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:   2023-04-28T23:59:59+00:00
Accession:  0000927089-23-000059
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500375/000092708923000059/0000927089-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500375/000092708923000059/hfbil20230426_8k.htm
  HTML page:      https://secwatch.observer/filing/0000927089-23-000059

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