OREANDA-NEWS. October 13, 2016.  Home Federal Bancorp, Inc. of Louisiana (the “Company”) (NASDAQ:HFBL) the holding company for Home Federal Bank announced today that its Board of Directors at their meeting on October 12, 2016, approved the Company’s seventh stock repurchase program. The new repurchase program provides for the repurchase of up to 97,000 shares, or approximately 5.0% of the Company’s outstanding common stock assuming the completion of the sixth stock repurchase program, from time to time, in open market or privately negotiated transactions.  As of the date hereof, there are a total of 21,813 shares remaining for repurchase under the sixth stock repurchase program.

The Company also announced today that its Board of Directors at their meeting on October 12, 2016, declared a quarterly cash dividend of \\$.09 per share on the Company’s common stock. The dividend is payable on November 7, 2016, to the shareholders of record at the close of business on October 24, 2016.

Home Federal Bancorp, Inc. of Louisiana is the holding company for Home Federal Bank which conducts business from its six full-service banking offices and home office in northwest Louisiana.  Additional information is available at www.hfbla.com.