Exhibit 99.1 FOR RELEASE: Tuesday, July 29, 2025 at 4:30 PM (Eastern) HOME FEDERAL BANCORP, INC. OF LOUISIANA REPORTS RESULTS OF OPERATIONS FOR THE THREE MONTHS AND YEAR ENDED JUNE 30, 2025 Shreveport, Louisiana – July 29, 2025 – Home Federal Bancorp, Inc. of Louisiana (the "Company") (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended June 30, 2025, of $1.2 million compared to net income of $638,000 reported for the three months ended June 30, 2024. The ...

Core Viewpoint - Home Federal Bancorp, Inc. of Louisiana reported a significant increase in net income for both the quarterly and annual periods ending June 30, 2025, driven by higher net interest income and non-interest income, despite increases in tax provisions and some expenses [1][3]. Financial Performance - For the three months ended June 30, 2025, net income was $1.2 million, up from $638,000 in the same period of 2024, with earnings per share increasing to $0.39 from $0.21 [1]. - For the year ended June 30, 2025, net income rose to $3.9 million from $3.6 million in 2024, with earnings per share increasing to $1.27 from $1.18 [1][3]. Income Sources - The increase in net income for the three months was primarily due to a $612,000 (14.2%) rise in net interest income and a $173,000 (34.2%) increase in non-interest income, partially offset by a $188,000 (101.1%) rise in income tax provision [2]. - For the year, the increase in net income was attributed to a $421,000 (26.6%) rise in non-interest income and a $166,000 recovery in credit losses, despite a $290,000 (60.9%) increase in income tax provision [3]. Interest Income and Expenses - The average interest rate spread improved to 2.89% for the three months ended June 30, 2025, compared to 2.15% in 2024, while the net interest margin increased to 3.52% from 2.91% [2]. - For the year, the average interest rate spread was 2.55%, up from 2.38%, and the net interest margin was 3.23%, compared to 3.08% in the previous year [3]. Asset and Liability Management - Total assets decreased by $28.0 million (4.4%) from $637.5 million at June 30, 2024, to $609.5 million at June 30, 2025, primarily due to a $17.6 million (50.4%) decrease in cash and cash equivalents [9]. - Total liabilities decreased by $30.4 million (5.2%) from $584.7 million to $554.3 million, with total deposits declining by $27.7 million (4.8%) [10]. Stockholders' Equity - Stockholders' equity increased by $2.4 million (4.5%) from $52.8 million at June 30, 2024, to $55.2 million at June 30, 2025, driven by net income and a decrease in accumulated other comprehensive loss [12]. Non-Performing Assets - Non-performing assets rose to $3.3 million at June 30, 2025, from $1.9 million at June 30, 2024, indicating a deterioration in asset quality [11].

SHREVEPORT, La., July 23, 2025 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the “Company”) (NASDAQ: HFBL), the holding company for Home Federal Bank, announced today that its Board of Directors at their meeting on July 23, 2025, declared a quarterly cash dividend of $0.135 per share on the Company’s common stock. The dividend is payable on August 18, 2025, to the shareholders of record at the close of business on August 4, 2025. James R. Barlow, Chairman of the Board, President and Chief Exe ...

