- Associated Press - Tuesday, January 27, 2015

LAFAYETTE, La. (AP) - Lafayette-based Home Bancorp Inc. reported its fourth-quarter profit jumped to $2.8 million, or 40 cents per share, compared to $1.7 million, or 25 cents per share, a year ago.

The fourth-quarter results include $307,000 of pre-tax expenses related to the acquisition of Britton & Koontz Bank in February.

For the year, Home reported record earnings of $9.9 million, or $1.42 per share, compared to $7.3 million, or $1.06 per share, for 2013.

While falling prices are likely to dampen expansion in the energy industry, John W. Bordelon, president and chief executive officer, tells The Advocate (https://bit.ly/1tl3XB9) his company remain bullish on the growth prospects for many of their markets.

Home Bancorp is the parent company of Home Bank, a federally chartered savings and loan.


Information from: The Advocate, https://theadvocate.com

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