Home Bancorp Announces 2010 Fourth Quarter and Annual Results

Home Bancorp, Inc. HBCP, the parent company for Home Bank (www.home24bank.com), announced net income of $1.5 million for the fourth quarter of 2010, an increase of $554,000, or 61%, compared to the third quarter of 2010 and an increase of $1.4 million, or 6,674%, compared to the fourth quarter of 2009. Net income for the year ended December 31, 2010 was $4.7 million, an increase of $9,000, or 0.2%, compared to 2009. Diluted earnings per share were $0.20 for the fourth quarter of 2010, an increase of 67% compared to the third quarter of 2010. Diluted earnings per share for the fourth quarter of 2009 were negligible. Diluted earnings per share were $0.62 for the year ended December 31, 2010, an increase of 7% compared to 2009.