Home Federal Savings Bank is headquartered in Rochester and is the 15th largest bank in the state of Minnesota. It is also the 1,112th largest bank in the nation. It was established in 1934 and as of March of 2016, it had grown to 188 employees at 13 locations. Home Federal Savings Bank has an A+ health rating.
They should have been closed a year ago, they are hiding under an OTS agreement that keeps them from closing when it's suppose to protect the public they keep there real estate owned at pre-depression values, not current values, which shores up there bottom line so it looks better if a customer missed payments on a loan.
GOD BLESS AMERICA
|FDIC Certificate #||29042|
|Return on Assets - YTD||1.23%|
|Return on Equity - YTD||10.42%|
|Annual Interest Income||$6.5MM|
|Assets and Liabilities|
|Assets||Q1 2016vs Q1 2015||$636.8MM$564.1MM|
|Loans||Q1 2016vs Q1 2015||$494.4MM$362.7MM|
|Deposits||Q1 2016vs Q1 2015||$556.7MM$485.5MM|
|Equity Capital||Q1 2016vs Q1 2015||$76.7MM$74.7MM|
|Loan Loss Allowance||Q1 2016vs Q1 2015||$9.4MM$8.4MM|
|Unbacked Noncurrent Loans||Q1 2016vs Q1 2015||$3.9MM$10.0MM|
|Real Estate Owned||Q1 2016vs Q1 2015||$1.7MM$3.0MM|
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