Hometown National bank (WA)

Hometown National bank (WA) is headquartered in Longview and is the 70^th largest bank in the state of Washington. It is also the 7,193^rd largest bank in the nation. It was established in 2000 and as of March of 2012, it had grown to 9 employees at 1 location. Hometown National bank (WA) has a 1-star health rating.

Data for Q1 2012

Institution Statistics Hometown National bank FDIC Certificate # 35156 BankRate Report View Year Established 2000 Employees 9 Primary Regulator OCC Assets and Liabilities Assets $18.36 million Loans $8.39 million Deposits $17.87 million Equity Capital $426,000 Loan Loss Allowance $754,000 Unbacked Noncurrent Loans $829,000 Real Estate Owned $583,000 Historic Data - March 2011 Assets $21.18 million Equity Capital $973,000 Loan Loss Allowance $1.02 million Unbacked Noncurrent Loans $1.26 million Real Estate Owned $259,000 Profit Margin - Quarterly Net Interest Margin 3.84% Return on Assets -4.41% Return on Equity -154.25% Interest Income $197,000

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 National bank (WA) had $1.41 million in non-current loans and owned real-estate with $1.18 million in equity and loan loss allowances on hand to cover it. This gives Hometown National bank (WA) a Texas Ratio of 119.66% 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 National bank (WA) increased slightly from 76.16% as of March 31, 2011 to 119.66% as of March 31, 2012, resulting in a negative change of 57.12%. This indicates that the balance sheet and financial strength for Hometown National bank (WA) has declined slightly in recent periods. Deposit Growth In the past year, Hometown National bank (WA) has decreased its total deposits by -$2.25 million, resulting in -11.19% 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 National bank (WA) has shown is poor. 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 National bank (WA) has $18.36 million in assets with $1.18 million in equity, resulting in a capitalization level of 6.43%, which is below average.

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