


Home said it should not need to raise more capital to complete the transaction. 'We are confident the enhanced products and services we offer will allow us to deepen those valued relationships.' Home said it expects the deal to be accretive to earnings per share in the first full year of combined operations and accretive to tangible book value per share within 3.5 years of closing. 'Bank of New Orleans has an exceptional customer base,' John Bordelon, Home Bancorp's president and chief executive, said in the release. Louisiana Bancorp has four branches, $275 million in loans and $201 million in deposits. The deal is expected to close in the fourth quarter. The $1.2 billion-asset Home said in a press release Thursday that it will pay about $75 million, or $24.25 a share, in cash for the $331 million-asset parent of Bank of New Orleans. Home Bancorp in Lafayette, La., has agreed to buy Louisiana Bancorp in Metairie. 'We are excited about the growth of the program and anticipate that it will continue,' Warden said. Through May the MPF government mortgage-backed securities program had securitized $271 million in single-family loans, according to Melissa Warden, a spokeswoman for the Chicago bank. Codigo registro activacion para winzip 16 5. The Chicago bank issued its first pool of government-backed loans in July 2015, totaling $5 million.Ĭonvert Uranium Backup 8 Serial trail version to full software. The program allows for the sale and securitization of Federal Housing Administration, Department of Veterans Affairs and Rural Housing Service loans. Interested members can sign up to receive daily MPF pricing so that they can compare it against other alternatives, Hess said Tuesday. 'As we looked at the program, we really liked the execution and the pricing that it provides,' said Dan Hess, the Topeka bank's chief business officer.

The Chicago and Atlanta banks have sold the most loans through the program, which is also used by the Boston bank.

