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Tampa-Based Bank Announces Purchase of Two Florida Retail Branches From Encore Bank

HomeBanc Expands Tampa Bay Operations; Plans to Open New Offices in Pinellas County

TAMPA, FL -- (March 16, 2010) - Tampa-based HomeBanc N.A. has executed a purchase agreement with Encore Bank N.A., HomeBancorp, Inc. announced today. Under the terms of the agreement which is subject to regulatory approval, HomeBanc will acquire deposits of approximately $58 million from Encore Bank's offices in Clearwater and Belleair Bluffs. The transaction is anticipated to be completed in the summer of 2010.

"Providing customer service that exceeds expectations is a top priority for us at HomeBanc," said Jerry Campbell, Chairman, President and CEO of HomeBancorp, Inc. "This acquisition helps make banking at HomeBanc even more convenient for our customers and further expands our opportunities to serve the Tampa area market."

HomeBanc is known for its "distinctive personal service" and provides customers a different kind of banking experience -- delivering service that exceeds expectations. All HomeBanc customers are assigned a personal banker who works with them to easily and effectively handle their banking needs.

HomeBanc is a wholly-owned subsidiary of Tampa-based HomeBancorp, Inc., with six retail offices in Lake Mary, Lakewood Ranch (Sarasota), Belleair Bluffs and in Tampa at Rocky Point, on Dale Mabry at I-275 and in Westchase. HomeBanc also operates six loan-production offices in Tampa, Lake Mary, Brandon, Lakeland, Gainesville and Bonita Springs.

HomeBanc offers an array of retail-deposit products, along with SBA loans, special lower-rate FHA loans for first-time buyers and residential mortgage loans. The company has grown to more than $250 million in assets since its inception in 2007, and is committed to exceeding customer-service expectations and making the company a Great Place to Work® and a Great Place to Bank. The corporate headquarters of HomeBancorp is located on the 41st floor of the Bank of America Plaza building at 101 E. Kennedy Blvd. in downtown Tampa. More information on HomeBanc can be found at www.HomeBanc.com.


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