hbcp-20250421
503 Kaliste Saloom RoadLafayetteLouisiana337237-1960April 21, 20250001436425FALSE00014364252025-04-212025-04-21

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)April 21, 2025
Home Bancorp, Inc.
(Exact name of registrant as specified in its charter)
Louisiana001-3419071-1051785
(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
503 Kaliste Saloom Road, Lafayette, Louisiana
70508
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code
(337) 237-1960
N/A
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered
Common StockHBCPNasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
 
 


Item 2.02Results of Operations and Financial Condition
 
On April 21, 2025, the Registrant announced its results of operations for the quarter ended March 31, 2025. A copy of the related press release (the "Press Release") is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The Press Release attached hereto is being furnished to the SEC and shall not be deemed "filed" for any purpose except as otherwise provided herein.

Item 7.01
Regulation FD Disclosure

On April 21, 2025, the Registrant announced that its Board of Directors approved a new share repurchase program (the "2025 Repurchase Plan"). Under the 2025 Repurchase Plan, the Company may purchase up to 400,000 shares, or approximately 5%, of the Company's outstanding common stock. The shares may be purchased in the open market or in privately-negotiated transactions from time to time depending upon market conditions and other factors.

For additional information, reference is made to the Press Release attached hereto as Exhibit 99.1 and incorporated by reference herein. The Press Release attached hereto as an exhibit is being furnished to the SEC and shall not be deemed to be “filed” for any purpose except as otherwise provided herein.

On April 21, 2025, the Registrant made available the supplemental information attached as Exhibit 99.2 prepared for use with the press release.

The investor presentation attached hereto as Exhibit 99.2 and incorporated herein by reference is being furnished pursuant to this Item 7.01 and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and it shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or under the Exchange Act, whether made before or after the date hereof, except as expressly set forth by specific reference in such filing to this Current Report on Form 8-K.

Item 8.01Other Events

On April 21, 2025, the Registrant announced that its Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.27 per share. The cash dividend will be paid on May 16, 2025 to shareholders of record at the close of business on May 5, 2025.




Item 9.01Financial Statements and Exhibits

(a)Not applicable.
(b)Not applicable.
(c)Not applicable.
(d)Exhibits

The following exhibit is filed herewith.
Exhibit Number Description
 
104The cover page of Home Bancorp Inc.'s Form 8-K is formatted in Inline XBRL.
 



SIGNATURES
 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 HOME BANCORP, INC. 
    
    
Date:  April 21, 2025
By:/s/ John W. Bordelon 
  John W. Bordelon 
  Chairman of the Board, President and Chief Executive Officer 

 
 




homebancorpa.jpg

For further information contact:
John W. Bordelon, Chairman of the Board, President and CEO
(337) 237-1960

Release Date:April 21, 2025
For Immediate Release

HOME BANCORP, INC. ANNOUNCES 2025 FIRST QUARTER RESULTS,
NEW SHARE REPURCHASE PLAN AND DECLARES A QUARTERLY DIVIDEND

Lafayette, Louisiana – Home Bancorp, Inc. (Nasdaq: “HBCP”) (the “Company”), the parent company for Home Bank, N.A. (the “Bank”) (www.home24bank.com), reported financial results for the first quarter of 2025. For the quarter, the Company reported net income of $11.0 million, or $1.37 per diluted common share (“diluted EPS”), up $1.3 million from $9.7 million, or $1.21 diluted EPS, for the fourth quarter of 2024.

“The financial results for the first quarter of 2025 reflects a strong start for the year,” said John W. Bordelon, President and Chief Executive Officer of the Company and the Bank. “We saw solid loan and deposit growth during the quarter and net interest margin expansion. I am extremely proud of our team for making this possible and believe we are well positioned to assist our customers with opportunities that lie ahead.”


First Quarter 2025 Highlights

•Loans totaled $2.7 billion at March 31, 2025, up $29.1 million, or 1.1%, (an increase of 4% on an annualized basis) from December 31, 2024.

•Deposits totaled $2.8 billion at March 31, 2025, up $46.5 million, or 1.7% (7% on an annualized basis), from December 31, 2024.

•Net interest income in the first quarter of 2024 totaled $31.7 million, up $163,000, or 1% from the prior quarter.

•The net interest margin ("NIM") was 3.91% in the first quarter of 2025 compared to 3.82% in the fourth quarter of 2024.

•Nonperforming assets totaled $21.5 million, or 0.62% of total assets, at March 31, 2025 compared to $15.6 million, or 0.45% of total assets, at December 31, 2024. This increase in nonperforming assets is primarily due to two loan relationships, which were classified as substandard in 2024 and moved to nonaccrual status in the first quarter of 2025.

•The Company recorded a $394,000 provision to the allowance for loan losses in the first quarter of 2025, compared to a $873,000 provision in the fourth quarter of 2024.


1
    
Loans

Loans totaled $2.7 billion at March 31, 2025, up $29.1 million, or 1.1%, from December 31, 2024. The following table summarizes the changes in the Company’s loan portfolio, net of unearned income, from December 31, 2024 through March 31, 2025.

(dollars in thousands)3/31/202512/31/2024Increase (Decrease)
Real estate loans:




One- to four-family first mortgage$504,356 $501,225 $3,131 1 %
Home equity loans and lines77,417 79,097 (1,680)(2)
Commercial real estate1,193,364 1,158,781 34,583 3 
Construction and land346,987 352,263 (5,276)(1)
Multi-family residential183,792 178,568 5,224 3 
Total real estate loans2,305,916 2,269,934 35,982 2 
Other loans:



Commercial and industrial411,363 418,627 (7,264)(2)
Consumer29,998 29,624 374 1 
Total other loans441,361 448,251 (6,890)(2)
Total loans$2,747,277 $2,718,185 $29,092 1 %

The average loan yield was 6.43% for the first quarter of 2025, which was unchanged from the fourth quarter of 2024. The flat loan yield was impacted by a few factors for the first quarter of 2025. Approximately 41% of the loan portfolio is adjustable, therefore the Federal Reserve rate cuts in mid-December 2024 impacted the full quarter in 2025. The net loan yield was lower by approximately 2 bps, or $155,000, for the quarter due to two loan relationships transferring to nonaccrual during the first quarter of 2025. In addition, yields on loans were impacted by higher rates on new loans and loans paying off at lower rates. We experienced growth in commercial real estate loans for the current quarter across our Houston and Northshore markets and in multi-family residential loans across our New Orleans and Northshore markets.

Credit Quality and Allowance for Credit Losses

Nonperforming assets (“NPAs”) totaled $21.5 million, or 0.62% of total assets, at March 31, 2025, up $5.9 million, or 38%, from $15.6 million, or 0.45% of total assets, at December 31, 2024. The increase in NPAs during the first quarter of 2025 was primarily due to two loan relationships totaling $5.6 million, which were put on nonaccrual during the quarter. During the first quarter of 2025, the Company recorded net loan charge-offs of $32,000, compared to net loan charge-offs of $235,000 during the fourth quarter of 2024.

The Company provisioned $394,000 to the allowance for loan losses in the first quarter of 2025. At March 31, 2025, the allowance for loan losses totaled $33.3 million, or 1.21% of total loans, compared to $32.9 million, or 1.21% of total loans, at December 31, 2024. Provisions to the allowance for loan losses are based upon, among other factors, our estimation of current expected losses in our loan portfolio, which we evaluate on a quarterly basis. Changes in expected losses consider various factors including the changing economic activity, potential mitigating effects of governmental stimulus, borrower specific information impacting changes in risk ratings, projected delinquencies and the impact of industry-wide loan modification efforts, among other factors.

2
    
The following tables present the Company’s loan portfolio by credit quality classification as of March 31, 2025 and December 31, 2024.
March 31, 2025
(dollars in thousands)PassSpecial MentionSubstandardTotal
One- to four-family first mortgage
$496,694 $820 $6,842 $504,356 
Home equity loans and lines77,045 — 372 77,417 
Commercial real estate1,174,920 — 18,444 1,193,364 
Construction and land341,273 — 5,714 346,987 
Multi-family residential182,536 — 1,256 183,792 
Commercial and industrial407,742 — 3,621 411,363 
Consumer29,838 — 160 29,998 
Total$2,710,048 $820 $36,409 $2,747,277 
December 31, 2024
(dollars in thousands)PassSpecial MentionSubstandardTotal
One- to four-family first mortgage
$493,368 $823 $7,034 $501,225 
Home equity loans and lines78,818 — 279 79,097 
Commercial real estate1,140,240 — 18,541 1,158,781 
Construction and land347,039 — 5,224 352,263 
Multi-family residential177,638 — 930 178,568 
Commercial and industrial414,872 — 3,755 418,627 
Consumer29,597 — 27 29,624 
Total$2,681,572 $823 $35,790 $2,718,185 

Investment Securities

The Company's investment securities portfolio totaled $401.6 million at March 31, 2025, a decrease of $2.2 million, or 1%, from December 31, 2024. At March 31, 2025, the Company had a net unrealized loss position on its investment securities of $34.0 million, compared to a net unrealized loss of $41.0 million at December 31, 2024. The Company’s investment securities portfolio had an effective duration of 3.7 years and 3.9 years at March 31, 2025 and December 31, 2024, respectively. During the first quarter of 2025, the Company made securities purchases of $2.9 million, compared to $5.6 million during the fourth quarter of 2024.

