HomeTrust Bancshares is the holding company for HomeTrust Bank, a community bank headquartered in Asheville, North Carolina, with over 30 branches across North Carolina, Tennessee, Georgia, South Carolina, and Virginia. HomeTrust's core business is taking deposits from individuals and businesses and lending those funds out at higher rates, earning the spread as net interest income. The bank's primary lending activities include commercial real estate loans (the largest component of the loan book), C&I loans, construction and development loans, consumer and residential loans, and specialty lending including equipment finance leases, municipal leases, and SBA loans. HomeTrust also originates residential mortgages and HELOCs for sale to third parties, generating fee income without retaining credit risk. The bank serves individuals, small and mid-sized businesses, and nonprofits, primarily through its branch network. HomeTrust's profitability is driven by loan volume and mix, net interest margin, deposit costs, and credit quality — with its concentration in commercial real estate making earnings sensitive to conditions in that market. HomeTrust has historically grown through acquisitions and de novo branching, entering eight new markets since 2013, but has shifted toward organic growth, opening business banking centers in larger metro markets rather than traditional retail branches — a capital-lighter model focused on commercial banking relationships. At December 31, 2025, HomeTrust had $4.5B in total assets and $3.7B in deposits.