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): November 26, 1997
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 Fiscal Year 1997
Earnings Reported Stock Repurchase Completed
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HOME BANCORP
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(Registrant)
/s/W. Paul Wolf
Date: November 26, 1997 ---------------
W. Paul Wolf
Chairman, President, CEO
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NEWS RELEASE
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Home Bancorp Date November 26, 1997
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132 EAST BERRY STREETo P.O. BOX 989 Contact W. Paul Wolf
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FORT WAYNE, INDIANA 46801-0989
PHONE: (219) 422-3502
FAX: (219) 426-7027
HOME BANCORP
Fiscal Year 1997 Earnings Reported
Stock Repurchase Completed
FORT WAYNE, Indiana, -- November 26, 1997 -- Home Bancorp (Nasdaq: HBFW), the
holding company for Home Loan Bank, announced net income of $2.9 million or
$1.20 per share for its fiscal year ended September 30, 1997. The net income for
the year compared to prior year like period of $1.6 million or $0.57 per share
for the year ended September 30, 1996, which included a one-time SAIF special
assessment charge of $1.0 million after-tax.
Home's total assets at September 30, 1997 increased to $346.0 million from
$322.7 million at fiscal 1996 year end. Deposits increased from the prior year
$26.3 million to $297.5 million at September 30, 1997. Total net loans at
September 30, 1997 were $284.0 million, compared with $250.3 million a year ago.
The company reported the completion of the stock repurchase plan previously
announced on December 18, 1996. A total of 265,261 shares have been repurchased
at an average price of $21.81 per share.
Home Bancorp (Nasdaq)
Twelve Months September 30: 1997 1996
Net Income............................ $2,893,000 a $1,636,000
Share Earns: Net Income............... $1.20 $0.57
a - Reflects a $1,000,000 Net Charge for a Special
Assessment by the Savings Association Insurance Fund.
Holding Company for Home Loan Bank