HomeTrust Bancshares reported net income of $17.97 million for the three months ended Sep 30, 2026.

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For the quarterly period ended June September 30, 2026

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There were 16,693,180 15,816,410 shares of common stock, par value of $0.01 per share, issued and outstanding as of July October 30, 2026.

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Financial statements 264 changes

3 unchanged paragraphs

Cash $ 17,141 $ 14,411

June September 30, 2026 December 31, 2025

Cash $ 15,001 $ 14,411

Interest-bearing deposits 255,403 231,465 310,281

Cash and cash equivalents 272,544 246,466 324,692

Certificates of deposit in other banks 11,629 8,697 18,841

Debt securities available for sale, at fair value (amortized cost of $ 146,448 143,078 and $ 141,793 at June September 30, 2026 and December 31, 2025, respectively)

FHLB and FRB stock 13,620 15,983 13,636

SBIC investments 20,398 20,754 18,818

Loans held for sale, at fair value 2,999 4,172 7,005

Loans held for sale, at the lower of cost or fair value 117,891 97,317 198,688

Loans, net of deferred loan fees and costs 3,622,244 3,628,326 3,578,154

Allowance for credit losses – loans ( 39,789 39,501 ) ( 41,479 )

Loans, net 3,582,455 3,588,825 3,536,675

Premises and equipment, net 62,485 62,483 62,400

Accrued interest receivable 14,530 13,438 15,973

Deferred income taxes, net 9,395 11,092 9,922

Income tax receivable 21,422 5,738

1 unchanged paragraph

Other assets 52,713 63,556

Core deposit intangibles, net 4,172 3,870 4,848

Other assets 58,089 57,818

Total assets $ 4,440,278 4,421,757 $ 4,545,635

1 unchanged paragraph

Deposits $ 3,606,847 3,583,609 $ 3,709,997

1 unchanged paragraph

Other liabilities 57,831 59,728

Borrowings 175,000 214,000 165,000

Other liabilities 54,014 59,728

Total liabilities 3,839,678 3,851,623 3,944,945

3 unchanged paragraphs

Retained earnings 464,285 436,524

Common stock, $ 0.01 par value, 60,000,000 shares authorized, 16,727,821 15,816,210 and 17,286,289 shares issued and outstanding at June September 30, 2026 and December 31, 2025, respectively

Additional paid in capital 139,759 96,598 166,856

Retained earnings 479,823 436,524

Unearned ESOP shares ( 3,174 3,042 ) ( 3,438 )

Accumulated other comprehensive income (loss) ( 438 3,403 ) 575

Total stockholders' equity 600,600 570,134 600,690

Total liabilities and stockholders' equity $ 4,440,278 4,421,757 $ 4,545,635

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Three Months Ended June 30, Six Months Ended June 30,

Three Months Ended September 30, Nine Months Ended September 30,

1 unchanged paragraph

Loans $ 57,507 $ 60,440 $ 115,232 $ 119,053

Debt securities available for sale 1,667 1,658 3,271 3,445

Total interest and dividend income 61,173 63,641 122,670 127,276

Deposits 15,578 18,856 32,428 39,219

Junior subordinated debt 151 206 339 411

Borrowings 150 350 304 510

Total interest expense 15,879 19,412 33,071 40,140

Net interest income 45,294 44,229 89,599 87,136

Provision for credit losses 920 1,303 1,290 2,843

Loan income and fees 501 548 1,193 1,269

BOLI income 893 852 1,785 1,694

Operating lease income 1,407 1,876 3,299 3,255

Other 844 794 1,954 1,727

Total noninterest income 9,247 10,157 19,278 18,184

Salaries and employee benefits 20,169 18,208 40,046 35,907

Occupancy expense, net 2,417 2,375 5,047 4,886

Computer services 3,027 2,488 5,904 5,293

Operating lease depreciation expense 1,378 1,789 2,894 3,657

Telephone, postage and supplies 509 561 1,090 1,107

Marketing and advertising 584 442 1,001 894

Deposit insurance premiums 481 473 965 984

Core deposit intangible amortization 302 411 676 926

Other 4,033 4,508 8,252 8,562

Total noninterest expense 33,979 31,255 66,954 62,216

Income before income taxes 19,642 21,828 40,633 40,261

Income tax expense 4,012 4,618 8,231 8,512

Net income $ 15,630 $ 17,210 $ 32,402 $ 31,749

Loans $ 59,330 $ 61,749 $ 174,562 $ 180,802

Debt securities available for sale 1,701 1,662 4,972 5,107

Other investments and interest-bearing deposits 1,999 1,543 4,167 4,778 1,858 1,984 6,025 6,762

