Home Bancorp Achieves Record Net Interest Income and Expands Leadership Structure
Home Bancorp, a leading community bank in Texas, recently released its second quarter 2026 earnings report, showcasing impressive results and strategic moves. The company's Chairman and CEO, John Bordelon, announced the appointment of Darren Guidry as the new President, effective immediately.
Bordelon praised Guidry's deep knowledge of the business, customers, and markets, making him exceptionally well-suited for this expanded role. The leadership structure change aims to sustain Home Bancorp's next phase of growth by separating the CEO and President roles, allowing the CEO to focus on overall corporate strategy, capital planning, and shareholder relations while the President leads day-to-day execution.
The Q2 2026 earnings report revealed outstanding financial results for Home Bancorp. The company reported net income of $11.6 million or $1.48 per diluted share, a 2% increase from the first quarter and higher than last year's $1.46 per share. Net interest margin expanded to 4.24%, return on assets increased to 1.31%, and net interest income reached a record high of $35.8 million in the second quarter.
The growth can be attributed to higher yields on the company's earning asset portfolio and stable funding costs. Deposits remained strong, with total deposits growing by $42.1 million or 6% annualized, keeping the loan-to-deposit ratio within its target range of 90-92. Loans saw a recovery, increasing by $50.7 million in the second quarter at an approximate 7% annualized rate.
The Houston market continues to lead the way with a 9% annualized growth rate year to date. The new Tomball branch is gaining momentum and building its customer base, while the pipeline supports continued mid-single-digit loan growth in the second half of the year. Although some individual customers are struggling due to industry-related stress, Home Bancorp continues to work problem credits towards resolution.
The company remains confident in its conservative underwriting practices and proactive management of challenged loans, resulting in net charge-offs remaining extremely low at just six basis points annualized. With a solid foundation and experienced leadership team, Home Bancorp is poised for future success.
