---
schema_version: "secwatch.filing_event.v1"
accession: "0001538263-23-000013"
form_type: "8-K"
ticker: "HTB"
cik: "0001538263"
company_name: "HomeTrust Bancshares, Inc."
filed_at: "2023-02-13T23:59:59+00:00"
generated_at: "2026-06-19T15:59:37.254457+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HomeTrust completes $70.8M merger with Quantum Capital Corp.

## Summary
- Consideration: ~$33.0M cash + 1,374,646 shares of HTBI common stock.
- Pro forma combined entity: ~$4.3B assets, $3.6B loans, $3.6B deposits.
- Bryan Cohen named Georgia Market President of HomeTrust Bank.
- Dr. Narasimhulu Neelagaru to join boards of HomeTrust and HomeTrust Bank in June 2023.
- Quantum National Bank branches to operate under current name until systems conversion in mid-March 2023.

## SEC filing metadata
- accession: 0001538263-23-000013
- form_type: 8-K
- ticker: HTB
- cik: 0001538263
- company_name: HomeTrust Bancshares, Inc.
- filed_at: 2023-02-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538263/000153826323000013/0001538263-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538263/000153826323000013/htbi-20230212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001538263-23-000013
- JSON: https://secwatch.observer/filing/0001538263-23-000013.json
- Plain text: https://secwatch.observer/filing/0001538263-23-000013.txt

## Key facts
- Executive change
  Dr. Narasimhulu Neelagaru was appointed as Director at HomeTrust Bancshares, Inc..
  - Action: appointed
  - Role: Director
  source text: In connection with the Merger, HomeTrust will appoint, subject to any legal or regulatory requirements, Dr. Narasimhulu Neelagaru ("Dr. Neel") as a director of HomeTrust and HomeTrust Bank, in June 2023, to serve for a term ending at the annual meeting following his attaining seventy-five (75) years of age.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1538263/000153826323000013/0001538263-23-000013-index.htm
- M&A Transactions
  HomeTrust Bancshares, Inc. completed an acquisition involving Quantum Capital Corp. for $57.54 in cash and HomeTrust common stock based on a fixed exchange ratio of 2.3942 (closed 2023-02-12).
  - Action: acquisition
  - Counterparty: Quantum Capital Corp.
  - Consideration: $57.54 in cash and HomeTrust common stock based on a fixed exchange ratio of 2.3942
  - Closing: 2023-02-12
  source text: with and into HomeTrust Bank. As a result of the Merger, each share of Quantum common stock outstanding immediately prior to completion of the Merger is being exchanged for $57.54 in cash and HomeTrust common stock (“HomeTrust Common Stock”) based on a fixed exchange ratio of 2.3942, with cash in lieu of fractional shares being paid based on the closing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1538263/000153826323000013/0001538263-23-000013-index.htm

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