Home Federal Savings Bank is headquartered in Rochester and is the 14th largest bank in the state of Minnesota. It is also the 1,031st largest bank in the nation. It was established in 1934 and as of March of 2018, it had grown to 184 employees at 14 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||0.88%|
|Return on Equity - YTD||8.21%|
|Annual Interest Income||$7.1MM|
|Assets and Liabilities|
|Assets||Q1 2018vs Q1 2017||$722.1MM$680.1MM|
|Loans||Q1 2018vs Q1 2017||$594.0MM$567.3MM|
|Deposits||Q1 2018vs Q1 2017||$640.8MM$597.0MM|
|Equity Capital||Q1 2018vs Q1 2017||$78.3MM$79.7MM|
|Loan Loss Allowance||Q1 2018vs Q1 2017||$9.1MM$9.6MM|
|Unbacked Noncurrent Loans||Q1 2018vs Q1 2017||$1.9MM$1.9MM|
|Real Estate Owned||Q1 2018vs Q1 2017||$701.00K$642.00K|
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