Home Federal Bank Corporation in Middlesboro, Kentucky (KY), TN
Overview, Financial Summary, Detailed Financial Reports, Branches

Home Federal Bank Corporation - Overview

  • General
  • FDIC Certificate #: 31236
    Status: Active
    Federal Reserve ID: 902672
    Bank Holding Company (Regulatory Top Holder): Hfb Financial Corporation (RSSDID: 3066977, Location: Middlesboro, KY)
    Date Established: January 01, 1920
    WWW: http://www.homefederalbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: Yes)
    OTS Docket #: 6586
    FDIC's unique #: 44070
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 19, 1961
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1602-08 East Cumberland Avenue, Middlesboro, KY 40965
    County: Bell
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Middlesborough, KY (#33180)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $347.7 mil
    Equity capital: $33.2 mil
    Deposits held in domestic offices: $267.1 mil
    Return on assets (ROA): 0.41% ($1.4 mil)
    Quarterly return on assets: 0.14% ($0.5 mil)
    Return on Equity (ROE): 4.37% ($1.4 mil)
    Quarterly return on equity: 1.49% ($0.5 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.52% ($1,807.8 mil)
    Quarterly Pretax return on assets: 0.16% ($556.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 93Total employees (full-time equivalent)
  • $347,660Total assets
  • $8,812Cash and due from depository institutions
  • $5,276Interest-bearing balances
  • $67,556Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $244,400Net loans & leases
  • $2,857Loan loss allowance
  • $0Trading account assets
  • $9,706Bank premises and fixed assets
  • $3,386Other real estate owned
  • $0Goodwill and other intangibles
  • $347,660Life insurance assets
  • $13,800All other assets
  • $314,482Total liabilities and capital
  • $267,129Total liabilities
  • $239,681Total deposits
  • $267,129Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 5000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $39,412Trading liabilities
  • $0Other borrowed funds
  • $2,941Subordinated debt
  • $33,178All other liabilities
  • $33,178Total equity capital
  • $33,178Total bank equity capital
  • $0Perpetual preferred stock
  • $4,184Common stock
  • $269Surplus
  • $28,725Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,656Income earned, not collected on loans
  • $0Earning assets
  • $1,376Long-term assets (5+ years)
  • $317,232Average Assets, year-to-date
  • $185,638Average Assets, quarterly
  • $347,674Volatile liabilities
  • $347,457Insider loans
  • $224,450FHLB advances
  • $345,097Loans and leases held for sale
  • $8,025Unused loan commitments
  • $8,025Tier 1 (core) risk-based capital
  • $32,581Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,493Restructured Loans and leases
  • $1,544Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $17,341Total interest income
  • $4,815Total interest expense
  • $12,526Net interest income
  • $2,156Provision for loan and lease losses
  • $2,272Total noninterest income
  • $0Fiduciary activities
  • $1,329Service charges on deposit accounts
  • $0Trading account gains & fees
  • $943Additional noninterest income
  • $10,841Total noninterest expense
  • $5,555Salaries and employee benefits
  • $1,125Premises and equipment expense
  • $4,161Additional noninterest expense
  • $1,801Pre-tax net operating income
  • $0Securities gains (losses)
  • $364Applicable income taxes
  • $1,437Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,437Net income attributable to bank
  • $0Net charge-offs
  • $1,437Cash dividends
  • $2,314Sale, conversion, retirement of capital stock, net
  • $650Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.45%Yield on earning assets
  • 1.51%Cost of funding earning assets
  • 3.93%Net interest margin
  • 0.71%Noninterest income to earning assets
  • 3.40%Noninterest expense to earning assets
  • 0.41%Net operating income to assets
  • 0.41%Return on assets (ROA)
  • 0.52%Pretax return on assets
  • 4.37%Return on equity (ROE)
  • 2.39%Retained earnings to average equity (YTD only)
  • 0.94%Net charge-offs to loans
  • 93.17%Credit loss provision to net charge-offs
  • 1.71%Efficiency ratio
  • 73,260Assets per employee
  • 3.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.23%Loss allowance to loans
  • 1.16%Loss allowance to noncurrent loans
  • 42.92%Noncurrent assets plus other real estate owned to assets
  • 3.39%Noncurrent loans to loans
  • 2.69%Net loans and leases to deposits
  • 91.49%Net loans and leases to core deposits
  • 95.87%Equity capital to assets
  • 9.54%Core capital (leverage) ratio
  • 9.44%Tier 1 risk-based capital ratio
  • 14.52%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $347,674Average earning assets
  • $32,868Average equity
  • $318,454Average loans

List of branches

  • 3 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    044070Home Federal Bank Corporation1602-08 East Cumberland Avenue, Middlesboro, KY 40965January 01, 1920Full Service Brick and Mortar
    2283926Village Center Branch185 Finance Street, Harlan, KY 40831January 01, 1920Full Service Brick and Mortar
    5364186Cumberland Avenue Branch102 Cumberland Avenue, Harlan, KY 40831December 18, 2001Full Service Brick and Mortar
  • 3 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    4283928New Tazewell Branch500 Fifth Avenue, New Tazewell, TN 37825October 24, 1995Full Service Brick and Mortar
    6420307Jacksboro Branch300 Main Street, Jacksboro, TN 37757January 18, 2003Full Service Brick and Mortar
    7511691Harrogate Tn Branch111 Washington Avenue, Harrogate, TN 37752August 23, 2010Full Service Brick and Mortar

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