225 |   |
| Income      Before Income Taxes              |   |   | 227 |   |   |   | 263 |   |   |   | 397 |   |   |   | 503 |   |
|                                         |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| PROVISION      FOR INCOME TAX EXPENSE        |   |   | 76 |   |   |   | 89 |   |   |   | 134 |   |   |   | 171 |   |
| Net      Income                              |   | $ | 151 |   |   | $ | 174 |   |   | $ | 263 |   |   | $ | 332 |   |
| INCOME      PER COMMON SHARE:                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Basic          |   | $ | 0.05 |   |   | $ | 0.05 |   |   | $ | 0.08 |   |   | $ | 0.10 |   |
|      Diluted        |   | $ | 0.05 |   |   | $ | 0.05 |   |   | $ | 0.08 |   |   | $ | 0.10 |   |
| DIVIDENDS      DECLARED                      |   | $ | 0.06 |   |   | $ | 0.06 |   |   | $ | 0.12 |   |   | $ | 0.12 |   |

----

|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           | Unearned                                                            |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |  Accumulated                                                                                 |                                                                                                     |                                                                                        |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------|---------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------|------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|
|                                                                                                                                                                                    |                                                                                    |                                                                                   | Additional                                                           |                                                                                                           | Unearned                                                                                                                                    |                                                                                                           | RRP                                                                      |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |  Other                                                                                       |                                                                                                     | Total                                                                                  |
|                                                                                                                                                                                    | Common                                                                             |                                                                                   | Paid-in                                                              |                                                                                                           | ESOP                                                                                                                                             |                                                                                                           | Trust                                                                    |                                                                                                           | Retained                                                 |                                                                                                           | Treasury                                                            |                                                                                     |  Comprehensive                                                                               |                                                                                                     | Stockholders'                                                                          |
|                                                                                                                                                                                    | Stock                                                                                   |                                                                                   | Capital                                                              |                                                                                                           | Stock                                                                                                                                       |                                                                                                           | Stock                                                               |                                                                                                           | Earnings                                                 |                                                                                                           | Stock                                                               |                                                                                     | Income (Loss)                                                                                     |                                                                                                     | Equity                                                                                 |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           | (In      Thousands)                                                 |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |
| BALANCE      – JUNE 30, 2006                                                                                                                                                      | $           14                   |                                                                                   | $13,445                                                                   |                                                                                                           | $(1,054)                                                                                                                                         |                                                                                                           | $(688)                                                                   |                                                                                                           | $      20,149                                                 |                                                                                                           | $      (211)                                                             |                                                                                     | $(3,116)                                                                                          |                                                                                                     | $28,539                                                                                     |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| Net      Income                                                                                                                                                                         |                                                                                    | --                                                                                     |                                                                      | --                                                                                                             |                                                                                                                                             | --                                                                                                             |                                                                     | --                                                                                                             |                                                          | 332                                                                                                            |                                                                     | --                                                                                       |                                                                                              | --                                                                                                       |                                                                                        | 332 |
| Other      Comprehensive Loss:                                                                                                                                                          |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
|    Changes      in Unrealized Gain      on      Securities Available-      for-Sale,      Net of Tax Effects |                                                                                    |   --                                                                         |                                                                      |   --                                                                                                 |                                                                                                                                             |   --                                                                                                 |                                                                     |   --                                                                                                 |                                                          |   --                                                                                                 |                                                                     |   --                                                                           |                                                                                              |   2,087                                                                                        |                                                                                        |   2,087 |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| RRP      Shares Earned                                                                                                                                                                  |                                                                                    | --                                                                                     |                                                                      | --                                                                                                             |                                                                                                                                             | --                                                                                                             |                                                                     | 137                                                                                                            |                                                          | --                                                                                                             |                                                                     | --                                                                                       |                                                                                              | --                                                                                                       |                                                                                        | 137 |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| Stock      Options Vested                                                                                                                                                               |                                                                                    | --                                                                                     |                                                                      | 31                                                                                                             |                                                                                                                                             | --                                                                                                             |                                                                     | --                                                                                                             |                                                          | --                                                                                                             |                                                                     | --                                                                                       |                                                                                              | --                                                                                                       |                                                                                        | 31 |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| ESOP      Compensation Earned                                                                                                                                                           |                                                                                    | --                                                                                     |                                                                      | 1                                                                                                              |                                                                                                                                             | 28                                                                                                             |                                                                     | --                                                                                                             |                                                          | --                                                                                                             |                                                                     | --                                                                                       |                                                                                              | --                                                                                                       |                                                                                        | 29 |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| Dividends      Declared                                                                                                                                                                 |                                                                                    | --                                                                                     |                                                                      | --                                                                                                             |                                                                                                                                             | --                                                                                                             |                                                                     | --                                                                                                             |                                                          | (169)                                                                                                          |                                                                     | --                                                                                       |                                                                                              | --                                                                                                       |                                                                                        | (169) |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| Acquisition      Treasury Stock                                                                                                                                                         |                                                                                    |               -- |                                                                      |                  --       |                                                                                                                                             |                  --       |                                                                     |                  --       |                                                          |                 --             |                                                                     |               (54) |                                                                                              |                  -- |                                                                                        |                    (54) |
