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Overview / Commentary
318-222-1145
624 Market St
Shreveport, LA 71101

Home Federal Bank (LA) is headquartered in Shreveport and is the 49th largest bank in the state of Louisiana. It is also the 2,252nd largest bank in the nation. It was established in 1924 and as of December of 2013, it had grown to 51 employees at 4 locations. Home Federal Bank (LA) has a A+ health rating.

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Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

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 December 31, 2013 Home Federal Bank (LA) had $574,000 in non-current loans and owned real-estate with $43 million in equity and loan loss allowances on hand to cover it. This gives Home Federal Bank (LA) a Texas Ratio of 1.33% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Home Federal Bank (LA) decreased dramatically from 3.40% as of December 31, 2012 to 1.33% as of December 31, 2013, resulting in a positive change of 60.78%.This indicates that the balance sheet and financial strength for Home Federal Bank (LA) has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Home Federal Bank (LA) has increased its total deposits by $26.47 million, resulting in 13.26% 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 Home Federal Bank (LA) has shown is excellent.

Capitalization

GRADE:
A+

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. Home Federal Bank (LA) has $285.92 million in assets with $43 million in equity, resulting in a capitalization level of 15.04%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #27654
Year Established1924
Employees51
Primary RegulatorOCC
Assets and Liabilities
Assets$285.92 million
Loans$217.65 million
Deposits$226.07 million
Equity Capital$40.69 million
Loan Loss Allowance$2.32 million
Unbacked Noncurrent Loans$574,000
Real Estate Owned$0
Historic Data - December 2012
Assets$272.66 million
Equity Capital$41.77 million
Loan Loss Allowance$1.93 million
Unbacked Noncurrent Loans$574,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.07%
Return on Assets1.03%
Return on Equity6.92%
Interest Income$13.08 million
Rates
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Home Federal Bank (LA) Checking Account Rates

DetailsAPYMINMAXPRODUCT
4.00%-$15kSmart Rewards Checking

Home Federal Bank (LA) CD Rates

DetailsAPYMINMAXPRODUCT
0.75%$10k-66 Month Flex CD
Locations


Home Federal Bank (LA) Locations
Viking Drive Branch2555 Viking DriveBossier City, LA 71111
Home Federal Bank624 Market StShreveport, LA 71101
6363 Youree Dr Branch6363 Youree DriveShreveport, LA 71105
8990 Mansfield Road Branch9300 Mansfield RoadShreveport, LA 71118