Homebanc National Association

3701 West Lake Mary Boulevard
Lake Mary, FL 32746
407-278-0270
www.homebanc.com

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Homebanc National Association is headquartered in Lake Mary and is the 56^th largest bank in the state of Florida. It is also the 1,516^st largest bank in the nation. It was established in 2007 and as of September of 2011, it had grown to 108 employees at 7 locations. Homebanc National Association's money market rates are 59% higher than the national average, and it has a 4-star health rating.

Special 3-Month CD Rate at Homebanc - Florida Only - 11/7/2011

I have never been enthusiastic about 3-month CD specials. I've found that they're too short to be worthwhile. If you do prefer short-term CDs, at least make sure the yield is higher than the top savin ...

Savings Account Promotion at HomeBanc in Tampa Florida - 8/29/2010

HomeBanc is advertising a savings account promotion with a 2.00% APY guaranteed for 90 days. Minimum deposit is $5,000, and the maximum is $50,000. This special doesn't seem to be listed in the bank's ...

5.00% Money Market Special at HomeBanc in Florida - 9/10/2008

HomeBanc is offering a special 5% APY for 120 days on its personal or business money market account. The minimum deosit is $1,000, and the maximum is $100,000. A checking account is required. This special doesn't seem to be listed at HomeBanc's website....

6.00% 3-Month CD at a Florida Bank - $50K Max (HomeBanc). - 6/9/2008

Update 6/14/08: This CD special has ended. Please check the bank's website for the latest rates and specials.HomeBanc is offering a special 6.00% APY 3-month CD. The minimum deposit is $5,000, and the maximum deposit is $50,000. It's limited to Florida...

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See Rates for: Checking | Savings | Money Market | CD

Homebanc National Association Checking Account Rates

Apy	Min	Max	Product
0.40%	$100k	-	Prestige Interest Checking
0.40%	$100k	-	The Pacesetters Club Checking
0.05%	-	-	Prestige Business Interest Checking

Homebanc National Association Savings Account Rates

Apy	Min	Max	Product
0.55%	$100k	-	Classic Savings
0.55%	$100k	-	Young Savers
0.55%	$100k	-	Classic Business Savings

Homebanc National Association Money Market Rates

Apy	Min	Max	Product
0.70%	-	$251k	Elite Money Market
0.50%	$100k	-	Prestige Plus Money Market
0.50%	$100k	-	Prestige Plus Business Money Market

Homebanc National Association CD Rates

Apy	Min	Max	Product
1.00%	$500	-	60 Month CD
1.00%	$10k	$250k	3 Year Advantage CD
0.90%	$500	-	48 Month CD
0.90%	$10k	$100	25 Month Advantage CD
0.80%	$500	-	36 Month CD
0.70%	$500	-	24 Month CD
0.70%	$10k	$100k	11 Month Advantage CD
0.60%	$500	-	18 Month CD
0.50%	$500	-	12 Month CD
0.40%	$500	-	9 Month CD
0.30%	$500	-	6 Month CD
0.20%	$500	-	3 Month CD

Rates updated: 2/11/2012 * Not all products updated

Data for Q3 2011

Institution Statistics

Homebanc National Association
FDIC Certificate #	58194
BankRate Report	View
Year Established	2007
Employees	108
Primary Regulator	OCC
Assets and Liabilities
Assets	$434.16 million
Loans	$385.32 million
Deposits	$391.17 million
Equity Capital	$40.57 million
Loan Loss Allowance	$1.12 million
Unbacked Noncurrent Loans	$1.24 million
Real Estate Owned	$4.50 million
Historic Data - September 2010
Assets	$318.81 million
Equity Capital	$31.31 million
Loan Loss Allowance	$1.33 million
Unbacked Noncurrent Loans	$5.78 million
Real Estate Owned	$1.44 million
Profit Margin - Quarterly
Net Interest Margin	1.89%
Return on Assets	0.68%
Return on Equity	6.94%
Interest Income	$7.55 million

Institution Health

Overall Score:

4 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 September 30, 2011 Homebanc National Association had $5.73 million in non-current loans and owned real-estate with $41.69 million in equity and loan loss allowances on hand to cover it. This gives Homebanc National Association a Texas Ratio of 13.75% 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 Homebanc National Association increased slightly from 3.01% as of September 30, 2010 to 13.75% as of September 30, 2011, resulting in a negative change of 357.61%. This indicates that the balance sheet and financial strength for Homebanc National Association has declined slightly in recent periods.
Deposit Growth
In the past year, Homebanc National Association has increased its total deposits by $107.73 million, resulting in 38.01% 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 Homebanc National Association has shown is excellent.
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. Homebanc National Association has $434.16 million in assets with $41.69 million in equity, resulting in a capitalization level of 9.60%, which is average.