Home Federal Bancorp Q3 net income $1.1M, down from $1.3M; nine-month net $4.4M

Home Federal Bancorp, Inc. of Louisiana

2023-Q3 EPS reported $1.41

Q3 net income $1.1M ($0.34 diluted) vs $1.3M ($0.37) a year ago; nine-month net $4.4M ($1.41 diluted) vs $3.8M ($1.10).
Completed acquisition of Northwest Bancshares/FNBB on Feb 1; added $53.3M loans, $77.9M deposits.
Total loans grew $98.5M to $486.4M; net interest margin improved to 3.56% (Q3) from 3.27% year ago.
Merger-related expenses of $450K net of taxes in Q3; professional fees up $750K from acquisition costs.
Non-performing assets $2.7M vs $2.2M at June 30, 2022; 291,000 shares repurchased at avg $19.99.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Home Federal Bancorp, Inc. of Louisiana reported nine months ended March 31, 2023 results: net income $4.4 million, EPS $1.41 per diluted share.

Period: nine months ended March 31, 2023
Net income: $4.4 million
EPS: $1.41 per diluted share
Result: reported results

Exact text from the filing

The Company reported net income of $4.4 million for the nine months ended March 31, 2023, compared to $3.8 million for the nine months ended March 31, 2022. The Company’s basic and diluted earnings per share were $1.48 and $1.41, respectively, for the nine months ended March 31, 2023, compared to $1.18 and $1.10, respectively, for the nine months ended March 31, 2022.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Home Federal Bancorp, Inc. of Louisiana reported three months ended March 31, 2023 results: net income $1.1 million, EPS $0.34 per diluted share.

Period: three months ended March 31, 2023
Net income: $1.1 million
EPS: $0.34 per diluted share
Result: reported results

Exact text from the filing

reported net income for the three months ended March 31, 2023, of $1.1 million compared to net income of $1.3 million reported for the three months ended March 31, 2022. The Company’s basic and diluted earnings per share were $0.35 and $0.34, respectively, for the three months ended March 31, 2023

View on SEC.gov

Browse all earnings releases →

Home Federal Bancorp, Inc. of Louisiana filing history →

Source: SEC EDGAR

accession 0000927089-23-000059

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.