Financial Performance - Net interest income increased to $4,674 thousand for the three months ended March 31, 2025, compared to $4,404 thousand for the same period in 2024, reflecting a growth of about 6.1%[12] - Net income for the three months ended March 31, 2025, was $748 thousand, slightly up from $732 thousand in the same period of 2024, indicating a year-over-year increase of 2.2%[12] - Non-interest income rose to $538 thousand for the three months ended March 31, 2025, compared to $506 thousand for the same period in 2024, marking an increase of about 6.3%[12] - Total non-interest expense rose to $4,251 thousand for the three months ended March 31, 2025, compared to $3,991 thousand for the same period in 2024, an increase of 6.5%[12] - The company reported a total comprehensive income of $1,317 thousand for the three months ended March 31, 2025, compared to $231 thousand for the same period in 2024, indicating a significant increase[15] - Net income for the nine months ended March 31, 2025, was $2,708,000, compared to $2,955,000 for the same period in 2024, reflecting a decrease of approximately 8.4%[23] Assets and Equity - Total assets decreased to $619,624 thousand as of March 31, 2025, from $637,512 thousand on June 30, 2024, representing a decline of approximately 2.8%[9] - Total stockholders' equity increased to $54,719 thousand as of March 31, 2025, from $52,803 thousand on June 30, 2024, reflecting a growth of approximately 3.6%[8] - The total balance of stockholders' equity as of March 31, 2025, was $54,719,000, an increase from $52,550,000 as of June 30, 2023[20] Deposits and Cash Flow - Total deposits decreased to $556,763 thousand as of March 31, 2025, from $574,007 thousand on June 30, 2024, a reduction of approximately 3.0%[8] - The company reported a net decrease in deposits of $17,244,000 for the nine months ended March 31, 2025, compared to a decrease of $18,480,000 in 2024[25] - Total cash and cash equivalents at the end of the period were $30,439,000, down from $34,948,000 at the beginning of the period, indicating a decrease of about 14.3%[25] - The net cash provided by operating activities was $4,452,000 for the nine months ended March 31, 2025, significantly higher than $460,000 for the same period in 2024[23] Credit Losses and Allowance - The allowance for credit losses was $4,632 thousand as of March 31, 2025, compared to $4,574 thousand as of June 30, 2024, indicating a slight increase in credit risk management[12] - The Company recorded an increase in the allowance for credit losses of $359,000 upon the adoption of ASU 2016-13 on July 1, 2023[74] - The ACL for off-balance sheet credit exposures is recorded in other liabilities, representing expected losses in unfunded loan commitments[56] - The Company evaluates qualitative factors for ACL adjustments, including changes in lending policy and overall business conditions[55] Loans and Securities - Total loans receivable decreased from $475,524,000 on June 30, 2024, to $463,045,000 on March 31, 2025, reflecting a decline of approximately 2.8%[90] - The net loans receivable as of March 31, 2025, stood at $458,301,000 after accounting for an allowance for credit losses of $4,632,000[90] - Total securities available-for-sale as of March 31, 2025, had a fair value of $32,149,000, with gross unrealized losses of $2,638,000[77] - The total amortized cost of available-for-sale securities was $34,751,000, with a fair value of $32,149,000, resulting in unrealized losses of $2,602,000[80] Risk Management and Future Outlook - The company has plans for market expansion and new product development to enhance its competitive position in the industry[103] - Future outlook includes a focus on improving risk management strategies and enhancing customer engagement through technology[103] - The company is exploring potential mergers and acquisitions to drive growth and increase market share[103] Miscellaneous - The Company follows GAAP set by the FASB to ensure consistent reporting of financial condition and results of operations[29] - The financial statements are unaudited, indicating a need for further verification of the reported figures[106] - The Company follows the provisions of ASC 740 for income tax recognition and measurement[65]

Financial Performance - Net income for the three months ended March 31, 2025, was $748,000, a slight increase from $732,000 for the same period in 2024[1] - Basic and diluted earnings per share for the three months ended March 31, 2025, were $0.24, unchanged from the same period in 2024[1] - Net income for the nine months ended March 31, 2025, decreased to $2.7 million from $3.0 million for the same period in 2024[1] - Non-interest income for the nine months ended March 31, 2025, increased by $248,000, or 23.0%, compared to the same period in 2024[3] - Net income for the nine-month period was $2.7 million, down from $2.955 million in the previous year, indicating a decrease of 8.4%[19] - Total interest income decreased to $22.824 million for the nine months