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): October 7, 1999
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 Reporting Fourth Quarter and Fiscal Year 1999 Earnings.
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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: October 7, 1999 ------------
W. Paul Wolf
Chairman, President, CEO
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NEWS RELEASE
Home Bancorp
132 EAST BERRY STREET P.O. BOX 989 Date October 7, 1999
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FORT WAYNE, INDIANA 46801-0989
PHONE: (219) 422-3502 Contact W. Paul Wolf
FAX: (219) 426-7027 ------------------------
Home Bancorp Reports Earnings Growth
FORT WAYNE, Indiana, -- October 7, 1999 -- Home Bancorp (Nasdaq: HBFW) today
reported fourth quarter and fiscal year 1999 (FY '99) earnings and financial
results ended September 30, 1999. Net income for the fourth quarter 1999 was
$781,000 ($0.41 basic earnings per share) compared to $653,000 ($0.30 basic
earnings per share) for the same period a year earlier, a dollar increase of
19.6%, reflected a 36% increase in earnings per share.
The fiscal year ended September 30, 1999 unaudited net income increased 7% to
$3,110,000 ($1.56 basic earnings per share) from $2,906,000 ($1.32 basic
earnings per share) for the fiscal year 1998, an increase of 18% in earnings per
share.
A Company's milestone at September 30, 1999 was $413.8 million in total assets,
an increase of $41.4 million, or 11% from $372.4 million at September 30, 1998;
net loans receivable were $346.0 million, an increase of $21.8 million, or 7%,
during the twelve-month period. For the same period from September 30, 1998 to
September 30, 1999, deposits increased from $316.0 million to $363.4 million, or
an increase of $47.4 million or 15%.
Home Bancorp (Nasdaq)
Twelve Months September 30: 1999 1998
Net Income............................... $3,111,000 $2,906,000
Share Earnings:
Net Income basic................ 1.56 1.32
Quarter September 30:
Net Income............................... $781,000 $653,000
Share Earnings:
Net Income basic................ .41 .30
Holding Company for Home Loan Bank