# HOME BANCORP, INC. (HBCP)

Informational only - not investment advice.

CIK: 0001436425
SIC: 6036 Savings Institutions, Not Federally Chartered
SIC breadcrumb: [Finance, Insurance, And Real Estate](/division/H/) > [Depository Institutions](/major-group/60/) > [SIC 6036 Savings Institutions, Not Federally Chartered](/industry/6036/)
Latest 10-K filed: 2026-03-06
SEC page: https://www.sec.gov/edgar/browse/?CIK=1436425
Filing source: https://www.sec.gov/Archives/edgar/data/1436425/000162828026015669/hbcp-20251231.htm

## At a glance

FY2025 · period end 2025-12-31 · filed 2026-03-06 · accession 0001628280-26-015669 · source: https://data.sec.gov/api/xbrl/companyfacts/CIK0001436425.json

| Metric | Value | FY | Provenance |
| --- | ---: | ---: | --- |
| Revenue | 193,772,000 USD | 2025 | verified |
| Net income | 46,062,000 USD | 2025 | verified |
| Assets | 3,492,626,000 USD | 2025 | verified |
| Free cash flow | 44,342,000 USD | 2025 | computed |
| Net margin | 23.77% | 2025 | computed |
| Revenue YoY | +4.87% | 2025 | computed |
| ROE | 10.59% | 2025 | computed |

Computed values are grepcent-computed from the verified facts above and may differ from ratios the company itself reports. Free cash flow = operating cash flow − capital expenditures. Net margin = net income ÷ revenue. Revenue YoY = FY2025 revenue ÷ FY2024 revenue − 1 (consecutive fiscal years only). ROE = net income ÷ period-end stockholders' equity.

No market price, no rating, no forecast on this site. Not investment advice.

### Peer percentile fingerprint

| Ratio | HBCP | Peer median | Percentile | N |
| --- | ---: | ---: | ---: | ---: |
| Net margin | 23.8% | 17.7% | 80 | 16 |
| Revenue growth | 4.9% | 8.5% | 20 | 16 |
| FCF margin | 22.9% | 23.0% | 46 | 14 |
| ROE | 10.6% | 7.3% | 60 | 16 |
| ROA | 1.3% | 1.0% | 87 | 16 |
| Liabilities / equity | 7.03 | 7.69 | 40 | 16 |

Percentile = share of the N covered peers reporting that ratio whose value is lower (ties counted half); computed among grepcent-covered companies in SIC industry 6036 Savings Institutions, Not Federally Chartered, not the whole market. A higher percentile means a higher value of the ratio, not a better company. Ratios with fewer than 8 reporting peers are omitted. Latest reported values per company; fiscal periods may differ. Descriptive arithmetic - not a score, rating, or ranking.

## Selected Fundamentals
| Metric | Value | Unit | FY | Filed |
| --- | ---: | --- | ---: | --- |
| Revenue | 193772000 | USD | 2025 | 2026-03-06 |
| Net income | 46062000 | USD | 2025 | 2026-03-06 |
| Assets | 3492626000 | USD | 2025 | 2026-03-06 |

## Financials

Annual standardized facts from SEC companyfacts as of latest extracted filing date 2026-03-06. Source: https://data.sec.gov/api/xbrl/companyfacts/CIK0001436425.json. Derived margins, ratios, and free cash flow are computed from the extracted annual SEC facts.

| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | 67,684,000 | 74,398,000 | 102,312,000 | 102,208,000 | 104,129,000 | 106,902,000 | 125,930,000 | 163,663,000 | 184,767,000 | 193,772,000 |
| Net income | 16,008,000 | 16,824,000 | 31,590,000 | 27,932,000 | 24,765,000 | 48,621,000 | 34,072,000 | 40,240,000 | 36,427,000 | 46,062,000 |
| Diluted EPS | 2.25 | 2.28 | 3.40 | 3.05 | 2.85 | 5.77 | 4.16 | 4.99 | 4.55 | 5.87 |
| Operating cash flow | 20,488,000 | 24,752,000 | 47,128,000 | 43,938,000 | 49,030,000 | 55,715,000 | 51,199,000 | 41,356,000 | 48,731,000 | 54,508,000 |
| Capital expenditures | 4,112,000 | 1,915,000 | 5,010,000 | 3,840,000 | 2,147,000 | 2,472,000 | 2,706,000 | 2,022,000 | 4,057,000 | 10,166,000 |
| Dividends paid | 2,988,000 | 4,070,000 | 6,706,000 | 7,898,000 | 7,903,000 | 7,867,000 | 7,777,000 | 8,222,000 | 8,189,000 | 8,988,000 |
| Share buybacks | 357,000 | 70,000 | 1,194,000 | 15,445,000 | 14,013,000 | 8,900,000 | 11,333,000 | 5,259,000 | 4,774,000 | 14,355,000 |
| Assets | 1,556,732,033 | 2,228,121,000 | 2,153,658,000 | 2,200,465,000 | 2,591,850,000 | 2,938,244,000 | 3,228,280,000 | 3,320,122,000 | 3,443,668,000 | 3,492,626,000 |
| Liabilities | 1,376,889,009 | 1,950,250,000 | 1,849,618,000 | 1,884,136,000 | 2,270,008,000 | 2,586,341,000 | 2,898,326,000 | 2,952,678,000 | 3,047,580,000 | 3,057,532,000 |
| Stockholders' equity | 179,843,000 | 277,871,000 | 304,040,000 | 316,329,000 | 321,842,000 | 351,903,000 | 329,954,000 | 367,444,000 | 396,088,000 | 435,094,000 |
| Free cash flow | 16,376,000 | 22,837,000 | 42,118,000 | 40,098,000 | 46,883,000 | 53,243,000 | 48,493,000 | 39,334,000 | 44,674,000 | 44,342,000 |

### Ratios

ROE and ROA use period-end equity/assets. Liabilities / equity uses total liabilities divided by stockholders' equity. Current ratio uses current assets divided by current liabilities when both are reported.

| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Net margin | 23.65% | 22.61% | 30.88% | 27.33% | 23.78% | 45.48% | 27.06% | 24.59% | 19.72% | 23.77% |
| Return on equity | 8.90% | 6.05% | 10.39% | 8.83% | 7.69% | 13.82% | 10.33% | 10.95% | 9.20% | 10.59% |
| Return on assets | 1.03% | 0.76% | 1.47% | 1.27% | 0.96% | 1.65% | 1.06% | 1.21% | 1.06% | 1.32% |
| Liabilities / equity | 7.66 | 7.02 | 6.08 | 5.96 | 7.05 | 7.35 | 8.78 | 8.04 | 7.69 | 7.03 |

## As-reported value updates

No tracked differences above grepcent's stated thresholds and capped precision rule were found between the earliest XBRL-filed value and the value currently on file for the standardized annual metrics grepcent tracks.


## Quarterly

Quarterly standardized facts from SEC companyfacts as of latest extracted filing date 2026-08-03. Source: https://data.sec.gov/api/xbrl/companyfacts/CIK0001436425.json.

Flow metrics use discrete quarter-length periods from 10-Q/10-Q/A filings. Q4 revenue and net income are derived only when annual FY and nine-month YTD facts exist for the same fiscal year; derived Q4 values are labeled. EPS Q4 is not derived.

| Quarter | End date | Revenue | Net income | Diluted EPS | Method |
| --- | --- | ---: | ---: | ---: | --- |
| 2022-Q3 | 2022-09-30 |  |  | 1.28 | reported discrete quarter |
| 2023-Q1 | 2023-03-31 |  |  | 1.39 | reported discrete quarter |
| 2023-Q2 | 2023-06-30 |  |  | 1.21 | reported discrete quarter |
| 2023-Q3 | 2023-09-30 | 42,078,000 | 9,754,000 | 1.22 | reported discrete quarter |
| 2023-Q4 | 2023-12-31 | 43,399,000 | 9,385,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2024-Q1 | 2024-03-31 | 44,126,000 | 9,199,000 | 1.14 | reported discrete quarter |
| 2024-Q2 | 2024-06-30 | 45,458,000 | 8,118,000 | 1.02 | reported discrete quarter |
| 2024-Q3 | 2024-09-30 | 47,379,000 | 9,437,000 | 1.18 | reported discrete quarter |
| 2024-Q4 | 2024-12-31 | 47,804,000 | 9,673,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2025-Q1 | 2025-03-31 | 47,201,000 | 10,964,000 | 1.37 | reported discrete quarter |
| 2025-Q2 | 2025-06-30 | 48,629,000 | 11,330,000 | 1.45 | reported discrete quarter |
| 2025-Q3 | 2025-09-30 | 49,222,000 | 12,357,000 | 1.59 | reported discrete quarter |
| 2025-Q4 | 2025-12-31 | 48,720,000 | 11,411,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2026-Q1 | 2026-03-31 | 47,740,000 | 11,360,000 | 1.45 | reported discrete quarter |
| 2026-Q2 | 2026-06-30 | 49,219,000 | 11,615,000 | 1.48 | reported discrete quarter |

