Dupaco Community Credit Union signed a definitive purchase and assumption agreement to acquire assets and assumption of liabilities from Home Savings Bank on September 30, 2021. Lowa, will acquire the assets and assume the liabilities of Home Savings Bank in an all-cash transaction. Following the completion of the transaction, Home Bancorp and Home Savings Bank will settle their remaining obligations and distribute their remaining cash (the “Liquidation”) to the Home Bancorp stockholders.

Home Bancorp currently estimates that, upon the completion of the Liquidation, its stockholders will receive between $26.47 and $27.32 in cash consideration for each share of Home Bancorp common stock they own. The distribution of cash to Home Bancorp stockholders is currently expected to occur within 180 days after completion of the transaction. Both Home Savings Bank locations will operate as Dupaco offices after the Transaction.

The transaction is subject to the approval of Home Bancorp's stockholders, regulatory approvals and customary closing conditions. The Transaction has been unanimously approved by the board of directors of both institutions and is expected to close in the second quarter of 2022. Home Bancorp and Home Savings Bank are being represented in this transaction by Hovde Group, LLC and Luse Gorman, PC, Washington, DC.

Dupaco is being represented by Olsen Palmer LLC and Howard and Howard.