3
    

The following table summarizes the composition of the Company's investment securities portfolio at March 31, 2025.
(dollars in thousands)Amortized CostFair Value
Available for sale:
U.S. agency mortgage-backed$287,468 $263,130 
Collateralized mortgage obligations71,880 70,008 
Municipal bonds53,349 46,589 
U.S. government agency16,871 16,199 
Corporate bonds4,985 4,627 
Total available for sale$434,553 $400,553 
Held to maturity:
Municipal bonds$1,065 $1,066 
Total held to maturity$1,065 $1,066 

Approximately 35% of the investment securities portfolio was pledged as of March 31, 2025 to secure public deposits. The Company had $142.0 million and $134.9 million of securities pledged to secure public deposits at March 31, 2025 and December 31, 2024, respectively.

Deposits

Total deposits were $2.8 billion at March 31, 2025, up $46.5 million, or 2%, from December 31, 2024. Non-maturity deposits increased $26.2 million, or 1%, during the first quarter of 2025 to $2.1 billion. The following table summarizes the changes in the Company’s deposits from December 31, 2024 to March 31, 2025.

(dollars in thousands)

3/31/202512/31/2024Increase (Decrease)
Demand deposits$754,955 $733,073 $21,882 3 %
Savings212,053 210,977 1,076 1 
Money market464,659 457,483 7,176 2 
NOW641,287 645,246 (3,959)(1)
Certificates of deposit754,253 733,917 20,336 3 
Total deposits$2,827,207 $2,780,696 $46,511 2 %

The average rate on interest-bearing deposits decreased 15 basis points from 2.66% for the fourth quarter of 2024 to 2.51% for the first quarter of 2025. At March 31, 2025, certificates of deposit maturing within the next 12 months totaled $708.2 million.

We obtain most of our deposits from individuals, small businesses and public funds in our market areas. The following table presents our deposits per customer type for the periods indicated.

March 31, 2025December 31, 2024
Individuals53%53%
Small businesses3637
Public funds87
Broker 33
Total100%100%
The total amounts of our uninsured deposits (deposits in excess of $250,000, as calculated in accordance with FDIC regulations) were $844.2 million at March 31, 2025 and $813.6 million at December 31, 2024. Public funds in excess of the FDIC insurance limits are fully collateralized.
4
    

Net Interest Income

The net interest margin ("NIM") increased 9 basis points from 3.82% for the fourth quarter of 2024 to 3.91% for the first quarter of 2025 primarily due to a decline in the funding cost for average interest-bearing liabilities and an increase in average interest-earnings assets.

The average cost of interest-bearing deposits decreased by 15 basis points in the first quarter of 2025 compared to the fourth quarter of 2024. The decrease in deposit costs primarily reflects the decline in certificate of deposit rates as they matured and renewed into current rates.

Average other interest-earning assets were $55.9 million for the first quarter of 2025, down $41.6 million, or 43%, from the fourth quarter of 2024, primarily due to a decrease in the average balance of cash and cash equivalents.

Average other borrowings were $5.5 million for the first quarter of 2025, down $102.2 million, or 95%, from the fourth quarter of 2024 and replaced with short-term FHLB advances. Average FHLB advances were $180.7 million for the first quarter of 2025, an increase of $127.7 million, or 241%, from the fourth quarter of 2024.

Loan accretion income from acquired loans totaled $356,000 for the first quarter of 2025, down $65,000, or 15%, from the fourth quarter of 2024.

The following table summarizes the Company’s average volume and rate of its interest-earning assets and interest-bearing liabilities for the periods indicated. Taxable equivalent (“TE”) yields on investment securities have been calculated using a marginal tax rate of 21%.

Quarter Ended

3/31/202512/31/2024
(dollars in thousands)Average BalanceInterestAverage Yield/ RateAverage BalanceInterestAverage Yield/ Rate
Interest-earning assets:






Loans receivable$2,745,212 $44,032 6.43 %$2,686,188 $43,978 6.43 %
Investment securities (TE)
439,556 2,664 2.44 449,216 2,703 2.42 
Other interest-earning assets55,851 505 3.67 97,492 1,123 4.58 
Total interest-earning assets$3,240,619 $47,201 5.84 %$3,232,896 $47,804 5.82 %
Interest-bearing liabilities:






Deposits:






Savings, checking, and money market$1,306,602 $5,401 1.68 %$1,311,815 $5,721 1.73 %
Certificates of deposit732,079 7,221 4.00 723,764 7,885 4.33 
Total interest-bearing deposits2,038,681 12,622 2.51 2,035,579 13,606 2.66 
Other borrowings5,539 53 3.89 107,767 1,279 4.72 
Subordinated debt54,485 845 6.20 54,427 848 6.23 
FHLB advances180,658 1,932 4.28 52,926 485 3.63 
Total interest-bearing liabilities$2,279,363 $15,452 2.74 %$2,250,699 $16,218 2.87 %
Noninterest-bearing deposits$733,613 $754,133 
Net interest spread (TE)


3.10 %


2.95 %
Net interest margin (TE)


3.91 %


3.82 %


5
    
Noninterest Income

Noninterest income for the first quarter of 2025 totaled $4.0 million, up $380,000, or 10%, from the fourth quarter of 2024. The increase was related primarily to gain on sale of loans (up $315,000) and other income (up $132,000), which was partially offset by a reduction in gain on sale of assets, net (down $30,000) and service fees and charges (down $25,000) for the first quarter of 2025 compared to the fourth quarter of 2024.

Noninterest Expense

Noninterest expense for the first quarter of 2025 totaled $21.6 million, down $776,000, or 3%, from the fourth quarter of 2024. The decrease was primarily related to a decrease in compensation and benefits expense (down $662,000) and the absence of a provision to the allowance for credit losses on unfunded commitments ($240,000), which were partially offset by an increase in occupancy expense (up $219,000) during the first quarter of 2025.

Capital and Liquidity

At March 31, 2025, shareholders’ equity totaled $402.8 million, up $6.7 million, or 2%, compared to $396.1 million at December 31, 2024. The increase was primarily due to the the Company’s earnings of $11.0 million and a decrease in the accumulated other comprehensive loss on available for sale investments securities during the first quarter of 2025, which was partially offset by shareholder dividends and repurchases of shares of the Company's common stock. Preliminary Tier 1 leverage capital and total risk-based capital ratios were 11.48% and 14.58%, respectively, at March 31, 2025, compared to 11.38% and 14.51%, respectively, at December 31, 2024.

The following table summarizes the Company's primary and secondary sources of liquidity which were available at March 31, 2025.
(dollars in thousands)March 31, 2025
Cash and cash equivalents$110,662 
Unencumbered investment securities, amortized cost68,179 
FHLB advance availability1,140,061 
Amounts available from unsecured lines of credit55,000 
Federal Reserve discount window availability500 
Total primary and secondary sources of available liquidity$1,374,402 

Dividend and Share Repurchases

The Company announces that its Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.27 per share payable on May 16, 2025, to shareholders of record as of May 5, 2025.

The Company also announced that the Board of Directors approved a new share repurchase plan (the “2025 Repurchase Plan”). Under the 2025 Repurchase Plan, the Company may purchase up to 400,000 shares, or approximately 5% of the Company’s outstanding common stock. Share repurchases under the 2025 Repurchase Plan may commence upon the completion of the Company’s 2023 Repurchase Plan. As of March 31, 2025, there were 138,315 shares remaining that may be repurchased under the 2023 Repurchase Plan. The repurchase plans do not include specific price targets and may be executed through the open market or privately-negotiated transactions depending upon market conditions and other factors. The repurchase plans have no time limit and may be suspended or discontinued at any time.

The Company repurchased 173,497 shares of its common stock during the first quarter of 2025 at an average price per share of $44.72. An additional 138,315 shares remain eligible for purchase under the 2023 Repurchase Plan. The book value per share and tangible book value per share of the Company’s common stock was $50.82 and $40.13, respectively, at March 31, 2025.
6
    
Conference Call

Executive management will host a conference call to discuss first quarter 2025 results on Tuesday, April 22, 2025 at 10:30 a.m. CDT. Analysts, investors and interested parties may attend the conference call by dialing toll free 1.646.357.8785 (US Local/International) or 1.800.836.8184 (US Toll Free). The investor presentation can be accessed on the day of the presentation on the Home Bancorp, Inc. website at https://home24bank.investorroom.com.