|  BALANCE      – DECEMBER 31, 2006                                                                                                                                            |  $           14             |                                                                                   |  $        13,477             |                                                                                                           |  $        (1,026)                                                                                   |                                                                                                           |  $          (551) |                                                                                                           |  $        20,312 |                                                                                                           |  $          (265) |                                                                                     |  $                  (1,029)      |                                                                                                     |  $             30,932 |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
|          BALANCE – JUNE 30, 2007                                                                                                                                   |    $           14 |                                                                                   | $        13,509         |                                                                                                           | $           (997)                  |                                                                                                           | $          (551)       |                                                                                                           | $        20,449       |                                                                                                           | $       (1,771)                       |                                                                                     | $                  (2,841)            |                                                                                                     | $             27,812       |
| Net      Income                                                                                                                                                                         |                                                                                    | --                                                                                     |                                                                      | --                                                                                                             |                                                                                                                                             | --                                                                                                             |                                                                     | --                                                                                                             |                                                          | 263                                                                                                            |                                                                     | --                                                                                       |                                                                                              | --                                                                                                       |                                                                                        | 263 |
| Other      Comprehensive Loss:                                                                                                                                                          |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
|    Changes      in Unrealized Gain      on      Securities Available-      for-Sale,      Net of Tax Effects |                                                                                    |   --                                                                         |                                                                      |   --                                                                                                 |                                                                                                                                             |   --                                                                                                 |                                                                     |   --                                                                                                 |                                                          |   --                                                                                                 |                                                                     |   --                                                                           |                                                                                              |   2,335                                                                                        |                                                                                        |   2,335 |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| Purchase      of Common Stock for  RRPTrust                                                                                                                                   |                                                                                    |  --                                                                               |                                                                      |         --                                                             |                                                                                                                                             |  --                                                                                                       |                                                                     |  156                                                                                                      |                                                          |  --                                                                                                       |                                                                     |  --                                                                                 |                                                                                              |  --                                                                                                 |                                                                                        |  156 |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| Stock      Options Vested                                                                                                                                                               |                                                                                    | --                                                                                     |                                                                      | 32                                                                                                             |                                                                                                                                             | --                                                                                                             |                                                                     |                   -- |                                                          | --                                                                                                             |                                                                     | --                                                                                       |                                                                                              | --                                                                                                       |                                                                                        | 32 |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| ESOP      Compensation Earned                                                                                                                                                           |                                                                                    | --                                                                                     |                                                                      | --                                                                                                             |                                                                                                                                             | 28                                                                                                             |                                                                     | --                                                                                                             |                                                          | --                                                                                                             |                                                                     | --                                                                                       |                                                                                              |  --                                                                                                 |                                                                                        | 28 |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| Dividends      Declared                                                                                                                                                                 |                                                                                    |            --                   |                                                                      |                --                   |                                                                                                                                             |                  --       |                                                                     |                --                   |                                                          |             (147)                                  |                                                                     | --                                                                                       |                                                                                              |                 --       |                                                                                        |                  (147) |
|                                                                                                                                                                                    |                                                                                    |                                                                                   |                                                                      |                                                                                                           |                                                                                                                                             |                                                                                                           |                                                                     |                                                                                                           |                                                          |                                                                                                           |                                                                     |                                                                                     |                                                                                              |                                                                                                     |                                                                                        |   |
| Acquisition      of Treasury Stock                                                                                                                                                      |                                                                                    |              --       |                                                                      |                   -- |                                                                                                                                             |                   -- |                                                                     |                   -- |                                                          |                   -- |                                                                     |               (38) |                                                                                              |                  -- |                                                                                        |                    (38) |
| BALANCE      – DECEMBER 31, 2007                                                                                                                                                  | $           14                   |                                                                                   | $           13,541 |                                                                                                           | $                (969)                                                                         |                                                                                                           | $          (395)       |                                                                                                           | $        20,565       |                                                                                                           | $       (1,809)                       |                                                                                     | $                     (506) |                                                                                                     | $             30,441       |

