HOME BANCORP ANNOUNCES 2025 FOURTH QUARTER RESULTS AND DECLARES A QUARTERLY DIVIDEND

Core Viewpoint - Home Bancorp, Inc. reported a net income of $11.4 million for the fourth quarter of 2025, reflecting an 8% decrease from the previous quarter, primarily due to lower loan yields and increased nonperforming assets [1][2]. Financial Performance - The Company’s net income for Q4 2025 was $11.4 million, or $1.46 per diluted share, down from $12.4 million, or $1.59 per diluted share in Q3 2025 [1]. - Net interest income for Q4 2025 totaled $34.0 million, a slight decrease of $58,000 from the prior quarter [6]. - The net interest margin (NIM) decreased to 4.06% from 4.10% in Q3 2025, attributed to lower yields on interest-earning assets [6][20]. Loan and Deposit Growth - Total loans reached $2.7 billion at December 31, 2025, an increase of $38.1 million, or 1%, from September 30, 2025 [4][6]. - Core deposits increased by $24.5 million, or 1%, during Q4 2025, totaling $2.2 billion [6][15]. - Total deposits were $3.0 billion, down $2.7 million, or less than 1%, from the previous quarter [6][15]. Credit Quality - Nonperforming assets rose to $36.1 million, or 1.03% of total assets, up $5.2 million, or 17%, from the previous quarter [6][8]. - The Company recorded a provision for loan losses of $480,000 in Q4 2025, compared to a reversal of provision in Q3 2025 [9][25]. Investment Securities - The investment securities portfolio totaled $392.5 million at December 31, 2025, an increase of $8.1 million, or 2%, from September 30, 2025 [12]. - The Company had a net unrealized loss of $23.4 million on its investment securities, improved from a loss of $26.5 million in the prior quarter [12]. Shareholder Returns - The Board of Directors declared a quarterly cash dividend of $0.31 per share, unchanged from the previous quarter [27]. - The Company repurchased 750 shares at an average price of $59.97 during Q4 2025, with 390,222 shares remaining eligible for purchase under the repurchase plan [28]. Capital and Liquidity - Shareholders' equity increased to $435.1 million, up $12.1 million, or 3%, compared to the previous quarter [26]. - The Tier 1 leverage capital ratio was 11.84% and the total risk-based capital ratio was 15.29% at December 31, 2025 [26].