Home Federal Savings Bank is headquartered in Rochester and is the 15th largest bank in the state of Minnesota. It is also the 1,081st largest bank in the nation. It was established in 1934 and as of March of 2017, it had grown to 197 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||0.83%|
|Return on Equity - YTD||7.19%|
|Annual Interest Income||$6.7MM|
|Assets and Liabilities|
|Assets||Q1 2017vs Q1 2016||$680.1MM$636.8MM|
|Loans||Q1 2017vs Q1 2016||$567.3MM$494.4MM|
|Deposits||Q1 2017vs Q1 2016||$597.0MM$556.7MM|
|Equity Capital||Q1 2017vs Q1 2016||$79.7MM$76.7MM|
|Loan Loss Allowance||Q1 2017vs Q1 2016||$9.6MM$9.4MM|
|Unbacked Noncurrent Loans||Q1 2017vs Q1 2016||$1.9MM$3.9MM|
|Real Estate Owned||Q1 2017vs Q1 2016||$642.00K$1.7MM|
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