Total interest and dividend income 62,889 65,395 185,559 192,671

Deposits 16,307 19,474 48,735 58,693

Junior subordinated debt — 207 339 618

Borrowings 119 325 423 835

Total interest expense 16,426 20,006 49,497 60,146

Net interest income 46,463 45,389 136,062 132,525

Provision for credit losses 805 2,015 2,095 4,858

Net interest income after provision for credit losses 44,374 42,926 88,309 84,293 45,658 43,374 133,967 127,667

Service charges and fees on deposit accounts 2,627 2,502 5,041 4,746 2,586 2,527 7,627 7,273

Loan income and fees 1,178 577 2,371 1,846

Gain on sale of loans held for sale 1,874 2,109 4,528 4,017 1,592 1,725 6,120 5,742

BOLI income 925 882 2,710 2,576

Operating lease income 1,731 1,777 5,030 5,032

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and 184 more changes in the filing

Note 1: Summary of Significant Accounting Policies 2 changes

1 unchanged paragraph

As a result of its merger with Quantum on February 12, 2023, HomeTrust became the 100 % successor owner of the Quantum Capital Statutory Trust II ("the Trust") Delaware trust. The sole assets of the trust represented the proceeds of offerings loaned in exchange for subordinated debentures with similar terms to the trust preferred securities; however, the Company elected to redeem the junior subordinated debt securities on June 15, 2026 as discussed further in "Note 7 – Borrowings – Junior Subordinated Debentures." As its sole purpose has been fulfilled, the Company has initiated action to dissolve dissolved the trust in the third quarter of 2026.

The accompanying unaudited consolidated financial statements have been prepared in accordance with US GAAP for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X as promulgated by the SEC. Accordingly, they do not include all the information and footnotes required by US GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the financial position and results of operations for the periods presented have been included. It is recommended that these unaudited interim consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended December 31, 2025 ("2025 Form 10-K") filed with the SEC on March 13, 2026. The results of operations for the six nine months ended June September 30, 2026 are not necessarily indicative of results that may be expected for the fiscal year ending December 31, 2026, the period which will be covered on a Report on Form 10-K.

2 unchanged paragraphs

Note 3: Debt Securities 26 changes

3 unchanged paragraphs

MBS, residential $ 142,116 $ 1,072 $ ( 1,453 ) $ 141,735

Municipal bonds 1,832 — ( 19 ) 1,813

Total $ 146,448 $ 1,072 $ ( 1,640 ) $ 145,880

MBS, residential $ 139,155 $ 20 $ ( 4,256 ) $ 134,919

Municipal bonds 1,423 — ( 23 ) 1,400

Corporate bonds 2,500 — ( 168 161 ) 2,332 2,339

Total $ 143,078 $ 20 $ ( 4,440 ) $ 138,658

6 unchanged paragraphs

Debt securities available for sale by contractual maturity at June September 30, 2026 and December 31, 2025 are shown below. MBS are not included in the maturity categories because the borrowers in the underlying pools may prepay without penalty; therefore, it is unlikely that the securities will pay at their stated maturity schedule.

1 unchanged paragraph

Due within one year $ 905 1,005 $ 904 997

Due after one year through five years 927 909 1,168 1,153

Due after five years through ten years 2,500 2,332 1,750 1,589

1 unchanged paragraph

MBS, residential 142,116 141,735

Total $ 146,448 $ 145,880

MBS, residential 139,155 134,919

Total $ 143,078 $ 138,658

7 unchanged paragraphs

The Company had no sales of debt securities available for sale and no gross realized gains or losses were recognized during the six nine months ended June September 30, 2026 or 2025.

Debt securities available for sale with amortized costs totaling $ 25,658 44,785 and $ 73,944 and market values of $ 25,474 43,063 and $ 74,987 at June September 30, 2026 and December 31, 2025, respectively, were pledged as collateral to secure various public deposits and other borrowings.

The gross unrealized losses and the fair value of debt securities available for sale aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of June September 30, 2026 and December 31, 2025 were as follows:

1 unchanged paragraph

MBS, residential $ 68,135 $ ( 615 ) $ 20,355 $ ( 838 ) $ 88,490 $ ( 1,453 )

Municipal bonds 499 ( 1 ) 1,314 ( 18 ) 1,813 ( 19 )

Corporate bonds — — 1,582 ( 168 ) 1,582 ( 168 )

Total $ 68,634 $ ( 616 ) $ 23,251 $ ( 1,024 ) $ 91,885 $ ( 1,640 )

MBS, residential $ 110,040 $ ( 3,258 ) $ 14,283 $ ( 998 ) $ 124,323 $ ( 4,256 )