ended March 31, 2025, compared to $24.044 million for the same period in 2024, a decline of 5.1%[19] Asset and Liability Management - Total assets decreased by $17.9 million, or 2.8%, from $637.5 million at June 30, 2024, to $619.6 million at March 31, 2025[8] - Total liabilities decreased by $19.8 million, or 3.4%, from $584.7 million at June 30, 2024, to $564.9 million at March 31, 2025[9] - Total deposits decreased by $17.2 million, or 3.0%, from $574.0 million at June 30, 2024, to $556.8 million at March 31, 2025[9] - Total assets decreased to $619.624 million as of March 31, 2025, from $637.512 million at June 30, 2024, a reduction of 2.8%[17] - Total deposits declined to $556.763 million as of March 31, 2025, from $574.007 million at June 30, 2024, a decrease of 3.0%[17] Equity and Book Value - Book value per share increased to $17.55 at March 31, 2025, from $16.80 at June 30, 2024[4] - Shareholders' equity rose by $1.9 million, or 3.6%, from $52.8 million at June 30, 2024, to $54.7 million at March 31, 2025[12] Credit Quality - As of March 31, 2025, non-performing assets increased to $3.0 million from $1.9 million at June 30, 2024, representing a 57.9% increase[10] - Non-performing assets as a percentage of total assets increased to 0.49% as of March 31, 2025, from 0.37% at June 30, 2024[20] - The allowance for credit losses as a percentage of total loans receivable was 1.00% as of March 31, 2025, up from 0.97% at June 30, 2024[20] Interest Income and Rates - Net interest income for the three months ended March 31, 2025, increased by $270,000, or 6.1%, compared to the same period in 2024[2] - Average interest rate spread improved to 2.66% for the three months ended March 31, 2025, compared to 2.16% for the same period in 2024[2] - The average interest rate spread improved to 2.66% for the three months ended March 31, 2025, compared to 2.16% for the same period in 2024[20] - Basic earnings per share remained stable at $0.24 for the three months ended March 31, 2025, consistent with the same period in 2024[19]

Core Viewpoint - Home Federal Bancorp, Inc. of Louisiana reported a slight increase in net income for the three months ended March 31, 2025, compared to the same period in 2024, but a decrease in net income for the nine months ended March 31, 2025, compared to the prior year period Financial Performance - Net income for the three months ended March 31, 2025, was $748,000, up from $732,000 for the same period in 2024 [1] - Basic and diluted earnings per share remained at $0.24 for the three months ended March 31, 2025, consistent with the same period in 2024 [1] - Net income for the nine months ended March 31, 2025, was $2.7 million, down from $3.0 million for the same period in 2024 [1] - Basic and diluted earnings per share for the nine months ended March 31, 2025, were $0.88 compared to $0.97 and $0.95 for the same period in 2024 [1] Income and Expense Analysis - The increase in net income for the three months ended March 31, 2025, was primarily due to a $270,000 (6.1%) increase in net interest income and a $32,000 (6.3%) increase in non-interest income [2] - The decrease in net income for the nine months ended March 31, 2025, was mainly due to an $891,000 (6.1%) decrease in net interest income and a $102,000 (35.2%) increase in the provision for income taxes [3] - Non-interest expense increased by $260,000 (6.5%) for the three months ended March 31, 2025, primarily due to higher data processing and occupancy expenses [8] Interest Income and Expense - Total interest income for the three months ended March 31, 2025, was $7.425 million, down from $7.890 million in 2024 [22] - Total interest expense decreased to $2.751 million for the three months ended March 31, 2025, from $3.486 million in 2024 [22] - The average interest rate spread improved to 2.66% for the three months ended March 31, 2025, compared to 2.16% for the same period in 2024 [23] Asset and Liability Management - Total assets decreased by $17.9 million (2.8%) from $637.5 million at June 30, 2024, to $619.6 million at March 31, 2025 [9] - Total liabilities decreased by $19.8 million (3.4%) from $584.7 million at June 30, 2024, to $564.9 million at March 31, 2025 [11] - Total deposits decreased by $17.2 million (3.0%) from $574.0 million at June 30, 2024, to $556.8 million at March 31, 2025 [11] Shareholders' Equity - Shareholders' equity increased by $1.9 million (3.6%) from $52.8 million at June 30, 2024, to $54.7 million at March 31, 2025 [13] - Book value per share increased to $17.55 at March 31, 2025, from $16.80 at June 30, 2024 [6] Asset Quality - Non-performing assets increased to $3.0 million at March 31, 2025, from $1.9 million at June 30, 2024 [12] - The allowance for credit losses as a percentage of total loans receivable was 1.00% at March 31, 2025, compared to 0.97% at June 30, 2024 [23]