----

| HOME      FEDERAL BANCORP, INC. OF LOUISIANA                        |   |
|---------------------------------------------------------------------|--------|
|                                                                |   |
| CONSOLIDATED      STATEMENTS OF CASH FLOWS                          |   |
| (Unaudited)                                                         |   |
|                                                                |   |
|                                                                |   | Six      Months Ended |   |
|                                                                |   | December      31, |   |
|                                                                |   | 2007 |   |   | 2006 |   |
|                                                                |   | (In      Thousands) |   |
| CASH      FLOWS FROM OPERATING ACTIVITIES                           |   |   |   |   |   |   |
| Net      Income                                                     |   | $ | 263 |   |   | $ | 332 |   |
| Adjustments      to Reconcile Net Income to Net                     |   |   |   |   |   |   |   |   |
| Cash      (Used in) Provided by Operating Activities                |   |   |   |   |   |   |   |   |
| Net      Amortization and Accretion on Securities                   |   |   | (110 | ) |   |   | (106 | ) |
| Gain      on Sale of Investments                                    |   |   | (94 | ) |   |   | (101 | ) |
| Amortization      of Deferred Loan Fees                             |   |   | (13 | ) |   |   | (7 | ) |
| Depreciation      of Premises and Equipment                         |   |   | 27 |   |   |   | 31 |   |
| ESOP      Expense                                                   |   |   | 28 |   |   |   | 30 |   |
| Stock      Option Expense                                           |   |   | 32 |   |   |   | 31 |   |
| Recognition      and Retention Plan Expense                         |   |   | 86 |   |   |   | 68 |   |
| Deferred      Income Tax                                            |   |   | (11 | ) |   |   | (11 | ) |
| Changes      in Assets and Liabilities                              |   |   |   |   |   |   |   |   |
| Loans      Held-for-Sale  –  Originations |   |   | (8,725 | ) |   |   | (505 | ) |
| Loans      Held-for-Sale – Principal Repayments               |   |   | 9,438 |   |   |   | 250 |   |
| Accrued      Interest Receivable                                    |   |   | 8 |   |   |   | (23 | ) |
| Other      Operating Assets                                         |   |   | (101 | ) |   |   | (21 | ) |
| Other      Operating Liabilities                                    |   |   |  (23 | ) |   |   | 43 |   |
|                                                                |   |   |   |   |   |   |   |   |
| Net      Cash Provided by Operating Activities                      |   |   | 805 |   |   |   | 11 |   |
|                                                                |   |   |   |   |   |   |   |   |
| CASH      FLOWS FROM INVESTING ACTIVITIES                           |   |   |   |   |   |   |   |   |
| Loan      Originations and Purchases, Net of Principal Collections  |   |   | (2,803 | ) |   |   | (1,950 | ) |
| Deferred      Loan Fees Collected                                   |   |   | 8 |   |   |   | 8 |   |
| Acquisition      of Premises and Equipment                          |   |   | (12 | ) |   |   | (33 | ) |
| Activity      in Available-for-Sale Securities:                     |   |   |   |   |   |   |   |   |
| Proceeds      from Sales and Maturities of Securities               |   |   | 8,253 |   |   |   | 14,643 |   |
| Principal      Payments on Mortgage-backed Securities               |   |   | 7,399 |   |   |   | 6,004 |   |
| Purchases      of Securities                                        |   |   | (9,320 | ) |   |   | (18,057 | ) |
| Activity      in Held-to-Maturity Securities                        |   |   |   |   |   |   |   |   |
| Proceeds      from Redemption or Maturity of Investments            |   |   | -- |   |   |   | -- |   |
| Principal      Payments on Mortgage-Backed Securities               |   |   | 78 |   |   |   | 82 |   |
| Purchases      of Securities                                        |   |   | -- |   |   |   | (124 | ) |
|                                                                |   |   |   |   |   |   |   |   |
| Net      Cash Provided by Investing Activities                      |   |   | 3,603 |   |   |   | 573 |   |

