Profile: Home Bancorp Inc (HBCP.O)
28 Jul 2017
Home Bancorp, Inc., incorporated on May 1, 2008, is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi. The Bank is engaged in attracting deposits from the general public and using those funds to invest in loans and securities. The Bank originates loans, including one- to four-family first mortgage loans, home equity loans and lines, construction and land loans, multi-family residential loans and consumer loans.
The Bank's lending activities include loans secured by commercial real estate loans, and commercial and industrial loans. In addition to commercial real estate and commercial and industrial loans, the Bank holds a portfolio of construction and land loans. As of December 31, 2016, its total loans were $1.2 billion.
The Bank's investment securities portfolio of include the United States agency mortgage-backed, non-United States agency mortgage-backed, municipal bonds and the United States Government agency. Its investment securities are classified as available for sale and held to maturity. As of December 31, 2016, the Bank's total investment securities were $197.07 million.
Sources of Funds
Deposits, loan repayments and prepayments, proceeds from investment securities sales, calls, maturities and paydowns, cash flows generated from operations and Federal Home Loan Bank (FHLB) advances are the Bank's main, ongoing sources of funds for use in lending, investing and for other general purposes. The Bank offers a range of deposit accounts with a range of interest rates and terms. Its deposits consist of checking, both interest-bearing and noninterest-bearing, money market, savings, demand, negotiable order of withdrawal (NOW) and certificate of deposit accounts. As of December 31, 2016, its total deposits were $1.2 billion.
Home Bancorp Inc
503 Kaliste Saloom Rd
LAFAYETTE LA 70508-4203