A replay of the conference call and a transcript of the call will be posted to the Investor Relations page of the Company's website, https://home24bank.investorroom.com.

Non-GAAP Reconciliation

This news release contains financial information determined by methods other than in accordance with generally accepted accounting principles (“GAAP”). The Company's management uses this non-GAAP financial information in its analysis of the Company's performance. In this news release, information is included which excludes intangible assets. Management believes the presentation of this non-GAAP financial information provides useful information that is helpful to a full understanding of the Company’s financial position and operating results. This non-GAAP financial information should not be viewed as a substitute for financial information determined in accordance with GAAP, nor is it necessarily comparable to non-GAAP financial information presented by other companies. A reconciliation on non-GAAP information included herein to GAAP is presented below.


Quarter Ended
(dollars in thousands, except per share data)3/31/202512/31/20243/31/2024
Reported net income$10,964 $9,673 $9,199 
Add: Core deposit intangible amortization, net tax231 250 279 
Non-GAAP tangible income$11,195 $9,923 $9,478 
Total assets$3,485,453 $3,443,668 $3,357,604 
Less: Intangible assets84,751 85,044 86,019 
Non-GAAP tangible assets$3,400,702 $3,358,624 $3,271,585 




Total shareholders’ equity$402,831 $396,088 $372,285 
Less: Intangible assets84,751 85,044 86,019 
Non-GAAP tangible shareholders’ equity$318,080 $311,044 $286,266 
Return on average equity11.02 %9.71 %9.98 %
Add: Average intangible assets3.23 2.99 3.42 
Non-GAAP return on average tangible common equity14.25 %12.70 %13.40 %




Common equity ratio11.56 %11.50 %11.09 %
Less: Intangible assets2.21 2.24 2.34 
Non-GAAP tangible common equity ratio9.35 %9.26 %8.75 %




Book value per share$50.82 $48.95 $45.73 
Less: Intangible assets10.69 10.51 10.56 
Non-GAAP tangible book value per share$40.13 $38.44 $35.17 



7
    
This news release contains certain forward-looking statements. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.”

Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors - many of which are beyond our control - could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. Home Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2024 describes some of these factors, including risk elements in the loan portfolio, risks related to our deposit activities, the level of the allowance for credit losses, risks of our growth strategy, geographic concentration of our business, dependence on our management team, risks of market rates of interest and of regulation on our business and risks of competition. Forward-looking statements speak only as of the date they are made. We do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made or to reflect the occurrence of unanticipated events.
8
    
HOME BANCORP, INC. AND SUBSIDIARY
CONDENSED STATEMENTS OF FINANCIAL CONDITION
(Unaudited)
(dollars in thousands)3/31/202512/31/2024% Change3/31/2024
Assets
Cash and cash equivalents$110,662 $98,548 12 %$90,475 
Investment securities available for sale, at fair value400,553 402,792 (1)421,813 
Investment securities held to maturity1,065 1,065 — 1,065 
Mortgage loans held for sale1,855 832 123 646 
Loans, net of unearned income2,747,277 2,718,185 1 2,621,690 
Allowance for loan losses(33,278)(32,916)1 (31,461)
Total loans, net of allowance for loan losses2,713,999 2,685,269 1 2,590,229 
Office properties and equipment, net45,327 42,324 7 42,341 
Cash surrender value of bank-owned life insurance48,699 48,421 1 47,587 
Goodwill and core deposit intangibles84,751 85,044 — 86,019 
Accrued interest receivable and other assets78,542 79,373 (1)77,429 
Total Assets$3,485,453 $3,443,668 1 %$3,357,604 
Liabilities
Deposits$2,827,207 $2,780,696 2 %$2,722,578 
Other Borrowings5,539 5,539 — 140,539 
Subordinated debt, net of issuance cost54,513 54,459 — 54,294 
Federal Home Loan Bank advances163,259 175,546 (7)38,607 
Accrued interest payable and other liabilities32,104 31,340 2 29,301 
Total Liabilities3,082,622 3,047,580 1 2,985,319 
Shareholders' Equity
Common stock79 81 (2)81 
Additional paid-in capital167,231 168,138 (1)166,160 
Common stock acquired by benefit plans(1,250)(1,339)7 (1,607)
Retained earnings261,856 259,190 1 241,152 
Accumulated other comprehensive loss(25,085)(29,982)16 (33,501)
Total Shareholders' Equity402,831 396,088 2 372,285 
Total Liabilities and Shareholders' Equity$3,485,453 $3,443,668 1 %$3,357,604 

9
    
HOME BANCORP, INC. AND SUBSIDIARY
CONDENSED STATEMENTS OF INCOME
(Unaudited)
Quarter Ended
(dollars in thousands, except per share data)3/31/202512/31/2024% Change3/31/2024% Change
Interest Income
Loans, including fees$44,032 $43,978 — %$40,567 9 %
Investment securities2,664 2,703 (1)2,788 (4)
Other investments and deposits
505 1,123 (55)771 (35)
Total interest income47,201 47,804 (1)44,126 7 
Interest Expense
Deposits12,622 13,606 (7)%12,132 4 %
Other borrowings53 1,279 (96)1,486 (96)
Subordinated debt expense845 848 — 845 — 
Federal Home Loan Bank advances
1,932 485 298 762 154 
Total interest expense15,452 16,218 (5)15,225 1 
Net interest income31,749 31,586 1 28,901 10 
Provision for loan losses394 873 (55)141 179 
Net interest income after provision for loan losses31,355 30,713 2 28,760 9 
Noninterest Income
Service fees and charges1,309 1,334 (2)%1,254 4 %
Bank card fees1,578 1,586 (1)1,575 — 
Gain on sale of loans, net377 62 508 87 333 
Income from bank-owned life insurance
278 282 (1)266 5 
Gain on sale of assets, net9 39 (77)6 50 
Other income458 326 40 361 27 
Total noninterest income4,009 3,629 10 3,549 13 
Noninterest Expense
Compensation and benefits12,652 13,314 (5)%12,170 4 %
Occupancy2,561 2,342 9 2,454 4 
Marketing and advertising429 667 (36)466 (8)
Data processing and communication
2,642 2,526 5 2,514 5 
Professional fees405 416 (3)475 (15)
Forms, printing and supplies200 214 (7)205 (2)
Franchise and shares tax476 400 19 488 (2)
Regulatory fees516 483 7 469 10 
Foreclosed assets, net227 125 82 65 249 
Amortization of acquisition intangible
293 317 (8)353 (17)
Provision for credit losses on unfunded commitments
— 240 (100)— — 
Other expenses1,178 1,311 (10)1,209 (3)
Total noninterest expense21,579 22,355 (3)20,868 3 
Income before income tax expense
13,785 11,987 15 11,441 20 
Income tax expense2,821 2,314 22 2,242 26 
Net income$10,964 $9,673 13 %$9,199 19 %
Earnings per share - basic$1.38 $1.22 13 %$1.15 20 %
Earnings per share - diluted$1.37 $1.21 13 %$1.14 20 %
Cash dividends declared per common share
$0.27 $0.26 4 %$0.25 8 %