Municipal bonds 497 ( 3 ) 903 ( 20 ) 1,400 ( 23 )

Corporate bonds — — 1,589 ( 161 ) 1,589 ( 161 )

Total $ 110,537 $ ( 3,261 ) $ 16,775 $ ( 1,179 ) $ 127,312 $ ( 4,440 )

1 unchanged paragraph

Note 4: Loans Held For Sale 6 changes

1 unchanged paragraph

HELOCs 81,670 162,817

June September 30, 2026 December 31, 2025

One-to-four family $ 164 532 $ 304

HELOCs 56,680 162,817

Total loans held for sale, at the lower of cost or fair value $ 117,891 97,317 $ 198,688

The carrying balance of loans held for sale, at fair value, was $ 2,999 4,172 and $ 7,005 at June September 30, 2026 and December 31, 2025, respectively, while the amortized cost of these loans was $ 2,937 4,207 and $ 6,896 , respectively, at the same dates.

1 unchanged paragraph

Note 5: Loans and Allowance for Credit Losses on Loans 26 changes

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June September 30, 2026 December 31, 2025

1 unchanged paragraph

Multifamily 128,492 110,912

Equipment finance 260,670 311,356

Municipal leases 169,611 166,396

Total commercial 823,157 856,438

Construction and land development $ 326,985 336,851 $ 277,028

Commercial real estate – owner occupied 536,475 554,160 562,049

Commercial real estate – non-owner occupied 875,143 826,745 832,502

Multifamily 137,122 110,912

Total commercial real estate 1,867,095 1,854,878 1,782,491

Commercial and industrial 392,876 418,045 378,686

Equipment finance 237,065 311,356

Municipal leases 162,410 166,396

Total commercial 817,520 856,438

1 unchanged paragraph

HELOCs 236,357 217,310

Consumer 30,472 42,787

Construction and land development 47,694 50,206 45,617

One-to-four family 617,469 623,822 633,511

HELOCs 255,991 217,310

Total residential real estate 901,520 930,019 896,438

Consumer 25,909 42,787

Total loans, net of deferred loan fees and costs 3,622,244 3,628,326 3,578,154

Allowance for credit losses – loans ( 39,789 39,501 ) ( 41,479 )

Loans, net $ 3,582,455 3,588,825 $ 3,536,675

(1) June September 30, 2026 and December 31, 2025 accrued interest receivable of $ 13,845 12,664 and $ 15,305 was accounted for separately from the amortized cost basis.

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Loans are made to the Company's executive officers, directors and their associates during the ordinary course of business. The aggregate amount of loans to related parties totaled $ 0 at both June September 30, 2026 and December 31, 2025. In relation to these loans are unfunded commitments that totaled approximately $ 3 at both June September 30, 2026 and December 31, 2025.

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Note 6: Deposits 13 changes

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NOW accounts 541,807 546,387

Savings accounts 165,902 171,455

Noninterest-bearing accounts $ 739,787 773,502 $ 707,748

NOW accounts 550,907 546,387

Money market accounts 1,421,600 1,381,671 1,374,635

Savings accounts 161,826 171,455

Certificates of deposit 737,751 715,703 909,772

Total $ 3,606,847 3,583,609 $ 3,709,997

Deposits received from executive officers, directors and their associates totaled approximately $ 1,799 1,612 and $ 1,105 at June September 30, 2026 and December 31, 2025 , respectively.

As of June September 30, 2026, scheduled maturities of certificates of deposit were as follows:

Remainder of 2026 $ 609,523 372,096

Certificates of deposit with balances of $250 or greater totaled $ 158,439 159,345 and $ 198,473 at June September 30, 2026 and December 31, 2025 , respectively. Generally, deposit amounts in excess of $250 are not federally insured.

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY

Note 7: Borrowings 11 changes

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HOMETRUST BANCSHARES, INC. AND SUBSIDIARY

On February 21, 2007, Quantum formed a Delaware statutory trust, Quantum Capital Statutory Trust II (the "Trust"), which issued $ 11,000 of trust preferred securities that were designed to qualify as Tier I capital under Federal Reserve Board guidelines. All of the common securities of the Trust were owned by Quantum. The proceeds from the issuance of the common securities and the trust preferred securities were used by the Trust to purchase $ 11,341 of junior subordinated debentures of Quantum. As a result of its merger with Quantum on February 12, 2023, HomeTrust became the 100 % successor owner of the common securities of the Trust.

