Institution Statistics
| HomeStar Bank and Financial Services | | FDIC Certificate # | 16375 | | BankRate Report | View | | Year Established | 1946 | | Employees | 127 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $349.93 million | | Loans | $192.71 million | | Deposits | $312.99 million | | Equity Capital | $14.88 million | | Loan Loss Allowance | $6.98 million | | Unbacked Noncurrent Loans | $11.70 million | | Real Estate Owned | $6.76 million |
Historic Data - December 2011 | | Assets | $365.39 million | | Equity Capital | $15.52 million | | Loan Loss Allowance | $10.06 million | | Unbacked Noncurrent Loans | $25.41 million | | Real Estate Owned | $2.81 million |
Profit Margin - Quarterly | | Net Interest Margin | 3.34% | | Return on Assets | 0% | | Return on Equity | -0.07% | | Interest Income | $12.56 million |
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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 December 31, 2012 HomeStar Bank and Financial Services had $18.46 million in non-current loans and owned real-estate with $21.86 million in equity and loan loss allowances on hand to cover it. This gives HomeStar Bank and Financial Services a Texas Ratio of 84.44% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for HomeStar Bank and Financial Services decreased slightly from 110.33% as of December 31, 2011 to 84.44% as of December 31, 2012, resulting in a positive change of 23.46%.This indicates that the balance sheet and financial strength for HomeStar Bank and Financial Services has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, HomeStar Bank and Financial Services has decreased its total deposits by -$16.03 million, resulting in -4.87% 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 HomeStar Bank and Financial Services 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. HomeStar Bank and Financial Services has $349.93 million in assets with $21.86 million in equity, resulting in a capitalization level of 6.25%, which is below average. |
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Average User Rating:
Trust Department
The trust officer was to payoff my credit cards, He got a loan froma another bank to do it, but the he didn't pay off the cards. They all wnet in default and resulted in my drug coverage being denied. I went to refill a prescription only to find out that i had no drug coverage. He also failed to send me my monthly distribution. So I had no money and no credit.
He also paid to have a survey on property he sold which had a survey 4 months before. And he incorrectly recorded a deed which I had to hire an attorney to fix. He now won't communiate with me at all.
Stay away from the trust department at all costs.