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Overview / Commentary
Main Ave At 11th Street
Sioux Falls, SD 57104

Home Federal Bank (SD) is headquartered in Sioux Falls and is the 7th largest bank in the state of South Dakota. It is also the 531st largest bank in the nation. It was established in 1929 and as of December of 2013, it had grown to 297 employees at 27 locations. Home Federal Bank (SD) has a B health rating.

Reviews (1)

Not Happy With How They Handle Accounts

Don't ever have your checking or mortgage with this company, they take money out when they feel like it!!!!


Data for Q4 2013

Institution Health


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 December 31, 2013 Home Federal Bank (SD) had $21.43 million in non-current loans and owned real-estate with $129.34 million in equity and loan loss allowances on hand to cover it. This gives Home Federal Bank (SD) a Texas Ratio of 16.57% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Home Federal Bank (SD) experienced no significant changes from 12.96% as of December 31, 2012 to 16.57% as of December 31, 2013, resulting in a negative change of 27.79%. This indicates that the balance sheet and financial strength for Home Federal Bank (SD) has had no significant changes in recent periods.

Deposit Growth


In the past year, Home Federal Bank (SD) has increased its total deposits by $28.31 million, resulting in 2.97% 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 (SD) has shown is above average.



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 (SD) has $1.25 billion in assets with $129.34 million in equity, resulting in a capitalization level of 10.33%, which is above average.

Institution Statistics

FDIC Certificate #28092
Year Established1929
Primary RegulatorOCC
Assets and Liabilities
Assets$1.25 billion
Loans$739.16 million
Deposits$982.57 million
Equity Capital$118.74 million
Loan Loss Allowance$10.61 million
Unbacked Noncurrent Loans$21.11 million
Real Estate Owned$320,000
Historic Data - December 2012
Assets$1.22 billion
Equity Capital$120.95 million
Loan Loss Allowance$10.78 million
Unbacked Noncurrent Loans$21.11 million
Real Estate Owned$890,000
Profit Margin - Quarterly
Net Interest Margin2.66%
Return on Assets0.64%
Return on Equity6.52%
Interest Income$38.30 million

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Home Federal Bank (SD) has 27 locations. Click to view all Home Federal Bank (SD) locations.