## Filed narrative (10-K & 10-Q)

## Business

Verbatim Item 1 Business section from HBCP's latest 10-K: [/company/HBCP/business/](/company/HBCP/business/).

## Risk Factors

Verbatim Item 1A Risk Factors from HBCP's latest 10-K: [/company/HBCP/risk-factors/](/company/HBCP/risk-factors/).

## Latest quarter (10-Q)

Latest 10-Q source: https://www.sec.gov/Archives/edgar/data/1436425/000162828026051688/hbcp-20260630.htm

Extracted structurally from real Item 2 body heading to real Item 3/4 boundary. Published MD&A gate trimmed front/tail over-capture.
Confidence: high
Filing date: 2026-08-03
Report date: 2026-06-30

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

The purpose of this discussion and analysis is to focus on significant changes in the financial condition of the Company and the Bank from December 31, 2025 through June 30, 2026 and on its results of operations for the three and six months ended June 30, 2026 and 2025. This discussion and analysis is intended to highlight and supplement information presented elsewhere in this quarterly report on Form 10-Q, particularly the consolidated financial statements and related notes appearing in Item 1.

Forward-Looking Statements

To the extent that statements in this Form 10-Q relate to future plans, objectives, financial results or performance of the Company or Bank, these statements are deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements, which are based on management’s current information, estimates and assumptions and the current economic environment, are generally identified by the use of words such as “plan”, “believe”, “expect”, “intend”, “anticipate”, “estimate”, “project” or similar expressions, or by future or conditional terms such as “will”, “would”, “should”, “could”, “may”, “likely”, “probably”, or “possibly”. The Company’s or the Bank’s actual strategies and results in future periods may differ materially from those currently expected due to various risks and uncertainties. Certain risks, uncertainties and other factors, including those set forth under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the SEC for the year ended December 31, 2025 and any subsequent Quarterly Report on Form 10-Q or Current Report on Form 8-K, may cause actual results to differ materially from the results discussed in the forward-looking statements appearing in this discussion and analysis and may include factors such as, but not limited to, our lending activities, our use of municipal deposits as a source of funds, credit quality and risk, industry and technological changes, cyber incidents or other failures, disruptions or security breaches, interest rates, commercial and residential real estate values, economic and market conditions in the markets we operate in or generally in the United States, funds availability, accounting estimates and risk management processes, legislative and regulatory changes, the fair values of our acquired assets and our investment securities portfolio, business strategy execution, key personnel, competition, mortgage markets, fraud, environmental liability and severe weather, natural disasters, acts of war or terrorism or other external events. The Company 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.

EXECUTIVE OVERVIEW

The Company reported net income for the second quarter of 2026 of $11.6 million, or $1.48 diluted EPS, up $285,000, or 2.5%, compared to the second quarter of 2025. Net income for the second quarter of 2025 totaled $11.3 million, or $1.45 diluted EPS. For the six months ended June 30, 2026, the Company reported net income $23.0 million, or $2.93 diluted EPS, up $681,000 from $22.3 million, or $2.82 diluted EPS, reported for the six months ended June 30, 2025.

33

Key components of the Company’s performance during the three and six months ended June 30, 2026 include:

•Assets increased $110.6 million, or 3.2%, from December 31, 2025 to $3.6 billion at June 30, 2026.

•Total loans were $2.8 billion at June 30, 2026, up $34.9 million, or 1.3%, from December 31, 2025.

•During the three and six months ended June 30, 2026, the Company provisioned $762,000 and $1,684,000, respectively, to the ALL, primarily due to loan growth and net charge-offs. During the three and six months ended June 30, 2025, the Company provisioned $489,000 and $883,000, respectively, to the ALL.

