Hometrust Bancshares, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2020
January 28, 2021 at 09:08 am
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HomeTrust Bancshares, Inc. announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced net interest income was USD 26.122 million compared to USD 27.034 million a year ago. Net income was USD 9.461 million compared to USD 9.191 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to USD 0.54 a year ago. Diluted earnings per share from continuing operations was USD 0.57 compared to USD 0.52 a year ago. For the half year, net interest income was USD 51.631 million compared to USD 54.107 million a year ago. Net income was USD 15.214 million compared to USD 17.995 million a year ago. Basic earnings per share from continuing operations was USD 0.93 compared to USD 1.05 a year ago. Diluted earnings per share from continuing operations was USD 0.92 compared to USD 1.01 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.
HOMETRUST BANCSHARES, INC. 
