Home Federal Bank of Tennessee is headquartered in Knoxville and is the 7th largest bank in the state of Tennessee. It is also the 399th largest bank in the nation. It was established in 1936 and as of June of 2022, it had grown to 364 employees at 23 locations. Home Federal Bank of Tennessee has an A+ health rating.
I enjoy visiting the main branch of Home Federal to make deposits. Every teller has always been friendly and helpful. I don't do online banking because there is a charge for it, but I work close by and frequently make deposits during lunch (if not, I go by an ATM on the way home). Any time I've had questions or a problem (someone used my debit card number online once), they have done everything possible to answer questions or resolve problems.
Overall | |
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FDIC Certificate # | 29683 |
Year Established | 1936 |
Employees | 364 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.35% |
Return on Equity - YTD | 2.28% |
Annual Interest Income | $29.8MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $2.83B$2.66B |
Loans | Q2 2022vs Q2 2021 | $1.09B$1.08B |
Deposits | Q2 2022vs Q2 2021 | $2.29B$2.12B |
Equity Capital | Q2 2022vs Q2 2021 | $434.9MM$425.4MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $12.3MM$11.7MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $3.5MM$9.0MM |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
Rates for Home Federal Bank of Tennessee are currently being reviewed.