Financial Performance - Net interest income for the three months ended December 31, 2024, was $4,600,000, down from $4,903,000 for the same period in 2023, a decrease of about 6.2%[10] - Net income for the three months ended December 31, 2024, was $1,020,000, compared to $1,003,000 for the same period in 2023, reflecting a slight increase of 1.7%[10] - Non-interest income for the three months ended December 31, 2024, was $488,000, compared to $137,000 for the same period in 2023, indicating a significant increase of 255.5%[10] - Total non-interest expense for the three months ended December 31, 2024, was $3,836,000, down from $4,249,000 for the same period in 2023, a decrease of about 9.7%[10] - Net income for the six months ended December 31, 2024, was $1,961,000, compared to $2,223,000 for the same period in 2023, indicating a decrease of about 11.8%[21] - The company reported a net cash provided by operating activities of $3,461,000 for the six months ended December 31, 2024, compared to a net cash used of $190,000 in the same period of 2023[21] - The total comprehensive income for the three months ended December 31, 2024, was $8,000, compared to $2,347,000 for the same period in 2023, indicating a significant decrease[12] - The total comprehensive income for the six months ended December 31, 2024, included an unrealized loss on debt securities of $10,000, compared to an unrealized gain of $532,000 in the same period of 2023[22] Assets and Liabilities - Total assets decreased from $637,512,000 on June 30, 2024, to $607,763,000 on December 31, 2024, representing a decline of approximately 4.7%[8] - Total deposits decreased from $574,007,000 on June 30, 2024, to $546,544,000 on December 31, 2024, a reduction of approximately 4.8%[8] - Total cash and cash equivalents at the end of the period were $19,540,000, down from $34,948,000 at the beginning of the period, representing a decrease of approximately 44%[22] - Total liabilities decreased by $30.9 million, or 5.3%, from $584.7 million at June 30, 2024 to $553.8 million at December 31, 2024[176] - Shareholders' equity increased by $1.1 million, or 2.1%, from $52.8 million at June 30, 2024 to $53.9 million at December 31, 2024, driven by net income of $2.0 million[177] Loans and Credit Quality - As of December 31, 2024, total loans receivable amounted to $463.5 million, a decrease from $475.5 million as of June 30, 2024, representing a decline of approximately 2.2%[94] - The net loans receivable after allowance for credit losses was $458.7 million at December 31, 2024, compared to $470.9 million at June 30, 2024, indicating a reduction of about 2.6%[94] - The allowance for credit losses increased from $4.57 million as of June 30, 2024, to $4.75 million as of December 31, 2024, marking an increase of approximately 4.0%[94] - The overall financial health of the loan portfolio appears stable, with a majority of loans rated as "Pass" across all categories[107] - As of December 31, 2024, total past due loans amounted to $6,052,000, with $1,822,000 being more than 90 days past due, representing a significant increase from $2,900,000 total past due loans as of June 30, 2024[114] Earnings Per Share - Basic earnings per share for the three months ended December 31, 2024, remained stable at $0.33, unchanged from the same period in 2023[10] - Basic and diluted earnings per share for the six months ended December 31, 2024, were $0.64, down from $0.73 for the same period in 2023[70] - Diluted earnings per share for the six months ended December 31, 2024, was $0.64, compared to $0.72 for the same period in 2023, indicating a decrease of approximately 11.1%[124] Credit Losses and Provisions - The provision for credit losses for the three months ended December 31, 2024, was a recovery of $45,000, compared to a recovery of $16,000 for the same period in 2023[10] - The company recognized no interest income on non-accrual loans for the six months ended December 31, 2024, and the potential gross interest income that could have been recorded was approximately $54,000[114] Regulatory and Compliance - Home Federal Bank's common equity tier 1 ratio was 13.23% at December 31, 2024, exceeding minimum capital requirements[178] - The Bank's tangible common equity tier 1 ratio was 13.23% as of December 31, 2024, exceeding regulatory capital requirements[202] Miscellaneous - The Company has implemented the current expected credit loss (CECL) model effective July 1, 2023, to estimate the allowance for credit losses (ACL) on loans[45] - The Company held no trading securities as of December 31, 2024, and June 30, 2024[37] - The Bank's investment in Federal Home Loan Bank (FHLB) stock is reflected at cost, as required by FHLB membership[40] - The Company has one wholly-owned subsidiary, Metro Financial Services, Inc., which does not currently engage in a meaningful amount of business[30]

