Home Federal Bank (LA) is headquartered in Shreveport and is the 46th largest bank in the state of Louisiana. It is also the 2,194th largest bank in the nation. It was established in 1924 and as of September of 2013, it had grown to 52 employees at 4 locations. Home Federal Bank (LA) has a A+ health rating.
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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 September 30, 2013 Home Federal Bank (LA) had $527,000 in non-current loans and owned real-estate with $45.02 million in equity and loan loss allowances on hand to cover it. This gives Home Federal Bank (LA) a Texas Ratio of 1.17% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Home Federal Bank (LA) increased slightly from 0.00% as of September 30, 2012 to 1.17% as of September 30, 2013, resulting in a negative change of Infinity%. This indicates that the balance sheet and financial strength for Home Federal Bank (LA) has declined slightly in recent periods.
In the past year, Home Federal Bank (LA) has increased its total deposits by $37.2 million, resulting in 18.97% 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.
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 $293.02 million in assets with $45.02 million in equity, resulting in a capitalization level of 15.37%, which is excellent.
|FDIC Certificate #||27654|
|Assets and Liabilities|
|Equity Capital||$42.72 million|
|Loan Loss Allowance||$2.31 million|
|Unbacked Noncurrent Loans||$527,000|
|Real Estate Owned||$0|
|Historic Data - September 2012|
|Equity Capital||$46.19 million|
|Loan Loss Allowance||$1.81 million|
|Real Estate Owned||$0|
|Profit Margin - Quarterly|
|Net Interest Margin||4.08%|
|Return on Assets||1.04%|
|Return on Equity||6.9%|
|Interest Income||$9.85 million|
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|4.00%||-||$20k||Smart Rewards Checking|
|2.01%||$10k||-||66 Month Flex CD|
|1.66%||$10k||$95k||42 Month Flex CD|
|Home Federal Bank (LA) Locations|
|Viking Drive Branch||2555 Viking Drive||Bossier City, LA 71111|
|Home Federal Bank||624 Market St||Shreveport, LA 71101|
|6363 Youree Dr Branch||6363 Youree Drive||Shreveport, LA 71105|
|8990 Mansfield Road Branch||9300 Mansfield Road||Shreveport, LA 71118|