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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 29, 1996
HOME BANCORP
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(Exact name of registrant as specified in its charter)
Indiana 0-22376 35-1906765
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
132 East Berry Street, P.O. Box 989
Fort Wayne, Indiana 46801-0989
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(Address of principal executive offices) (Zip Code)
(219) 422-3502
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(Registrant's telephone number, including area code)
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INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5. Other Events.
Attached Press Release Relative to Home Bancorp Stock Repurchase
Program.
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NEWS RELEASE
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Home Bancorp Date July 29, 1996
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132 EAST BERRY STREET P.O. BOX 989 Contact W. Paul Wolf
FORT WAYNE, INDIANA 46801-0989 ------------------------
PHONE: (219) 422-3502
FAX: (219) 426-7027
HOME BANCORP
ANNOUNCES STOCK REPURCHASE PROGRAM
FORT WAYNE, INDIANA, July 29, 1996 - Home Bancorp, the holding company
for Home Loan Bank fsb, announced its intention today to repurchase
approximately 5% of its outstanding shares of common stock in the open market
over the next twelve months commencing on or about August 1st. The shares will
be purchased at prevailing market prices from time to time depending upon market
conditions.
W. Paul Wolf, President and Chief Executive Officer of the Company,
indicated that the Board of Directors approved the repurchase program in view of
the current price level of the Company's common stock and the strong capital
position of Home Loan Bank fsb. Wolf stated that "we believe that the repurchase
of our shares represents an attractive investment opportunity which will benefit
both our shareholders and the Company. The repurchased shares will be held as
treasury stock and will be available for general corporate purposes."
Home Loan Bank serves northeastern Indiana through its 8 retail banking
offices located in Allen and Adams Counties. As of July 29, 1996, Home Loan Bank
exceeded all applicable regulatory capital requirements.
Home Bancorp's common stock is listed on the Nasdaq National Market
System and trades under the symbol "HBFW."
Holding Company for Home Loan Bank