10
    
HOME BANCORP, INC. AND SUBSIDIARY
SUMMARY FINANCIAL INFORMATION
(Unaudited)
Quarter Ended
(dollars in thousands, except per share data)3/31/202512/31/2024% Change3/31/2024% Change
EARNINGS DATA
Total interest income$47,201 $47,804 (1)%$44,126 7 %
Total interest expense15,452 16,218 (5)15,225 1 
Net interest income31,749 31,586 1 28,901 10 
Provision for loan losses394 873 (55)141 179 
Total noninterest income4,009 3,629 10 3,549 13 
Total noninterest expense21,579 22,355 (3)20,868 3 
Income tax expense2,821 2,314 22 2,242 26 
Net income$10,964 $9,673 13 $9,199 19 
AVERAGE BALANCE SHEET DATA
Total assets$3,449,472 $3,439,925 — %$3,333,883 3 %
Total interest-earning assets3,240,619 3,232,896 — 3,132,622 3 
Total loans2,745,212 2,686,188 2 2,602,941 5 
PPP loans1,320 2,742 (52)5,393 (76)
Total interest-bearing deposits2,038,681 2,035,579 — 1,937,646 5 
Total interest-bearing liabilities2,279,363 2,250,699 1 2,189,597 4 
Total deposits2,772,295 2,789,712 (1)2,680,909 3 
Total shareholders' equity403,504 396,163 2 370,761 9 
PER SHARE DATA
Earnings per share - basic$1.38 $1.22 13 %$1.15 20 %
Earnings per share - diluted1.37 1.21 13 1.14 20 
Book value at period end50.82 48.95 4 45.73 11 
Tangible book value at period end40.13 38.44 4 35.17 14 
Shares outstanding at period end7,926,331 8,091,522 (2)8,140,380 (3)
Weighted average shares outstanding
Basic7,949,477 7,944,629 — %7,984,317 — %
Diluted8,026,815 7,993,852 — 8,039,505 — 
SELECTED RATIOS (1)
Return on average assets1.29 %1.12 %15 %1.11 %16 %
Return on average equity11.02 9.71 13 9.98 10 
Common equity ratio11.56 11.50 1 11.09 4 
Efficiency ratio (2)
60.35 63.48 (5)64.31 (6)
Average equity to average assets11.70 11.52 2 11.12 5 
Tier 1 leverage capital ratio (3)
11.48 11.38 1 11.19 3 
Total risk-based capital ratio (3)
14.58 14.51 — 14.39 1 
Net interest margin (4)
3.91 3.82 2 3.64 7 
SELECTED NON-GAAP RATIOS (1)
Tangible common equity ratio (5)
9.35 %9.26 %1 %8.75 %7 %
Return on average tangible common equity (6)
14.25 12.70 12 13.40 6 

11
    
(1)With the exception of end-of-period ratios, all ratios are based on average daily balances during the respective periods.
(2)The efficiency ratio represents noninterest expense as a percentage of total revenues. Total revenues is the sum of net interest income and noninterest income.
(3)Capital ratios are preliminary end-of-period ratios for the Bank only and are subject to change.
(4)Net interest margin represents net interest income as a percentage of average interest-earning assets. Taxable equivalent yields are calculated using a marginal tax rate of 21%.
(5)Tangible common equity ratio is common shareholders' equity less intangible assets divided by total assets less intangible assets. See "Non-GAAP Reconciliation" for additional information.
(6)Return on average tangible common equity is net income plus amortization of core deposit intangible, net of taxes, divided by average common shareholders' equity less average intangible assets. See "Non-GAAP Reconciliation" for additional information.
12
    
HOME BANCORP, INC. AND SUBSIDIARY
SUMMARY CREDIT QUALITY INFORMATION
(Unaudited)
3/31/202512/31/20243/31/2024
(dollars in thousands)OriginatedAcquiredTotalOriginatedAcquiredTotalOriginatedAcquiredTotal
CREDIT QUALITY (1)
Nonaccrual loans
$13,090 $5,880 $18,970 $8,991 $4,591 $13,582 $11,232 $4,139 $15,371 
Accruing loans 90 days or more past due77 — 77 16 — 16 4,978 — 4,978 
Total nonperforming loans13,167 5,880 19,047 9,007 4,591 13,598 16,210 4,139 20,349 
Foreclosed assets and ORE2,424 — 2,424 1,963 47 2,010 1,539 62 1,601 
Total nonperforming assets$15,591 $5,880 $21,471 $10,970 $4,638 $15,608 $17,749 $4,201 $21,950 
Nonperforming assets to total assets0.62 %0.45 %0.65 %
Nonperforming loans to total assets 0.55 0.39 0.61 
Nonperforming loans to total loans 0.69 0.50 0.78 
(1)It is our policy to cease accruing interest on loans 90 days or more past due, with certain limited exceptions. Nonperforming assets consist of nonperforming loans, foreclosed assets and surplus real estate (ORE). Foreclosed assets consist of assets acquired through foreclosure or acceptance of title in-lieu of foreclosure. ORE consists of closed or unused bank buildings.

13
    
HOME BANCORP, INC. AND SUBSIDIARY
SUMMARY CREDIT QUALITY INFORMATION - CONTINUED
(Unaudited)
3/31/202512/31/20243/31/2024
Collectively EvaluatedIndividually EvaluatedTotalCollectively EvaluatedIndividually EvaluatedTotalCollectively EvaluatedIndividually EvaluatedTotal
ALLOWANCE FOR CREDIT LOSSES
One- to four-family first mortgage$4,459 $— $4,459 $4,430 $— $4,430 $3,275 $— $3,275 
Home equity loans and lines795 — 795 801 — 801 701 — 701 
Commercial real estate13,478 439 13,917 13,321 200 13,521 14,863 200 15,063 
Construction and land5,383 — 5,383 5,484 — 5,484 5,287 — 5,287 
Multi-family residential1,088 — 1,088 1,090 — 1,090 584 — 584 
Commercial and industrial6,413 326 6,739 6,613 248 6,861 5,733 73 5,806 
Consumer756 141 897 729 — 729 745 — 745 
Total allowance for loan losses
$32,372 $906 $33,278 $32,468 $448 $32,916 $31,188 $273 $31,461 
Unfunded lending commitments(2)
2,700 — 2,700 2,700 — 2,700 2,594 — 2,594 
Total allowance for credit losses$35,072 $906 $35,978 $35,168 $448 $35,616 $33,782 $273 $34,055 
Allowance for loan losses to nonperforming assets154.99 %210.89 %143.33 %
Allowance for loan losses to nonperforming loans174.72 %242.07 %154.61 %
Allowance for loan losses to total loans1.21 %1.21 %1.21 %
Allowance for credit losses to total loans1.31 %1.31 %1.30 %
Year-to-date loan charge-offs$226 $1,285 $241 
Year-to-date loan recoveries194 249 24 
Year-to-date net loan charge-offs$(32)$(1,036)$(217)
Annualized YTD net loan charge-offs to average loans— %(0.04)%(0.03)%
(2)The allowance for unfunded lending commitments is recorded within accrued interest payable and other liabilities on the Consolidated Statements of Financial Condition.
14
Q1 2025 Earnings Conference Call

 
Certain comments in this presentation contain certain forward looking statements (as defined in the Securities Exchange Act of 1934 and the regulations thereunder). Forward looking statements are not historical facts but instead represent only the beliefs, expectations or opinions of Home Bancorp, Inc. and its management regarding future events, many of which, by their nature, are inherently uncertain. Forward looking statements may be identified by the use of such words as: “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”, or words of similar meaning, or future or conditional terms such as “will”, “would”, “should”, “could”, “may”, “likely”, “probably”, or “possibly.” Forward looking statements include, but are not limited to, financial projections and estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to future operations, products and services; and statements regarding future performance. Such statements are subject to certain risks, uncertainties and assumption, many of which are difficult to predict and generally are beyond the control of Home Bancorp, Inc. and its management, that could cause actual results to differ materially from those expressed in, or implied or projected by, forward looking statements. The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward looking statements: (1) economic and competitive conditions which could affect the volume of loan originations, deposit flows and real estate values; (2) the levels of noninterest income and expense and the amount of loan losses; (3) competitive pressure among depository institutions increasing significantly; (4) changes in the interest rate environment causing reduced interest margins; (5) general economic conditions, either nationally or in the markets in which Home Bancorp, Inc. is or will be doing business, being less favorable than expected; (6) political and social unrest, including acts of war or terrorism; (7) we may not fully realize all the benefits we anticipated in connection with our acquisitions of other institutions or our assumptions made in connection therewith may prove to be inaccurate; (8) cyber incidents or other failures, disruptions or security beaches; or (9) legislation or changes in regulatory requirements adversely affecting the business of Home Bancorp, Inc. Home Bancorp, Inc. undertakes no obligation to update these forward looking statements to reflect events or circumstances that occur after the date on which such statements were made. As used in this report, unless the context otherwise requires, the terms “we,” “our,” “us,” or the “Company” refer to Home Bancorp, Inc. and the term the “Bank” refers to Home Bank, N.A., a national bank and wholly owned subsidiary of the Company. In addition, unless the context otherwise requires, references to the operations of the Company include the operations of the Bank. For a more detailed description of the factors that may affect Home Bancorp’s operating results or the outcomes described in these forward-looking statements, we refer you to our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2024. Home Bancorp assumes no obligation to update the forward-looking statements made during this presentation. For more information, please visit our website www.home24bank.com. Non-GAAP Information This presentation contains financial information determined by methods other than in accordance with generally accepted accounting principles (“GAAP”). The Company's management uses this non-GAAP financial information in its analysis of the Company's performance. In this presentation, information is included which excludes acquired loans, intangible assets, impact of the gain (loss) on the sale of a banking center, the impact of merger-related expenses and one-time tax effects. Management believes the presentation of this non-GAAP financial information provides useful information that is helpful to a full understanding of the Company’s financial position and core operating results. This non-GAAP financial information should not be viewed as a substitute for financial information determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP financial information presented by other companies. | 2 Forward-Looking Statements

