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Condensed Parent Company Only Financial Statements | 12 Months Ended
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Dec. 31, 2023
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 For the Years Ended December 31, 2023 and 2022
(dollars in thousands) |  | 2023 |  | 2022
Assets |  |  |  |
Cash in bank |  | $ | 6,584 |  |  | $ | 6,443 |
Investment in subsidiary |  | 406,929 |  |  | 369,911 |
Other assets |  | 8,207 |  |  | 7,649 |
Total assets |  | $ | 421,720 |  |  | $ | 384,003 |
Liabilities |  |  |  |
Subordinated debt, net of issuance cost |  | $ | 54,241 |  |  | $ | 54,013 |
Other liabilities |  | 35 |  |  | 36 |
Total liabilities |  | $ | 54,276 |  |  | $ | 54,049 |
Shareholders’ equity |  | 367,444 |  |  | 329,954 |
Total liabilities and shareholders’ equity |  | $ | 421,720 |  |  | $ | 384,003 |
Condensed Statements of Income For the Years Ended December 31, 2023, 2022 and 2021
(dollars in thousands) |  | 2023 |  | 2022 |  | 2021
Operating income |  |  |  |  |  |
Dividend from subsidiary |  | $ | 15,000 |  |  | $ | 74,576 |  |  | $ | 15,000 |
Total operating income |  | 15,000 |  |  | 74,576 |  |  | 15,000 |
Operating expenses |  |  |  |  |  |
Other expenses |  | 340 |  |  | 289 |  |  | 183 |
Total operating expenses |  | 340 |  |  | 289 |  |  | 183 |
Interest expense |  |  |  |  |  |
Subordinated debt expense |  | 3,390 |  |  | 1,710 |  |  | — |
Total interest expense |  | 3,390 |  |  | 1,710 |  |  | — |
Income before income tax benefit and equity in undistributed earnings of subsidiary |  | 11,270 |  |  | 72,577 |  |  | 14,817 |
Income tax benefit |  | 783 |  |  | 420 |  |  | 38 |
Income before equity in undistributed earnings of subsidiary |  | 12,053 |  |  | 72,997 |  |  | 14,855 |
Undistributed earnings of subsidiary |  | 28,187 |  |  | (38,925) |  |  | 33,766 |
Net income |  | $ | 40,240 |  |  | $ | 34,072 |  |  | $ | 48,621 |
Condensed Statements of Cash Flows For the Years Ended December 31, 2023, 2022 and 2021
(dollars in thousands) |  | 2023 |  | 2022 |  | 2021
Cash flows from operating activities |  |  |  |  |  |
Net income |  | $ | 40,240 |  |  | $ | 34,072 |  |  | $ | 48,621 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |
Non-cash compensation |  | 1,468 |  |  | 1,629 |  |  | 1,585 |
Amortization of subordinated debt issuance cost |  | 228 |  |  | 120 |  |  | — |
Increase in accrued interest receivable and other assets |  | (558) |  |  | (1,225) |  |  | (1,058) |
Undistributed earnings in subsidiary |  | (28,187) |  |  | 38,925 |  |  | (33,766) |
Decrease in accrued expenses and other liabilities |  | — |  |  | (9) |  |  | (3) |
Net cash provided by operating activities |  | 13,191 |  |  | 73,512 |  |  | 15,379 |
Cash flows from investing activities |  |  |  |  |  |
Net cash paid in acquisitions |  | — |  |  | (64,593) |  |  | — |
Investment in subsidiaries |  | — |  |  | (40,000) |  |  | — |
Net cash used in investing activities |  | — |  |  | (104,593) |  |  | — |
Cash flows from financing activities |  |  |  |  |  |
Proceeds from exercise of stock options |  | 102 |  |  | 375 |  |  | 80 |
Proceeds from issuance of subordinated debt, net of issuance cost |  | — |  |  | 53,892 |  |  | — |
Payment of dividends on common stock |  | (8,222) |  |  | (7,777) |  |  | (7,867) |
Issuance of stock under incentive plan |  | 329 |  |  | 324 |  |  | 303 |
Purchase of Company’s common stock |  | (5,259) |  |  | (11,333) |  |  | (8,900) |
Net cash (used in) provided by financing activities |  | (13,050) |  |  | 35,481 |  |  | (16,384) |
Net change in cash and cash equivalents |  | 141 |  |  | 4,400 |  |  | (1,005) |
Cash and cash equivalents at beginning of year |  | 6,443 |  |  | 2,043 |  |  | 3,048 |
Cash and cash equivalents at end of year |  | $ | 6,584 |  |  | $ | 6,443 |  |  | $ | 2,043 |

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- 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. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480922/205-10-S99-6 Reference 3: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-11 + Details
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