Home Loan Financial reports $2.2 million quarterly profit

Home Loan Financial Corporation, the parent company of The Home Loan Savings Bank, announced net income of $2.2 million or $1.54 basic and diluted earnings per share for the quarter ended March 31, compared to net income of $1.6 million or $1.16 basic and diluted earnings per share for the quarter ended March 31, 2025, an increase of $542,000.

This increase in earnings for the quarter was primarily attributable to an increase in net interest income of $709,000, a decrease in the provision for loan losses of $16,000 and an increase in noninterest income of $113,000, partially offset by an increase in noninterest expense of $153,000 and increase in federal income taxes of $144,000.

Total assets at March 31 were $382.3 million, compared to June 30, 2025 assets of $361.2 million, an increase of $22 million or 6.1%. Total deposits at March 31 were $311.4 million, compared to June 30, 2025 deposits of $283.1 million, an increase of $28.3 million or 10%. Total equity at March 31 was $47.5 million, compared to $43.7 million at June 30, 2025, an increase of $3.8 million.

Home Loan Financial Corporation and The Home Loan Savings Bank are headquartered at 413 Main St. in Coshocton. The Home Loan Savings Bank has two offices located in Coshocton, a branch in West Lafayette, a branch in Mount Vernon and a branch in Newark.