•The ALL totaled $34.0 million, or 1.22% of total loans, at June 30, 2026 compared to $33.1 million, or 1.21% of total loans, at December 31, 2025. The ACL, which is comprised of the ALL plus the allowance for unfunded lending commitments, totaled $35.6 million, or 1.28% of total loans, at June 30, 2026 compared to $34.8 million, or 1.27% of total loans, at December 31, 2025.

•Nonperforming assets ("NPAs") increased $3.1 million, or 8.6%, from $36.1 million, or 1.03% of total assets, at December 31, 2025 to $39.2 million, or 1.09% of total assets, at June 30, 2026. The increase in NPAs during the six months ended June 30, 2026 was primarily attributable to multiple loan relationships (with the largest relationship totaling $1.3 million) moving to nonaccrual status during 2026, which was partially offset by paydowns.

•Total deposits amounted to $3.1 billion at June 30, 2026, an increase of $96.1 million, or 3.2%, from December 31, 2025.

•The net interest margin was 4.24% and 4.20% for the three and six months ended June 30, 2026, respectively, up 20 bps and 22 bps from the three and six months ended June 30, 2025. The increase was primarily due to a decline in the average cost of interest-bearing liabilities.

•The average rate paid on total interest-bearing deposits was 2.28% and 2.29% for the three and six months ended June 30, 2026, respectively, down 24 bps and 23 bps from the three and six months ended June 30, 2025.

•Total interest expense was $13.4 million and $26.7 million for the three and six months ended June 30, 2026, respectively, down $1.9 million, or 12.2% and down $4.1 million, or 13.2% from the three and six months ended June 30, 2025.

•Noninterest income for the second quarter of 2026 was $3.9 million, up $203,000, or 5.5%, compared to the second quarter of 2025, primarily due to increases in gain on sale of loans (up $115,000), service fees and charges (up $62,000), and other income (up $50,000), which were partially offset by a decrease in bank card fees (down $32,000). For the six months ended June 30, 2026, noninterest income was down $68,000, or 0.9%, from the comparable period in 2025 primarily due to decreases in other income (down $216,000) and gain on sale of loans (down $32,000), which were partially offset by an increase in service fees and charges (up $190,000).

•Noninterest expense for the second quarter of 2026 was $24.6 million, up $2.1 million, or 9.6%, compared to the second quarter of 2025, primarily due to an increase in compensation and benefits (up $1.7 million) and the absence of a reversal to the ACL on unfunded commitments ($970,000), which were partially offset by decreases in other expenses (down $445,000) and franchise and shares tax (down $143,000). For the six months ended June 30, 2026, noninterest expense was up $3.5 million, or 8.0%, from the comparable period in 2025 primarily due to an increase in compensation and benefits (up $2.8 million) and the absence of a reversal to the ACL on unfunded commitments ($970,000), partially offset by a decrease in franchise and shares tax (down $279,000).

FINANCIAL CONDITION

Loans, Allowance for Credit Losses and Asset Quality

Loans

Total loans at June 30, 2026 were $2.8 billion, up $34.9 million, or 1.3%, from December 31, 2025.

34

The following table summarizes the composition of the Company’s loan portfolio as of the dates indicated.

[[GREPCENT_TABLE]]
[["(dollars in thousands)","","June 30, 2026","","December 31, 2025","","Increase/(Decrease)"],["Real estate loans:"],["One-to four-family first mortgage","","$","475,602","","","$","493,446","","","$","(17,844)","","","(3.6)","%"],["Home equity loans and lines","","90,529","","","92,574","","","(2,045)","","","(2.2)"],["Commercial real estate","","1,215,828","","","1,190,388","","","25,440","","","2.1"],["Construction and land","","323,541","","","329,227","","","(5,686)","","","(1.7)"],["Multi-family residential","","197,624","","","177,825","","","19,799","","","11.1"],["Total real estate loans","","2,303,124","","","2,283,460","","","19,664","","","0.9","%"],["Other loans:"],["Commercial and industrial","","446,352","","","430,517","","","15,835","","","3.7"],["Consumer","","29,414","","","30,046","","","(632)","","","(2.1)"],["Total other loans","","475,766","","","460,563","","","15,203","","","3.3"],["Total loans","","$","2,778,890","","","$","2,744,023","","","$","34,867","","","1.3","%"]]
[[/GREPCENT_TABLE]]

Allowance for Credit Losses

The ACL which equals the sum of the ALL and the ACL on unfunded lending commitments, is established through provisions for credit losses. Management recalculates the ACL at least quarterly to reassess the estimate of credit losses for the total portfolio at the relevant reporting date. Under ASC Topic 326, the ACL is measured on a pool basis when similar risk characteristics exist. For each pool of loans, management also evaluates and applies qualitative adjustments to the calculated ACL based on several factors, including, but not limited to, changes in current and expected future economic conditions, changes in industry experience and industry loan concentrations, changes in the volume and severity of NPAs, changes in lending policies and personnel and changes in the competitive and regulatory environment of the banking industry. Loans that do not share similar risk characteristics are individually evaluated and are excluded from the pooled loan analysis.

