Forward Looking Statements This presentation and other communications by the Bank and its management may include certain statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as "anticipates," "targets," "expects," "hopes," "estimates," "intends," "plans," "goals," "believe ...

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].

Financial Performance - EPS increased to $0.38, a 23% increase QoQ, reflecting positive operating leverage[6] - Pre-Tax Pre-Provision (PTPP) income grew by 17% QoQ to $102 million, driven by revenue growth of 5% and flat expenses[6] - Net Interest Margin (NIM) expanded by 12bps QoQ to 322%, while the spot NIM as of September 30 was 318%[6] - Return on Average Tangible Common Equity (ROATCE) increased by 153bps QoQ to 987%[6] Balance Sheet - Tangible Book Value Per Share (TBVPS) increased by 3% QoQ to $1699[6] - CET 1 ratio stood at 1014%[6] - Non-interest-bearing (NIB) deposits experienced annualized growth of 9%[6] - $35 million of shares were repurchased in 3Q25, bringing the year-to-date total to $185 million[6] Asset Quality - Criticized loan ratio decreased by 17bps QoQ[6] - Allowance for Credit Losses (ACL) ratio increased to 112%[6] - $263 million of Held For Sale (HFS) Commercial Real Estate (CRE) loans were sold or paid off[6] Income Statement - Total interest income was $4325 million[18] - Total noninterest income was $343 million, up 5% QoQ[18, 29] - Noninterest expenses remained flat[30]

Financial Performance & Targets - Origin Bancorp的目标是在2025年第四季度实现超过1%的ROAA运行率[17] - 2025年第三季度，净利息收入为8370万美元，比第二季度增长19%[32] - 2025年第三季度，NIM-FTE为365%，比第二季度增长4个基点[32] - 预计优化措施将带来约3720万美元的年度税前收益[18] Balance Sheet & Loan Portfolio - 截至2025年9月30日，总贷款额为7537099000美元[31] - 截至2025年9月30日，总存款额为8331830000美元[31] - 德克萨斯州的贷款占LHFI的71%，存款占54%[49] - 截至2025年9月30日，商业贷款占贷款组合的45%，非自用商业房地产、C&D和多户住宅占36%[54] Strategic Initiatives & Capital Management - Origin Bancorp正在实施“优化Origin”计划，以提高财务业绩和企业文化[32] - 公司在第三季度回购了265248股普通股，平均价格为每股3585美元[32] - 截至第三季度末，股票回购计划中剩余4050万美元[122]

Financial Performance - Net income for 3Q25 was $21.9 million, a 12.4% increase compared to $19.4 million in 2Q25, but a significant increase compared to a loss of $7.9 million in 3Q24[7] - Diluted EPS for 3Q25 was $1.13, a 12.3% increase compared to $1.01 in 2Q25, and a substantial increase compared to a loss of $0.41 in 3Q24[7] - The annualized Return on Average Assets (ROAA) for 3Q25 was 1.60%, compared to 1.45% in 2Q25 and -0.57% in 3Q24[7] - The annualized Return on Average Equity (ROAE) for 3Q25 was 15.72%, compared to 14.56% in 2Q25 and -5.85% in 3Q24[7] - The efficiency ratio improved to 56.4% in 3Q25, compared to 60.3% in 2Q25 and 94.1% in 3Q24[7] Balance Sheet - Total assets remained relatively stable at $5,470.2 million in 3Q25, a 1.5% increase compared to $5,387.6 million in 2Q25, and approximately the same as $5,470.6 million in 3Q24[7] - Total loans were $3,979.7 million in 3Q25, a 1.2% increase compared to $3,931.4 million in 2Q25, and approximately the same as $3,981.4 million in 3Q24[7] - Total deposits were $4,533.6 million in 3Q25, a 0.4% increase compared to $4,516.6 million in 2Q25, but a 2.5% decrease compared to $4,650.9 million in 3Q24[7] Net Interest Income and Margin - Net interest income totaled $51.0 million for the quarter, while the net interest margin improved to 4.11%, a 4 basis point increase from 2Q25[14, 15] Non-Interest Income and Expenses - Non-interest income increased by $0.5 million to $13.4 million during the quarter[21] - Non-interest expenses decreased by $1.3 million quarter over quarter, totaling $36.3 million for the three months ended September 30, 2025[30]

