secwatch.observer — SEC 8-K summary
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Issuer:     HOME BANCORP, INC. (HBCP)
CIK:        0001436425
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001436425-23-000049
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Home Bancorp Q3 net income $9.8M ($1.22 EPS), NIM down to 3.75%; new share repurchase plan for 5% of shares
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- Net income of $9.8M ($1.22 diluted EPS) essentially flat vs Q2; NIM declined 19 bp to 3.75% on higher deposit costs.
- Loans grew $58.3M (+2.3%) to $2.6B; deposits up $45.8M (+2%) to $2.6B; provision $351k for loan growth.
- Nonperforming assets stable at $12.3M (0.37% of assets); net loan recoveries of $132k.
- Board approved new share repurchase plan for up to 405,000 shares (~5% of outstanding); quarterly dividend $0.25/share.
- Q3 share repurchases: 37,805 shares at avg $32.63; book value per share $42.30, tangible book $31.67.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1436425/000143642523000049/0001436425-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1436425/000143642523000049/hbcp-20231018.htm
  HTML page:      https://secwatch.observer/filing/0001436425-23-000049

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