The Bank Slate


Home Bancorp selling Mississippi branch to Delta Bank

Home Bancorp in Lafayette, La., has agreed to sell a branch in Vicksburg, Miss., to Delta Bank in Vidalia, La.

The $2.8 billion-asset Home said in a regulatory filing Monday that it will also sell $15.7 million in deposits and $2.3 million in loans. Home will receive a premium based on specified percentages of deposit and loan categories.

The deal is expected to close in January.

Home said it expects to report a pretax loss of $23,000, though the sale should lower annual noninterest expense by $378,000.

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