Financial Performance - The Company reported net income of $1.02 million for the three months ended December 31, 2024, a slight increase from $1.00 million for the same period in 2023[1]. - For the six months ended December 31, 2024, net income was $2.0 million, down from $2.2 million in the prior year[1]. - Net income for the six-month period ending December 31, 2024, was $2.0 million, compared to $2.2 million for the same period in 2023, reflecting a decrease of approximately 11.74%[21]. Income and Expenses - Non-interest expense decreased by $413,000, or 9.7%, for the three months ended December 31, 2024, primarily due to reductions in various expense categories[2]. - Non-interest income increased by $351,000, or 256.2%, for the three months ended December 31, 2024, mainly due to a decrease in loss on sale of real estate[2]. - Total interest income for the six months ended December 31, 2024, was $15.4 million, down from $16.2 million in the same period of 2023, a decline of about 4.68%[21]. Assets and Liabilities - Total assets decreased by $29.7 million, or 4.7%, from $637.5 million at June 30, 2024, to $607.8 million at December 31, 2024[9]. - Total liabilities decreased by $30.9 million, or 5.3%, from $584.7 million at June 30, 2024, to $553.8 million at December 31, 2024[10]. - Total assets decreased from $637.5 million at June 30, 2024, to $607.8 million at December 31, 2024, a decline of approximately 4.65%[19]. - Total deposits decreased from $574.0 million at June 30, 2024, to $546.5 million at December 31, 2024, a reduction of about 4.77%[19]. Asset Quality - Nonperforming assets totaled $1.8 million, or 0.30% of total assets, at December 31, 2024, unchanged from June 30, 2024[4]. - As of December 31, 2024, non-performing assets decreased to $1.8 million from $1.9 million as of June 30, 2024, representing a reduction of approximately 5.26%[11]. - The allowance for credit losses as a percentage of total loans receivable was 1.02% as of December 31, 2024, compared to 1.00% at June 30, 2024[22]. Shareholder Equity - Shareholders' equity increased by $1.1 million, or 2.1%, from $52.8 million at June 30, 2024, to $53.9 million at December 31, 2024[13]. - Book value per share increased to $17.22 at December 31, 2024, from $16.73 at June 30, 2024[22]. Interest Rates - The average interest rate spread was 2.40% for the three months ended December 31, 2024, compared to 2.45% for the same period in 2023[2]. - The Company's net interest margin was 3.12% for the three months ended December 31, 2024, down from 3.14% in the prior year[2]. - The average interest rate spread for the three months ended December 31, 2024, was 2.40%, slightly down from 2.45% in the same period of 2023[22]. Return on Assets - The return on average assets for the six months ended December 31, 2024, was 0.62%, compared to 0.67% for the same period in 2023[22].

Core Viewpoint - Home Federal Bancorp, Inc. of Louisiana reported a slight increase in net income for the three months ended December 31, 2024, compared to the same period in 2023, but a decrease in net income for the six months ended December 31, 2024, compared to the prior year [1][3]. Financial Performance - For the three months ended December 31, 2024, net income was $1.02 million, up from $1.00 million in the same period of 2023, with earnings per share remaining stable at $0.33 [1]. - For the six months ended December 31, 2024, net income decreased to $2.0 million from $2.2 million in the same period of 2023, with earnings per share dropping from $0.73 to $0.64 [1][3]. Income and Expense Analysis - The increase in net income for the three months ended December 31, 2024, was primarily due to a decrease in non-interest expense by $413,000 (9.7%) and an increase in non-interest income by $351,000 (256.2%) [2]. - The decrease in net income for the six months ended December 31, 2024, was mainly due to a decline in net interest income by $1.2 million (11.4%) and an increase in provision for income taxes by $71,000 (62.3%) [3]. Interest Income and Expense - For the three months ended December 31, 2024, total interest income was $7.658 million, down from $8.080 million in the same period of 2023, while total interest expense decreased slightly from $3.177 million to $3.058 million [23]. - The average interest rate spread for the three months ended December 31, 2024, was 2.40%, compared to 2.45% for the same period in 2023 [24]. Asset and Liability Management - Total assets decreased by $29.7 million (4.7%) from $637.5 million at June 30, 2024, to $607.8 million at December 31, 2024, primarily due to a reduction in cash and cash equivalents and net loans receivable [10]. - Total liabilities decreased by $30.9 million (5.3%) from $584.7 million at June 30, 2024, to $553.8 million at December 31, 2024, with total deposits declining by $27.5 million (4.8%) [11]. Shareholders' Equity - Shareholders' equity increased by $1.1 million (2.1%) from $52.8 million at June 30, 2024, to $53.9 million at December 31, 2024, driven by net income and other equity transactions [13]. Asset Quality - Non-performing assets totaled $1.8 million (0.30% of total assets) at December 31, 2024, unchanged from June 30, 2024 [6][12]. - The allowance for credit losses as a percentage of non-performing loans was 260.70% at December 31, 2024, compared to 226.50% at June 30, 2024 [25].