Financial Data and Key Metrics Changes - The company reported diluted earnings per share of $0.83 for Q3 2025, an improvement compared to the linked quarter [5] - Net interest income increased nearly $4,000,000, while the net interest margin expanded by one basis point [6] - The efficiency ratio improved to 57.1% compared to 59.3% in the linked quarter [7] - The provision for credit losses declined over $9,000,000, with the allowance for credit losses standing at 1.11% of total loans [8][10] Business Line Data and Key Metrics Changes - Annualized loan growth was 8%, with significant growth in commercial real estate and commercial and industrial loan balances [12] - Non-performing loans declined nearly $2,000,000, comprising 58 basis points of total loans compared to 61 basis points at the end of the previous quarter [10] - Fee-based income experienced a 1% decline compared to the linked quarter, driven by lower lease income [17] Market Data and Key Metrics Changes - The loan to deposit ratio increased to 88% from 86% at the end of the previous quarter [20] - Deposit balances were relatively flat, with increases in money market and interest-bearing demand accounts offset by declines in brokered CDs and governmental accounts [21][22] Company Strategy and Development Direction - The company continues to develop its business organically while awaiting the right acquisition opportunities [24] - The focus remains on managing net interest income and net interest margin through the current interest rate cycle [24] - The company anticipates loan growth to be between 4% and 6% for 2026, depending on pay down timing and economic conditions [26] Management's Comments on Operating Environment and Future Outlook - Management noted a reduction in provision for credit losses to a more normalized rate for Q3 [24] - The company expects to achieve positive operating leverage for 2025 compared to 2024, excluding the impact of reduced accretion income [25] - Management highlighted the potential for increased refinancing activity if mortgage rates fall [66] Other Important Information - The tangible equity to tangible assets ratio improved by 27 basis points to 8.5% at quarter end [23] - The company plans to manage capital in preparation for potential M&A opportunities while supporting dividends [95] Q&A Session Summary Question: Clarification on criticized and classified loans - Management expects some criticized and classified loans to revert in the near term, estimating $35,000,000 to $55,000,000 in upgrades or payoffs [34] Question: Loan growth guidance for 2026 - Management indicated that loan growth guidance for 2026 is slightly below this year's guidance but aligns with historical growth rates [36] Question: Impact of rate cuts on margin - Management confirmed that each 25 basis point rate cut is expected to result in a three to four basis point decline in net interest margin [46] Question: Update on North Star portfolio - Management reported that the high balance accounts in the North Star portfolio are down to about $15,000,000 to $16,000,000, with expectations for a gradual decline in charge-offs [48] Question: Appetite for buybacks and M&A - Management expressed a priority on building capital for M&A opportunities while maintaining an active buyback program [95]

Core Insights - Truist Financial (TFC) is experiencing steady loan growth, with average loans and leases held for investment reaching $312.6 billion as of June 30, 2025, marking a 2% year-over-year increase [1][11] Loan Growth and Earnings - The improvement in average loan balance has led to higher average earning assets for TFC in the first half of 2025, despite a decline in yield on the average total loan portfolio to 5.99%, down 42 basis points from the prior year [2] - Truist's net interest income (NII) for the first half of 2025 was $7.09 billion, reflecting a 3% year-over-year growth, with net interest margin improving by 7 basis points to 3.02% [3][11] Management Outlook - Management is optimistic about NII growth, projecting an increase of approximately 3% in 2025, supported by low single-digit average loan growth and anticipated reductions in the Fed funds rate [4] - Truist plans to reprice around $27 billion of fixed-rate loans and investment securities in the second half of 2025, with new fixed-rate loans expected to have a run-on rate of about 7% compared to a current run-off rate of nearly 6.4% [4] Future Projections - The company expects modest loan growth, favorable loan repricing, and strategic balance sheet management to counteract Fed rate cuts, with NII projected to grow by 2.8%, 3.1%, and 4.5% in 2025, 2026, and 2027, respectively [5] - The projected net interest margin (NIM) for 2025, 2026, and 2027 is estimated to be 3.05%, 3.14%, and 3.25%, respectively [5] Peer Comparison - PNC Financial has seen a five-year CAGR of 5.6% in total loans from 2019 to 2024, with a positive outlook for loan demand due to expected interest rate cuts in 2025 [6] - U.S. Bancorp has also experienced strong loan growth, with a five-year CAGR of 5.1% and a focus on expanding customer relationships [8]