----

| HOME      FEDERAL BANCORP, INC. OF LOUISIANA            |   |
|---------------------------------------------------------|--------|
|                                                    |   |
| CONSOLIDATED      STATEMENTS OF CASH FLOWS (Continued)  |   |
| (Unaudited)                                             |   |
|                                                    |   |
|                                                    |   | Six      Months Ended |   |
|                                                    |   | December      31, |   |
|                                                    |   | 2007 |   |   | 2006 |   |
| CASH      FLOWS FROM FINANCING ACTIVITIES               |   | (In      Thousands) |   |
| Net      Increase in Deposits                           |   |   | 3,276 |   |   |   | 4,995 |   |
| Proceeds      from Federal Home Loan Bank Advances      |   |   | 5,500 |   |   |   | 4,750 |   |
| Repayments      of Advances from Federal Home Loan Bank |   |   | (1,935 | ) |   |   | (1,802 | ) |
| Net      Decrease in Mortgage-Escrow Funds              |   |   | (78 | ) |   |   | (124 | ) |
| Dividends      Paid                                     |   |   | (147 | ) |   |   | (169 | ) |
| Acquisition      of Treasury Stock                      |   |   | (38 | ) |   |   | (54 | ) |
|                                                    |   |   |   |   |   |   |   |   |
| Net      Cash Provided by Financing Activities          |   |   | 6,578 |   |   |   | 7,596 |   |
|                                                    |   |   |   |   |   |   |   |   |
| NET      INCREASE IN CASH AND CASH EQUIVALENTS          |   |   | 10,986 |   |   |   | 8,180 |   |
|                                                    |   |   |   |   |   |   |   |   |
| CASH      AND CASH EQUIVALENTS - BEGINNING              |   |   |   |   |   |   |   |   |
| OF      PERIOD                                          |   |   |  3,972 |   |   |   | 4,930 |   |
|                                                    |   |   |   |   |   |   |   |   |
| CASH      AND CASH EQUIVALENTS - END OF PERIOD          |   | $ |  14,958 |   |   | $ | 13,110 |   |
|                                                    |   |   |   |   |   |   |   |   |
| SUPPLEMENTARY      CASH FLOW INFORMATION                |   |   |   |   |   |   |   |   |
| Interest      Paid on Deposits and Borrowed Funds       |   | $ | 1,973 |   |   | $ | 1,638 |   |
| Income      Taxes Paid                                  |   |   | 94 |   |   |   | 137 |   |
| Market      Value Adjustment for Gain on Securities     |   |   |   |   |   |   |   |   |
| Available-for-Sale                                      |   |   | 3,538 |   |   |   | 3,162 |   |
| NON-CASH      INVESTING ACTIVITY                        |   |   |   |   |   |   |   |   |
| Real      Estate Acquired through Foreclosure           |   | $ | 33 |   |   | $ | -- |   |

