HOME FEDERAL BANCORP, INC. OF LOUISIANA REPORTS RESULTS OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED DECEMBER 31, 2025

Core Viewpoint - Home Federal Bancorp, Inc. of Louisiana reported significant increases in net income and earnings per share for the three and six months ended December 31, 2025, compared to the same periods in 2024, driven by higher net interest income and non-interest income, alongside a reduction in non-interest expenses [1][2][3]. Financial Performance - For the three months ended December 31, 2025, net income was $1.675 million, up from $1.020 million in 2024, with basic and diluted earnings per share increasing to $0.55 and $0.54, respectively, from $0.33 [1]. - For the six months ended December 31, 2025, net income reached $3.274 million, compared to $1.961 million in 2024, with basic and diluted earnings per share at $1.09 and $1.07, respectively, up from $0.64 [1]. Income Sources - The increase in net income for the three months ended December 31, 2025, was attributed to a $777,000 (16.9%) rise in net interest income and a $150,000 (30.7%) increase in non-interest income, despite a $43,000 (1.1%) decrease in non-interest expenses [2]. - For the six months ended December 31, 2025, net interest income increased by $1.612 million (17.9%) and non-interest income rose by $500,000 (63.5%), while non-interest expenses decreased by $202,000 (2.6%) [3]. Interest Income and Expenses - The increase in net interest income for the three months ended December 31, 2025, was due to a $405,000 (5.3%) rise in total interest income and a $372,000 (12.2%) decrease in total interest expense [2]. - The average interest rate spread improved to 3.03% for the three months ended December 31, 2025, compared to 2.40% in 2024, while the net interest margin increased to 3.67% from 3.12% [2]. Asset and Liability Management - Total assets increased by $11.957 million (2.0%) from $609.492 million at June 30, 2025, to $621.449 million at December 31, 2025, primarily due to a $10.529 million (2.3%) increase in net loans receivable [10]. - Total liabilities rose by $9.413 million (1.7%) from $554.287 million at June 30, 2025, to $563.700 million at December 31, 2025, driven by an $8.587 million (1.6%) increase in total deposits [11]. Stockholders' Equity - Stockholders' equity increased by $2.544 million (4.6%) from $55.205 million at June 30, 2025, to $57.749 million at December 31, 2025, supported by net income and proceeds from stock options [13]. Asset Quality - Non-performing assets decreased to $2.533 million at December 31, 2025, from $3.305 million at June 30, 2025, indicating improved asset quality [12].