Home Savings Bank of Albemarle, SSB

Home Savings Bank of Albemarle, SSB is headquartered in Albemarle and is the 49^th largest bank in the state of North Carolina. It is also the 2,256^th largest bank in the nation. It was established in 1911 and as of March of 2012, it had grown to 53 employees at 4 locations. Home Savings Bank of Albemarle, SSB has a 2-star health rating.

Data for Q1 2012

Institution Statistics Home Savings Bank of Albemarle, SSB FDIC Certificate # 30668 BankRate Report View Year Established 1911 Employees 53 Primary Regulator FDIC Assets and Liabilities Assets $289.46 million Loans $210.69 million Deposits $242.35 million Equity Capital $23.58 million Loan Loss Allowance $3.62 million Unbacked Noncurrent Loans $5.05 million Real Estate Owned $5.91 million Historic Data - March 2011 Assets $304.18 million Equity Capital $23.61 million Loan Loss Allowance $1.98 million Unbacked Noncurrent Loans $2.49 million Real Estate Owned $3.10 million Profit Margin - Quarterly Net Interest Margin 3.52% Return on Assets 0.43% Return on Equity 5.36% Interest Income $3.07 million

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 Home Savings Bank of Albemarle, SSB had $10.96 million in non-current loans and owned real-estate with $27.2 million in equity and loan loss allowances on hand to cover it. This gives Home Savings Bank of Albemarle, SSB a Texas Ratio of 40.28% 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 Home Savings Bank of Albemarle, SSB increased slightly from 21.84% as of March 31, 2011 to 40.28% as of March 31, 2012, resulting in a negative change of 84.46%. This indicates that the balance sheet and financial strength for Home Savings Bank of Albemarle, SSB has declined slightly in recent periods. Deposit Growth In the past year, Home Savings Bank of Albemarle, SSB has decreased its total deposits by -$7.61 million, resulting in -3.05% 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 Savings Bank of Albemarle, SSB has shown is below average. 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. Home Savings Bank of Albemarle, SSB has $289.46 million in assets with $27.2 million in equity, resulting in a capitalization level of 9.40%, which is average.

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