Tranche Update on HomeTrust Bancshares, Inc.'s Equity Buyback Plan announced on July 28, 2021.
October 27, 2021 at 08:51 am EDT
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From July 28, 2021 to September 30, 2021, the company has repurchased 258,778 shares, representing 1.57% for $7.16 million. With this, the company has completed the repurchase of 258,778 shares, representing 1.57% for $7.16 million under the buyback announced on July 28, 2021.
HomeTrust Bancshares, Inc. is the holding company for HomeTrust Bank (the Bank). The Bank is a North Carolina state chartered, community-focused financial institution. The Bank provides value-added relationship banking with over 30 locations, as well as online/mobile channels. The Bank's 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. In addition, 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 FDIC. It offers a variety of deposit accounts for individuals, businesses and nonprofit organizations.