Lafayette-based Home Bancorp Inc., the parent company of Home Bank, reported its first-quarter earnings jumped to $2.1 million, or 29 cents per share, compared to $1.3 million, or 11 cents per share, a year earlier.
“We continue to benefit from the vibrancy of the south Louisiana economy,” John W. Bordelon, president and chief executive officer, said in a news release. “In what has traditionally been a slow quarter for south Louisiana banks, our loan portfolio grew at an annualized rate of 7 percent during the first three months of 2012. That growth was spread across each of our markets.”
Bordelon said although the national economic landscape remains uncertain, Home Bank’s customers are creating jobs and moving Louisiana forward.