HBCP Home Bancorp Inc

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)

November 24, 2014

 

Home Bancorp, Inc.

(Exact name of registrant as specified in its charter)

 

Louisiana	001-34190	71-1051785
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of incorporation)		Identification No.)

 

503 Kaliste Saloom Road, Lafayette, Louisiana	70508
(Address of principal executive offices)	(Zip Code)

 

Registrant’s telephone number, including area code

(337) 237-1960

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

 

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

ITEM 8.01

Other Events

 

On November 24, 2014, the Registrant announced that its Board of Directors declared a cash dividend in the amount of $0.07 per share. This will be the first cash dividend paid in the Company’s history. The cash dividend will be paid on December 22, 2014 to shareholders of record at the close of business on December 8, 2014.

 

A copy of the related press release (the “Press Release”) is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The press release attached hereto as an exhibit is being furnished to the SEC and shall not be deemed to be “filed” for any purpose except as otherwise provided herein.

 

ITEM 9.01

Financial Statements and Exhibits

 

(a)

Not applicable.

(b)

Not applicable.

(c)

Not applicable.

(d)

Exhibits

 

The following exhibit is filed herewith.

 

Exhibit Number		Description
99.1		Press Release, dated November 24, 2014

  

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

	HOME BANCORP, INC.
Date: November 24, 2014	By:	/s/ John W. Bordelon
		John W. Bordelon
		President and Chief Executive Officer

 

 

EXHIBIT INDEX

 

Exhibit Number		Description
99.1		Press Release, dated November 24, 2014

 

 

 

For further information contact:
John W. Bordelon, President and CEO
(337) 237-1960

 

Release Date:

November 24, 2014

For Immediate Release

 

HOME BANCORP DECLARES CASH DIVIDEND OF $0.07 PER SHARE

 

Lafayette, Louisiana – Home Bancorp, Inc. (Nasdaq: “HBCP”) (the “Company”), the parent company for Home Bank (www.home24bank.com), a Federally chartered savings bank headquartered in Lafayette, Louisiana (the “Bank”), announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.07 per share. This is the Company’s first dividend since completing its initial public stock offering in October 2008. The dividend will be paid on December 22, 2014 to stockholders of record as of the close of business on December 8, 2014.

 

“Given our Company’s capital strength and momentum, our Board of Directors declared the first dividend in Home Bancorp’s history,” stated John W. Bordelon, President and Chief Executive Officer. “Cash dividends provide another tool, in addition to organic growth, strategic acquisitions and our current stock repurchase program, to enhance shareholder value.” At the stock price of $23.20 per share at the close of market on November 24, 2014, the current dividend equates to a yield of 1.21% on an annualized basis.

 

About Home Bancorp, Inc.

 

Home Bancorp, Inc. is the holding company for Home Bank, a federally chartered savings bank headquartered in Lafayette, Louisiana. Home Bank offers a full range of deposit and loan products through 27 banking centers in growing regions of Louisiana and Mississippi: Acadiana, Baton Rouge, New Orleans, the Northshore (of Lake Pontchartrain), Natchez, and Vicksburg.

 

Forward-Looking Statements

 

This news release contains certain forward-looking statements. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.”

 

Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors - many of which are beyond our control - could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. Home Bancorp’s Annual Report on Form 10-K for the year ended December 31, 2013, describes some of these factors, including risk elements in the loan portfolio, the level of the allowance for losses on loans, risks of our growth strategy, geographic concentration of our business, dependence on our management team, risks of market rates of interest and of regulation on our business and risks of competition. Forward-looking statements speak only as of the date they are made. We do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made or to reflect the occurrence of unanticipated events.