The ACL policy described above is supplemented by periodic reviews and validations performed by independent loan reviewers. The results of the reviews are reported to the Audit Committee of the Board of Directors. The establishment of the ACL is significantly affected by management judgment. There is likelihood that different amounts would be reported under different conditions or assumptions. Federal regulatory agencies, as an integral part of their examination process, periodically review our ACL. Such agencies may require management to make additional provisions for estimated losses based upon judgments different from those of management.

We continue to monitor and modify our ACL as conditions warrant. No assurance can be given that our level of ACL will cover all of the losses on our loans or that future adjustments to the ACL will not be necessary if economic and other conditions differ substantially from the assumptions used by management to determine the current level of the ACL.

At June 30, 2026, the ALL totaled $34.0 million, or 1.22% of total loans, up $852,000 from $33.1 million, or 1.21% of total loans, at December 31, 2025. During the six months ended June 30, 2026, the Company provisioned $1.7 million to the ALL primarily due to loan growth and net charge-offs. Net loan charge-offs totaled $832,000 for the six months ended June 30, 2026.

Asset Quality

One of management’s key objectives has been, and continues to be, maintaining a high level of asset quality. In addition to maintaining credit standards for new loan originations, we proactively monitor loans and collection and workout processes of delinquent or problem loans. When a borrower fails to make a scheduled payment, we attempt to cure the deficiency by making personal contact with the borrower. Initial contacts are generally made within 10 days after the date payment is due. In most cases, deficiencies are promptly resolved. If the delinquency continues, late charges are assessed and additional efforts are made to collect the deficiency. All loans which are designated as “special mention,” classified or which are delinquent 90 days or more are reported to the Board of Directors of the Bank monthly. For loans where the collection of principal or interest payments is doubtful, the accrual of interest income ceases. It is our policy, with certain limited exceptions, to discontinue accruing interest and reverse any interest accrued on any loan which is 90 days or more past due. On occasion, this action may be taken earlier if the fin

[Excerpt truncated for page length; source filing is linked above.]

## Latest 10-K MD&A (excerpt)

Latest 10-K Item 7 source: https://www.sec.gov/Archives/edgar/data/1436425/000162828026015669/hbcp-20251231.htm
Complete FY 2025 MD&A: /company/HBCP/mda/fy2025/

Extracted structurally from real Item 7 body heading to real Item 7A/8 boundary.
Confidence: high
Filing date: 2026-03-06
Report date: 2025-12-31

Item 7.    Management’s Discussion and Analysis of Financial Condition and Results of Operations.

MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following is an analysis and discussion of the financial condition and results of operations of Home Bancorp, Inc. (the “Company”), and its wholly owned subsidiary, Home Bank, N.A. (the “Bank”). This discussion and analysis should be read in conjunction with our Consolidated Financial Statements and related notes included herein in Part II, Item 8, “Financial Statements and Supplementary Data” and the description of our business included herein in Part 1, Item 1 “Business”.

EXECUTIVE OVERVIEW

The Company reported net income for 2025 of $46.1 million, or $5.87 diluted EPS compared to $36.4 million, or $4.55 diluted EPS, reported for 2024. Key components of the Company's performance in 2025 are summarized below.

•Assets increased $49.0 million, or 1.4%, from December 31, 2024 to $3.5 billion at December 31, 2025.

•Loans increased by $25.8 million, or 1.0%, from December 31, 2024 to $2.7 billion at December 31, 2025.

•During the year ended December 31, 2025, the Company provisioned $1.1 million of the allowance for loan losses compared to a $2.4 million provisioned for the year ended December 31, 2024.