 
Headquarters: Lafayette, LA Ticker: HBCP (NASDAQ) History: • Founded in 1908 • IPO completed October 2008 • Six acquisitions completed since 2010 • 43 locations across Southern Louisiana, Western Mississippi and Houston • 1 Commercial Banking Office in North Houston Highlights: • Total Assets: $3.5 billion at March 31, 2025 • Market Cap: $340 million at April 17, 2025 • Ownership (S&P Global as of April 17, 2025) • Institutional: 47% • Insider/ESOP: 13% | 3 Our Company Total Assets $3.5B Total Loans $2.7B Total Deposits $2.8B

 
| 4 Our Markets

 
Quarterly Financial Highlights 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 Profitability Net income $ 9,385 $ 9,199 $ 8,118 $ 9,437 $ 9,673 $ 10,964 Diluted EPS 1.17 1.14 1.02 1.18 1.21 1.37 Net interest income 29,282 28,901 29,393 30,382 31,586 31,749 Provision for loan losses 665 141 1,261 140 873 394 Core pre-provision net income(1) 9,846 9,152 8,868 9,430 10,430 11,205 Net interest margin ("NIM") 3.69 % 3.64 % 3.66 % 3.71 % 3.82 % 3.91 % ROA 1.13 1.11 0.97 1.10 1.12 1.29 ROE 10.6 10.0 8.8 9.8 9.7 11.0 ROATCE(1) 14.5 13.4 11.7 12.9 12.7 14.3 Efficiency ratio 62.9 64.3 65.8 65.3 63.5 60.4 Balance Sheet Assets $ 3,320,122 $ 3,357,604 $ 3,410,881 $ 3,441,990 $ 3,443,668 $ 3,485,453 Loans 2,581,638 2,621,690 2,661,346 2,668,286 2,718,185 2,747,277 Total deposits 2,670,624 2,722,578 2,722,915 2,777,487 2,780,696 2,827,207 Allowance/total loan ratio 1.22 % 1.20 % 1.21 % 1.21 % 1.21 % 1.21 % TCE Ratio 8.7 8.8 8.7 9.2 9.3 9.4 Loan/Deposit ratio 96.7 96.3 97.7 96.1 97.8 97.2 Per Share Data Share price $ 42.01 $ 38.31 $ 40.01 $ 44.58 $ 46.21 $ 44.80 Book value 45.04 45.73 46.51 48.75 48.95 50.82 Tangible book value(1) 34.45 35.17 35.90 38.17 38.44 40.13 Price / tangible book value per share 122 % 109 % 111 % 117 % 120 % 112 % Dividend paid $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 0.26 $ 0.27 (1) See appendix for reconciliation of Non-GAAP items. | 5 (dollars in thousands, except per share data)

 
H om e B an k To ta l A ss et s ($ in m illi on s) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Mar- 25 YTD 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 Statewide Bank - $199 MM Guaranty Savings Bank - $257 MM Britton & Koontz Bank - $301 MM Bank of New Orleans - $346 MM St. Martin Bank & Trust - $597 MM CAGR = 12.3% as of March 31, 2025 | 6 Asset Growth Texan Bank - $416 MM

 
Profitability 0.99 1.76 1.07 1.23 1.08 1.29 1.12 1.04 1.25 1.27 1.12 1.32 GAAP Core pre-provision earnings 2020 2021 2022 2023 2024 1Q 2025 0.0% 0.2% 0.4% 0.6% 0.8% 1.0% 1.2% 1.4% 1.6% 1.8% 2.0% Return on Average Assets 7.8 14.4 10.2 11.6 9.6 11.0 8.9 8.5 11.8 11.9 9.9 11.3 GAAP Core pre-provision earnings 2020 2021 2022 2023 2024 1Q 2025 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% Return on Average Equity 10.2 18.0 13.9 16.0 12.7 14.3 11.1 10.5 15.6 15.9 12.8 14.3 ROATCE Core pre-provision earnings 2020 2021 2022 2023 2024 1Q 2025 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 20.0% Return on Tangible Common Equity 59.1 57.1 62.1 61.2 64.7 60.3 63.8 64.8 61.2 61.3 64.6 60.2 GAAP Core pre-provision earnings 2020 2021 2022 2023 2024 1Q 2025 50.0% 55.0% 60.0% 65.0% 70.0% Efficiency Ratio (1) See appendix for reconciliation of Non-GAAP items. (1) | 7

 
Lo an B al an ce O ut st an di ng ($ in m ill io ns ) A nnualized G row th R ate Total Loans Annualized Growth Rate 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 2,500 2,550 2,600 2,650 2,700 2,750 2,800 Loan Portfolio (as of March 31, 2025) CRE O.O. 26% 1-4 Mortgage 18% CRE N.O.O. 17% C&I 15% C&D 13% Multifamily 7% Home Equity 3% Consumer 1% Composition Market Diversification Acadiana 28% New Orleans 28% Houston 20% Northshore 13% Baton Rouge 9% MS 2% • Total loans - $2.7 billion • 1Q 2025 WAR - 6.43% • Houston market - 21% annualized growth rate • YTD 2025 annualized growth rate - 4% • Houston market - 21% annualized growth rate YTD | 8 6% 6% 1% 7% 4%

 
OO CRE Portfolio (as of March 31, 2025) Geographic Exposure Houston, 32% Acadiana, 26% New Orleans 18% Northshore 12% Baton Rouge 9% Mississippi, 2% Southwest LA, 1% | 9 dollars in thousands Balances % of Total Loans % of OO CRE Avg Loan Size Criticized Balances Convenience Store $ 147,179 5 % 20 % $ 1,429 $ — Office 101,805 4 14 457 — Warehouse Or Industrial 97,082 4 13 564 4,419 Office Medical 79,475 3 11 864 — Other Specialty Use 59,425 2 8 849 3,960 Retail Single Tenant 54,443 2 8 641 — Hospital Or Surgical Center 53,906 2 7 4,492 — Restaurant/Bar 49,090 2 7 733 547 Church/School Mtg 45,251 2 6 923 1,566 Other 41,400 2 6 1,150 — Total $ 729,056 27 % 100 % $ 802 $ 10,492 Repricing or Maturing Term dollars in thousands 3 mths or less 4 - 12 mths 1 - 3 Years 3 - 5 Years 5+ Years Balances $ 57,047 $ 96,959 $ 194,453 $ 189,740 $ 191,021 WAR 7.5 % 4.7 % 5.2 % 6.5 % 4.5 % Average Rate 5.4% Fixed Rate % 75% Convenience Store Balances 84% in Houston Nonaccrual Balance $1.6 million

 
NOO CRE Portfolio, including Multifamily (as of March 31, 2025) Geographic Exposure New Orleans 36% Northshore 22% Houston 22% Acadiana 13% Baton Rouge 6% Other, 1% | 10 dollars in thousands Balances % of Total Loans % of NOO CRE Avg Loan Size Criticized Balances Multifamily $ 183,792 7 % 28 % $ 1,276 $ 1,256 Retail Multi-tenant 137,286 5 21 1,596 453 Multi Use Facility 71,817 3 11 1,330 — Office 69,378 3 11 964 — Hotel/Motel 57,641 2 9 1,310 7,575 Warehouse or Industrial 54,566 2 8 691 — Other 32,235 1 5 620 — Other Specialty Use 17,819 1 3 685 — Retail Single Tenant 11,103 — 2 397 — Hospital or Surgical Center 12,463 1 2 2,077 — Total $ 648,100 24 % 100 % $ 1,097 $ 9,284 Repricing or Maturing Term dollars in thousands 3 mths or less 4 - 12 mths 1-3 years 3-5 Years 5+ Years Balances $ 110,989 $ 48,614 $ 253,164 $ 149,199 $ 85,970 WAR 6.9 % 5.4 % 5.2 % 6.8 % 4.6 % Average Rate 5.79% Fixed Rate % 73% Nonaccrual Balance $3.7 million

 
CRE Non-Medical Office Exposure (as of March 31, 2025) | 11 Nonaccrual Balance NOO loans - $0.0 OO loans - $0.0 Total Non-Medical Office Loans $171.2 million or 6.2% of total loans NOO Geographic Exposure Baton Rouge 0.9% Houston 0.8% Norths hore 0.3% Acadiana 0.3% New Orlean s 0.1% dollars in thousands Balances % of Total Loans Avg Loan Size Criticized Balances Baton Rouge $ 24,615 0.9 % $ 1,368 $ — Houston 22,142 0.8 1,845 — Acadiana 9,438 0.3 363 — Northshore 9,206 0.3 1,023 — New Orleans 3,701 0.1 740 — Mississippi 276 — 138 — Total NOO Office $ 69,378 2.4 % $ 964 $ — dollars in thousands Balances % of Total Loans Avg Loan Size Criticized Balances Acadiana $ 32,380 1.2 % $ 463 $ — New Orleans 22,561 0.8 550 — Houston 16,586 0.6 572 — Baton Rouge 13,726 0.5 361 — Northshore 11,049 0.4 480 — Southwest LA 2,875 0.1 192 — Mississippi 2,628 0.1 375 — Total OO Office $ 101,805 3.7 % $ 457 $ — OO Office Exposure NOO Office Exposure Average Remaining Maturity NOO 6.4 yrs OO 7.5 yrs Average Rate NOO 5.3% OO 5.6%

