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    Home Federal Bancorp Inc. of Louisiana filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    12/19/24 2:29:08 PM ET
    $HFBL
    Savings Institutions
    Finance
    Get the next $HFBL alert in real time by email
    hfbil20241218_8k.htm
    false 0001500375 0001500375 2024-12-18 2024-12-18
     
    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
       
       
    Date of Report (Date of earliest event reported)
    December 18, 2024
     
       
    Home Federal Bancorp, Inc. of Louisiana
    (Exact name of registrant as specified in its charter)
     
    Louisiana
    001-35019
    02-0815311
    (State or other jurisdiction
    of incorporation)
    (Commission File Number)
    (IRS Employer
    Identification No.)
         
    624 Market Street, Shreveport, Louisiana
     
    71101
     
    (Address of principal executive offices)
     
    (Zip Code)
         
    Registrant’s telephone number, including area code
    (318) 222-1145
       
    Not Applicable
    (Former name or former address, if changed since last report)
       
       
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
     
    ☐
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
     
    Securities registered pursuant to Section 12(b) of the Act:
     
    Title of each class
    Trading
    Symbol(s)
    Name of each exchange on which registered
    Common Stock (par value $.01 per share)
    HFBL
    Nasdaq Stock Market, LLC
     
    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).
     
    Emerging growth company ☐
     
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
     
     
     

     
     
    Item 5.02        Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
     
    (b) Retirement of Director
     
    On December 18, 2024, director Walter T. Colquitt, III formally notified Home Federal Bancorp, Inc. of Louisiana (the “Company”) of his decision to retire from the Board of Directors (the “Board”) of the Company, effective December 18, 2024. Dr. Colquitt was also a member of the Board of the Company’s principal operating subsidiary, Home Federal Bank (the “Bank”), at the time of his resignation and a member of the Company’s Compensation Committee. Dr. Colquitt’s decision to resign was for personal reasons and was not a result of any disagreement with the Company. The Company would like to sincerely thank Dr. Colquitt for his outstanding service on the Board of Directors of the Company and its predecessor since its formation in 2005 and the Bank since 1993.
     
    The Board has reduced the number of directors of the Company to eliminate the vacancy created by the resignation of Dr. Colquitt. Director Thomas Steen Trawick, Jr. has been appointed to the Compensation Committee.
     
    (b) and (c) Retirement and Appointment of Named Executive Officer
     
    In accordance with the terms of his transition agreement entered into February 14, 2024, Glen W. Brown, who serves as Senior Vice President and Chief Financial Officer of the Company and the Bank, will transition to the role of Treasurer of the Bank effective January 1, 2025.  Brad Ezernack, age 35, who currently serves as the Bank’s Vice President, Controller, was appointed as Mr. Brown’s successor on December 18, 2024. Mr. Ezernack will assume the chief financial officer and principal accounting officer roles on January 1, 2025, continuing to work closely with Mr. Brown to ensure a smooth transition.
     
    Mr. Ezernack has served as the Bank’s Vice President, Controller since August 2023.  Prior thereto, Mr. Ezernack served as the Accounting Manager for Highland Clinic, APMC from September 2015 until September 2023.  Previous to this, Mr. Ezernack served Home Federal Bank from April 2010 through November 2014 as a member of the Accounting Staff, and also served as a Staff Accountant for Ilios Resources, Inc. and Smith, Pugh & Seal, LLP from November 2014 through September 2015.
     
    Item 9.01        Financial Statements and Exhibits
     
    (a)        Not applicable.
     
    (b)        Not applicable.
     
    (c)        Not applicable.
     
    (d)       The following exhibit is included with this Report:
     
     
    Exhibit Number
     
    Description
     
    104
     
    Cover page interactive date 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 thereunto duly authorized.
     
     
    HOME FEDERAL BANCORP, INC. OF LOUISIANA
         
         
         
    Date: December 18, 2024
    By:
    /s/James R. Barlow
        James R. Barlow
        Chairman of the Board, President and Chief Executive Officer
     
     
     
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