Published:
Home Bank Announces Extension of Subscription Offering Period
LAFAYETTE, La., Sept. 5 /PRNewswire/ -- Home Bank (the "Bank"), a
Federally chartered mutual savings bank headquartered inLafayette, Louisiana,
announced today that, in light of the continuing effects of Hurricane Gustav
on certain areas inLouisiana, the Bank and Home Bancorp, Inc. (the
'Company"), the recently formedLouisiana corporation which will become the
new holding company for the Bank, have decided to extend the period for the
subscription offering of the Company's common stock from September 12, 2008 to
Wednesday, September 17, 2008. As a result, all orders by eligible account
holders, supplemental eligible account holders and other members must now be
physically received (not postmarked) by the Company no later than 5:00 p.m.,
on Wednesday, September 17, 2008.
John W. Bordelon, President and Chief Executive Officer of the Company and
the Bank, stated that, "While the Bank has resumed normal operations, and the
Lafayette area was fortunate to have suffered only relatively minor damage
from Hurricane Gustav, we want to make sure that our depositors in other areas
ofLouisiana have sufficient opportunity to participate in the Subscription
Offering if they choose."
At June 30, 2008, Home Bank had total assets of $448.1 million, deposits
of $355.8 million and equity of $50.8 million.
This press release contains certain forward-looking statements about the
reorganization and the offering. Forward-looking statements can be identified
by the fact that they do not relate strictly to historical or current facts.
They often include words like "believe," "expect," "anticipate," "estimate"
and "intend" or future or conditional verbs such as "will," "would," "should,"
"could" or "may." Certain factors that could cause actual results to differ
materially from expected results include delays in the offering, changes in
the interest rate environment, changes in general economic conditions,
legislative and regulatory changes that adversely affect the business of Home
Bancorp, Inc. and Home Bank, and changes in the securities markets. Except as
required by law, the Company and the Bank do not undertake any obligation to
update any forward-looking statements to reflect changes in beliefs,
expectations or events.
This release is neither an offer to sell nor a solicitation of an offer to
buy shares of common stock. The offer is made only by the prospectus. The
shares of common stock are not savings accounts or deposits and are not
insured by the Federal Deposit Insurance Corporation or any other government
agency.
SOURCE Home Bancorp, Inc.
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