Home Federal Bank is headquartered in Nampa and is the largest bank in the state of Idaho. It is also the 663rd largest bank in the nation. It was established in 1920 and as of September of 2013, it had grown to 302 employees at 26 locations. Home Federal Bank has a A health rating.
I've only been with this bank about six months, but they have been great from the beginning. When I opened the account I told them that my current bank at the time charged large fees when using another bank's atm. They were unable to process the card linked to that old account but only because of restrictions set by the other institution. So I use the atm in their lobby and get a four dollar charge. Without hesitation the personal banker that opened the account had a teller deposit an additional four dollars to make up for the other bank's charge. I've never heard of another bank giving up any of their own money to compensate for fees charged by another institution so that was an amazing experience. After opening another account I found out that with the first one I got checks complimentary but I was charged for the checks on this second account. The teller that ordered them didn't mention it because their policy is to actualy charge for checks since most people use debit cards only. Even though that was their policy, just the fact that I wasn't aware of it was enough for them to reverse the charges. Every time I go into the bank with a concern they always have the best, most satisfying answers and get things taken care of quickly. I would highly recommend this bank to anyone that would like to be treated as a person rather than an investment!
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 had $6.48 million in non-current loans and owned real-estate with $159.6 million in equity and loan loss allowances on hand to cover it. This gives Home Federal Bank a Texas Ratio of 4.06% 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 decreased dramatically from 12.13% as of September 30, 2012 to 4.06% as of September 30, 2013, resulting in a positive change of 66.52%.This indicates that the balance sheet and financial strength for Home Federal Bank has improved dramatically in recent periods.
In the past year, Home Federal Bank has decreased its total deposits by -$22.25 million, resulting in -2.55% 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 has shown is below 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 has $1.01 billion in assets with $159.6 million in equity, resulting in a capitalization level of 15.82%, which is excellent.
|FDIC Certificate #||28258|
|Assets and Liabilities|
|Equity Capital||$149.02 million|
|Loan Loss Allowance||$10.58 million|
|Unbacked Noncurrent Loans||$5.18 million|
|Real Estate Owned||$1.31 million|
|Historic Data - September 2012|
|Equity Capital||$157.37 million|
|Loan Loss Allowance||$12.59 million|
|Unbacked Noncurrent Loans||$5.18 million|
|Real Estate Owned||$6.30 million|
|Profit Margin - Quarterly|
|Net Interest Margin||4.52%|
|Return on Assets||0.29%|
|Return on Equity||1.95%|
|Interest Income||$32.91 million|
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|0.15%||$2,500||-||Idaho Medical Savings (MSA)|
|0.08%||$2,500||-||Health Savings "Basic"|
|0.08%||$10k||-||Health Savings "Select"|
|0.08%||-||-||12 - 23 Month HSA CD|
|0.03%||-||-||Individual Development Accounts (IDAs)|
|0.10%||$100k||-||Premium Money Market Savings|
|0.10%||$100k||-||Business Money Market|
|0.08%||$50k||-||Business Interest Checking|
|0.28%||$500||-||60 - 120 Month CD|
|0.23%||$500||-||48 - 59 Month CD|
|0.18%||$500||-||36 - 47 Month CD|
|0.15%||$500||-||24 - 35 Month CD|
|0.08%||$500||-||12 - 23 Month CD|
|0.05%||$500||-||6 - 11 Month CD|
|0.03%||$500||-||90 Day CD|
|0.28%||$500||-||60 - 120 Month IRA|
|0.28%||$500||-||60 - 120 Month Roth IRA|
|0.23%||$500||-||48 - 59 Month IRA|
|0.23%||$500||-||48 - 59 Month Roth IRA|
|0.18%||$500||-||36 - 47 Month IRA|
|0.18%||$500||-||36 - 47 Month Roth IRA|
|0.15%||$500||-||24 - 35 Month IRA|
|0.15%||$500||-||24 - 35 Month Roth IRA|
|0.08%||$500||-||12 - 23 Month IRA|
|0.08%||$500||-||12 - 23 Month Roth IRA|
|0.05%||$500||-||6 - 11 Month IRA|
|0.05%||$500||-||6 - 11 Month Roth IRA|
|0.03%||$500||-||90 Day IRA|
|0.03%||$500||-||90 Day Roth IRA|