ASHEVILLE, N.C., Sept. 25, 2012 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (the "Company") (Nasdaq:HTBI) announced today that its Board of Directors has adopted a Tax Benefits Preservation Plan (the "Plan") designed to preserve substantial tax assets. The Plan is similar to tax benefits preservation plans adopted by other public companies with significant tax attributes. The Company's tax attributes include net operating losses that could be utilized in certain circumstances to offset taxable income and reduce its federal income tax liability. Although the Plan is now in effect, the Company intends to seek shareholder approval of the Plan at its first annual meeting of shareholders.
HomeTrust Bancshares Adopts Tax Benefits Preservation Plan
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