The trust preferred securities, which accrued and paid quarterly distributions at a floating rate of 3-month Term SOFR plus 2.20 %, were mandatorily redeemable upon maturity of the debentures on March 15, 2037 or upon earlier redemption as provided in the indenture, and the Company elected to redeem the trust preferred securities in whole on June 15, 2026. The redemption price was the principal amount and any accrued but unpaid interest. The Company had previously established a fair value mark (discount) on the junior subordinated debt securities when accounting for the referenced merger, which was being accreted into income through interest expense. Associated with the redemption of the debt instruments, the remaining unaccreted discount of $ 1,079 was written off through other noninterest expense.

Borrowings, outside of junior subordinated debt, consisted of the following at the dates indicated:

September 30, 2026 December 31, 2025

Balance Weighted Average Rate Balance Weighted Average Rate

FHLB advances (short-term) $ 50,000 4.13 % $ — — %

FRB advances (short-term) 164,000 4.00 165,000 3.75

Total other borrowings $ 214,000 4.03 % $ 165,000 3.75 %

All qualifying one-to-four family loans, HELOCs, commercial real estate loans, multifamily loans and FHLB of Atlanta stock are pledged as collateral to secure outstanding FHLB advances while commercial construction loans, indirect auto loans, and equipment and municipal leases are pledged as collateral to secure outstanding FRB advances. At September 30, 2026 and December 31, 2025 , the Company had the ability to borrow $ 338,146 and $ 355,296 , respectively, through additional FHLB advances and $ 480 and $ 66,347 , respectively, through the unused portion of a line of credit with the FRB.

At September 30, 2026 and December 31 , 2025 , the Company maintai ned revolving lines of credit with four unaffiliated banks which totaled $ 135,000 and $ 165,000 , respectively. At both dates, the aggregate outstanding balance on the revolving lines of credit was $ 0 .

Note 8: Leases 12 changes

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ROU assets $ 7,047 $ 7,634

Lease liabilities $ 8,357 $ 9,047

June September 30, 2026 December 31, 2025

ROU assets $ 6,722 $ 7,634

Lease liabilities $ 7,950 $ 9,047

Weighted-average remaining lease terms (years) 7.4 7.3 7.5

Weighted-average discount rate 3.66 3.68 % 3.64 %

The following schedule summarizes aggregate future minimum lease payments under these operating leases at June September 30, 2026:

Remainder of 2026 $ 965 484

Total undiscounted minimum lease payments 9,617 9,136

Less: amount representing interest ( 1,260 1,186 )

Total lease liability $ 8,357 7,950

1 unchanged paragraph

Note 9: Equity Incentive Plan 1 change

The Company historically provided stock-based awards through the 2013 Omnibus Incentive Plan, which provided for awards of restricted stock, restricted stock units, stock options, stock appreciation rights and cash awards to directors, directors emeritus, officers, employees and advisory directors. On November 14, 2022, at the Company's annual meeting, stockholders approved the 2022 Omnibus Incentive Plan which

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Notes to the financial statements 39 changes

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advisory directors. On November 14, 2022, at the Company's annual meeting, stockholders approved the 2022 Omnibus Incentive Plan which provides for the same types of awards as described under the 2013 Omnibus Incentive Plan. Going forward, any future grants will be made under this plan.

2 unchanged paragraphs

Three Months Ended June 30, Six Months Ended June 30,

Share-based compensation expense $ 713 $ 496 $ 1,480 $ 986

Tax benefit 164 117 340 233

Three Months Ended September 30, Nine Months Ended September 30,

Share-based compensation expense $ 835 $ 593 $ 2,315 $ 1,579

Tax benefit 192 140 532 373

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Exercised ( 13,700 ) 24.08

Exercised ( 33,900 ) 24.94

1 unchanged paragraph

Options outstanding at June 30, 2025 398,537 $ 26.08 3.3 $ 4,514

Exercisable at June 30, 2025 373,157 $ 25.93 3.1 $ 4,285

Options outstanding at September 30, 2025 378,337 $ 26.11 3.0 $ 5,610

Exercisable at September 30, 2025 352,957 $ 25.95 2.7 $ 5,291

Non-vested at June September 30, 2025 25,380 $ 28.37 6.4 6.1 $ 230 319

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Exercised ( 125,920 ) 25.61

Forfeited ( 210 ) 31.35

Options outstanding at June 30, 2026 228,667 $ 26.50 2.6 $ 5,349

Exercisable at June 30, 2026 219,587 $ 26.34 2.5 $ 5,171

Non-vested at June 30, 2026 9,080 $ 30.34 5.7 $ 178

Exercised ( 138,840 ) 25.59

Forfeited ( 290 ) 31.35

Expired ( 3,700 ) 26.94 — —

Options outstanding at September 30, 2026 211,967 $ 26.55 2.4 $ 4,074

Exercisable at September 30, 2026 202,967 $ 26.38 2.3 $ 3,935

Non-vested at September 30, 2026 9,000 $ 30.33 5.4 $ 139

There were no options granted during the six nine months ended June September 30, 2026 or 2025.