 
Commercial & Industrial (as of March 31, 2025) | 12 Nonaccrual Balance $1.2 million LOC Utilization Rate 49% Average Rate 7.4% Geographic Exposure Acadiana 40% Baton Rouge 16% New Orleans 10% Northshore 9% Houston 9% Southwest LA 7% Other 6% Natchez 3% dollars in thousands Balances % of C&I % of Loans Avg Loan Size Criticized Balances Professional Services $ 52,593 12.8 1.9 $ 121 $ 5 Finance and Insurance 51,877 12.6 1.9 752 1,314 Retail 40,435 9.8 1.5 221 361 Manufacturing 39,461 9.6 1.4 280 325 Construction 35,592 8.7 1.3 123 1,321 Real Estate Leasing 33,934 8.2 1.2 164 — Healthcare 32,860 8.0 1.2 145 — Transportation 26,566 6.5 1.0 193 81 Oil & Gas Extraction 22,761 5.5 0.8 303 — Agriculture 19,523 4.7 0.7 129 — Other 55,761 13.6 2.0 144 220 Totals $ 411,363 100 % 15.0 % $ 179 $ 3,626 Repricing or Maturing Term dollars in thousands 3 mths or less 4 -12 Mths 1 - 3 Years 3 - 5 Years 5+ Years Balances $ 228,930 $ 29,784 $ 34,237 $ 64,304 $ 54,108 WAR 8.0 % 7.3 % 6.3 % 6.8 % 5.9 % Fixed Rate % 41%

 
C&D Portfolio (as of March 31, 2025) Commercial Construction, 54%Lots, Development and Unimproved Land, 29% 1-4 Family Construction, 17% Composition | 13 Historic Charge-off (Recovery Rate) Charge-off (recovery) 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Mar- 25 YTD (0.25)% —% 0.25% 0.50% 0.75% 1.00% Total Balance $347 million Average Balance $561K $782K net charge-offs since 2009 1.6% on Nonaccrual or $5.6 million

 
Loans & Securities - Repricing and Maturity (as of March 31, 2025) | 14 Loan Repricing or Maturing Term Rate Structure Total Loans and Leases (1) dollars in millions 3 mths or less 4 -12 Mths 1 - 3 Years 3 - 5 Years 5 - 7 Years 7+ Years Total Fixed Adjustable Residential mortgages $43 $49 $130 $119 $31 $132 $504 $280 $224 Home equity loans and lines 68 2 2 1 0 5 78 8 70 Commercial real estate 146 135 364 286 110 152 1,193 868 325 Construction and land 207 35 53 41 9 2 347 130 217 Multifamily 23 10 83 53 4 11 184 149 35 Commercial and industrial 229 30 34 64 24 30 411 168 243 Other consumer 10 2 4 4 2 8 30 26 4 Total Loans and Leases $726 $263 $670 $568 $180 $340 $2,747 $1,629 $1,118 % of Total 26% 10% 24% 21% 7% 12% 100% 59% 41% Cumulative 26% 36% 60% 81% 88% 100% Weighted average rate 7.58% 5.77% 5.40% 6.72% 5.09% 4.77% 6.19% 5.42% 7.30% Investment Securities Projected Cash Flow Total Investment Securities (2) dollars in millions 3 mths or less 4 -12 Mths 1 - 3 Years 3 - 5 Years 5 - 7 Years 7+ Years Total Current par value $15 $60 $127 $95 $55 $83 $435 % of Total 3% 14% 29% 22% 13% 19% 100% Cumulative 3% 17% 46% 68% 81% 100% Weighted average rate 2.48% 2.74% 2.68% 2.05% 2.83% 2.34% 2.50% (1) Based on maturity date for fixed rate loans. (2) Par value for securities at March 31, 2025 by expected cash flow are shown. Actual cash flow may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without prepayment penalties.

 
($ in m illi on s) $29.3 $2.3 $(0.1) $2.4 $(1.0) $0.4 $— $29.3 $31.5 $32.9 $33.3 Dec 2022 Organic Provision Net Charge- offs Dec 2023 Organic Provision Net Charge- offs Dec 2024 Organic Provision Net Charge- offs Mar 2025 0 10 20 30 40 2024 (dollars in thousands) 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 Total Loans $ 2,621,690 $ 2,661,346 $ 2,668,286 $ 2,718,185 $ 2,747,277 Total nonperforming loans 20,349 16,818 18,089 13,598 19,047 Total special mention loans 8,578 6,754 2,415 823 820 Total substandard loans 35,128 32,660 34,677 35,790 36,409 Total criticized loans $ 43,706 $ 39,414 $ 37,092 $ 36,613 $ 37,229 Nonperforming loans / Total loans 0.78 % 0.63 % 0.68 % 0.50 % 0.69 % Criticized loans / Total loans 1.67 % 1.48 % 1.39 % 1.35 % 1.36 % ALL / Total Loans 1.20 % 1.21 % 1.21 % 1.21 % 1.21 % 20252021 Changes in ALL | 15 2023

 
1.30 0.77 0.49 0.34 0.31 0.45 0.62 0.75 0.40 0.28 0.14 0.20 0.32 0.45 NPAs / Total Assets Originated NPAs / Total Assets 2019 2020 2021 2022 2023 2024 Mar-25 YTD 0.0% 0.2% 0.4% 0.6% 0.8% 1.0% 1.2% 1.4% 1.6% NPAs / Assets title 0.09 0.12 0.09 0.03 0.00 0.04 0.00 2019 2020 2021 2022 2023 2024 Mar-25 YTD 0.00% 0.05% 0.10% 0.15% Net Charge-offs / YTD Average Loans 63 165 146 267 304 211 155 ALL / NPAs 2019 2020 2021 2022 2023 2024 Mar-25 YTD 0% 50% 100% 150% 200% 250% 300% 350% ALL / NPAs 1.73 1.03 0.83 0.41 0.52 0.76 0.89%1.32 0.74 0.57 0.32 0.36 0.67 0.80% Past Due Loans / Loans Originated Past Due / Originated Loans 2019 2020 2021 2022 2023 2024 Mar-25 YTD 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% Loans Past Due Credit Quality Trends | 16

 
Investment Portfolio | 17 (dollars in millions) Book Value Gain/(loss) Eff. Duration MBS $189 $(19) 4.4 Agency CMBS 154 (6) 2.4 Muni 54 (7) 5.8 CMO 16 (1) 2.9 Agency 17 (1) 2.7 Corp 5 — 0.9 Total $436 $(34) 3.7 10 Year Investment Cash Flow 11% 29% 45% 58% 67% 74% 80% 84% 89% 93% Expected Principal Cash Flows (dollars in thousands) Percentage of Cash Flows - Cumulative FYE 2025 FYE 2026 FYE 2027 FYE 2028 FYE 2029 FYE 2030 FYE 2031 FYE 2032 FYE 2033 FYE 2034 $— $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000 —% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% MBS 43% Agency CMBS 35% Muni 13% Agency 4% CMO 4% Corp 1% 12% of total assets 2.4% Q1 yield $34.0 million unrealized loss ~ 7.8% of book value 99.7% AFS $7.0 million MV increase in Q1 $9.3 million decline in book value QoQ

 
Acadiana 54% New Orleans 14% Houston 11% Northshore 10% Mississippi, 7% Baton Rouge, 4% $ in m illi on s 28% 30% 34% 28% 26% 27% 29% 31% 25% 24% 23% 23% 17% 13% 13% 24% 26% 27% 15% 15% 16% 15% 17% 16% 11% 11% 12% 9% 8% 7% Demand deposits NOW Certificates of deposit Money Market Savings Balance 2020 2021 2022 2023 2024 Mar 2025 2,000 2,500 3,000 3,500 Change (dollars in thousands) 3/31/2024 12/31/2024 3/31/2025 QoQ YoY Demand Deposits $ 742,177 $ 733,073 $ 754,955 $ 21,882 $ 12,778 Savings 228,047 210,977 212,053 1,076 (15,994) Money Market 423,521 457,483 464,659 7,176 41,138 NOW 630,962 645,246 641,287 (3,959) 10,325 CDs 697,871 733,917 754,253 20,336 56,382 Total Deposits $ 2,722,578 $ 2,780,696 $ 2,827,207 $ 46,511 $ 104,629 Deposits (as of March 31, 2025) | 18 $34,077 Average deposit size 27% Non-interest bearing deposit composition 7% Annualized 2025 growth rate