Financial Highlights - Heritage Financial Corporation's assets reached $7.1 billion[16] - Deposits totaled $5.8 billion[16] - Loans receivable amounted to $4.8 billion[16] - Net income was $12.2 million[16] - The net interest margin stood at 3.51%[16] Capital and Ratios - The market capitalization was $863 million as of July 7, 2025[16] - The leverage ratio was 10.3%[16] - The total capital ratio was 13.6%[16] Loan Portfolio - Loans by Seattle MSA accounted for 48.6% which is $2,319 million of the total loan portfolio[27] - Loans by Portland OR-WA MSA accounted for 15.2% which is $728 million of the total loan portfolio[27] Deposit Portfolio - Deposits by Seattle WA MSA accounted for 44.0% which is $2,545 million of the total deposit portfolio[27] - Deposits by Portland OR-WA MSA accounted for 14.6% which is $841 million of the total deposit portfolio[27] - Noninterest demand deposits represented 27.4% of total deposits as of June 30, 2025[19] Investment Portfolio - Investment cashflows are estimated to be $543 million through Q2 of 2028[88]

Financial Performance Highlights - Core net income reached $27 million in 2Q25[11] - Net interest income was $72.9 million in 2Q25[17] - The company's core return on average assets (ROAA) was 1.28% in 2Q25[24] - The core efficiency ratio was 49.21% in 2Q25[54] Deposit Portfolio - Total GAAP deposits reached $7.7 billion as of 2Q25[26] - Core deposits totaled $7.6 billion, with $1.2 billion in core political deposits[28] - Political deposits accounted for 15.6% of GAAP deposits[78] Loan Portfolio - Total loans amounted to $4.71 billion in 2Q25[45] - Mission-aligned loans constituted 86% of the total loan portfolio[47] - Pass-rated loans represented 97.9% of the loan portfolio[79] Investment Securities - Total investment securities book value was $3.5 billion[81] - Agency securities comprised 25.6% of the total investment securities portfolio[81] - Valuation loss as a percentage of the AFS portfolio was 2.4%[81] Capital and Equity - The tangible common equity (TCE) ratio was 8.60%[88] - Tangible book value (TBV) per share increased to $24.33[19]

Financial Highlights - New investment activity reached over $1 billion[7] - Investment assets and unrestricted cash totaled $4.7 billion, including $1.6 billion in senior secured first mortgage loans[8] - Total liquidity was approximately $1 billion, which included an $850 million undrawn unsecured corporate revolver[8] - The company issued $500 million in inaugural investment grade unsecured bonds[8] Portfolio Composition - First mortgage loans accounted for $1.6 billion, or 35%, of the total investment portfolio[11] - CRE equity represented $936 million, or 20%, of the portfolio[11] - Securities comprised $2 billion, or 42%, of the portfolio[11] - 82% of the company's assets are senior secured and/or investment grade rated[11] Key Metrics - Distributable earnings were $30.9 million, resulting in distributable EPS of $0.23 and a distributable ROAE (after-tax) of 7.7%[11] - The company declared a Q2 2025 cash dividend of $0.23 per share, representing an 8.3% annual dividend yield[11] - Unencumbered assets totaled $3.7 billion, which is 83% of total assets[11] - The adjusted leverage ratio was 1.6x, or 1.5x net of cash[11] - 74% of total debt was comprised of unsecured corporate bonds[11]