M&A - HomeTrust Bancshares, Inc.

Form Type: 8-K

Filing Date: 2025-01-28

Corporate Action: Acquisition

Type: New

Accession Number: 000153826325000007

Filing Summary: On January 27, 2025, HomeTrust Bank, a wholly owned subsidiary of HomeTrust Bancshares, Inc., entered into a definitive purchase and assumption agreement to sell certain assets and transfer certain liabilities associated with its two branch offices in Knoxville, Tennessee. The agreement involves the sale of physical locations and related fixed assets, as well as customer deposit accounts. The transaction is subject to customary closing conditions and approval by applicable regulatory authorities, with an anticipated closure in the second quarter of 2025. A press release announcing this agreement was issued on January 28, 2025 and is included as Exhibit 99.1 in the Form 8-K.