---
schema_version: "secwatch.filing_event.v1"
accession: "0000927089-22-000110"
form_type: "8-K"
ticker: "HFBL"
cik: "0001500375"
company_name: "Home Federal Bancorp, Inc. of Louisiana"
filed_at: "2022-10-04T23:59:59+00:00"
generated_at: "2026-06-23T05:33:44.835116+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Home Federal Bancorp acquires Northwest Bancshares for approx. $10.1M cash; Q1 2023 close

## Summary
- Aggregate merger consideration estimated at $10.1M; NW shareholders also get ~$8.4M special distribution pre-close.
- Northwest has $81.7M assets, $52.1M loans, $65.0M deposits as of Aug 31, 2022.
- Transaction expected >20% accretive to EPS after cost savings; accretive to TBV in ~3 years.
- Employment agreement for NW CEO John Batson as SVP/Benton Market Manager effective upon close.
- Transaction approved by both boards; subject to regulatory and NW shareholder approvals; Q1 2023 close.

## SEC filing metadata
- accession: 0000927089-22-000110
- form_type: 8-K
- ticker: HFBL
- cik: 0001500375
- company_name: Home Federal Bancorp, Inc. of Louisiana
- filed_at: 2022-10-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500375/000092708922000110/0000927089-22-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500375/000092708922000110/hfbil20221003_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927089-22-000110
- JSON: https://secwatch.observer/filing/0000927089-22-000110.json
- Plain text: https://secwatch.observer/filing/0000927089-22-000110.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.