Home Bancorp Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$HBCP
Banks
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
(a.)Not applicable.
(b.)Not applicable.
(c.)Not applicable.
(d.)Not applicable.
(e.)On July 21, 2025 , the Board of Home Bank, N. A. ("the Bank") entered into salary continuation agreements with Ms. Lemoine and Messrs. Herpin and Zollinger. The agreements provide the executive officers a retirement benefit equal to $125,000 per year if she/he remains employed until age 67, payable in equal monthly installments for a period of 10 years. The retirement benefit vest based on Ms. Lemoine and Messrs. Herpin and Zollinger's most recent appointment date as a senior executive officer, with 10% of benefits vesting for ten years. In the event of early retirement, the Bank will pay the senior executive officer her/his vested benefits in a lump sum on the first day of the month following her/his separation from service. If the executive has a separation from service within three months prior to or 12 months following a change in control of the Bank prior to reaching age 65, the Bank shall pay her/him an amount equal to the greater of (i) his accrued benefits as of the end of the year immediately preceding the separation from service or (ii) $300,000. This amount will be paid in a lump sum on the first day of the month following the separation from service.
The terms of the salary continuation agreements with Ms. Lemoine and Messrs. Herpin and Zollinger are substantially identical to the existing salary continuation agreements with the Bank's other senior executive vice presidents except for the retirement age and vesting schedule.
The foregoing description is qualified in its entirety by reference to the full text of each of the agreements, copies of which are attached as exhibits to this Current Report on Form 8-K and are incorporated herein by reference.
(f.)Not applicable.
| Item 9.01 | Financial Statements and Exhibits | ||||
(a)Not applicable.
(b)Not applicable.
(c)Not applicable.
(d)Exhibits
The following exhibits are filed herewith.
| Exhibit Number | Description | |||||||
| 10.1 | ||||||||
| 10.2 | ||||||||
| 10.3 | ||||||||
| 104 | Cover page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities 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, INC. | |||||||||||
| Date: July 23, 2025 | By: | /s/ John W. Bordelon | |||||||||
| John W. Bordelon | |||||||||||
| President and Chief Executive Officer | |||||||||||