HBCP · Home Bancorp, Inc.

Home Bancorp reported first quarter 2026 net income of $11.4 million, a slight decrease of $51,000 from the prior quarter, with diluted EPS of $1.45 compared to $1.46 in Q4 2025. The company's profitability was supported by net interest margin expansion of 10 basis points to 4.16%, primarily driven by lower funding costs as the average cost of interest-bearing deposits decreased 22 basis points to 2.29%. Net interest income increased $434,000 to $34.5 million, while noninterest income declined $260,000 to $3.7 million due to decreases in other income and bank card fees. Credit metrics showed deterioration with nonperforming assets increasing $3.8 million to $39.9 million (1.12% of total assets), primarily due to multiple loan relationships moved to nonaccrual status, though management stated they do not anticipate material losses. The provision for loan losses increased to $922,000 from $480,000 in the prior quarter. Balance sheet trends were mixed with total loans decreasing 0.6% to $2.7 billion while deposits increased 1.8% to $3.0 billion, improving the loan-to-deposit ratio to 90%. The company maintained strong capital ratios with Tier 1 leverage capital at 12.11% and total risk-based capital at 15.65%. Management highlighted the opening of a new full-service location in Tomball, TX in March 2026 and expressed confidence in their ability to broaden customer relationships across markets throughout the remainder of the year.