---
schema_version: "secwatch.filing_event.v1"
accession: "0000927089-24-000019"
form_type: "8-K"
ticker: "HFBL"
cik: "0001500375"
company_name: "Home Federal Bancorp, Inc. of Louisiana"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:16:47.791628+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Home Federal Bancorp Q2 net income $1.0M, down 41% YoY; net interest margin contracts

## Summary
- Net income $1.0M ($0.33 EPS) vs $1.7M ($0.57) prior year quarter; six-month net income $2.2M vs $3.4M.
- Net interest margin fell to 3.14% (quarter) from 3.91% as interest expense rose $2.4M vs interest income up $2.0M.
- Nonperforming assets increased to $2.2M (0.34% assets) from $1.6M (0.24%) at June 30; non-interest expense up $693K.
- Total deposits decreased $13.7M to $583.7M, partly due to a $24.2M estate settlement; loans grew $12.3M to $501.8M.
- CECL adoption on July 1 added $189K to allowance for credit losses and reduced equity $149K net of tax.

## SEC filing metadata
- accession: 0000927089-24-000019
- form_type: 8-K
- ticker: HFBL
- cik: 0001500375
- company_name: Home Federal Bancorp, Inc. of Louisiana
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500375/000092708924000019/0000927089-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500375/000092708924000019/hfbil20240124_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000927089-24-000019
- JSON: https://secwatch.observer/filing/0000927089-24-000019.json
- Plain text: https://secwatch.observer/filing/0000927089-24-000019.txt

## Key facts
- Earnings Releases
  Home Federal Bancorp, Inc. of Louisiana reported the three and six months ended December 31, 2023 results: net income $1.0 million, EPS $0.33.
  - Period: the three and six months ended December 31, 2023
  - Net income: $1.0 million
  - EPS: $0.33
  - Result: reported results
  source text: reported net income for the three months ended December 31, 2023, of $1.0 million compared to net income of $1.7 million reported for the three months ended December 31, 2022. The Company’s basic and diluted earnings per share were $0.33 for the three months ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500375/000092708924000019/0000927089-24-000019-index.htm

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