Chris P. Rader
Director at HBCP
Board
About Chris P. Rader
Independent director of Home Bancorp, Inc. (HBCP) since June 1, 2016; age 57; Chief Executive Officer of Rader Solutions, an information technology company in Lafayette, Louisiana . Education: Bachelor’s in Computer Information Systems from Spring Hill College and Executive MBA from Vanderbilt University . Recognitions include “Business Person of the Year” (2021) and “Small Business of the Year” for his company (2018) in the Acadiana Region .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Schools of the Sacred Heart (Grand Coteau, LA) | Chairman of the Board | Completed term (date not specified) | Board leadership |
| Lafayette Community Health Care Clinic | Board Member | Prior role (dates not specified) | Community health oversight |
| The Petroleum Club of Lafayette | Board Member | Prior role (dates not specified) | Community/business network |
| The Lester Group (Martinsville, VA) | Board Member | Prior role (dates not specified) | Private company board experience |
| Evangeline Area Scouts | Board Member | Prior role (dates not specified) | Non-profit governance |
| Louisiana Innovation Council | Board Member | Prior role (dates not specified) | Innovation/economic development |
| Spring Hill College | Vice Chairman of the Board | Prior role (dates not specified) | Higher education governance |
External Roles
| Organization | Role | Status |
|---|---|---|
| Council for A Better Louisiana | Board Member | Current |
| One Acadiana | Board Member | Current |
| Ochsner Lafayette General Medical Center | Board Member | Current |
| United Way of Acadiana | Board Member | Current |
| Community Foundation of Acadiana | Board Member | Current |
| National Speakers Association | Member | Current |
| Rotary International | Member | Current |
| Kiwanis International | Member | Current |
No other public company directorships are disclosed for Mr. Rader in the proxy’s “Public Directorships” field .
Board Governance
- Committee assignments (as of proxy date):
- Audit Committee: Member (*) ; Committee met 16 times in 2024 ; Audit Chair: Paul J. Blanchet .
- Compensation Committee: Member (*) ; Committee met once in 2024 ; Compensation Chair: John A. Hendry .
- Corporate Governance & Nominating Committee: Chair (**) .
- Independence: Board determined Mr. Rader is independent under Nasdaq listing standards .
- Attendance: Board met seven times in 2024; no director attended fewer than 75% of aggregate Board and committee meetings on which they served . Three directors attended the May 2024 Annual Meeting of Shareholders (names not specified) .
| Committee | Role | 2024 Meetings |
|---|---|---|
| Audit | Member | 16 |
| Compensation | Member | 1 |
| Nominating | Chair | Not disclosed |
Fixed Compensation
- Directors are compensated by Home Bank, not separately by Home Bancorp; current structure: annual retainer $22,000, $800 per Board meeting attended, $550 per committee meeting attended; additional $100 per meeting for the Chairman of the Board and committee chairs; $400 Christmas gift in 2024 .
| Metric | 2023 | 2024 |
|---|---|---|
| Fees Earned or Paid in Cash | $40,950 | $41,600 |
| Stock Awards (grant-date fair value) | $18,030 | $22,494 |
| Option Awards | — | — |
| All Other Compensation | $442 | $400 |
| Total | $59,422 | $64,494 |
Performance Compensation
- Director equity grants consist of RSUs; proxy presents aggregate grant-date fair value under ASC 718; no director option awards in 2023–2024 for Rader .
- RSUs outstanding as of December 31, 2024: 1,760 units for Mr. Rader .
- RSUs counted in beneficial ownership only include units vesting within 60 days of record date; for Mr. Rader, 470 RSUs (vesting within 60 days) are included alongside “—” stock options .
| Equity Component | 2023 | 2024 |
|---|---|---|
| RSU Grant—Fair Value | $18,030 (ASC 718) | $22,494 (ASC 718) |
| RSUs Outstanding (12/31) | 1,710 | 1,760 |
| Stock Options | — | — |
Company-selected performance metrics used for executive pay design (context for Compensation Committee oversight): TSR (Company and peer), Net Income, EPS, ROA, Efficiency Ratio .
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Compensation Committee Interlocks | None in 2024; no member was a current/former officer or employee; no transactions requiring disclosure . |
| Public Company Boards | None disclosed for Rader . |
Expertise & Qualifications
- Technology/Operations: CEO of an IT company (Rader Solutions), bringing technology and operational oversight capabilities .
- Education: CIS degree (Spring Hill College), Executive MBA (Vanderbilt) .
- Community leadership and non-profit governance: multiple regional boards; prior higher education board leadership (Vice Chair, Spring Hill College) .
- Board role: Chair of Nominating Committee; active on Audit and Compensation committees, supporting governance, financial oversight, and pay-setting processes .
Equity Ownership
| Item | Value |
|---|---|
| Beneficial Ownership (as of Mar 24, 2025 record date) | 22,680 shares |
| Ownership % of Common Stock | <1.0% (proxy notation “*”) |
| Stock Options (exercisable within 60 days) | — |
| RSUs Vesting within 60 Days (counted in beneficial ownership) | 470 |
| RSUs Outstanding (12/31/2024) | 1,760 |
| Pledged Shares | None, unless otherwise indicated; proxy states shares are not pledged |
| Ownership Guidelines | Non-employee directors must hold $150,000 in stock, or ≥6,000 shares if share price ≤$25; Company states current non-employee directors meet guidelines |
Governance Assessment
-
Positive signals:
- Independent director with multi-committee service; chair of Nominating Committee—supports board composition and refresh processes .
- Active engagement: Board attendance thresholds met; Audit met 16 times; Compensation met once; indicates significant oversight cadence .
- No related-party transaction issues; loans to related persons are ordinary course with market terms; none problematic at year-end .
- No compensation committee interlocks; no member transactions requiring disclosure—reduces conflict risk .
- Stock ownership guidelines met across non-employee directors; Rader holds 22,680 shares and RSUs outstanding—alignment with shareholders .
-
Watch items:
- Annual Meeting attendance: only three directors attended May 2024 Annual Meeting (names not specified); consider tracking future shareholder meeting attendance as an engagement indicator .
- Director equity awards are time-based RSUs (no performance conditions disclosed); while common for directors, monitor balance of cash vs equity and any changes in RSU design .
-
Shareholder feedback context:
- 2024 say-on-pay passed (votes: For 4,890,850; Against 207,517; Abstain 53,241; Broker non-votes 1,282,300) , supporting compensation oversight credibility of the Compensation Committee on which Rader serves .
No red flags identified related to related-party dealings, stock pledging, or interlocks based on disclosed information .