Summary of HOME FEDERAL BANCORP, INC.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On December 8, 2008, Home Federal Bancorp, Inc. (the "Company") and Home Federal Bank (the "Bank") announced that Fred H. Helpenstell, M.D., a director of the Company and the Bank, will not stand for re-election at the Company's Annual Meeting of Stockholders to be held on January 16, 2009 and will also not stand for re-election as a director of the Bank. Dr. Helpenstell's retirement will be effective on January 16, 2009. Dr. Helpenstell has served as a director of the Company since its formation in 2004 and has served as a director of the Bank since 1991. During his service as a director of the Company, Dr. Helpenstell has served on the Company's Compensation and Nominating Committees. In connection with his announcement of his intention not to stand for re-election, Dr. Helpenestell did not cite any disagreement with the Company.

Concurrent with Dr. Helpenstell's retirement and as recommended by the Nominating Committee of the Board of Directors of the Company, Senator Brad J. Little will be a nominee to the Company's Board of Directors at the Company's Annual Meeting of Stockholders on January 16, 2009.

Senator Little represents the citizens of Gem and Northern & Western Canyon Counties comprising District 11 in the Idaho State Senate as Majority Caucus Chairman. In the Senate, he serves in the Resources and Environment and State Affairs committees. Senator Little has served on the interim Treasure Valley Transportation and Natural Resource Committees and chaired the Property Tax Interim Committee. He serves as Vice Chair on the Emmett School Foundation and on the Idaho Endowment Fund Investment Board, which manages a nearly billion dollar fund. He also serves on the Investment Committee of the University of Idaho Foundation.

Mr. Little operates a family cattle, farming, real estate and investment business in Idaho's Treasure Valley and has been active in Idaho and national sheep and public land organizations, including efforts to resolve both the livestock grazing and timber management controversies on federal lands. He recently served as Vice Chair of the Idaho Community Foundation, Idaho's only statewide philanthropic foundation where he served on the Investment Committee. He is past chairman of the American Sheep Industry Public Lands Committee, the Idaho Association of Commerce and Industry, and Idaho Business Week, a program that teaches free enterprise to High School students. He has been director of the American Sheep Industry Resource Council, Public Lands Council, the Idaho Range Land Committee, High Country News (a west-wide environmental news foundation), and the University of Idaho Foundation. Mr. Little also is the past president of the Idaho Woolgrowers Association and has also served on the City of Boise's "Foothills Open Space Steering Committee."

Senator Little is a director of Performance Design LLC a small manufacturing company in Boise and holds B.S. in Agri-Business from the University of Idaho.

A news release announcing these events is attached as Exhibit 99.1 and incorporated by reference herein.