Condensed Parent Company Only Financial Statements

12 Months Ended

Dec. 31, 2013

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Condensed Parent Company Only Financial Statements

20. Condensed Parent Company Only Financial Statements

Condensed financial statements of Home Bancorp, Inc. (parent company only) are shown below. The parent company has no significant operating activities.

Condensed Balance Sheets

December 31, 2013 and 2012


*(dollars in thousands)*	2013		2012
Assets
Cash in bank	$	313	$	2,088
Investment securities		—		4,182
Investment in subsidiary		141,286		135,298
Other assets		650		629

Total assets	$	142,249	$	142,197


Liabilities	$	340	$	623
Shareholders’ equity		141,909		141,574

Total liabilities and shareholders’ equity	$	142,249	$	142,197

Condensed Statements of Operations

For the Years Ended December 31, 2013, 2012 and 2011


*(dollars in thousands)*	2013		2012		2011
Operating income
Interest income	$	44	$	160	$	397
Gain on sale of investment		241		163		—
Dividend from subsidiary		—		—		18,000

Total operating income		285		323		18,397


Operating expenses
Other expenses		155		163		203

Total operating expenses		155		163		203

Income before income tax expense and equity in undistributed earnings of subsidiary		130		160		18,194
Income tax expense		52		63		76

Income before equity in undistributed earnings of subsidiary		78		97		18,118
Increase (decrease) in equity in undistributed earnings of subsidiary		7,216		9,093		(12,998	)

Net income	$	7,294	$	9,190	$	5,120

Condensed Statements of Cash Flows

For the Years Ended December 31, 2013, 2012 and 2011


*(dollars in thousands)*	2013			2012			2011
Cash Flows from Operating Activities
Net income	$	7,294		$	9,190		$	5,120
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization of premium/discount on investments		(3	)		(6	)		(20	)
Gain on sale of investment securities		(241	)		(163	)		—
Non-cash compensation		652			612			520
(Increase) decrease in accrued interest and other assets		(21	)		(558	)		669
Decrease in equity in net income of subsidiary		(7,216	)		(9,093	)		(5,002	)
Dividend from subsidiary		—			—			18,000
(Decrease) increase in accrued expenses and other liabilities		(189	)		788			(456	)

Net Cash Provided by Operating Activities		276			770			18,831

Cash Flows from Investing Activities
Proceeds from prepayment on available for sale securities		312			2,437			6,332
Proceeds from sale of available for sale securities		3,837			2,527			—
Net cash paid in acquisitions		—			—			(26,417	)

Net Cash Provided by (Used in) Investing Activities		4,149			4,964			(20,085	)

Cash Flows from Financing Activities
Proceeds from exercise of stock options		91			207			75
Purchase of treasury stock		(6,291	)		(5,828	)		(5,467	)

Net Cash Used in Financing Activities		(6,200	)		(5,621	)		(5,392	)

Net Increase (Decrease) in Cash and Cash Equivalents		(1,775	)		113			(6,646	)
Cash and Cash Equivalents as of Beginning of Period		2,088			1,975			8,621

Cash and Cash Equivalents as of End of Period	$	313		$	2,088		$	1,975

- Definition

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

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