On this page of StockholderLetter.com we present the latest annual shareholder letter from Home Federal Bancorp, Inc. of Louisiana — ticker symbol HFBL. Reading current and past HFBL letters to shareholders can bring important insights into the investment thesis.
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10/10/2025 Letter Continued (Full PDF)
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10/4/2023 HFBL Stockholder Letter
• 10/11/2024 HFBL Stockholder Letter
• More "Banking & Savings" Category Stockholder Letters
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HFBL Benford's Law Stock Score = 97
10/10/2025 Letter Continued (Full PDF)
•
10/4/2023 HFBL Stockholder Letter•
10/11/2024 HFBL Stockholder Letter•
More "Banking & Savings" Category Stockholder Letters•
HFBL Benford's Law Stock Score = 97HFBL Shareholder/Stockholder Letter Transcript:
2025 Annual Report HOME FEDERAL BANCORP INC Of Louisiana DIRECTORS & EXECUTIVE OFFICERS James R. Barlow Brad L. Ezernack Chairman of the Board, President and Chief Executive Officer Executive Vice President and Chief Financial Officer Delayne C. Lewis Dawn F. Williams Executive Vice President, Chief Risk Off icer and BSA Off icer Executive Vice President, Chief Administrative Off icer and Corporate Secretary Mar y Jones Executive Vice President and Chief Operations Off icer Junior Cantu Executive Vice President and Chief Banking Off icer OUTSIDE DIRECTORS Mark M. Harrison Director Owner of House of Carpets and Lighting Scott D. Lawrence Director President of Southwestern Wholesale Thomas Steen Trawick, Jr., M.D. Director Private Practice Physician, Sure Access MD, LLC Timothy W. Wilhite, Esq. Director Chief Financial Off icer and General Counsel of Wilhite Electric Co., Inc. SENIOR OFFICERS David S. Barber Senior Vice President Mortgage Lending K. Matthew Sawrie Senior Vice President Commercial Lending DeNell W. Mitchell Senior Vice President Loan Operations Leah Feldt Senior Vice President Senior Credit Off icer Glen W. Brown Senior Vice President Treasurer Executive Leadership Directors, Executive & Senior Officers BRANCH LOCATIONS DOWNTOWN YOUREE DRIVE PIERREMONT 624 Market Street Shreveport, LA 71101 6363 Youree Drive Shreveport, LA 71105 925 Pierremont Road Shreveport, LA 71106 SOUTHERN HILLS NORTHWOOD STOCKWELL 9449 Mansfield Road Shreveport, LA 71118 5841 North Market Shreveport, LA 71107 7964 East Texas Street Bossier City, LA 71111 VIKING DRIVE HUNTINGTON MINDEN 2555 Viking Drive Bossier City, LA 71111 6903 Pines Road Shreveport, LA 71129 BENTON MAIN OFFICE 104 Sibley Street Benton, LA 71006 222 Florida Street Shreveport, LA 71105 412 Homer Road Minden, LA 71055 Dear valued shareholders, I am pleased to present to you the Annual Report for Home Federal Bancorp, Inc. of Louisiana (Company) and its subsidiary, Home Federal Bank (HFB), for the fiscal year ended June 30, 2025. This past year, we navigated a challenging financial environment with discipline, resilience, and an unwavering focus on our mission: providing A Better Way of banking to people and businesses in our community through strength and stability. As we begin a new fiscal year, it is important to reflect on the short-term, three-phase strategy implemented during this past year. As previously stated, our goal was to shift the deposit mix to lower cost products, increase liquidity, and reduce debt. This strategy was to be implemented while continuing our long-term vision of maintaining core personal and business relationships within our home market of Northwest Louisiana. We consider all three phases of our strategy to have been a success. The cost of total average interest-bearing liabilities was reduced from 2.81% for the year ended June 30, 2024 to 2.73% for the year ended June 30, 2025. High cost time deposits were reduced by $27.5 million from $214.9 million at June 30, 2024 to $187.4 million by June 30, 2025, which compares favorably to the corresponding reduction in total deposits of $27.7 million during the same reporting period. HFB had no wholesale funding of FHLB advances and brokered deposits as of June 30, 2025, while estimated FDIC insured deposits comprised 80.7% of total deposits at June 30, 2025. Finally, other bank borrowings were reduced from a peak of $9.65 million at December 31, 2023 to $4.0 million by June 30, 2025. We believe that these accomplishments will provide the foundation for HFB to perform at a higher level as we move into the future. Though we are proud of these accomplishments, we are not fully satisfied and remain committed to providing shareholders with solid results to underscore our focus on maintaining value for both our shareholders and our customers. As we look ahead, we believe Home Federal Bank is well positioned for continued success. While regulatory headwinds persist, our commitment to conservative risk management, personalized customer service, and community investment will guide our efforts. We are dedicated not only to safeguarding your trust but also to expanding opportunities that benefit the businesses we serve and our local economy. On behalf of the Board of Directors, management team, and staff at Home Federal Bancorp, Inc. of Louisiana, we extend our sincere gratitude for your investment and continued support. Sincerely, James R. Barlow, Chairman of the Board, President & Chief Executive Officer Home Federal Bancorp, Inc of Louisiana and Home Federal Bank