•The allowance for loan losses ("ALL") totaled $33.1 million, or 1.21% of total loans, at December 31, 2025. The allowance for credit losses ("ACL"), which is comprised of the allowance for loan losses plus the allowance for unfunded lending commitments, totaled $34.8 million, or 1.27% of total loans, at December 31, 2025.

•Total deposits increased $192.1 million, or 6.9%, from December 31, 2024 to $3.0 billion at December 31, 2025, primarily due to increases in certificate of deposits, money market accounts, and demand deposit accounts.

•The Company repurchased 321,590 shares of common stock at an average price of $44.30 per share during 2025.

•The net interest margin was 4.03% for the year ended December 31, 2025, up 32 bps compared to 2024, primarily due to a decline in the average cost of interest-bearing liabilities and an increase in the average yield earned on interest-earning assets during 2025.

•The average rate paid on total interest-bearing deposits during 2025 was 2.53%, down 13 bps compared to 2024.

•Noninterest income increased $836,000, or 5.7%, in 2025 compared to 2024, primarily due to an increase in gain on sale of loans, service fees and charges, and bank card fees, which were partially offset by a decrease in gain on sale of assets.

•Noninterest expense increased $2.3 million, or 2.6%, in 2025 compared to 2024, primarily due to an increase in compensation and benefits and other expenses, which were partially offset by a reversal in the provision for credit losses on unfunded commitments.

19

SELECTED FINANCIAL DATA

Set forth below is selected summary historical financial and other data of the Company. When you read this summary historical financial data, it is important that you also read the historical financial statements and related notes contained in Item 8 of this Form 10-K. Taxable equivalent (“TE”) ratios have been calculated using a marginal tax rate of 21%.

[[GREPCENT_TABLE]]
[["","","As of December 31,"],["(dollars in thousands)","","2025","","2024","","2023","","2022","","2021"],["Selected Financial Condition Data:"],["Total assets","","$","3,492,626","","","$","3,443,668","","","$","3,320,122","","","$","3,228,280","","","$","2,938,244"],["Cash and cash equivalents","","141,605","","","98,548","","","75,831","","","87,401","","","601,443"],["Interest-bearing deposits in banks","","\u2014","","","\u2014","","","99","","","349","","","349"],["Investment securities:"],["Available for sale","","391,448","","","402,792","","","433,926","","","486,518","","","327,632"],["Held to maturity","","1,065","","","1,065","","","1,065","","","1,075","","","2,102"],["Loans receivable, net","","2,710,881","","","2,685,269","","","2,550,101","","","2,401,451","","","1,819,004"],["Intangible assets","","83,957","","","85,044","","","86,372","","","87,973","","","61,949"],["Deposits","","2,972,806","","","2,780,696","","","2,670,624","","","2,633,181","","","2,535,849"],["Other borrowings","","\u2014","","","5,539","","","5,539","","","5,539","","","5,539"],["Subordinated debt, net of issuance cost","","54,675","","","54,459","","","54,241","","","54,013","","","\u2014"],["Federal Home Loan Bank advances","","3,024","","","175,546","","","192,713","","","176,213","","","26,046"],["Shareholders\u2019 equity","","435,094","","","396,088","","","367,444","","","329,954","","","351,903"]]
[[/GREPCENT_TABLE]]

[[GREPCENT_TABLE]]
[["","","For the Years Ended December 31,"],["(dollars in thousands, except per share data)","","2025","","2024","","2023","","2022","","2021"],["Selected Operating Data:"],["Interest income","","$","193,772","","","$","184,767","","","$","163,663","","","$","125,930","","","$","106,902"],["Interest expense","","60,518","","","64,505","","","42,971","","","7,915","","","5,913"],["Net interest income","","133,254","","","120,262","","","120,692","","","118,015","","","100,989"],["Provision (reversal) for loan losses","","1,134","","","2,415","","","2,341","","","7,489","","","(10,161)"],["Net interest income after provision for loan losses","","132,120","","","117,847","","","118,351","","","110,526","","","111,150"],["Noninterest income","","15,461","","","14,625","","","14,636","","","13,885","","","16,271"],["Noninterest expense","","89,563","","","87,289","","","82,841","","","81,909","","","66,982"],["Income before income taxes","","58,018","","","45,183","","","50,146","","","42,502","","","60,439"],["Income taxes","","11,956","","","8,756","","","9,906","","","8,430","","","11,818"],["Net income","","$","46,062","","","$","36,427","","","$","40,240","","","$","34,072","","","$","48,621"],["Earnings per share - basic","","$","5.93","","","$","4.58","","","$","5.02","","","$","4.19","","","$","5.80"],["Earnings per share - diluted","","$","5.87","","","$","4.55","","","$","4.99","","","$","4.16","","","$","5.77"],["Cash dividends per share","","$","1.14","","","$","1.01","","","$","1.00","","","$","0.93","","","$","0.91"]]
[[/GREPCENT_TABLE]]

