HomeTrust Bancshares, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2021
January 27, 2022 at 01:25 pm
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HomeTrust Bancshares, Inc. reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported net interest income was USD 27.17 million compared to USD 26.12 million a year ago. Net income was USD 11.08 million compared to USD 9.46 million a year ago. Basic earnings per share from continuing operations was USD 0.7 compared to USD 0.58 a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 0.57 a year ago.
For the six months, net interest income was USD 54.88 million compared to USD 51.63 million a year ago. Net income was USD 21.61 million compared to USD 15.21 million a year ago. Basic earnings per share from continuing operations was USD 1.36 compared to USD 0.93 a year ago. Diluted earnings per share from continuing operations was USD 1.33 compared to USD 0.92 a year ago.
HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank (the Bank). The Bank is a state-chartered, community-focused financial institution committed to providing value-added relationship banking with over 30 locations, as well as online/mobile channels. Its principal business consists of attracting deposits from the general public and investing those funds, along with borrowed funds, in commercial real estate loans, construction and development loans, commercial and industrial loans, equipment finance leases, municipal leases, loans secured by first and second mortgages on one-to-four family residences, including home equity loans and other consumer loans. It also originates one-to-four family loans, SBA loans and HELOCs to sell to third parties. It invests in debt securities issued by United States Government agencies and GSEs, municipal bonds, corporate bonds, commercial paper and certificates of deposit insured by the Federal Deposit Insurance Corporation.