Home Federal Bancorp, Inc. of Louisiana

Home Federal Bancorp, Inc. of Louisiana

Overview

• Home Federal Bancorp, Inc. of Louisiana is a Louisiana-chartered holding company for Home Federal Bank.
• The Bank’s core activities are collecting deposits and originating loans. As of June 30, 2026, the holding company owns all outstanding common stock of Home Federal Bank.
• In February 2023 the Bank acquired First National Bank of Benton and its full-service branch in Benton, Louisiana.
• The Bank is regulated by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC). The holding company is a unitary savings and loan holding company regulated by the Federal Reserve Board.
• The Bank elected to use the Community Bank Leverage Ratio (CBLR) framework and was well capitalized under that framework as of June 30, 2026.

Employees and offices

• Employees: 72 full-time and 4 part-time (as of June 30, 2026).
• Branch network: Home office and multiple full-service branches in northwest Louisiana (Shreveport, Bossier City, Minden, Benton).
• Properties: At least 12 owned buildings/branches as of June 30, 2026, including the home office, multiple Market Street locations, Benton and Minden branches, and a vacant property at 614 Market Street held for potential future administrative use.

Assets and lending

• Net loans: $475.491 million, representing approximately 73.91% of total assets (as of June 30, 2026).
• Total loans: $480.500 million.
• Loan portfolio mix (6/30/2026, before net items):
  • One-to-four family residential: $164.214 million (34.18% of total loans)
  • Commercial real estate secured (owner-occupied): $91.240 million
  • Commercial real estate secured (non-owner-occupied): $49.762 million
  • Total commercial real estate (CRE): $141.002 million (29.34%)
  • Multi-family residential: $30.641 million
  • Land: $34.825 million
  • Construction: $25.435 million
  • Home equity loans and second mortgages: $3.177 million
  • Equity lines of credit: $21.657 million
  • Consumer/non-real estate loans (including savings-secured, auto, etc.): $59.549 million
• Loans held-for-sale: Approximately $1.654 million (6/30/2026) vs. $1.540 million (6/30/2025).

Credit quality and allowance for credit losses

• Allowance for credit losses: $4.926 million (end of period).
• Allowance as a percentage of loans: 1.03%.
• Allowance as a percentage of non-performing loans: 162.25%.
• Non-performing assets (NPAs): $3.649 million (total NPAs including non-accruing loans, accruing loans 90+ days past due, and other real estate owned).
  • Non-accruing loans: $2.583 million total, including $2.197 million in one-to-four family, $14k CRE, $5k commercial, and $367k consumer (6/30/2026).
  • Accruing loans 90+ days past due: $453k (one-to-four family).
  • Real estate owned (REO), net: $613k.
  • Troubled debt restructurings/modified loans: $10k.
• Delinquencies:
  • 30–89 days delinquent: 12 loans totaling $1.403 million.
  • 90+ days delinquent: 16 loans totaling $2.974 million (vs. 14 loans $1.228 million in 2025).
  • Delinquent loans as a percentage of total net loans: 0.63% (2025: 0.51%).
  • Delinquent loans as a percentage of total loans: 0.62% (2025: 0.50%).
• Non-performing loans as a percent of loans: 0.64% (2025: 0.51%).

Revenue, loss provisioning and credit activity

• Gains on sale of loans: $0.642 million (fiscal 2026); $0.384 million (fiscal 2025).
• Provision for (recovery of) credit losses: $0.594 million (2026); $(0.126) million (2025).
• Loan charge-offs: $0.256 million (2026); $0.323 million (2025).
• Recoveries of charged-off loans: $0.104 million (2026); $0.359 million (2025).
• Implied net charge-offs: $0.152 million in 2026 (charge-offs minus recoveries).

Deposits, funding and liquidity

• Uninsured deposits: $129.253 million (6/30/2026) vs. $114.722 million (6/30/2025).
• No brokered deposits reported as of 6/30/2026 and 6/30/2025.
• Deposits are the primary source of funds; uninsured deposits represent a material portion of funding.
• FHLB borrowings: No outstanding Federal Home Loan Bank advances as of 6/30/2026; borrowing capacity up to $136.376 million.
• Other borrowings: Master Purchase Agreement with First National Bankers Bank (FNBB) for federal funds; no funds purchased under the agreement as of 6/30/2026. Outstanding loan with FNBB: $3.556 million (matures February 5, 2034), secured by Home Federal Bank common stock; interest at the Prime Rate.
• Investment securities: Holdings include mortgage-backed securities (GNMA, FHLMC, FNMA), U.S. government and agency securities, FHLB stock, and shares in FNBB. FHLB stock outstanding: $705,000 (6/30/2026).

Investment securities and yields

• Available-for-sale and held-to-maturity securities include mortgage-backed securities and state/local government securities with varying weighted-average yields by maturity band (example yields reported in the tables: ~4.08% in 1–5 years for parts of MBS, ~3.08% for 5–10 years; held-to-maturity yields approximately 1.15%–2.97% depending on type and term).

Capital and regulatory status

• The Bank elected the CBLR framework, effective for the quarter ending September 30, 2026, and met the qualifying criteria as of June 30, 2026.
• Regulatory capital ratios (6/30/2026):
  • Common equity tier 1 (CET1): 13.11%
  • Tier 1 capital: 13.11%
  • Total capital: 14.20%
  • Leverage ratio: 9.29%
  • Tangible capital: 9.29%
• The Bank was classified as well capitalized under the applicable prompt corrective action framework as of 6/30/2026.
• Dividends and capital distributions are subject to regulatory notice and approval and may be restricted under regulatory capital rules.

Origination, sales and underwriting

• Residential lending activity (fiscal 2026):
  • One-to-four family residential loan originations: $50.915 million, with $30.046 million sold to investors.
  • Total loan originations and purchases: $211.450 million, including $18.064 million in loan purchases.
  • Total originations and purchases net of loans sold and principal repayments: $15.727 million.
• Underwriting: Loans underwritten to investor and internal standards (Fannie Mae, Freddie Mac, HUD, VA, USDA, etc.); appraisals by approved vendors; title insurance or opinions; flood insurance as applicable.
• Lending limits: Subject to regulatory single-borrower limits and internal loan-to-value and amortization guidelines by loan category.

Regulatory, risk management and other matters

• CRA: Received a “satisfactory” rating on its CRA examination.
• Risk management: Maintains an information security program, annual risk assessments, third-party vendor risk management, incident response and business continuity planning, and regular reporting to the board. Subject to federal cybersecurity incident reporting and privacy/cybersecurity requirements.
• Transactions with affiliates are governed by applicable FDIC/FRB restrictions (Sections 23A and 23B).
• Taxation: Federal income tax treatment and Louisiana tax rules described, including the Louisiana Shares Tax.
• Subsidiaries: Metro Financial Services, Inc. previously engaged in annuities sales; not active in a meaningful way as of the date reported.

Summary

Home Federal Bancorp, Inc. of Louisiana is the holding company for Home Federal Bank. The Bank focuses on deposit gathering in northwest Louisiana and originates or purchases a diversified mix of real estate, consumer, and small-business loans. As of June 30, 2026, the Bank operated a mid-sized balance sheet with a substantial loan portfolio, a material level of uninsured deposits, conservative credit allowances relative to non-performing loans, and regulatory capital ratios that meet well-capitalized standards.