Exhibit 99.1

FOR RELEASE: Tuesday, July 30, 2019 at 4:30 PM (Eastern)

HOME FEDERAL BANCORP, INC. OF LOUISIANA REPORTS RESULTS OF OPERATIONS
FOR THE THREE MONTHS AND YEAR ENDED JUNE 30, 2019

Shreveport, Louisiana – July 30, 2019 – Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended June 30, 2019 of $1.2 million, which was substantially consistent with net income  for the three months ended June 30, 2018. The Company’s basic and diluted earnings per share were $0.66 and $0.62, respectively, for the three months ended June 30, 2019 compared to basic and diluted earnings per share of $0.66 and $0.61, respectively, for the three months ended June 30, 2018. The Company reported net income of $4.7 million for the year ended June 30, 2019 compared to $3.6 million for the year ended June 30, 2018. The Company’s basic and diluted earnings per share were $2.68 and $2.50, respectively, for the year ended June 30, 2019 compared to $1.98 and $1.87, respectively, for the year ended June 30, 2018. The increase in net income for the year ended June 30, 2019 as compared to the prior year reflected in part the effect of the one-time non-cash charge in the quarter ended December 31, 2017, related to the re-measurement of the Company's deferred tax assets arising from the lower U.S. corporate tax rate provided for by the Tax Cuts and Jobs Act (the “Tax Act”) enacted in December 2017 combined with a reduction in the Company’s effective tax rate for the year ended June 30, 2019. The non-recurring deferred tax adjustment was $642,000 for the year ended June 30, 2018 representing $0.35 diluted earnings per share.

The Company reported the following key achievements during fiscal 2019:
Total deposits increased $27.9 million or 7.7% to $388.2 million at year end.
Total assets increased $20.8 million or 4.9% to $442.5 million at year end.
Total equity increased $3.3 million or 7.0% to $50.3 million at year end.
Opened new Pierremont Banking Center in Shreveport in March 2019.

The $16,000 decrease in net income for the three months ended June 30, 2019 resulted primarily from a decrease of $138,000, or 3.6%, in net interest income, and a $67,000, or 2.4%, increase in non-interest expense, partially offset by a decrease of $113,000, or 27.4%, in provision for income taxes, a decrease of $50,000, or 25.0%, in provision for loan losses and a $26,000, or 3.4%, increase in non-interest income.  The decrease in net interest income for the three months ended June 30, 2019 was due to a $365,000, or 39.4%, increase in total interest expense, partially offset by an increase of $227,000, or 4.8%, in total interest income, primarily due to an increase in the average volume of deposits. The Company’s average interest rate spread was 3.24% for the three months ended June 30, 2019 compared to 3.63% for the three months ended June 30, 2018. The Company’s net interest margin was 3.56% for the three months ended June 30, 2019 compared to 3.86% for the three months ended June 30, 2018. The decrease in net interest margin on a comparative quarterly basis was primarily the result of an increase of 44 basis points in average cost on average balances of interest-bearing deposits combined with a $27.1 million increase in average balance of interest-bearing deposits for the three months ended June 30, 2019 compared to the prior year.

The increase in net income for the year ended June 30, 2019 resulted primarily from a decrease of $969,000, or 43.0%, in the provision for income taxes, a $450,000, or 42.9%, decrease in the provision for loan losses, and an increase of $386,000, or 2.6%, in net interest income partially offset by a decrease of $604,000, or 20.2%, in non-interest income and a $26,000, or 0.2%, increase in non-interest expense. The decrease in the provision for income taxes for the year ended June 30, 2019 over the prior year was primarily due to the $642,000 re-measurement charge of the Company’s net deferred tax asset in the quarter ended December 31, 2017, as a result of the Tax Act signed into law on December 22, 2017, combined with a reduction in the Company’s effective tax rate for the year ended June 30, 2019, also as a result of the Tax Act. The increase in net interest income for the year was due to a $1.4 million, or 7.7%, increase in total interest income, partially offset by a $1.0 million, or 29.7%, increase in interest expense on borrowings and deposits. The Company’s average interest rate spread was 3.50% for the year ended June 30, 2019 compared to 3.58% for the year ended June 30, 2018. The Company’s net interest margin was 3.78% for the year ended June 30, 2019 compared to 3.80% for the year ended June 30, 2018.  The decrease in the average interest rate spread and net interest margin was attributable primarily to an increase of 30 basis points in average rate on interest bearing liabilities for the year ended June 30, 2019 compared to the prior year.


The following information was filed by Home Federal Bancorp, Inc. Of Louisiana (HFBL) on Tuesday, July 30, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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