Recent Updates — HFBL
Home Federal Bancorp reported third-quarter net income of $1.91 million, up from $1.599 million a year earlier, driven by higher net interest income and non-interest income. Basic earnings per share reached $0.64 compared to $0.53 in the prior-year period. The company also announced stock repurchases totaling $346,000 during the quarter. Home Federal Bancorp is the holding company for Home Federal Bank, which operates ten full-service banking offices in northwest Louisiana.
The board declared a quarterly cash dividend of $0.15 per share on common stock, payable November 16 to shareholders of record as of November 2. Home Federal Bancorp is the holding company for Home Federal Bank which conducts business from its ten full-service banking offices and home office in northwest Louisiana.
Home Federal Bancorp, Inc. of Louisiana reported record annual earnings for the year ended June 30, 2026, with net income rising to $6.174 million from $3.888 million in the prior year. Earnings per share increased to $2.05 basic and $2.02 diluted, compared to $1.27 and $1.26 respectively. For the quarter ended June 30, 2026, net income was $1.428 million versus $1.181 million, with EPS of $0.48 basic and $0.46 diluted. The company's net interest margin expanded to 3.72% from 3.23%, driven by a decrease in interest expense and growth in total interest income. Total assets grew 5.6% to $643.3 million, supported by deposit increases of $31.0 million. Stockholders' equity rose to $58.8 million, reflecting net income partially offset by $3.3 million in stock repurchases and $1.7 million in dividends paid. The company operates as a bank holding company providing financial services through its subsidiary, Home Federal Bank.
Home Federal Bancorp, Inc. of Louisiana declared a quarterly cash dividend of $0.15 per share, marking its thirteenth consecutive annual increase and 85th consecutive quarterly dividend. The dividend is payable on August 10, 2026, to shareholders of record as of July 27, 2026. Home Federal Bancorp, Inc. of Louisiana is a bank holding company providing full-service banking services in northwest Louisiana.
Home Federal Bancorp, Inc. of Louisiana entered into an Amended and Restated Supplemental Executive Retirement Agreement for Chairman, President, and CEO James R. Barlow, effective July 1, 2026. The agreement increases his annual vesting percentage to 10% per year, aiming for full vesting by December 31, 2030, and maintains a target retirement date of December 31, 2033, with annual retirement benefits of $120,000 payable over ten years. Home Federal Bancorp, Inc. of Louisiana is a bank holding company providing financial services through its wholly-owned subsidiary, Home Federal Bank.