Home Federal Bancorp, Inc. Of Louisiana current report, 01 June 2022

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Business Context and Reporting Period

This Form 8-K is filed by Home Federal Bancorp, Inc. of Louisiana (HFBL) on June 1, 2022. The report addresses a change in the Company's independent registered public accounting firm resulting from a merger between two accounting practices.

Financial Metrics

This filing does not contain financial performance data. There are no reported values for revenue, profit, cash flow, margins, debt, or liquidity in this document.

Material Changes

  • Change in Certifying Accountant: The Company's previous auditor, Dixon Hughes Goodman LLP ("DHG"), merged with BKD, LLP on June 1, 2022.
  • New Auditor: The combined practice now operates as FORVIS, LLP, which has become the Company's independent registered public accounting firm as the successor by merger to DHG.
  • Nature of Change: The filing explicitly states this change is due to the merger of the accounting firms and is not attributable to the resignation or dismissal of DHG.

Guidance, Outlook, and Risks

Management Commentary and Disagreements:

  • The Company reported no "disagreements" with DHG regarding accounting principles, financial statement disclosure, or auditing scope during the fiscal year ending June 30, 2022.
  • There were no "reportable events" as defined by Regulation S-K during the same period.
  • FORVIS, LLP provided a letter to the SEC dated June 2, 2022, confirming their agreement with the Company's statements regarding the change (attached as Exhibit 16.1).

Risks and Contingencies: No specific risks or contingencies related to financial operations were disclosed in this filing.

Key Facts for Investor Verification

  • Verify that the change in auditor was strictly due to the merger of DHG and BKD, not due to any dispute or resignation.
  • Confirm that FORVIS, LLP has formally accepted the engagement as the successor auditor.
  • Note that DHG did not report on the Company's financial statements for the fiscal years ended June 30, 2021, or 2020.
  • Review the attached Exhibit 16.1 (Letter from FORVIS, LLP) for any additional qualifications or statements made to the SEC.