James R. Barlow

Chairman of the Board, President and Chief Executive Officer at Home Federal Bancorp, Inc. of Louisiana

Board

Since January 2016

Age

56 years

Tenure

Joined HFBL as a director in 2009 and advanced through several leadership roles, being named President and Chief Executive Officer in January 2016 and then Chairman of the Board in January 2020.

Also at Home Federal Bancorp, Inc. of Louisiana

Adalberto Cantu

Executive Vice President and Chief Banking Officer

Brad Ezernack

Executive Vice President and Chief Financial Officer

D(CL

Donna (Delayne) C. Lewis

Senior Vice President, Chief Risk Officer, and BSA Officer

About

James R. Barlow is a seasoned banking executive who is 56 years old as of September 23, 2024. He began his journey with HFBL in 2009 as a director and steadily progressed through various roles within the organization.

He was promoted to serve as President and Chief Executive Officer in January 2016 and later assumed the role of Chairman of the Board in January 2020. This progression highlights his extensive expertise and leadership in the banking sector.

Barlow’s career spans decades of hands-on experience in banking and commercial real estate, including significant roles at Regions Bank prior to joining HFBL. His contributions reflect a deep understanding of financial management and community engagement, underpinning his success as a leader in the industry.

$HFBL Performance Under James R. Barlow

Past Roles

Organization	Role	Date Range	Details
Home Federal Bancorp, Inc.	President and Chief Operating Officer	November 2009 to December 2012	N/A
Home Federal Bancorp, Inc.	Executive Vice President and Chief Operating Officer	November 2009 to December 2012	N/A
Home Federal Bank	President and Chief Operating Officer	February 2009 to December 2012	N/A
Regions Bank	Executive Vice President and Area Manager	August 2006 to February 2009	N/A
Regions Bank	City President (Shreveport/Bossier)	2005 to August 2006	N/A
Regions Bank	Commercial Loan Manager (Shreveport/Bossier)	February 2003 to 2005	N/A
Regions Bank	Various Positions	Since 1997	N/A

External Roles

Organization	Role	Date Range	Details
Committee of 100	Member	N/A	Focuses on improving regional economic development, education, and community relations in the Shreveport-Bossier community

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$312,469	Annual (2024)	Approved by the Compensation Committee.
Nonequity Incentive Plan Compensation	$0	Annual (2024)	No compensation reported under this category.
Stock Awards	$0	N/A	30,000 stock awards granted on November 11, 2020 vesting over five years (20% per year starting November 11, 2021).
Option Awards - November 11, 2020	N/A	N/A	20,000 stock options; vest over five years at 20% per year; exercise price $11.86; expire November 11, 2030.
Option Awards - October 26, 2015	N/A	N/A	20,000 stock options; fully vested; exercise price $11.50; expire October 26, 2025.
All Other Compensation	$161,124	Annual (2024 accrual)	Includes directors’ fees, accrued Supplemental Executive Retirement Plan amounts, 401(k) contributions, dividend allocations, life insurance premiums, phone allowance, and auto-related costs.
Supplemental Executive Retirement Plan	$45,954	Accrued in 2024; Annual post-retirement of $120,000 (vesting over 16 years at 6.25% per year, starting December 31, 2018)	Accrued compensation expense for SERP in 2024; entitlement effective post retirement on December 31, 2033.

Performance Compensation

Data from FY 2024

Bonus Performance Compensation

Component	Amount	Performance Metrics	Target	Threshold	Max (Cap)	Weights	Vesting Schedule	Evaluation Period	Additional Details
Bonus	$165,672	N/A	N/A	N/A	N/A	N/A	Lump Sum (no vesting)	Based on Home Federal Bancorp’s results of operations through Q2 ended December 31, 2023.	Discretionary bonus granted in January 2024; represents approximately 53.0% of his base salary; no detailed performance metrics, thresholds, or caps provided.