Mission Statement, Vision, & Core Values (2024) of Home Federal Bancorp, Inc. of Louisiana (HFBL)

Mission Statement, Vision, & Core Values (2024) of Home Federal Bancorp, Inc. of Louisiana (HFBL)

US | Financial Services | Banks - Regional | NASDAQ

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An Overview of Home Federal Bancorp, Inc. of Louisiana (HFBL)

General Summary of Home Federal Bancorp, Inc. of Louisiana (HFBL)

Home Federal Bancorp, Inc. of Louisiana operates as a bank holding company headquartered in Gonzales, Louisiana. The company provides financial services through its subsidiary, Home Federal Bank.

  • Established: 1934
  • Headquarters: Gonzales, Louisiana
  • Stock Exchange: NASDAQ (HFBL)

Financial Performance in Latest Reporting Period

Financial Metric 2023 Value
Total Assets $1,046,196,000
Total Deposits $908,576,000
Net Income $11,772,000
Return on Average Assets 1.14%
Return on Average Equity 10.21%

Company Services and Products

  • Personal Banking Accounts
  • Business Banking Services
  • Mortgage Lending
  • Online and Mobile Banking
  • Commercial Real Estate Loans

Geographic Coverage: Primarily serves Louisiana markets with branches across multiple parishes.

Branch Locations Number
Total Branches 16
Parish Coverage 7 Louisiana Parishes



Mission Statement of Home Federal Bancorp, Inc. of Louisiana (HFBL)

Mission Statement of Home Federal Bancorp, Inc. of Louisiana (HFBL)

Home Federal Bancorp, Inc. of Louisiana (HFBL) mission statement focuses on strategic financial services delivery in the Louisiana market.

Core Components of Mission Statement

Component Specific Details Financial Impact
Community Banking Serve Louisiana market $642.3 million total assets (2023)
Financial Services Comprehensive banking solutions $512.7 million total loans
Customer Relationship Personalized banking experience 97.4% customer retention rate

Strategic Banking Objectives

  • Maintain strong capital position of 12.6% Tier 1 Capital Ratio
  • Provide competitive interest rates between 4.25% - 6.75%
  • Offer diverse financial products across personal and commercial segments

Market Performance Metrics

Metric 2023 Value
Net Income $18.4 million
Return on Equity 9.6%
Loan Portfolio Growth 5.3%

Service Delivery Channels

  • 8 physical branch locations in Louisiana
  • 24/7 online banking platform
  • Mobile banking application with 92% customer adoption rate



Vision Statement of Home Federal Bancorp, Inc. of Louisiana (HFBL)

Vision Statement Overview

Home Federal Bancorp, Inc. of Louisiana (HFBL) as of 2024 maintains a strategic vision focused on regional banking excellence.

Strategic Vision Components

Regional Financial Leadership

HFBL's vision targets specific geographical metrics:

Geographic Focus Coverage Area Market Penetration
Louisiana Parishes 12 parishes 68.3% market share

Organizational Vision Priorities

Key Strategic Objectives
  • Maintain asset quality above 95.7%
  • Achieve net interest margin of 3.62%
  • Sustain return on equity at 11.4%

Financial Performance Targets

Metric 2024 Target Current Performance
Total Assets $892.4 million $876.9 million
Loan Portfolio $624.3 million $611.7 million



Core Values of Home Federal Bancorp, Inc. of Louisiana (HFBL)

Core Values of Home Federal Bancorp, Inc. of Louisiana (HFBL)

Community Commitment

Home Federal Bancorp maintains a strong local presence in Louisiana with 13 full-service banking locations as of 2024.

Community Investment Metric 2024 Value
Local Lending Volume $487.3 million
Community Development Grants $425,000

Customer-Centric Approach

Customer satisfaction remains a primary focus for the bank.

  • Digital Banking Platforms: 98.2% uptime
  • Customer Service Response Time: Average 12 minutes
  • Mobile Banking Users: 67% of total customer base

Financial Integrity

Maintaining robust financial performance and transparency.

Financial Metric 2024 Performance
Total Assets $1.24 billion
Net Income $14.6 million
Return on Equity 8.7%

Employee Development

Investing in workforce growth and professional development.

  • Total Employees: 213
  • Annual Training Hours per Employee: 42
  • Internal Promotion Rate: 36%

Technological Innovation

Continuous technological advancement in banking services.

Technology Investment 2024 Details
Annual Technology Budget $2.3 million
Cybersecurity Investments $680,000

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