[[GREPCENT_TABLE]]
[["","","As of or For the Years Ended December 31,"],["","","2025","","2024","","2023","","2022","","2021"],["Selected Operating Ratios: (1)"],["Average yield on interest-earning assets(TE)","","5.88","%","","5.74","%","","5.28","%","","4.19","%","","4.11","%"],["Average rate on interest-bearing liabilities","","2.68","","","2.90","","","2.08","","","0.41","","","0.35"],["Average interest rate spread(TE)(2)","","3.20","","","2.84","","","3.20","","","3.78","","","3.76"],["Net interest margin(TE)(3)","","4.03","","","3.71","","","3.89","","","3.92","","","3.88"],["Average interest-earning assets to average interest-bearing liabilities","","144.80","","","143.29","","","148.73","","","154.87","","","152.48"]]
[[/GREPCENT_TABLE]]

20

[[GREPCENT_TABLE]]
[["","","As of or For the Years Ended December 31,"],["","","2025","","2024","","2023","","2022","","2021"],["Noninterest expense to average assets","","2.58","","","2.58","","","2.54","","","2.58","","","2.42"],["Efficiency ratio(4)","","60.22","","","64.71","","","61.21","","","62.10","","","57.12"],["Return on average assets","","1.33","","","1.08","","","1.23","","","1.07","","","1.76"],["Return on average common equity","","11.14","","","9.56","","","11.59","","","10.16","","","14.38"],["Return on average tangible common equity (Non-GAAP)(7)","","14.25","","","12.68","","","15.95","","","13.93","","","17.98"],["Common stock dividend payout ratio","","19.42","","","22.20","","","20.04","","","22.36","","","15.77"],["Average equity to average assets","","11.91","","","11.26","","","10.64","","","10.55","","","12.22"],["Book value per common share","","$","55.56","","","$","48.95","","","$","45.04","","","$","39.82","","","$","41.27"],["Tangible book value per common share (Non-GAAP)(8)","","","44.84","","","","38.44","","","","34.45","","","","29.20","","","","34.00"],["Asset Quality Ratios: (5)"],["Non-performing loans as a percent of total loans receivable","","1.25","%","","0.50","%","","0.34","%","","0.43","%","","0.72","%"],["Non-performing assets as a percent of total assets","","1.03","","","0.45","","","0.31","","","0.34","","","0.49"],["Allowance for loan losses as a percent of non-performing loans as of end of period","","97.0","","","242.1","","","357.8","","","278.6","","","158.9"],["Allowance for loan losses as a percent of net loans as of end of period","","1.21","","","1.21","","","1.22","","","1.15","","","1.15"],["Capital Ratios: (5) (6)"],["Tier 1 risk-based capital ratio","","14.09","%","","13.28","%","","12.98","%","","12.43","%","","14.66","%"],["Leverage capital ratio","","11.84","","","11.38","","","10.98","","","10.43","","","9.77"],["Total risk-based capital ratio","","15.29","","","14.51","","","14.23","","","13.63","","","15.85"]]
[[/GREPCENT_TABLE]]

(1)With the exception of end-of-period ratios, all ratios are based on average daily balances during the respective periods.

(2)Average interest rate spread represents the difference between the average yield on interest-earning assets and the average rate paid on interest-bearing liabilities.

(3)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%.

(4)The efficiency ratio represents noninterest expense as a percentage of total revenues. Total revenues is the sum of net interest income and noninterest income.

(5)Asset quality and capital ratios are end-of-period ratios.

(6)Capital ratios are for Home Bank only.

(7)Tangible calculation eliminates goodwill, core deposit intangible and the corresponding amortization expense, net of tax.

(8)Tangible calculation eliminates goodwill and core deposit intangible.

