First Home Bank

First Home Bank is headquartered in Seminole and is the 207^th largest bank in the state of Florida. It is also the 5,691^st largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 23 employees at 2 locations. First Home Bank has a 2-star health rating.

First Home Bank Routing Number: 063114551

First Home Bank Checking Account Rates

First Home Bank Savings Account Rates

First Home Bank Money Market Rates

First Home Bank CD Rates

First Home Bank IRA Rates

Data for Q1 2012

Institution Statistics First Home Bank FDIC Certificate # 34997 BankRate Report View Year Established 1999 Employees 23 Primary Regulator FDIC Assets and Liabilities Assets $72.97 million Loans $55.08 million Deposits $62.29 million Equity Capital $4.78 million Loan Loss Allowance $1.15 million Unbacked Noncurrent Loans $1.99 million Real Estate Owned $2.05 million Historic Data - March 2011 Assets $88.38 million Equity Capital $7.91 million Loan Loss Allowance $1.77 million Unbacked Noncurrent Loans $5.91 million Real Estate Owned $887,000 Profit Margin - Quarterly Net Interest Margin 4.45% Return on Assets -0.01% Return on Equity -0.17% Interest Income $824,000

Institution Health Overall Score: 2 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 First Home Bank had $4.05 million in non-current loans and owned real-estate with $5.93 million in equity and loan loss allowances on hand to cover it. This gives First Home Bank a Texas Ratio of 68.19% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Home Bank held steady from 70.25% as of March 31, 2011 to 68.19% as of March 31, 2012, resulting in a positive change of 2.92%.This indicates that the balance sheet and financial strength for First Home Bank has held steady in recent periods. Deposit Growth In the past year, First Home Bank has decreased its total deposits by -$8.59 million, resulting in -12.12% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Home Bank has shown is poor. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Home Bank has $72.97 million in assets with $5.93 million in equity, resulting in a capitalization level of 8.13%, which is average.

No reviews have been left for this bank yet. Be the first to review.