 
Deposits (as of March 31, 2025) | 19 Retail Business Public Broker Total FDIC Insured 45% 17% —% —% 62% Uninsured (1) 8 15 — — 23 Reciprocal — 4 — — 4 Public Funds — — 8 — 8 Brokered Deposits — — — 3 3 Total 53% 36% 8% 3% 100% Cost of Deposits 0.93 1.20 1.42 1.52 1.63 1.75 1.73 1.68 2.49 3.40 4.01 4.41 4.58 4.59 4.33 4.00 1.30 1.84 2.24 2.52 2.69 2.78 2.66 2.51 Non-maturity deposits Certificates of deposit Total interest-bearing deposits 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 0.40 0.80 1.20 1.60 2.00 2.40 2.80 3.20 3.60 4.00 4.40 4.80 (1) Excluding internal accounts, over FDIC limit and not collateralized (2) Total primary funding sources covering uninsured deposits. Funding Availability (in thousands) Q1 2025 FHLB availability $ 1,140,061 Unencumbered investments (book) 68,179 FRB discount window 500 Total primary funding sources $ 1,208,740 Fed fund lines 55,000 Total primary and secondary liquidity $ 1,263,740 Uninsured Deposits(1) Approximately $645 million or 23% of total deposits Coverage of Uninsured Deposits(2) 187%

 
3.94 3.75 3.69 3.64 3.66 3.71 3.82 3.91 NIM 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 3.40% 3.60% 3.80% 4.00% 4.20% 4.40% NIM (TE) 5.82 5.95 6.08 6.18 6.28 6.43 6.43 6.43 Loan Yield 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 5.00% 5.50% 6.00% 6.50% 7.00% Yield on Loans 1.91 2.37 2.62 2.79 2.93 3.02 2.87 2.74 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 0.0% 1.0% 2.0% 3.0% 4.0% Cost of Interest-Bearing Liabilities Yields | 20 3.91% NIM for the quarter ended March 2025 1.85% Cost of total deposits for the quarter ended March 2025 Month Cost of borrowings decreased 14 bps for the quarter ended March 2025

 
Rate Shock 1 Year % Change in NII 200 1.9% 100 1.1% (100) (1.7)% (200) (3.8)% % of assets 2019 2024 Q1 2025 Q1 Cash 2% 3% 3% Investments 12% 13% 12% Loans, excluding PPP 78% 77% 79% Other Assets 8% 7% 6% NMD - noninterest-bearing 20% 22% 22% NMD - interest-bearing 45% 38% 38% CDs 18% 21% 21% Total Deposits 83% 81% 81% Borrowings 2% 5% 5% Subordinated Debt —% 2% 2% Other 1% 1% 1% Equity 14% 11% 11% Loan portfolio effective duration ~ 2.1 (based on management estimates) Cost of 2Q2016 - 3Q2019 3Q2019 - 1Q2022 3Q2022 - 3Q2024 3Q2024 - 1Q2025 Interest-bearing deposits 36% 40% 49% 27% Total deposits 27% 31% 36% 18% Interest-bearing liabilities 33% 40% 53% 28% Funding earning assets 23% 29% 37% 18% Interest Rate Risk Forecasted Change in NII Liability Betas Historical Funding Betas Balance Sheet Composition | 21 Fed Funds Effective Cost of Deposits Cost of Funding Earning Assets Q2- 16 Q3- 16 Q4- 16 Q1- 17 Q2- 17 Q3- 17 Q4- 17 Q1- 18 Q2- 18 Q3- 18 Q4- 18 Q1- 19 Q2- 19 Q3- 19 Q4- 19 Q1- 20 Q2- 20 Q3- 20 Q4- 20 Q1- 21 Q2- 21 Q3- 21 Q4- 21 Q1- 22 Q2- 22 Q3- 22 Q4- 22 Q1- 23 Q2- 23 Q3- 23 Q4- 23 Q1- 24 Q2- 24 Q3- 24 Q4- 24 Q1- 25 —% 1.00% 2.00% 3.00% 4.00% 5.00% Investment Portfolio effective duration = 3.7 41% of loan portfolio is variable

 
0.62 0.57 0.54 0.44 0.46 0.43 0.47 2019 2020 2021 2022 2023 2024 Mar-25 YTD 0.40% 0.45% 0.50% 0.55% 0.60% 0.65% Noninterest Income(1) / Assets 2.87 2.53 2.41 2.51 2.52 2.58 2.54 2019 2020 2021 2022 2023 2024 Mar-25 YTD 2.00% 2.50% 3.00% 3.50% Noninterest Expense(1) / Assets (1) Excludes non-core items. See appendix for reconciliation of non-GAAP items. (dollars in thousands) 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 Service fees and charges $ 1,254 $ 1,239 $ 1,291 $ 1,334 $ 1,309 Bank card fees 1,575 1,751 1,613 1,586 1,578 Gain on sale of loans 87 126 195 62 377 Loss on sale of assets, net 6 (2) (10) 39 9 Other 627 641 603 608 736 Total noninterest income $ 3,549 $ 3,755 $ 3,692 $ 3,629 $ 4,009 (dollars in thousands) 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 Compensation $ 12,170 $ 12,788 $ 13,058 $ 13,314 $ 12,652 Data processing 2,514 2,555 2,646 2,526 2,642 Occupancy 2,454 2,603 2,732 2,342 2,561 Provision for unfunded — (134) — 240 — Other 3,730 3,996 3,822 3,933 3,724 Total noninterest expense $ 20,868 $ 21,808 $ 22,258 $ 22,355 $ 21,579 Noninterest expense excl. provision for unfunded $ 20,868 $ 21,942 $ 22,258 $ 22,115 $ 21,579 Noninterest Income & Expense | 22

 
0.84 0.88 0.91 0.93 1.00 1.01 0.54 0.20 0.22 0.22 0.23 0.25 0.25 0.27 0.21 0.22 0.23 0.23 0.25 0.25 0.27 0.21 0.22 0.23 0.23 0.25 0.25 0.22 0.22 0.23 0.24 0.25 0.26 Q1 Q2 Q3 Q4 2019 2020 2021 2022 2023 2024 2025 0.00 0.50 1.00 1.50 Dividends Per Share 27.22 29.60 34.00 29.57 29.20 34.45 38.44 40.13 Tangible book value 2019 2020 2021 March 2022 2022 2023 2024 March 2025 20 25 30 35 40 Tangible Book Value Share Repurchase Activity Year # Shares Average Price Cash Utilized 2019 419,498 $ 36.82 $ 15,444,895 2020 530,504 26.41 14,011,605 2021 246,012 36.18 8,900,409 2022 288,350 39.30 11,333,399 2023 164,272 32.01 5,257,822 2024 124,634 37.79 4,710,202 2025 (as of 4/17/2025) 297,193 43.82 13,022,065 Total 2,070,463 $ 35.10 $ 72,680,397 Capital | 23 ~ 14,619 shares remaining in current plans as of April 17, 2025 New Share Repurchase Plan approved 400,000 shares 16% Shares repurchased since 2019 7.7% CAGR TBV / share since 2019 Cash acquisition - Texan Bank Cash dividend of 0.27 per share payable on May 16, 2025 *payable in May 2025 *

 
9.8 10.4 11.0 11.4 11.5 14.7 12.4 13.0 13.3 13.3 15.9 13.6 14.2 14.5 14.6 Tier 1 leverage capital Common equity tier 1 Total risk-based capital 2021 2022 2023 2024 1Q 2025 0% 5% 10% 15% 20% Capital Ratios (Bank only) Capital | 24 Home Bank, N.A. Home Bancorp, Inc. As Reported Including AOCI (1) As Reported Including AOCI (1) Common Equity Tier 1 capital 13.3% 12.5% 11.9% 11.0% Tier 1 risk based capital 13.3% 12.5% 11.9% 11.0% Total risk based capital 14.6% 13.7% 15.0% 14.1% Tier 1 leverage capital 11.5% 10.7% 10.2% 9.5% (1) Assumes AOCI adjustments related to market valuations on securities and interest rate derivatives are included for regulatory capital calculations. Regulatory Capital and Adjusted Capital as of March 31, 2025