At June September 30, 2026, the Company had $ 48 28 of unrecognized compensation expense related to 9,080 9,000 stock options originally scheduled to vest over a five-year period. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 0.6 0.4 years at June September 30, 2026. At June September 30, 2025, the Company had $ 156 125 of unrecognized compensation expense related to 25,380 stock options originally scheduled to vest over a five-year period. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 0.9 0.7 years at June September 30, 2025.

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Vested ( 50,326 ) — 27.20

Forfeited ( 3,621 ) — 26.90

Non-vested at June 30, 2025 143,964 45,445 $ 31.18 $ 7,086

Granted 59,329 60,329 15,444 37.38 37.40

Vested ( 50,326 ) ( 9,996 ) 27.24

Forfeited ( 3,621 ) ( 4,108 ) 27.19

Non-vested at September 30, 2025 144,964 31,341 $ 31.52 $ 7,128

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Forfeited ( 3,458 ) — 34.59

Non-vested at June 30, 2026 152,808 57,375 $ 36.86 $ 10,486

Forfeited ( 3,538 ) — 34.52

Non-vested at September 30, 2026 152,728 57,375 $ 36.86 $ 9,616 (1) Restricted stock awards granted in calendar year 2026 are scheduled to vest over 1.0 year for director awards and 3.0 years for employee awards. All restricted stock awards granted prior to calendar year 2026 are scheduled to vest over 1.0 year for director awards and 5.0 years for employee awards.

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At June 30, 2026, unrecognized compensation expense was $ 6,308 related to 210,183 shares of restricted stock. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 1.7 years at June 30, 2026. At June 30, 2025, unrecognized compensation expense was $ 4,803 related to 189,409 shares of restricted stock. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 1.8 years at June 30, 2025.

1 unchanged paragraph

Note 10: Net Income per Share 16 changes

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Three Months Ended June 30, Six Months Ended June 30,

Net income $ 15,630 $ 17,210 $ 32,402 $ 31,749

Weighted-average common shares outstanding - basic 16,311,782 17,006,141 16,446,295 17,008,699

Weighted-average common shares outstanding - diluted 16,423,442 17,106,448 16,569,902 17,109,842

Net income per share - basic $ 0.95 $ 1.01 $ 1.95 $ 1.85

Net income per share - diluted $ 0.94 $ 1.00 $ 1.93 $ 1.84

Three Months Ended September 30, Nine Months Ended September 30,

Net income $ 17,965 $ 16,491 $ 50,367 $ 48,240

Allocation of earnings to participating securities ( 199 234 ) ( 190 169 ) ( 409 642 ) ( 350 495 )

Numerator for basic and diluted EPS - net income available to common stockholders $ 15,431 17,731 $ 17,020 16,322 $ 31,993 49,725 $ 31,399 47,745

Weighted-average common shares outstanding - basic 15,902,548 16,998,549 16,262,982 17,005,206

Dilutive effect of assumed exercise of stock options 111,660 100,307 123,607 101,143 96,654 131,481 115,640 112,399

Weighted-average common shares outstanding - diluted 15,999,202 17,130,030 16,378,622 17,117,605

Net income per share - basic $ 1.11 $ 0.96 $ 3.06 $ 2.81

Net income per share - diluted $ 1.11 $ 0.95 $ 3.04 $ 2.79

Potential dilutive shares are excluded from the computation of earnings per share if their effect is anti-dilutive. There were no stock options that were anti-dilutive as of June September 30, 2026 or 2025.

Note 11: Commitments and Contingencies 13 changes

2 unchanged paragraphs

June September 30, 2026 December 31, 2025

Variable rate commitments $ 50,913 67,948 $ 87,259

1 unchanged paragraph

Total loan commitments $ 71,888 103,254 $ 121,975

Range of fixed interest rates 2.00 4.09 % - 12.85 9.75 %

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Equity Investment Commitments – The Company invests in a variety of equity investments. For investments where the Company's original commitment amount has not been funded in full, the table below summarizes the Company's outstanding commitments:

June 30, 2026 December 31, 2025

Original Commitment Remaining Commitments Original Commitment Remaining Commitments

Fintech $ 2,500 $ 1,875 $ — $ —

Low income housing 4,500 452 4,500 483

SBIC 19,000 8,573 19,000 9,983

Solar tax equity 10,000 2,519 10,000 2,519

Total $ 36,000 $ 13,419 $ 33,500 $ 12,985

The Company has two types of commitments related to certain one-to-four family loans held for sale: rate lock commitments and forward loan commitments. Rate lock commitments are commitments to extend credit to a customer that has an interest rate lock and are considered derivative instruments. The rate lock commitments do not qualify for hedge accounting. In order to mitigate the risk from interest rate fluctuations, the Company enters into forward loan sale commitments such as TBAs, mandatory delivery commitments with investors, or best efforts forward sale commitments with investors. The fair value of these interest rate lock commitments was not material at June September 30, 2026 or December 31, 2025.

