Hometown Community Bank (GA)

Hometown Community Bank (GA) is headquartered in Braselton and is the 128^th largest bank in the state of Georgia. It is also the 4,101^st largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 18 employees at 2 locations. Hometown Community Bank (GA) has a 1-star health rating.

Hometown Community Bank (GA) Checking Account Rates

Hometown Community Bank (GA) Savings Account Rates

Hometown Community Bank (GA) Money Market Rates

Hometown Community Bank (GA) CD Rates

Data for Q1 2012

Institution Statistics Hometown Community Bank FDIC Certificate # 57928 BankRate Report View Year Established 2005 Employees 18 Primary Regulator FDIC Assets and Liabilities Assets $136.82 million Loans $70.40 million Deposits $108.82 million Equity Capital $7.14 million Loan Loss Allowance $1.97 million Unbacked Noncurrent Loans $16.85 million Real Estate Owned $14.38 million Historic Data - March 2011 Assets $132.91 million Equity Capital $2.93 million Loan Loss Allowance $2.38 million Unbacked Noncurrent Loans $14.71 million Real Estate Owned $11.36 million Profit Margin - Quarterly Net Interest Margin 1.76% Return on Assets -0.76% Return on Equity -14.26% Interest Income $894,000

Institution Health Overall Score: 1 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 Hometown Community Bank (GA) had $31.23 million in non-current loans and owned real-estate with $9.11 million in equity and loan loss allowances on hand to cover it. This gives Hometown Community Bank (GA) a Texas Ratio of 342.66% 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 Hometown Community Bank (GA) decreased slightly from 490.48% as of March 31, 2011 to 342.66% as of March 31, 2012, resulting in a positive change of 30.14%.This indicates that the balance sheet and financial strength for Hometown Community Bank (GA) has improved slightly in recent periods. Deposit Growth In the past year, Hometown Community Bank (GA) has decreased its total deposits by $-329,000, resulting in -0.3% 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 Hometown Community Bank (GA) 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. Hometown Community Bank (GA) has $136.82 million in assets with $9.11 million in equity, resulting in a capitalization level of 6.66%, which is below average.

No reviews have been left for this bank yet. Be the first to review.