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Condensed Parent Company Only Financial Statements
 12 Months Ended
Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract]  
Condensed Parent Company Only Financial Statements 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, 2019 and 2018

(dollars in thousands)
20192018
Assets
Cash in bank
$6,400  $5,998  
Investment in subsidiary
305,340  294,557  
Other assets
4,613  3,495  
Total assets
$316,353  $304,050  
Liabilities
$24  $10  
Shareholders’ equity
316,329  304,040  
Total liabilities and shareholders’ equity
$316,353  $304,050  
Condensed Statements of Income

For the Years Ended December 31, 2019, 2018 and 2017

(dollars in thousands)
201920182017
Operating income
Interest income
$—  $—  $—  
Dividend from subsidiary
21,000  —  —  
Total operating income
21,000  —  —  
Operating expenses
Other expenses
192  219  217  
Total operating expenses
192  219  217  
Income (loss) before income tax benefit and equity in undistributed earnings of subsidiary20,808  (219) (217) 
Income tax benefit
40  44  87  
Income (loss) before equity in undistributed earnings of subsidiary20,848  (175) (130) 
Undistributed earnings of subsidiary
7,084  31,765  16,954  
Net income
$27,932  $31,590  $16,824  

Condensed Statements of Cash Flows

For the Years Ended December 31, 2019, 2018 and 2017

(dollars in thousands)
201920182017
Cash flows from operating activities
Net income
$27,932  $31,590  $16,824  
Adjustments to reconcile net income to net cash provided by operating activities:
Non-cash compensation1,613  1,799  1,619  
Increase in accrued interest receivable and other assets(1,118) (1,173) (877) 
Undistributed earnings in subsidiary
(7,084) (31,765) (16,954) 
Increase (decrease) in accrued expenses and other liabilities14  (68) (26) 
Net cash provided by operating activities21,357  383  586  
Cash flows from financing activities
Proceeds from exercise of stock options
2,231  914  1,193  
Payment of dividends on common stock
(7,898) (6,706) (4,070) 
Issuance of stock under incentive plan
157  70  (32) 
Purchase of Company’s common stock
(15,445) (1,194) (70) 
Net cash used in financing activities(20,955) (6,916) (2,979) 
Net change in cash and cash equivalents402  (6,533) (2,393) 
Cash and cash equivalents at beginning of year5,998  12,531  14,924  
Cash and cash equivalents at end of year$6,400  $5,998  $12,531