Home Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
January 29, 2019 at 06:00 pm IST
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Home Bancorp, Inc. announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced net interest income was USD 22.655 million compared to USD 20.026 million a year ago. Net income was USD 8.089 million compared to USD 3.242 million a year ago. Basic earnings per share was USD 0.89 compared to USD 0.43 a year ago. Diluted earnings per share was USD 0.87 compared to USD 0.41 a year ago. For the full year, net interest income was USD 92.006 million compared to USD 67.849 million a year ago. Net income was USD 31.590 million compared to USD 16.824 million a year ago. Basic earnings per share was USD 3.48 compared to USD 2.36 a year ago. Diluted earnings per share was USD 3.4 compared to USD 2.28 a year ago.
Home Bancorp, Inc. is the holding company for Home Bank, N.A. (the Bank). The Bank is a wholly owned subsidiary of the Company, conducts business through approximately 42 banking offices in the Acadiana, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana, the Natchez region of west Mississippi and the Houston region of Texas. The Bank is primarily engaged in attracting deposits from the general public and using those funds to invest in loans and securities. The Bankâs principal sources of funds are customer deposits, repayments of loans, repayments of investments and funds borrowed from outside sources such as the Federal Home Loan Bank (FHLB) of Dallas. These funds are primarily used for the origination of loans, including one-to four-family first mortgage loans, home equity loans and lines, commercial real estate loans, construction and land loans, multifamily residential loans, commercial and industrial loans, and consumer loans.
HOME BANCORP, INC. 
