HomeTrust Bank

HomeTrust Bank is headquartered in Clyde and is the 11^st largest bank in the state of North Carolina. It is also the 429^th largest bank in the nation. It was established in 1926 and as of March of 2012, it had grown to 293 employees at 20 locations. HomeTrust Bank has a 3-star health rating.

Data for Q1 2012

Institution Statistics HomeTrust Bank OTS # 13558 FDIC Certificate # 27677 BankRate Report View Year Established 1926 Employees 293 Primary Regulator OCC Assets and Liabilities Assets $1.56 billion Loans $1.23 billion Deposits $1.26 billion Equity Capital $171.00 million Loan Loss Allowance $36.12 million Unbacked Noncurrent Loans $77.12 million Real Estate Owned $12.43 million Historic Data - March 2011 Assets $1.66 billion Equity Capital $184.25 million Loan Loss Allowance $21.16 million Unbacked Noncurrent Loans $48.97 million Real Estate Owned $15.19 million Profit Margin - Quarterly Net Interest Margin 3.94% Return on Assets 0.51% Return on Equity 4.74% Interest Income $16.65 million

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 HomeTrust Bank had $89.55 million in non-current loans and owned real-estate with $207.12 million in equity and loan loss allowances on hand to cover it. This gives HomeTrust Bank a Texas Ratio of 43.24% 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 HomeTrust Bank increased slightly from 31.24% as of March 31, 2011 to 43.24% as of March 31, 2012, resulting in a negative change of 38.41%. This indicates that the balance sheet and financial strength for HomeTrust Bank has declined slightly in recent periods. Deposit Growth In the past year, HomeTrust Bank has decreased its total deposits by -$27.14 million, resulting in -2.11% 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 HomeTrust Bank 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. HomeTrust Bank has $1.56 billion in assets with $207.12 million in equity, resulting in a capitalization level of 13.24%, which is excellent.

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