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Note 12: Fair Value of Financial Instruments 20 changes

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A financial instrument's level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The following is a description of valuation methodologies used for assets recorded at fair value. As of June September 30, 2026 and December 31, 2025, the Company did not have any liabilities recorded at fair value.

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Financial Assets Recorded at Fair Value

The following table presents financial assets measured at fair value on a recurring basis at the dates indicated:

Total Level 1 Level 2 Level 3

Debt securities available for sale

MBS, residential $ 141,735 $ — $ 141,735 $ —

Municipal bonds 1,813 — 1,813 —

Corporate bonds 2,332 — 2,332 —

Total debt securities available for sale $ 145,880 $ — $ 145,880 $ —

Loans held for sale $ 2,999 $ — $ 2,999 $ —

Total Level 1 Level 2 Level 3

Debt securities available for sale

MBS, residential $ 136,082 $ — $ 136,082 $ —

Municipal bonds 1,826 — 1,826 —

Corporate bonds 4,632 — 4,632 —

Total debt securities available for sale $ 142,540 $ — $ 142,540 $ —

Loans held for sale $ 7,005 $ — $ 7,005 $ —

Debt securities available for sale are valued on a recurring basis at quoted market prices where available. If quoted market prices are not available, fair values are based on quoted prices of comparable securities. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange or U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include MBS and debentures issued by GSEs, municipal bonds and corporate debt securities. The Company has no Level 3 securities.

Loans held for sale carried at fair value are valued at the individual loan level using quoted secondary market prices.

There were no transfers between levels during the six months ended June 30, 2026 or 2025.

1 unchanged paragraph

Forward-looking statements 444 changes

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• expected revenues, cost savings, synergies and other benefits from our merger and acquisition activities, including our proposed acquisition of Blue Ridge Bankshares, Inc. ("Blue Ridge"), might not be realized to the extent anticipated, within the anticipated time frames, or at all, costs or difficulties relating to integration matters, including but not limited to customer and employee retention, might be greater than expected, and goodwill impairment charges might be incurred;

• specific to our proposed acquisition of Blue Ridge:

• the timing and completion of the merger is dependent on the satisfaction of customary closing conditions, and various other factors that cannot be predicted with precision at this point;

• the occurrence of any event, change or other circumstances that could give rise to the right of HomeTrust, Blue Ridge or both to terminate the merger agreement;

• completion of the merger is subject to bank regulatory approvals and such approvals may not be obtained in a timely manner or at all or may be subject to conditions which may cause additional significant expense or delay the consummation of the merger;

• potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the merger;

• the diversion of attention and time by the respective management teams of HomeTrust and Blue Ridge from ongoing business operations and opportunities on merger-related matters;

• the outcome of any legal proceedings related to the merger which may be instituted against HomeTrust or Blue Ridge;

• unanticipated challenges or delays in the integration of Blue Ridge's business into HomeTrust's business and/or the conversion of Blue Ridge's operating systems and customer data onto HomeTrust's may significantly increase the expense associated with the merger; and

• other factors that may affect future results of Blue Ridge and HomeTrust.

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• quarterly cash dividends increased $0.02 per share, or 15.4%, to $0.15 per share totaling $2.4 million compared to $0.13 per share totaling $2.2 million; and

• diluted EPS were $1.93 compared to $1.84;

Proposed Merger with Blue Ridge Bankshares, Inc.

On August 16, 2026, the Company, Blue Ridge Bankshares, Inc., a Virginia corporation ("Blue Ridge"), and Kinloch Merger Sub, Inc., a Virginia corporation and wholly owned subsidiary of the Company ("Merger Sub"), entered into an Agreement and Plan of Merger (the "merger agreement"). Pursuant to the terms and conditions set forth in the merger agreement, Merger Sub will merge with and into Blue Ridge (the "merger"), with Blue Ridge continuing as the surviving corporation, and immediately following the merger, Blue Ridge will merge with and into the Company (the "second step merger"), with the Company continuing as the surviving corporation.