----

----

----

----

|                                                                                         |   | Three      Months Ended December      31, 2007 |            |   | Three      Months Ended December      31, 2006 |   |
|----------------------------------------------------------------------------------------------|--------|------------------------------------------------|-----------------|--------|------------------------------------------------|--------|
|                                                                                         |   | Basic                                          |            |   | Diluted                                        |   |   | Basic |   |   | Diluted |   |
|                                                                                         |   |                                           |            |   |                                           |   |   |   |   |   |   |   |
| Net      Income                                                                              |   | $                                              | 150,247         |   |                                           | $      | 150,247 |   |   | $ | 173,948 |   |   | $ | 173,948 |   |
| Weighted      average shares outstanding                                                     |   |                                           | 3,243,093       |   |                                           |   | 3,243,093 |   |   |   | 3,373,758 |   |   |   | 3,373,758 |   |
| Effect      of unvested common stock awards                                                  |   |                                           | --              |   |                                           |   | 3,233 |   |   |   | -- |   |   |   | 4,292 |   |
| Adjusted      weighted average shares used in  earnings      per share computation |   |                                           |  3,243,093 |   |                                           |   |  3,246,326 |   |   |   |  3,373,758 |   |   |   |   3,378,050 |   |
|                                                                                         |   |                                           |            |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                         |   |                                           |            |   |                                           |   |   |   |   |   |   |   |   |   |   |   |
| Earnings      per share                                                                      |   | $                                              | 0.05            |   |                                           | $      | 0.05 |   |   | $ | 0.05 |   |   | $ | 0.05 |   |

|                                                                                         |   | Six      Months Ended December      31, 2007 |            |   | Six      Months Ended December      31, 2006 |   |
|----------------------------------------------------------------------------------------------|--------|----------------------------------------------|-----------------|--------|----------------------------------------------|--------|
|                                                                                         |   | Basic                                        |            |   | Diluted                                      |   |   | Basic |   |   | Diluted |   |
|                                                                                         |   |                                         |            |   |                                         |   |   |   |   |   |   |   |
| Net      Income                                                                              |   | $                                            | 262,575         |   |                                         | $      | 262,575 |   |   | $ | 331,961 |   |   | $ | 331,961 |   |
| Weighted      average shares outstanding                                                     |   |                                         | 3,239,689       |   |                                         |   | 3,239,689 |   |   |   | 3,370,828 |   |   |   | 3,370,828 |   |
| Effect      of unvested common stock awards                                                  |   |                                         | --              |   |                                         |   | 3,978 |   |   |   | -- |   |   |   |  4,312 |   |
| Adjusted      weighted average shares used in  earnings      per share computation |   |                                         |  3,239,689 |   |                                         |   |  3,243,667 |   |   |   |  3,370,828 |   |   |   |  3,375,140 |   |
|                                                                                         |   |                                         |            |   |                                         |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                         |   |                                         |            |   |                                         |   |   |   |   |   |   |   |   |   |   |   |
| Earnings      per share                                                                      |   | $                                            | 0.08            |   |                                         | $      | 0.08 |   |   | $ | 0.10 |   |   | $ | 0.10 |   |

