Home Federal Bancorp, Inc. Of Louisiana · NASDAQ:HFBL
Home Federal Bancorp, Inc. Of Louisiana — Investor Presentation (September 2021)
19 slides from Home Federal Bancorp, Inc. Of Louisiana's investor presentation, Sep 9, 2021
Slide 1: Home Federal Bancorp Inc. of Louisiana
HoME FEDERAL BANCORP INC Of Louisiana A Better way
Slide 2: Disclaimer
Disclaimer This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those identified by the words “may,” “will,” “should,” “could,” “anticipate,” “believe,” “continue,” “estimate,” “expect,” “forecast,” “intend,” “foc
Slide 3: Overview of Home Federal Bancorp, Inc.
2.16%Dividend yield as of 9/3/2021 9.94%Deposit growth since 6/30/20 Home Federal Bancorp, Inc. (“Home Federal” or the “Company”) is the holding company for Home Federal Bank, which was founded in 1924The Company trades on the NASDAQ under the symbol “HFBL”Home Federal has made recent strategic hire
Slide 4: Branch Network
Shreveport Barksdale Air Force Base Bossier City 3 7 6 2 4 5 1 HFBL Branch (7) (1) 9 Excludes headquarters branch (2) Not graphed Source: S&P Capital IQ Pro; FDIC; deposit data as of 6/30/2021 Branch Network (2) 1 2 3 4 5 6 7 9
Slide 5: HFBL Executive Management
HFBL Executive Management James R. “Jim” Barlow – Chairman, President & Chief Executive Officer Mr. James R. Barlow, also known as Jim, has been the Chief Executive Officer of Home Federal Bank, Inc. of Louisiana since January 1, 2013. Mr. Barlow has served as the Chairman of Home Federal Bancorp an
Slide 6: Corporate Time Line
2021 2-for-1 stock split declared in March of 2021 2019 2021 2020 The Company announces plans to buy back shares in November of 2020 2019The Company celebrates its 95th anniversary 2019The Company opened a state-of-the-art banking facility in the heart of Shreveport 2019The Company announces plans t
Slide 7: Attractive Shreveport MSA
Top Employers and Institutions Attractive Shreveport MSA Commentary The Company is focused in the Shreveport MSA – Louisiana’s 4th largest metropolitan areaShreveport has become a regional hub for health care in northwest LAThe largest employer in the Shreveport MSA is The United States Air Force lo
Slide 8: Recent Transactions in Market
Recent Transactions in Market Louisiana bank sale announcements Recent Market Disruption Source: S&P Capital IQ Pro Target Acquirer Commentary There have been several significant bank mergers in Home Federal’s marketsThe sale of IberiaBank to First Horizon is the most significant, and the bank signs
Slide 9: Balance Sheet Growth
Balance Sheet Growth Home Federal is looking to create more loan diversity in their portfolio by pursuing less interest sensitive verticalsThis has led to an increase in origination of higher yielding commercial loansRecent deposit growth has been boosted by PPP loans from the COVID-19 pandemic Sour
Slide 10: Loan and Deposit Composition
d Loan and Deposit Composition Loan Commentary Deposit Commentary Home Federal has a balanced loan portfolioHome Federal historically concentrated on 1-4 family home loans but has recently shifted towards originating more CRE loansHome Federal currently has $30 million in PPP loans remaining on its
Slide 11: Asset Quality
Asset Quality Source: S&P Capital IQ Pro Commentary Home Federal has seen significant improvement in asset quality Home Federal increased its Loan Loss Reserve during the COVID-19 pandemic and has begun to release some of the reservesThe Company has a strong level of reserves relative to its NPLs
Slide 12: Loan Yields, Net Interest Margin & Cost of Deposits
Loan Yields, Net Interest Margin & Cost of Deposits Source: S&P Capital IQ Pro 12 Commentary Home Federal has seen a decrease in net interest margin due to historically low interest rates during the COVID-19 pandemicThe Company has been able to maintain a constantly low cost of deposits since 2016Ho
Slide 13: Profitability – ROAA, ROATCE & PPNR / AA
Profitability – ROAA, ROATCE & PPNR / AA Commentary Home Federal has maintained relatively stable levels of profitability throughout the pandemic Note: PPNR and Tangible Common Equity are non-GAAP metrics, see Appendix for reconciliationSource: S&P Capital IQ Pro
Slide 14: Profitability – EPS, TBV & Dividends Per Share
Profitability – EPS, TBV & Dividends Per Share Commentary Tangible book value per share has continued to growEPS is at record levelsHome Federal recently increased their quarterly dividend from $0.08 to $0.10, driving stronger shareholder returnsHome Federal has had 16 years of annual dividends with
Slide 15: Capital Position
c Capital Position Home Federal maintains a strong capital position Home Federal currently has no subordinated debt or trust preferred securities in their capital structure 15
Slide 16: Key Investment Considerations
Key Investment Considerations Home Federal is continuing to reposition its loan portfolio to pursue higher yield commercial loans in order to achieve higher profitability The Company is entrenched in the Shreveport community, creating a strong core customer baseHome Federal’s commitment to opening n
Slide 17: Appendix
Appendix Draft – Not for External Distribution Appendix
Slide 18: Summary Financials
Summary Financials Source: S&P Capital IQ Pro c 18 Summary Financials
Slide 19: Non-GAAP Reconciliation
Non-GAAP Reconciliation Source: S&P Capital IQ Pro
Home Federal Bancorp, Inc. of Louisiana — Investor Presentation (September 2021) on 6ix