Homestead Savings Bank, F.S.B.

Homestead Savings Bank, F.S.B. is headquartered in Albion and is the 105^th largest bank in the state of Michigan. It is also the 5,556^th largest bank in the nation. It was established in 1889 and as of March of 2012, it had grown to 30 employees at 4 locations. Homestead Savings Bank, F.S.B. has a 3-star health rating.

Data for Q1 2012

Institution Statistics Homestead Savings Bank OTS # 02091 FDIC Certificate # 28667 BankRate Report View Year Established 1889 Employees 30 Primary Regulator OCC Assets and Liabilities Assets $77.69 million Loans $56.81 million Deposits $67.62 million Equity Capital $5.24 million Loan Loss Allowance $548,000 Unbacked Noncurrent Loans $1.54 million Real Estate Owned $922,000 Historic Data - March 2011 Assets $79.45 million Equity Capital $5.84 million Loan Loss Allowance $407,000 Unbacked Noncurrent Loans $1.01 million Real Estate Owned $2.14 million Profit Margin - Quarterly Net Interest Margin 4% Return on Assets 0.14% Return on Equity 2.07% Interest Income $868,000

Institution Health Overall Score: 3 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 Homestead Savings Bank, F.S.B. had $2.46 million in non-current loans and owned real-estate with $5.78 million in equity and loan loss allowances on hand to cover it. This gives Homestead Savings Bank, F.S.B. a Texas Ratio of 42.49% 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 Homestead Savings Bank, F.S.B. decreased slightly from 50.37% as of March 31, 2011 to 42.49% as of March 31, 2012, resulting in a positive change of 15.65%.This indicates that the balance sheet and financial strength for Homestead Savings Bank, F.S.B. has improved slightly in recent periods. Deposit Growth In the past year, Homestead Savings Bank, F.S.B. has increased its total deposits by $530,000, resulting in 0.79% 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 Homestead Savings Bank, F.S.B. has shown is 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. Homestead Savings Bank, F.S.B. has $77.69 million in assets with $5.78 million in equity, resulting in a capitalization level of 7.44%, which is below average.

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