Home Bank announces earnings increase

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Home Bank says its net income rose 8% when compared with the third quarter 2008. The Lafayette-based community bank had $1.5 million in net income during the quarter, a $105,000 increase over the year before. The bank, which launched an initial public offering a year ago, had diluted earnings per share of 17 cents during the quarter. Home Bank says it plans to buy back up to 5%, or 446,344 shares of common stock.

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