Home Federal Bancorp Inc of Louisiana (NASDAQ: HFBL) is a community banking holding company that operates Home Federal Bank, a federally chartered stock savings bank serving the Shreveport-Bossier City-Minden combined statistical area of northwestern Louisiana. The company earns money primarily through net interest income, the spread between interest earned on loans and investment securities and interest paid on deposits and Federal Home Loan Bank of Dallas borrowings. Home Federal Bank operates a home office and ten full-service branch offices across Caddo, Bossier, and Webster Parishes, with a twelfth location added via the February 2023 acquisition of First National Bank of Benton. Total assets were $609.5 million as of June 30, 2025, down from $637.5 million at June 30, 2024. Net loans receivable stood at $461.0 million as of June 30, 2025. The bank reported net income of $3.9 million in fiscal 2025 versus $3.6 million in fiscal 2024. Originally chartered in 1924 as Home Building and Loan Association, the institution reorganized into a mutual holding company structure in January 2005 and adopted its current name in 2009.

Revenue model

Net interest income is the primary revenue source, generated by the spread between yields on interest-earning assets (loans, investment securities, interest-earning deposits) and rates paid on interest-bearing deposits and Federal Home Loan Bank of Dallas borrowings. Non-interest income is a secondary revenue contributor. The bank also sells a portion of fixed-rate residential mortgage originations rather than holding them on balance sheet.

Products and services

Loan products include single-family residential mortgages (the primary lending focus), commercial real estate loans (fixed and variable rate, up to 85% LTV, terms generally up to five years), multi-family residential loans ($32.3 million, 6.93% of total loan portfolio as of June 30, 2025), commercial business loans including lines of credit, inventory financing, and equipment loans ($54.1 million, 11.63% of total loan portfolio as of June 30, 2025), land loans, and real estate-secured lines of credit. Deposit products include NOW accounts and non-interest checking accounts, with commercial customers required to maintain a deposit relationship. The bank holds an allowance for credit losses of $4.5 million against loans of $465.6 million as of June 30, 2025.

Customers and end markets

Retail depositors and borrowers in the Shreveport-Bossier City-Minden combined statistical area of Louisiana. Commercial lending targets small- and mid-sized businesses located within the bank's market area, with personal guarantees required from principals. The bank focuses on Caddo, Bossier, and Webster Parishes, with strategic interest in contiguous communities for potential expansion.

Value-chain role

Community deposit-taking and lending institution. Attracts retail and commercial deposits from the general public and deploys those funds into residential and commercial loans. Sells a substantial portion of fixed-rate residential mortgage originations rather than retaining full interest rate risk on balance sheet.

Geographic exposure

Operations concentrated in Caddo, Bossier, and Webster Parishes, Louisiana, serving the Shreveport-Bossier City-Minden combined statistical area. Twelve branch locations as of the filing date, including the Benton, Louisiana branch acquired in February 2023.

Source: SEC 10-K, filed 2025-09-26

Industry: Savings Institution, Federally Chartered Peers: Broadway Financial Corp Cullman Bancorp, Inc. FFBW, Inc. /MD/ FIDELITY FEDERAL BANCORP LAKE SHORE BANCORP, INC. Skyline Bankshares Inc Rocket Companies Inc TC Bancshares, Inc.