----

----

----

----

----

----

----

----

----

| Period                                                   |   | Total      Number      of Shares Purchased |     |   | Average      Price      Paid      per Share |   |   | Total      Number of Shares Purchased as Part of Publicly Announced Plans or      Programs |   |   | Maximum      Number of Shares that May Yet Be Purchased Under the Plans or      Programs |   |
|----------------------------------------------------------|--------|--------------------------------------------|----------|--------|---------------------------------------------|--------|--------|--------------------------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------------------------|--------|
| Month      #1 October 1, 2007 – October 31, 2007   |   |                                       | --       |   |                                        | $      | --     |                                                                                       |   |   | --                                                                                       |   |   |   | 94,809 |   |
| Month      #2 November 1, 2007 – November 30, 2007 |   |                                       | --       |   |                                        |   | --     |                                                                                       |   |   | --                                                                                       |   |   |   | 94,809 |   |
| Month      #3 December 1, 2007 – December 31, 2007 |   |                                       |  -- |   |                                        |   | --     |                                                                                       |   |   |  --                                                                                 |   |   |   | 94,809 |   |
| Total                                                    |   |                                       | --       |   |                                        | $      | --     |                                                                                       |   |   | --                                                                                       |   |   |   | 94,809 |   |

| (a)   | On      May 10, 2007, the Company issued a press release announcing that the Board      of Directors authorized a second stock repurchase program (the "program")      on May 9, 2007. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | The      Company was authorized to repurchase 10% or 128,122 of the outstanding      shares other than shares held by Home Federal Mutual Holding      Company. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | The      program has an expiration date of May 9,2008. |
|-----------------|--------------------------------------------------------|

----

|   |   | For    |                                                                     |   | Withhold |             |   | Against |   |      | Abstain |   |
|--------|--------|--------|--------------------------------------------------------------------------|--------|----------|------------------|--------|---------|--------|-----------|---------|--------|
|   | 1.     |   | To      elect three directors for a three year term expiring in    2010: |   |     |             |   |    |   |      |    |   |   |   |   |
|   |   |   |                                                                     |   |     |             |   |    |   |      |    |   |   |   |   |
|   |   |   | Walter      T. Colquitt III                                              |   |     | 2,959,729        |   |    |   | 83,330    |    |   |   | -- |   |   |   | -- |   |
|   |   |   | Daniel      R. Herndon                                                   |   |     | 2,959,729        |   |    |   | 83,330    |    |   |   | -- |   |   |   | -- |   |
|   |   |   | Scott      D. Lawrence                                                   |   |     | 2,959,729        |   |    |   | 83,330    |    |   |   | -- |   |   |   | -- |   |
|   |   |   |                                                                     |   |     |             |   |    |   |      |    |   |   |   |   |   |   |   |   |
|   | 2.     |   | To      ratify the appointment of the Company’s independent        |   |     |             |   |    |   |      |    |   |   |   |   |   |   |   |   |
|   |   |   | registered      public accounting firm:                                  |   |     |   3,006,029 |   |    |   |   -- |    |   |   |   37,000 |   |   |   |   30 |   |
|   |   |   |                                                                     |   |     |             |   |    |   |      |    |   |   |   |   |   |   |   |   |

|   | No.                                                                                                                                                                                                                             |   | Description |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|
| 2.1    | Agreement      and Plan of Merger by and among Home Federal Bancorp, Inc. of Louisiana,      Home Federal Mutual Holding Company of Louisiana and First Louisiana      Bancshares, Inc., dated as of December 11, 2007(1)  |
| 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 Section 1350                                                                                                                                                                            |

| ____________________ |   |
|----------------------|--------|

| (1) | Incorporated      by reference to the Company's Current Report on Form 8-K filed with the      Securities and Exchange Commission on December 17, 2007 (SEC File No.      000-51117). |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|                                |                         |   |                                                        |
|-------------------------------------|------------------------------|--------|-------------------------------------------------------------|
| Date:      |  February 14,      2008 |   |  By:                                                   | /s/Daniel R.      Herndon |
|                                |                         |   | Daniel R.      Herndon                                      |
|                                |                         |   | President and Chief      Executive Officer                  |
|                                |                         |   |                                                        |
| Date:                     |  February 14,      2008 |   |  By:                                                   | /s/Clyde D. Patterson |
|                                |                         |   | Clyde D.      Patterson                                     |
|                                |                         |   | Executive Vice      President (principal financial officer) |