Home Federal

Home Federal Bancorp, Inc. of Louisiana Announces Completion of Merger With Northwest Bancshares Corporation

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Wednesday, February 1, 2023

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SHREVEPORT, La., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (“Home Federal”) (Nasdaq: HFBL), the holding company of Home Federal Bank, announced the completion of the acquisition of Northwest Bancshares Corporation (“NWB”) and its wholly-owned subsidiary, First National Bank of Benton (“FNBB”), effective as of February 1, 2023.

Key Points:

SHREVEPORT, La., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (“Home Federal”) (Nasdaq: HFBL), the holding company of Home Federal Bank, announced the completion of the acquisition of Northwest Bancshares Corporation (“NWB”) and its wholly-owned subsidiary, First National Bank of Benton (“FNBB”), effective as of February 1, 2023.
Under the terms of the Merger Agreement, shareholders of NWB will receive $128.16 in cash for each share of NWB common stock they hold.
Home Federal plans to operate the existing branch of FNBB as a Division of Home Federal Bank through May, 2023.
Northwest Bancshares was advised by SEACAP Financial, LLC and the law firm of Butler Snow LLP.

Home Federal Bancorp, Inc. of Louisiana Announces Agreement to Acquire Northwest Bancshares Corporation

Retrieved on:

Tuesday, October 4, 2022

SHREVEPORT, La., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the Company or Home Federal Bancorp) (Nasdaq: HFBL), the holding company of Home Federal Bank, and Northwest Bancshares Corporation (Northwest Bancshares), the holding company of the First National Bank of Benton (First National), announced today the signing of a definitive Agreement and Plan of Merger (Merger Agreement) pursuant to which the Company will acquire Northwest Bancshares in an all cash acquisition.

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SHREVEPORT, La., Oct. 04, 2022 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. of Louisiana (the Company or Home Federal Bancorp) (Nasdaq: HFBL), the holding company of Home Federal Bank, and Northwest Bancshares Corporation (Northwest Bancshares), the holding company of the First National Bank of Benton (First National), announced today the signing of a definitive Agreement and Plan of Merger (Merger Agreement) pursuant to which the Company will acquire Northwest Bancshares in an all cash acquisition.
Justin Whittington, Chairman of the Board of Northwest Bancshares commented, This merger will benefit our customers, our community and our shareholders.
SEACAP Financial, LLC, acted as financial advisor to Northwest Bancshares andButler Snow LLPacted as its legal advisor in the transaction.
Home Federal Bancorp, Inc. of Louisiana is the holding company for Home Federal Bank which conducts business from its nine full-service banking offices and home office in northwest Louisiana.

Home Federal Bank Names Delayne Lewis as its First Chief Risk Officer

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Wednesday, March 30, 2022

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SHREVEPORT, La., March 30, 2022 (GLOBE NEWSWIRE) -- Home Federal Bank (HFB), a wholly-owned subsidiary of Home Federal Bancorp, Inc. of Louisiana (NASDAQ: HFBL), today announced the naming of Mrs. Delayne Lewis as its first Chief Risk Officer.

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SHREVEPORT, La., March 30, 2022 (GLOBE NEWSWIRE) -- Home Federal Bank (HFB), a wholly-owned subsidiary of Home Federal Bancorp, Inc. of Louisiana (NASDAQ: HFBL), today announced the naming of Mrs. Delayne Lewis as its first Chief Risk Officer.
Establishing the Chief Risk Officer position is an important step in our efforts to further strengthen the bank's risk and compliance management programs, said Jim Barlow, Chairman of the Board, President and CEO of Home Federal Bank.
"We are pleased to recognize Delayne and her commitment to Home Federal Bank.
Mrs. Lewis is the Risk Officer and BSA Officer for HFB, serves on the Asset & Liability and Management Committee, and has played a significant role in developing, implementing, and updating bank policies, processes, tools, and systems to identify, assess, and report risk to the bank.

Anchor Bank and Home Federal Bank of Hollywood Merger Approved

Retrieved on:

Tuesday, August 24, 2021

Anchor Bank, a Palm Beach Gardens-based community bank, has announced that its merger with Hallandale Beach-based Home Federal Bank of Hollywood has been approved by the shareholders of both institutions, the Federal Reserve and the Florida Office of Financial Regulation.

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Anchor Bank, a Palm Beach Gardens-based community bank, has announced that its merger with Hallandale Beach-based Home Federal Bank of Hollywood has been approved by the shareholders of both institutions, the Federal Reserve and the Florida Office of Financial Regulation.
Home Federal Bank of Hollywoods CEO Scott Rosenberg will become a director of Anchor Bank and its one location at 900 North Federal Highway in Hallandale Beach will be rebranded as Anchor Bank.
View the full release here: https://www.businesswire.com/news/home/20210824005745/en/
Nelson Hinojosa, CEO of Anchor Bank (Photo: Business Wire)
Under the terms of the merger agreement, Home Federal shareholders will receive approximately 515 shares of Anchor common stock for each share of Home Federal common stock.
We are delighted to welcome all Home Federal clients to the Anchor Bank family, said Nelson Hinojosa, CEO of Anchor Bank.