Home Bancorp, Inc. · NASDAQ:HBCP

Home Bancorp — Merger or Acquisition (December 2021)

9 slides from Home Bancorp's merger presentation, Dec 16, 2021

  1. Slide 1: Home Bancorp to Acquire Friendswood Capital Corporation

    Home Bancorp to Acquire Friendswood Capital Corporation December 15, 2021

  2. Slide 2: Forward Looking Statements

    Forward Looking Statements 2 This presentation contains certain forward-looking statements (as defined in the Securities Exchange Act of 1934 and the regulations thereunder). Forward-looking statements do not relate strictly to historical facts or current facts but instead represent only the beliefs

  3. Slide 3: Acquisition Highlights

    Acquisition Highlights 3 Entry into the State of Texas via attractive Houston Market The Houston metro area is home to the 5th most populous region in US and the economy ranks 7th in US Extends Home Bank’s presence along I-10 corridor HBCP growth to $3.1 billion in assets(1) Acquiring ~$445 MM in as

  4. Slide 4: Franchise Overview

    Franchise Overview (3) 4 Parent: Friendswood Capital Corporation Bank: Texan Bank, N.A. CEO: Kenny Koncaba EVP & Secretary: Kristi Koncaba Headquarters: Houston, TX # of Offices : 5 Total Assets: $445 million Company Overview Houston Branch Locations Loans = 14% (excluding PPP) CAGR Since 2017 Asset

  5. Slide 5: Loan (excluding PPP) & Deposit Composition

    Loan (excluding PPP) & Deposit Composition(1) as of 9/30/2021 5 Home Bank Texan Bank Combined (proforma) Energy exposure ~2.0 % of Loans (Non-PPP) Q3 2021 PPP Loan Balance = $99 million Energy Exposure < 2% of Loans (Non-PPP) Q3 2021 PPP Loan Balance = $25 million Q3 2021 cost of interest-bearing De

  6. Slide 6: Key Merger Terms & Assumptions

    Key Merger Terms & Assumptions 6 Consideration & Pricing Multiples 100% cash consideration $66.6 million deal value 144% of TBV as of September 30, 2021 14.6x LQA (annualized) EPS(1) 23.6x LTM EPS(1) Key Assumptions Loan Marks(2) (CECL) Timing & Required Approvals Cost saves expected to be approxima

  7. Slide 7: Financial Metrics & Due Diligence

    Financial Metrics & Due Diligence 7 Immediately accretive to earnings per share • 14% in 2022 • > 20% in 2023 Approximately 9% dilutive to tangible book value • 3.5 year TBV payback period (crossover method) IRR exceeds 20% Remain well capitalized at close • CET1 ~ 11.8% • Total Risk Based Capital ~

  8. Slide 8: Strategic Rationale

    Strategic Rationale 8 Outstanding growth opportunities and geographic diversity • Expansion to the State of Texas via Houston market • Access to Houston Market deposit base of $329 billion (as of 6/30/2021) Maintaining experienced leadership team Positions Home Bancorp in geographic location to capi

  9. Slide 9: We Are One Team, Creating Exceptional Customer Experiences

    WE ARE ONE TEAM, CREATING EXCEPTIONAL CUSTOMER EXPERIENCES

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