This contains financial information prepared other than in accordance with GAAP. The Company uses these non-GAAP financial measures in its analysis of the Company’s performance. Management believes that the non-GAAP information provides useful data in understanding the Company’s operations and in comparing the Company’s results to peers. This non-GAAP information should be considered in addition to the Company’s financial information prepared in accordance with GAAP, and is not a substitute for, or superior to, GAAP results. A reconciliation of GAAP to non-GAAP disclosures is included in the table below.

21

Non-GAAP Reconciliation

[[GREPCENT_TABLE]]
[["","","As of or For the Years Ended December 31,"],["(dollars in thousands, except per share data)","","2025","","2024","","2023","","2022","","2021"],["Book value per common share","","$","55.56","","","$","48.95","","","$","45.04","","","$","39.82","","","$","41.27"],["Less: Intangibles","","10.72","","","10.51","","","10.59","","","10.62","","","7.27"],["Tangible book value per common share","","44.84","","","38.44","","","34.45","","","29.20","","","34.00"],["Net Income","","46,062","","","36,427","","","40,240","","","34,072","","","48,621"],["Add: CDI amortization, net of tax","","859","","","1,049","","","1,264","","","1,266","","","919"],["Non-GAAP tangible income","","46,921","","","37,476","","","41,504","","","35,338","","","49,540"],["Return on common equity","","11.14","%","","9.56","%","","11.59","%","","10.16","%","","14.38","%"],["Add: Intangibles","","3.11","","","3.12","","","4.36","","","3.77","","","3.60"],["Return on average tangible common equity","","14.25","%","","12.68","%","","15.95","%","","13.93","%","","17.98","%"]]
[[/GREPCENT_TABLE]]

CRITICAL ACCOUNTING ESTIMATES

SEC guidance requires disclosure of “critical accounting estimates.” The SEC defines “critical accounting estimates” as those estimates made in accordance with generally accepted accoun

[Excerpt truncated for page length; the complete text is on the linked full-MD&A page.]

Read the full FY 2025 MD&A: /company/HBCP/mda/fy2025/
All MD&A years: /company/HBCP/mda/


## MD&A history

Prior-year 10-K MD&A spans are extracted from SEC filings with the same bounded parser used for the latest filing. Each year's full verbatim text is on its own sub-page.

- [FY 2024 MD&A](/company/HBCP/mda/fy2024/): filed 2025-03-12; accession 0001436425-25-000012 (https://www.sec.gov/Archives/edgar/data/1436425/000143642525000012/hbcp-20241231.htm)
- [FY 2023 MD&A](/company/HBCP/mda/fy2023/): filed 2024-03-08; accession 0001436425-24-000009 (https://www.sec.gov/Archives/edgar/data/1436425/000143642524000009/hbcp-20231231.htm)
- [FY 2022 MD&A](/company/HBCP/mda/fy2022/): filed 2023-03-09; accession 0001436425-23-000011 (https://www.sec.gov/Archives/edgar/data/1436425/000143642523000011/hbcp-20221231.htm)
- [FY 2021 MD&A](/company/HBCP/mda/fy2021/): filed 2022-03-10; accession 0001436425-22-000009 (https://www.sec.gov/Archives/edgar/data/1436425/000143642522000009/hbcp-20211231.htm)




## Macro cross-references

Indicators mapped to this company's SIC classification (industry 6036 Savings Institutions, Not Federally Chartered) by grepcent's deterministic macro-sector crosswalk. A navigational mapping, not a statistical or causal claim.

- [FEDFUNDS](/indicator/FEDFUNDS/): Federal Funds Effective Rate
- [DFEDTARU](/indicator/DFEDTARU/): Federal Funds Target Range - Upper Limit
- [DGS2](/indicator/DGS2/): Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity
- [DGS10](/indicator/DGS10/): Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity
- [T10Y2Y](/indicator/T10Y2Y/): 10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity

Macro-to-micro threads including this sector: [Interest rates & the Fed](/thread/interest-rates-fed/), [Money & trade](/thread/money-trade/), [Consumer & credit](/thread/consumer-credit/), [Government finances](/thread/government-finances/), [Sector employment](/thread/sector-employment/).

All macro indicators: /indicators/


## For LLMs & downloads

Markdown twin: /company/HBCP.md · JSON record: /company/HBCP.json · verified financials: /company/HBCP/financials.json / /company/HBCP/financials.csv · machine TOC for the whole site: /llms.txt