Immediately following the second step merger, Blue Ridge Bank, National Association, the wholly owned bank subsidiary of Blue Ridge, will merge with and into HomeTrust Bank, the wholly owned bank subsidiary of the Company, with HomeTrust Bank as the surviving bank.

Subject to the terms and conditions of the merger agreement, at the effective time of the merger ("effective time"), each share of Blue Ridge common stock issued and outstanding immediately prior to the effective time, subject to limited exceptions, will be converted into the right to receive 0.086 of a share of Company common stock, plus cash in lieu of any fractional shares.

The transaction has been approved by the boards of directors of both companies, and all required regulatory applications have been filed. The transaction is expected to close early in the first quarter of 2027, subject to all regulatory and shareholder approvals and the satisfaction of customary closing conditions.

The total value of the transaction will fluctuate based on the Company's stock price prior to closing. Upon completion of the transaction, Blue Ridge shareholders are expected to own approximately 35% of the Company. The combined company will continue to trade on the NYSE under the ticker symbol "HTB."

For the quarter ended June September 30, 2026 compared to the quarter ended March 31, June 30, 2026:

• net income was $15.6 $18.0 million compared to $16.8 $15.6 million;

• diluted EPS were $0.94 $1.11 compared to $0.99; $0.94;

• annualized ROA was 1.46% 1.65% compared to 1.55%; 1.46%;

• annualized ROE was 10.44% 12.06% compared to 11.35%; 10.44%;

• net interest margin was 4.41% 4.46% compared to 4.31%; 4.41%;

• provision for credit losses was $920,000 $805,000 compared to $370,000; $920,000;

• gain on the sale of real estate fixed assets was $1.1 million $21,000 compared to $377,000; $1.1 million;

• loss on the redemption of junior subordinated debt securities was $1.1 million $0 compared to $0; $1.1 million;

• merger-related expense was $904,000 compared to $0;

• utilization of purchased renewable energy income tax credits resulted in a $1.9 million federal income tax benefit compared to $0;

• quarterly cash dividends continued at $0.15 per share totaling $2.4 million for each period; and

• 153,606 923,897 shares of Company common stock were repurchased during the current quarter at an average price of $46.31 $48.03 compared to 533,240 153,606 shares repurchased at an average price of $42.85 $46.31 in the prior quarter.

For the six nine months ended June September 30, 2026 compared to the six nine months ended June September 30, 2025:

• net income was $32.4 $50.4 million compared to $31.7 $48.2 million;

• diluted EPS were $3.04 compared to $2.79;

• annualized ROA was 1.51% 1.55% compared to 1.46%;

• annualized ROE was 10.89% 11.28% compared to 11.26%; 11.20%;

• net interest margin was 4.36% 4.39% compared to 4.25%; 4.27%;

• provision for credit losses was $1.3 $2.1 million compared to $2.8 $4.9 million;

• gain on the sale of our two Knoxville, Tennessee branches was $0 compared to $1.4 million;

• merger-related expense was $904,000 compared to $0;

• utilization of purchased renewable energy income tax credits resulted in a $1.9 million federal income tax benefit compared to $0;

• cash dividends were $0.28 $0.43 per share totaling $4.6 $7.1 million compared to $0.24 $0.36 per share totaling $4.1 $6.2 million; and

• 686,846 1,610,743 shares of Company common stock were repurchased at an average price of $43.62 $46.15 compared to 93,212 shares of Company common stock repurchased at an average price of $35.41 in the same period last year.

Three Months Ended Six Nine Months Ended

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March 31, 2026 June 30, 2026

Interest and dividend income $ 61,173 $ 61,497 $ 122,670 $ 127,276

Interest expense 15,879 17,192 33,071 40,140

Net interest income 45,294 44,305 89,599 87,136

Provision for credit losses 920 370 1,290 2,843

Noninterest income 9,247 10,031 19,278 18,184

Noninterest expense 33,979 32,975 66,954 62,216

Income before income taxes 19,642 20,991 40,633 40,261

Income tax expense 4,012 4,219 8,231 8,512

Net income $ 15,630 $ 16,772 $ 32,402 $ 31,749

June 30, 2026 September 30, 2026

Interest and dividend income $ 62,889 $ 61,173 $ 185,559 $ 192,671

Interest expense 16,426 15,879 49,497 60,146

Net interest income 46,463 45,294 136,062 132,525

Provision for credit losses 805 920 2,095 4,858

Net interest income after provision for credit losses 45,658 44,374 43,935 88,309 84,293 133,967 127,667