 
Investment Perspective | 25

 
| 26

 
4Q 2023 1Q 2024 2Q 2024 3Q 2024 4Q 2024 1Q 2025 Total shareholders' equity $ 367,444 $ 372,285 $ 375,830 $ 393,453 $ 396,088 $ 402,831 Less: intangible assets 86,372 86,019 85,690 85,361 85,044 84,751 Non-GAAP tangible shareholders' equity $ 281,072 $ 286,266 $ 290,140 $ 308,092 $ 311,044 $ 318,080 Reported net income $ 9,385 $ 9,199 $ 8,118 $ 9,437 $ 9,673 $ 10,964 Add: amortization CDI, net tax 298 279 261 259 250 231 Non-GAAP tangible net income $ 9,683 $ 9,478 $ 8,379 $ 9,696 $ 9,923 $ 11,195 Return on average equity 10.6 % 10.0 % 8.8 % 9.8 % 9.7 % 11.0 % Add: intangible assets 3.9 3.4 2.9 3.1 3.0 3.3 Non-GAAP return on tangible common equity 14.5 % 13.4 % 11.7 % 12.9 % 12.7 % 14.3 % Book value per share $ 45.04 $ 45.73 $ 46.51 $ 48.75 $ 48.95 $ 50.82 Less: intangible assets 10.59 10.56 10.61 10.58 10.51 10.69 Non-GAAP tangible book value per share $ 34.45 $ 35.17 $ 35.90 $ 38.17 $ 38.44 $ 40.13 Reported net income $ 9,385 $ 9,199 $ 8,118 $ 9,437 $ 9,673 $ 10,964 Less: PPP loan income 22 22 20 35 12 17 Less: gain (loss) on sale of assets (7) 6 (2) (10) 39 9 Less: loan discount accretion 583 525 490 452 421 356 Add: provision for loan losses 665 141 1,261 140 873 394 Add: provision (reversal) for credit losses on unfunded commitments 140 — (134) — 240 — Add: CDI amortization 377 353 330 328 317 293 Total non-core items, net of taxes 461 (47) 750 (7) 757 241 Core pre-provision net income (1) $ 9,846 $ 9,152 $ 8,868 $ 9,430 $ 10,430 $ 11,205 Appendix (non-GAAP reconciliation) | 27 (dollars in thousands, except per share data) (1) Core pre-provision net income - removes the impact of one time items, PPP income, provision for credit losses, loan discount accretion and CDI.

 
2019 2020 2021 2022 2023 2024 Mar-25 YTD Total shareholders' equity $ 316,329 $ 321,842 $ 351,903 $ 329,954 $ 367,444 $ 396,088 $ 402,831 Less: intangible assets 64,472 63,112 61,949 87,973 86,372 85,044 84,751 Non-GAAP tangible shareholders' equity $ 251,857 $ 258,730 $ 289,954 $ 241,981 $ 281,072 $ 311,044 $ 318,080 Reported net income $ 27,932 $ 24,765 $ 48,621 $ 34,072 $ 40,240 $ 36,427 $ 10,964 Add: amortization CDI, net tax 1,251 1,074 919 1,266 1,264 1,049 231 Non-GAAP tangible income $ 29,183 $ 25,839 $ 49,540 $ 35,338 $ 41,504 $ 37,476 $ 11,195 Return on average equity 9.0 % 7.8 % 14.4 % 10.2 % 11.6 % 9.6 % 11.0 % Add: intangible assets 2.8 2.4 3.6 3.7 4.4 3.1 3.3 Non-GAAP return on tangible common equity 11.8 % 10.2 % 18.0 % 13.9 % 16.0 % 12.7 % 14.3 % Originated loans $ 1,251,201 $ 1,625,139 $ 1,593,769 $ 1,961,425 $ 2,169,500 $ 2,354,927 $ 2,394,114 Acquired loans 463,160 354,815 246,324 469,325 412,138 363,258 353,163 Total loans $ 1,714,361 $ 1,979,954 $ 1,840,093 $ 2,430,750 $ 2,581,638 $ 2,718,185 $ 2,747,277 Originated NPAs $ 16,421 $ 10,353 $ 8,348 $ 4,489 $ 6,518 $ 10,970 $ 15,591 Acquired NPAs 12,121 9,628 6,116 6,487 3,871 4,638 5,880 Total NPAs $ 28,542 $ 19,981 $ 14,464 $ 10,976 $ 10,389 $ 15,608 $ 21,471 Originated past due loans $ 16,541 $ 12,070 $ 9,071 $ 6,215 $ 7,864 $ 15,681 $ 19,044 Acquired past due loans 13,098 8,335 6,146 3,683 5,569 4,920 5,430 Total past due loans $ 29,639 $ 20,405 $ 15,217 $ 9,898 $ 13,433 $ 20,601 $ 24,474 Average assets $ 2,198,483 $ 2,491,612 $ 2,765,878 $ 3,178,862 $ 3,262,820 $ 3,386,721 $ 3,449,472 Less: average PPP loans — 169,665 169,149 15,691 5,997 4,436 1,320 Average assets excluding PPP loans $ 2,198,483 $ 2,321,947 $ 2,596,729 $ 3,163,171 $ 3,256,823 $ 3,382,285 $ 3,448,152 Appendix (non-GAAP reconciliation) | 28 (dollars in thousands)

 
2019 2020 2021 2022 2023 2024 Mar-25 YTD Reported noninterest income $ 14,415 $ 14,305 $ 16,271 $ 13,885 $ 14,636 $ 14,625 $ 4,009 Less: BOLI benefit 1,194 — 1,717 — — — — Less: gain (loss) on sale of securities — — — — (249) — — Less: gain (loss) on sale of assets (347) — (504) 26 (27) 33 9 Non-GAAP noninterest income $ 13,568 $ 14,305 $ 15,058 $ 13,859 $ 14,912 $ 14,592 $ 4,000 Reported noninterest expense $ 63,605 $ 62,981 $ 66,982 $ 81,909 $ 82,841 $ 87,289 $ 21,579 Less: lease termination 291 — — — — — — Less: severance pay 287 — — — — — — Less: one-time foreclosed asset recovery — — — — 739 — — Less: merger-related expenses — — 299 1,971 — — — Non-GAAP noninterest expense $ 63,027 $ 62,981 $ 66,683 $ 79,938 $ 82,102 $ 87,289 $ 21,579 Reported net income $ 27,932 $ 24,765 $ 48,621 $ 34,072 $ 40,240 $ 36,427 $ 10,964 Less: PPP loan income — 5,895 13,208 1,359 95 89 17 Less: Write of FDIC loss share receivable (680) — — — — — — Less: BOLI benefit 1,194 — 1,717 — — — — Less: gain (loss) on sale of assets (347) — (504) 26 (27) 33 9 Less: gain (loss) on sale of securities — — — — (249) — — Less: loan discount accretion 3,503 4,097 2,361 2,933 2,532 1,888 356 Add: provision (reversal) for loan losses 3,014 12,728 (10,161) 7,489 2,341 2,415 394 Add: provision for credit losses on unfunded commitments — — 390 278 501 106 — Add: CDI amortization 1,583 1,360 1,163 1,602 1,601 1,328 293 Add: lease termination 291 — — — — — — Add: severance pay 287 — — — — — — Add: one-time foreclosed asset recovery — — — — (739) — — Add: merger-related expenses — — 299 1,971 — — — Non-core items, net of taxes 1,189 3,236 (19,822) 5,547 1,069 1,453 241 Core pre-provision net income (1) $ 29,121 $ 28,001 $ 28,799 $ 39,619 $ 41,309 $ 37,880 $ 11,205 (1) Core pre-provision net income - removes the impact of one time items, PPP income, provision for credit losses, loan discount accretion and CDI. Appendix (non-GAAP reconciliation) | 29 (dollars in thousands)

 
2019 2020 2021 1Q2022 2022 2023 2024 1Q2025 Total shareholders' equity $ 316,329 $ 321,842 $ 351,903 $ 337,504 $ 329,954 $ 367,444 $ 396,088 $ 402,831 Less: intangible assets 64,472 63,112 61,949 87,569 87,973 86,372 85,044 84,751 Non-GAAP tangible shareholders' equity $ 251,857 $ 258,730 $ 289,954 $ 249,935 $ 241,981 $ 281,072 $ 311,044 $ 318,080 Shares Outstanding 9,252,418 8,740,104 8,526,907 8,453,014 8,286,084 8,158,281 8,091,522 7,926,331 Book value per share $ 34.19 $ 36.82 $ 41.27 $ 39.93 $ 39.82 $ 45.04 $ 48.95 $ 50.82 Less: intangible assets 6.97 7.22 7.27 10.36 10.62 10.59 10.51 10.69 Non-GAAP tangible book value per share $ 27.22 $ 29.60 $ 34.00 $ 29.57 $ 29.20 $ 34.45 $ 38.44 $ 40.13 Appendix (non-GAAP reconciliation) | 30 (dollars in thousands except for per share data)