HomeTrust Bancshares, Inc. Announces Net Charge-Offs for the Three Months Ended September 30, 2023
October 25, 2023 at 08:00 am EDT
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HomeTrust Bancshares, Inc. announced net charge-offs for the three months ended September 30, 2023. Net loan charge-offs totaled $2.6 million, or 0.27% as a percent of average loans, for the three months ended September 30, 2023 compared to $1.2 million, or 0.13% as a percentage of average loans, for the three months ended June 30, 2023.
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. 