Financial Performance - Net income for the three months ended September 30, 2024, was $941,000, compared to $1,220,000 for the same period in 2023, reflecting a decline of approximately 22.93%[8]. - Basic earnings per share for the three months ended September 30, 2024, was $0.31, compared to $0.40 for the same period in 2023, a decrease of 22.5%[7]. - Net interest income after recovery of credit losses for the three months ended September 30, 2024, was $4,650,000, down from $5,284,000 for the same period in 2023, a decrease of about 11.99%[7]. - Total non-interest income for the three months ended September 30, 2024, was $300,000, down from $434,000 in the same period of 2023, a decrease of about 30.9%[7]. - The company reported a recovery of credit losses of $(223,000) for the three months ended September 30, 2024, compared to no recovery in the same period of 2023[7]. - The total comprehensive income for the three months ended September 30, 2024, included an unrealized loss on securities available-for-sale of $1,002,000[10]. - Other comprehensive income for the three months ended September 30, 2024, was $1,002,000, compared to a loss of $812,000 for the same period in 2023, indicating a significant improvement[8]. Assets and Liabilities - Total assets decreased from $637,512,000 on June 30, 2024, to $628,404,000 on September 30, 2024, representing a decline of approximately 1.7%[5]. - Total liabilities decreased from $584,709,000 on June 30, 2024, to $574,137,000 on September 30, 2024, a reduction of approximately 1.0%[5]. - Total stockholders' equity increased from $52,803,000 on June 30, 2024, to $54,267,000 on September 30, 2024, an increase of about 2.77%[5]. - Cash and cash equivalents at the end of the period rose to $41,044,000, compared to $8,878,000 at the end of the same period in 2023, indicating a significant increase of approximately 362%[12]. - Total deposits decreased from $574,007,000 on June 30, 2024, to $564,560,000 on September 30, 2024, a decline of approximately 1.3%[5]. Loan Portfolio - Total loans receivable decreased to $458.8 million from $475.5 million, representing a decline of approximately 3.5%[69]. - The net loans receivable after allowance for credit losses is $454.0 million, down from $470.9 million, indicating a reduction of about 3.6%[69]. - The total mortgage loans amount to $410.2 million, a decrease from $425.0 million, reflecting a decline of approximately 3.5%[69]. - The total risk-rated loans across all categories were $458.829 million, with a significant portion rated as pass at $447.121 million, demonstrating overall sound credit quality[81]. - The company reported no current period gross charge-offs across all loan categories, indicating effective risk management[78][79][80][81]. Credit Quality and Allowance for Credit Losses - The allowance for credit losses increased to $4.7 million from $4.6 million, showing a slight increase of about 2.8%[69]. - The company has maintained a strong credit quality with minimal special mention and substandard ratings across all loan categories, ensuring a robust financial position[78][80][81]. - The allowance for credit losses (ACL) is determined for two distinct categories of loans: collectively evaluated loans and individually evaluated loans[27]. - The ACL for loans is an estimate of expected losses to be realized over the life of the loans in the portfolio[27]. - The company reported recoveries of $352,000 for the three months ended September 30, 2024, compared to $13,000 for the same period in 2023, showing a significant increase[95]. Regulatory and Compliance - The Bank is subject to federal regulation by the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency[17]. - The Bank's common equity tier 1 capital ratio was 13.19% at September 30, 2024, exceeding minimum capital requirements[148]. - The Bank exceeded all capital requirements with common equity tier 1 and tier 1 capital ratios of 13.19% as of September 30, 2024[166]. Market and Investment - The company has off-balance sheet mortgage loan commitments totaling $13,644,000, with a fair value equal to the carrying amount[120]. - The fair value of loans receivable is estimated at $419,441,000, down from a carrying value of $454,039,000[120]. - The fair value of securities available-for-sale is $29,934,000, consistent with its carrying value[120]. - The company monitors its investment portfolio for unrealized losses to determine if any securities should be considered other than temporarily impaired[67].