The Home National Bank of Thorntown

The Home National Bank of Thorntown is headquartered in Thorntown and is the 110^st largest bank in the state of Indiana. It is also the 5,099^th largest bank in the nation. It was established in 1901 and as of March of 2012, it had grown to 24 employees at 2 locations. The Home National Bank of Thorntown's savings rates are 92% higher than the national average, and it has a 3-star health rating.

The Home National Bank of Thorntown Checking Account Rates

The Home National Bank of Thorntown Savings Account Rates

The Home National Bank of Thorntown CD Rates

Data for Q1 2012

Institution Statistics The Home National Bank of Thorntown FDIC Certificate # 14225 BankRate Report View Year Established 1901 Employees 24 Primary Regulator OCC Assets and Liabilities Assets $94.45 million Loans $47.26 million Deposits $83.01 million Equity Capital $6.80 million Loan Loss Allowance $719,000 Unbacked Noncurrent Loans $1.93 million Real Estate Owned $198,000 Historic Data - March 2011 Assets $89.56 million Equity Capital $6.27 million Loan Loss Allowance $579,000 Unbacked Noncurrent Loans $1.04 million Real Estate Owned $405,000 Profit Margin - Quarterly Net Interest Margin 3.38% Return on Assets 0.63% Return on Equity 8.75% Interest Income $899,000

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 The Home National Bank of Thorntown had $2.13 million in non-current loans and owned real-estate with $7.52 million in equity and loan loss allowances on hand to cover it. This gives The Home National Bank of Thorntown a Texas Ratio of 28.27% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for The Home National Bank of Thorntown increased slightly from 21.06% as of March 31, 2011 to 28.27% as of March 31, 2012, resulting in a negative change of 34.27%. This indicates that the balance sheet and financial strength for The Home National Bank of Thorntown has declined slightly in recent periods. Deposit Growth In the past year, The Home National Bank of Thorntown has increased its total deposits by $6.23 million, resulting in 8.11% 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 The Home National Bank of Thorntown has shown is excellent. 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. The Home National Bank of Thorntown has $94.45 million in assets with $7.52 million in equity, resulting in a capitalization level of 7.96%, which is below average.

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