Home Federal Bancorp Inc. of Louisiana (HFBL) Financial Statements (2024 and earlier)

Company Profile

Business Address 624 MARKET STREET
SHREVEPORT, LA 71101
State of Incorp. LA
Fiscal Year End June 30
Industry (SIC) 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
Q3
12/31/2023
Q2
9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9901,55742,00537,9946,83226,710
Cash and cash equivalents9901,55742,00537,9946,83226,710
Financing receivable, accrued interest, after allowance for credit loss1,6001,700    
Total current assets:2,5903,25742,00537,9946,83226,710
Noncurrent Assets
Operating lease, right-of-use asset822829829833836840
Property, plant and equipment17,60516,97816,56116,59816,08816,137
Intangible assets, net (including goodwill)4,3444,4294,5234,626  
Goodwill2,9902,9902,9902,990  
Intangible assets, net (excluding goodwill)1,3541,4391,5331,636  
Deferred income tax assets1,1731,4601,3131,0961,4611,466
Total noncurrent assets:23,94423,69623,22623,15318,38518,443
Other undisclosed assets627,654635,649595,684624,838551,326536,432
TOTAL ASSETS:654,188662,602660,915685,985576,543581,585
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 5,4004,600 10,000814823
Total current liabilities: 5,4004,600 10,000814823
Noncurrent Liabilities
Other undisclosed liabilities596,194607,529610,373625,862527,040533,637
Total liabilities:601,594612,129610,373635,862527,854534,460
Equity
Equity, attributable to parent, including:52,59450,47350,54250,12348,68947,125
Common stock313131313131
Additional paid in capital41,22441,05740,98140,79440,66940,400
Accumulated other comprehensive loss(2,122)(3,466)(2,654)(1,974)(2,577)(2,577)
Retained earnings13,92713,34612,70711,82411,1479,881
Other undisclosed equity, attributable to parent(466)(495)(523)(552)(581)(610)
Total equity:52,59450,47350,54250,12348,68947,125
TOTAL LIABILITIES AND EQUITY:654,188662,602660,915685,985576,543581,585

Income Statement (P&L) ($ in thousands)

3/31/2024
Q3
12/31/2023
Q2
9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
Revenues7,4867,4897,1836,5085,7375,465
Net investment income7,4107,4517,1216,4215,5955,290
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
 (362)(150)(150)(150)(418)
Gross profit:7,4867,1277,0336,3585,5875,047
Operating expenses(1,604)(1,441)(2,053)(1,397)(1,129)(1,128)
Operating income:5,8825,6864,9804,9614,4583,919
Nonoperating income2381761721252928
Investment income, nonoperating21015014610032
Bank owned life insurance income282626252626
Interest and debt expense(3,177)(2,790)(2,299)(1,540)(764)(476)
Income from continuing operations before equity method investments, income taxes:2,9433,0722,8533,5463,7233,471
Other undisclosed loss from continuing operations before income taxes(2,136)(1,542)(1,252)(2,213)(1,566)(1,791)
Income from continuing operations before income taxes:8071,5301,6011,3332,1571,680
Income tax expense (benefit)196(310)(343)(271)(444)(9)
Income from continuing operations:1,0031,2201,2581,0621,7131,671
Income before gain (loss) on sale of properties:1,671
Net income available to common stockholders, diluted:1,0031,2201,2581,0621,7131,671

Comprehensive Income ($ in thousands)

3/31/2024
Q3
12/31/2023
Q2
9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
Net income:1,0031,2201,2581,0621,7131,671
Comprehensive income:1,0031,2201,2581,0621,7131,671
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1,344(812)(680)603 (878)
Comprehensive income, net of tax, attributable to parent:2,3474085781,6651,713793

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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