Lafayette based Home Bank's holding company raised $90 million in its initial public offering of 8.93 million shares of common stock at $10 per share. The bank's stock offering expired Sept. 17, and its plan of conversion from a mutual to stock ownership was approved by its members on Sept. 26.
Home Bancorp, the holding company for Home Bank, plans to complete its conversion and stock offering this week, with trading expected to begin on the Nasdaq Global Market Friday under the symbol “HBCP.”
As of June 30, 2008, Home Bancorp had $448.1 million in assets, $355.8 million in deposits and $50.8 million in total equity. The federally chartered savings bank has nine full service branch offices in Acadiana and one full-service location and loan production office in Baton Rouge.
David Calhoun and Elizabeth “EB” Brooks are the first two employees of Lafayette Central Park Inc., the nonprofit charged with turning Lafayette Consolidated Government’s 100-acre Johnston Street Horse Farm property into a passive public park. Calhoun was named executive director, and Brooks is director of planning and design.
There will soon be a whole lot of shakin’ going on at Benny’s Sportshack Supplement Depot, a new concept by Opelousas native Benny Nele. Located at 2002 Johnston St., the supplement shop, smoothie bar and café, featuring hot off the press paninis and wraps, plans to open in late May.