Noninterest income 9,069 9,247 28,347 26,935

Noninterest expense 34,137 33,979 101,091 93,482

Income before income taxes 20,590 19,642 61,223 61,120

Income tax expense 2,625 4,012 10,856 12,880

Net income $ 17,965 $ 15,630 $ 50,367 $ 48,240

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Basic $ 0.95 $ 1.00 $ 1.95 $ 1.85

Diluted 0.94 0.99 1.93 1.84

Basic $ 1.11 $ 0.95 $ 3.06 $ 2.81

Diluted 1.11 0.94 3.04 2.79

Cash dividends declared per common share 0.15 0.13 0.28 0.24 0.15 0.43 0.36

Book value per share at end of period 35.90 35.26 36.05 35.90 33.12 36.05 34.01

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Market price per share at end of period 49.89 42.65 45.77 49.89 37.41 45.77 40.94 (1) Basic and diluted net income per common share have been prepared in accordance with the two-class method.

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Total stockholders' equity $ 600,600 $ 592,407 $ 579,274

Tangible book value $ 563,277 $ 554,851 $ 540,797

Common shares outstanding 16,727,821 16,803,185 17,492,143

Book value per share $ 35.90 $ 35.26 $ 33.12

(Dollars in thousands, except per share data) June September 30, 2026 March 31, 2026 June 30, 2026 September 30, 2025

Total stockholders' equity $ 570,134 $ 600,600 $ 595,833

Less: goodwill, core deposit intangibles, net of taxes 37,091 37,323 37,556 38,477 38,160

Tangible book value $ 533,043 $ 563,277 $ 557,673

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and 364 more changes in the filing

Controls and procedures 2 changes

Evaluation of Disclosure Controls and Procedures : An evaluation of our disclosure controls and procedures (as defined in Rule 13a-15(e) of the Securities Exchange Act of 1934 (the "Act")) as of June September 30, 2026, was carried out under the supervision and with the participation of the Company's Chief Executive Officer, Chief Financial Officer and several other members of the Company's senior management. The Company's Chief Executive Officer and Chief Financial Officer concluded that the Company's disclosure controls and procedures in effect as of June September 30, 2026, were effective in ensuring that the information required to be disclosed by the Company in the reports it files or submits under the Act is: (i) accumulated and communicated to the Company's management (including the Chief Executive Officer and Chief Financial Officer) in a timely manner and (ii) recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms.

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Changes in Internal Controls : There have been no changes in the Company's internal control over financial reporting during the quarter ended June September 30, 2026 that have materially affected, or are reasonably likely to materially affect, the Company's internal control over financial reporting.

Risk factors 11 changes

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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds (a) Not applicable (b) Not applicable (c) The following table provides information about repurchases of common stock by the Company during the quarter ended June September 30, 2026:

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April 1 - April 30, 2026 5,952 $ 45.31 5,952 239,551

May 1 - May 31, 2026 79,876 45.58 79,876 159,675

June 1 - June 30, 2026 67,778 47.25 67,778 91,897

Total 153,606 $ 46.31 153,606 91,897

July 1 - July 31, 2026 66,436 $ 50.80 66,436 25,461

August 1 - August 31, 2026 500,202 48.15 500,202 357,259

September 1 - September 30, 2026 357,259 47.34 357,259 —

Total 923,897 $ 48.03 923,897 —

The Company's Board of Directors has, from time to time, authorized the repurchase of its common stock. In July 2026, the most recent time this was done, Company completed the repurchase plan originally authorized on December 16, 15, 2025, of 870,000 shares of common stock which represented approximately 5% of the Company's outstanding shares at the time of the announcement. On August 4, 2026, an additional 832,000 shares of common stock were authorized for repurchase representing approximately 5% of the Company's outstanding shares at the time of the announcement. As of June September 30, 2026, 778,103 all of these shares had been purchased at an average price of $43.73 $47.70 per share. 686,846 of which were repurchased during the six months ended June 30, 2026. The shares may be purchased in the open market or in privately negotiated transactions, from time to time depending upon market conditions and other factors.

On October 5, 2026, the Company announced the completion of the previous stock repurchase program and the authorization of the repurchase of an additional 790,000 shares of common stock, representing approximately 5% of the Company's outstanding shares at the time of the announcement. The shares may be purchased in the open market or in privately negotiated transactions, from time to time depending upon market conditions and other factors.

Other information 1 change

Trading Plans : During the quarter ended June September 30, 2026, no director or officer (as defined in Rule 16a-1(f) under the Exchange Act) of the Company adopted or terminated a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in Item 408(a) of Regulation S-K.

Exhibits 2 changes

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Date: August November 6, 2026 By: /s/ C. Hunter Westbrook

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Date: August November 6, 2026 By: /s/ Tony J. VunCannon

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