Home Bancorp Q1 earnings up 3.6% as margin expands, but credit stress builds

Filed May 6, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 2, 2025 · ~1 min read

Key Changes

• high

  Net interest margin expanded 25 basis points to 4.16%, driven by 22-bp drop in deposit costs to 2.29% and near-elimination of FHLB borrowings (down $179M year-over-year). Interest expense fell 14.2%.

  MD&A: Net Interest Margin verify on EDGAR →
• high

  Provision for loan losses jumped 134% to $922K from $394K, driven by reserves on individually impaired loans (up 134% to $10.0M). Special mention loans surged 141% to $11.1M, signaling emerging credit stress.

  MD&A: Credit Quality verify on EDGAR →
• high

  Nonperforming assets rose 10.5% to $39.9M (1.12% of assets), including several new nonaccruals. Substandard loans at $61.5M are 69% higher than prior year, though stable quarter-over-quarter.

  MD&A: Nonperforming Assets verify on EDGAR →