Firehouse Subs opens second store in Lafayette
Firehouse Subs will open in the former Community Bank building near the Acadiana Mall.
According to a demolition permit filed with the Lafayette Consolidated Government, work to remove the existing canopy used by the bank could begin soon.
The 3,315-square-foot building is for sale and remains owned by Regions Bank. Online listings indicate the property has been sold.
Firehouse Subs has three locations in Acadiana, including one at 104 E. Kaliste Saloom Road, Suite 109. The others are in Kalencro and New Iberia.
Karen Kuro Donut Shop Closes
Cajun Market Donut Co. has closed its Carencro store.
The owner announced on social media that it will be closing on Sunday “due to unforeseen circumstances.”
The location opened in October at the former Goodwill Donation Center in the Derek Plaza Shopping Center at 115 Derek Drive, under franchisee Nick Wolfe.
“I would also like to publicly thank the staff,” the post said. “They are helping keep this place alive.
Cajun Market Donut Co. has two locations in Lafayette and another in Breaux Bridge.
Catalyst Bank Reports Second Quarter Net Income
Catalyst Bancorp, the parent company of Opelousas-based Catalyst Bank, reported a gain of $18,000 in the second quarter after a loss of $131,000 in the first quarter following rebranding.
Formerly known as St. Landry Homestead Federal Savings Bank, the bank had $208,000 in pre-tax charges related to rebranding and $171,000 in Bank Enterprise Award funding from the Community Development Financial Institution Fund.
Loans totaled $133.6 million as of June 30, an increase of $1.6 million from March 31.
Total deposits totaled $178.7 million on June 30, down 2% from March 31. Average total deposits in the second quarter were $183.3 million, up 2% from the first quarter.
President and CEO Joe Zanko said: “Our name reflects our mission – to be a catalyst for economic growth in our community. We will focus.”
Home Bank net income increased by $8.5 million in the second quarter
Home Bank’s parent company, Lafayette-based Home Bancorp Inc., generated a net profit of $8.5 million in the second quarter, up from $4.1 million in the prior quarter.
Earnings per share increased from $1.03 to 53 cents.
The first and second quarters included merger costs related to the acquisition of Houston-based Texan Bank, a $66 million transaction announced in December. Expenses included taxes of $1.3 million in the first quarter and $284,000 in the second quarter.
The data conversion for Texan Bank’s system was completed on schedule last month.
Pre-tax, pre-provision and pre-Payroll Protection Program revenue totaled $10.8 million, an increase of $2.6 million, or 32%, from the prior quarter. Excluding Paycheck Protection Program loans, total loans increased $77.4 million.
Loans totaled $2.2 billion on June 30, up $66.7 million from March 31, or 3%. Excluding Paycheck Protection Program loans, his total organic loans increased by $77.4 million from March 31. Paycheck Protection Program loans totaled $12.1 million as of June 30. $10.7 million from March 31;
Bankers said lending growth in the second quarter was primarily driven by commercial and industrial construction and land lending, with the addition of new lenders, especially in Acadiana.
President and CEO John Boderon said: “Total loan volume increased 3% on a reported basis from the previous quarter, and we look forward to seeing growth opportunities in Houston and across all markets.”
Hampr closes with $5 million funding round
Hampr, an app-based laundry and tatami mat laundry service that launched two years ago, has closed a $5 million funding round.
Today, the business, launched by Lafayette business owner Laurel Hess, operates in 35 markets in nine states and is being funded to reach its goal of tripling its current footprint by the end of the year. I’m using.
Hampr receives hundreds of new market requests every week. According to Hess, the number of customers he has more than doubled since November and now he has over 10,000.
Grant Gurtin of Gurtin Ventures, who invested in the round, said: A combination of high-quality products and an analytics-driven approach to growth will enable the company to rapidly expand its footprint across the United States. ”
Hampr users can purchase an annual membership for $39 and order it from their local “washer”. The washer takes the order, cleans, folds and returns the laundry.
The company has more than tripled the size of its original team, Hess said, and plans to announce new membership options soon.
“It’s a thrilling time to be in the laundry business,” says Hess. “It’s a chore that never stops for busy individuals, single parents, and families.”
