Asheville, N.C.-based HomeTrust Bancshares Inc. detailed a number of factors it would consider in a potential acquisition, in a presentation prepared for the KBW 2017 Community Bank Investor Conference happening Aug. 1-2.

For one, a target institution should be in an attractive, growing market, within or adjacent to HomeTrust's current footprint, and have assets of $300 million to $800 million. It should also have a strong core deposit base, have no major credit issues and be a cultural fit.

In addition, the deal should be at least 10% accretive to earnings, cause minimal dilution to current tangible book value and have an earnback period of four years at the most. Cost savings should also be significant but realistic.