LAFAYETTE, La. (AP) — Lafayette-based Home Bancorp Inc. reported fourth-quarter net income dropped to $1.7 million, or 25 cents per share, compared to $2.5 million, or 37 cents per share, a year ago.
The parent company of Home Bank told the Advocate (http://bit.ly/1gmYumt ) its results included $307,000 of pre-tax expenses, or 3 cents per share, related to the acquisition of Britton & Koontz Capital Corp.
For the year, Home Bancorp's 2013 earnings fell to $7.3 million, or $1.06 per share, compared to $9.2 million, or $1.28 per share, a year earlier.
The company's total interest income dipped by 6 percent for the fourth quarter and 5 percent for the year.
Information from: The Advocate, http://theadvocate.com