Home Federal Bancorp of Louisiana : 2023 Diversity Disclosure
December 19, 2023 at 03:38 pm EST
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Board Diversity Matrix (As of September 18, 2023)
Did Not
Disclose
Total Number of Directors: 6
Female
Male
Non-Binary
Gender
Part I: Gender Identity
Directors
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6
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Part II: Demographic Background
African American or Black
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Alaskan Native or Native American
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Asian
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Hispanic or Latinx
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Native Hawaiian or Pacific Islander
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White
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6
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Two or More Races or Ethnicities
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LGBTQ+
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Did Not Disclose Demographic Background
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On or prior to December 31, 2023, the Company is required to have at least one director who is considered "Diverse" as such term is defined in Rule 5605(f) of the NASDAQ Stock Market or disclose why it does not meet this requirement. As of the record date for our 2023 Annual Meeting of Shareholders, none of our directors self-identified as Diverse pursuant to Rule 5605(f). Our Board has not historically adhered to any specific targets or quotas in determining Board membership but has developed certain criteria when considering individuals for nomination as director including ensuring that the Board, as a whole, is diverse and consists of individuals with various and relevant career experience, relevant technical skills, industry knowledge and experience, financial expertise, local or community ties and individual qualifications, including strength of character, mature judgment, familiarity with our business and industry, independence of thought and an ability to work collegially. Given our small size, we believe that the Board is fully and appropriately staffed with six current members who have been long-serving prior to the adoption of Rule 5605(f). Accordingly, we have no current plans to increase the size of the Board although we will continue to assess the needs of our Board in the future.
Home Federal Bancorp Inc. of Louisiana published this content on 19 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 December 2023 20:37:36 UTC.
Home Federal Bancorp, Inc. of Louisiana operates as the holding company for Home Federal Bank (the Bank). The Banks business primarily consists of attracting deposits from the general public and using those funds to originate loans. The Banksâs lending activities include one-to-four family residential, real estate loans, commercial real estate secured loans, multi-family residential loans, commercial business loans, land loans, construction loans, home equity and second mortgage loans, equity lines of credit and consumer non-real estate loans. The Bank conducts its business from approximately six full-service banking offices located in Shreveport, Louisiana, two full-service banking offices located in Bossier City, Louisiana, one full-service banking office located in Minden, Louisiana and one full-service banking office located in Benton, Louisiana.