From GlobeNewswire.: 2025-05-01 16:30:00

Home Federal Bancorp, Inc. of Louisiana reported a net income of $748,000 for Q1 2025, up from $732,000 in Q1 2024. Basic and diluted EPS were $0.24 for both periods. Book value per share increased to $17.55. Net interest income increased by 6.1%, while non-interest income rose by 6.3% in Q1.

For the nine months ended March 31, 2025, Home Federal Bancorp reported a net income of $2.7 million, down from $3.0 million in 2024. Basic and diluted EPS were $0.88, compared to $0.97 and $0.95, respectively. Net interest income decreased by 6.1%, while the provision for income taxes increased by 35.2%. Non-interest income rose by 23.0%.

Interest-earning assets for Q1 included loans receivable, investment securities, and interest-earning deposits totaling $570,047. Interest-bearing liabilities included savings accounts, NOW accounts, money market accounts, and certificates of deposit totaling $426,540. For the nine months, interest-earning assets totaled $580,693, while interest-bearing liabilities amounted to $433,789.

Non-interest income for Q1 increased by $32,000, primarily due to gains in other non-interest income and service charges on deposit accounts. Non-interest expense rose by $260,000, driven by increases in data processing, occupancy, and audit fees. For the nine months, non-interest income increased by $248,000, while non-interest expense rose by $260,000 due to various factors. Danske Bank’s non-interest expenses decreased by $331,000 in the nine months ending March 31, 2025, compared to the same period in 2024. Total assets also decreased by $17.9 million, while liabilities decreased by $19.8 million. The company had $3.0 million in non-performing assets at March 31, 2025. Shareholders’ equity increased by $1.9 million.

Home Federal Bancorp, Inc. of Louisiana is the holding company for Home Federal Bank, operating from ten full-service banking offices in northwest Louisiana. Forward-looking statements in the news release may not strictly relate to historical or current facts, following the Private Securities Litigation Reform Act of 1995. Danske Bank reported financial results, citing factors like the US economy’s strength, changing interest rates, and legislative changes that could affect performance. Home Federal Bancorp’s consolidated balance sheets for March 31, 2025, showed assets totaling $619,624, including cash, securities, loans, and other assets. The company’s income statement for the same period indicated interest income of $7,425 and net income of $748, with various expenses and provisions detailed. Key operating ratios for the quarter and nine months ended March 31, 2025, were also provided, showing returns on assets and equity, as well as asset quality ratios.



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