secwatch.observer — SEC 8-K summary
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Issuer:     Home Federal Bancorp, Inc. of Louisiana (HFBL)
CIK:        0001500375
Form:       8-K
Filed at:   2022-09-28T23:59:59+00:00
Accession:  0000927089-22-000108
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Home Federal Bancorp amends Loan Officer Incentive Plan for 2022 fiscal year
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- Compensation Committee approved amended Loan Officer Incentive Plan on Sept. 26, 2022.
- Amendment adds provisions for termination/leave and plan discontinuation during fiscal year.
- Plan awards variable cash incentives based on net interest income from loan portfolios and new loan growth.
- Named executive officer K. Matthew Swary (Commercial Sales Manager) participates; his award capped at 50% of base salary.
- Level I participants get 2.0% of net interest income from existing loans and 15.0% from new loan net income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500375/000092708922000108/0000927089-22-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500375/000092708922000108/hfbil20220915_8k.htm
  HTML page:      https://secwatch.observer/filing/0000927089-22-000108

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