Home Bancorp, Inc. · NASDAQ:HBCP
Home Bancorp — Merger or Acquisition (June 2015)
10 slides from Home Bancorp's merger presentation, Jun 19, 2015
Slide 1: Home Bancorp, Inc. To Acquire Louisiana Bancorp, Inc.
June 18, 2015 Home Bancorp, Inc. To Acquire Louisiana Bancorp, Inc.
Slide 2: Forward Looking Statements
Forward Looking Statements 2 This presentation contains certain forward - looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Forward - looking statements do not relate strictly to historical or current facts. Forwa
Slide 3: Additional Information Regarding This Transaction
Additional Information Regarding This Transaction Louisiana Bancorp will be filing a proxy statement and other relevant documents concerning the merger with the United States Securities and Exchange Commission (the “SEC”). WE URGE INVESTORS TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE AND A
Slide 4: Transaction Terms and Key Assumptions
Transaction Terms and Key Assumptions • 100% cash (1) Based on Louisiana Bancorp’s shares outstanding of 2,902,548 and $4.1 million in - the - money value of stock options (2) Based on LABC’s March 31, 2015 unaudited financial statements (3) Includes estimated benefit from termination of Louisiana B
Slide 5: Transaction Rationale
Transaction Rational • Approximately 35% accretive to 2016 estimated EPS • Immediate tangible book value dilution under 10% with estimated 3.5 year payback period • IRR > 20% Financially Attractive Low Risk Strategic Growth 5 • Expands existing footprint in the New Orleans - Metairie MSA, doubling i
Slide 6: Louisiana Bancorp Overview
Louisiana Bancorp Overview Company Info • Established in 1909 • Headquartered in Metairie, LA • Four branches in New Orleans - Metairie MSA • Traded on NASDAQ (Ticker: LABC) Source: SNL Financial (1) Based on LABC’s March 31, 2015 unaudited financial statements Financial Highlights (1) • Assets $331
Slide 7: Expanding New Orleans Presence
Expanding New Orleans Presence • Significant expansion in attractive New Orleans - Metairie MSA • Doubles deposits in New Orleans - Metairie MSA and increases market share rank to 12 th from 16 th • Nearly doubles existing loans in New Orleans - Metairie MSA Branch Locations HBCP LABC 7
Slide 8: Pro Forma Loan Composition
Pro Forma Loan Composition Source: SNL Financial Data as of March 31, 2015 (1) Excludes purchase accounting adjustments Home Bancorp Louisiana Bancorp Pro Forma (1) Gross Loans HFI: $922 million Yield on Loans: 5.40% Gross loans HFI: $1.2 billion Gross Loans HFI: $276 million Yield on Loans: 4.21% 8
Slide 9: Pro Forma Deposit Composition
Pro Forma Deposit Composition Source: SNL Financial Data as of March 31, 2015 (1) Excludes purchase accounting adjustments Home Bancorp Louisiana Bancorp Pro Forma (1) Total Deposits: $1.0 billion Cost of Interest - Bearing Deposits: 0.37% Total Deposits: $201 million Cost of Interest - Bearing Depo
Slide 10: Home Bancorp, Inc.
Home fig Bancorp Inc.