Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
BARLOW JAMES R
  2. Issuer Name and Ticker or Trading Symbol
Home Federal Bancorp, Inc. of Louisiana [HFBLD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Exec. Vice President & COO(4)
(Last)
(First)
(Middle)
C/O HOME FEDERAL BANK, 624 MARKET STREET
3. Date of Earliest Transaction (Month/Day/Year)
12/22/2010
(Street)

SHREVEPORT, LA 71101
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/22/2010   P   10,000 A $ 10 10,000 I By IRA
Common Stock               4,732 (1) D (2)  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 10.93               (3) 08/19/2020 Common Stock 9,611   9,611 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BARLOW JAMES R
C/O HOME FEDERAL BANK
624 MARKET STREET
SHREVEPORT, LA 71101
  X     Exec. Vice President & COO(4)  

Signatures

 /s/James R. Barlow   12/27/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Pursuant to a reorganization exempt under Rule 16b-7, each share of Home Federal Bancorp, Inc. of Louisiana common stock outstanding as of December 22, 2010, was automatically exchanged for 0.9110 shares of common stock of the Issuer, with fractional shares cashed out at a price of $10.00 per share.
(2) Includes 2,808 shares (as adjusted pursuant to the reorganization described in footnote (1) above) held in the 2005 Recognition and Retention Plan Trust which reflect the unvested portion of a grant amount originally covering 3,083 shares of Home Federal Bancorp, Inc. of Louisiana common stock that are vesting at a rate of 20% per year commencing on August 19, 2011.
(3) Pursuant to a reorganization exempt under Rule 16b-7, each outstanding option to purchase a share of Home Federal Bancorp, Inc. of Louisiana common stock as of December 22, 2010 was automatically exchanged for an option for 0.9110 shares of the Issuer with the exercise price adjusted by a proportional amount. The options are vesting at a rate of 20% per year commencing on August 19, 2011.
 
Remarks:
(4)  Also serves as President and Chief Operating Officer of the Issuer's wholly owned subsidiary, Home Federal Bank.

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