Home Federal Savings Bank in Rochester, Minnesota (MN), IA
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| Home Federal Savings Bank | |
|---|---|
| General | FDIC Certificate #: 29042 Status: Active Federal Reserve ID: 796572 Date Established: July 01, 1934 WWW: http://www.justcallhome.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 14 (Domestic: 14, Interstate: Yes) OTS Docket #: 2818 FDIC's unique #: 41876 Numeric code: 37 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: October 11, 1934 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012 |
| Location | Address: 1016 Civic Center Drive, Rochester, MN 55901 County: Olmsted Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Minneapolis Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Rochester, MN (#6820) Core Based Statistical Area (CBSA): Rochester, MN (#40340) CBSA Metro Statistical Area: Rochester, MN (#40340) |
| History of Changes | Change in Primary Regulatory Agency |
| Financial Summary | Total assets: $790.1 mil Equity capital: $57.5 mil Deposits held in domestic offices: $657.4 mil Return on assets (ROA): -1.26% (-$10.0 mil) Quarterly return on assets: -3.66% (-$28.9 mil) Return on Equity (ROE): -16.11% (-$9.2 mil) Quarterly return on equity: -48.01% (-$27.4 mil) Net income: -$10.5 mil Quarterly Net income: -$7.4 mil Pretax return on assets: -1.26% (-$9,955.7 mil) Quarterly Pretax return on assets: -3.66% (-$28,919.0 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 205 |
| Total assets | $790,137 |
| Cash and due from depository institutions | $67,865 |
| Interest-bearing balances | $64,293 |
| Securities | $126,113 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $560,386 |
| Loan loss allowance | $23,887 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $8,384 |
| Other real estate owned | $16,616 |
| Goodwill and other intangibles | $1,485 |
| All other assets | $9,288 |
| Life insurance assets | $790,137 |
| Total liabilities and capital | $732,683 |
| Total liabilities | $657,371 |
| Total deposits | $525,933 |
| Interest-bearing deposits | $657,371 |
| Deposits held in domestic offices | $92 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $71,400 |
| Other borrowed funds | $0 |
| Subordinated debt | $3,912 |
| All other liabilities | $57,454 |
| Total equity capital | $57,454 |
| Total bank equity capital | $57,454 |
| Perpetual preferred stock | $0 |
| Common stock | $10 |
| Surplus | $55,602 |
| Undivided profits | $1,842 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $33,994 |
| Earning assets | $612 |
| Long-term assets (5+ years) | $2,410 |
| Average Assets, year-to-date | $750,792 |
| Average Assets, quarterly | $0 |
| Volatile liabilities | $835,052 |
| Insider loans | $804,237 |
| FHLB advances | $586,033 |
| Loans and leases held for sale | $788,997 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $56,314 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $89,578 |
| Derivatives | $4,050 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $39,739 |
| Total interest expense | $11,140 |
| Net interest income | $28,599 |
| Provision for loan and lease losses | $17,278 |
| Total noninterest income | -$1,981 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $1,988 |
| Trading account gains & fees | $0 |
| Additional noninterest income | -$3,969 |
| Total noninterest expense | $19,851 |
| Salaries and employee benefits | $13,290 |
| Premises and equipment expense | $5,059 |
| Additional noninterest expense | $1,502 |
| Pre-tax net operating income | -$10,511 |
| Securities gains (losses) | $0 |
| Applicable income taxes | $0 |
| Income before extraordinary items | -$10,511 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$10,511 |
| Net charge-offs | $0 |
| Cash dividends | -$10,511 |
| Sale, conversion, retirement of capital stock, net | $11,229 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.10% |
| Cost of funding earning assets | 1.43% |
| Net interest margin | 3.67% |
| Noninterest income to earning assets | -0.25% |
| Noninterest expense to earning assets | 2.55% |
| Net operating income to assets | -1.26% |
| Return on assets (ROA) | -1.26% |
| Pretax return on assets | -1.26% |
| Return on equity (ROE) | -16.11% |
| Retained earnings to average equity (YTD only) | -16.11% |
| Net charge-offs to loans | 1.78% |
| Credit loss provision to net charge-offs | 153.87% |
| Efficiency ratio | 0.60% |
| Assets per employee | $74,577 |
| Cash dividends to net income (YTD only) | 3.85% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 4.09% |
| Noncurrent assets plus other real estate owned to assets | 70.27% |
| Noncurrent loans to loans | 6.41% |
| Net loans and leases to deposits | 5.82% |
| Net loans and leases to core deposits | 85.25% |
| Equity capital to assets | 97.88% |
| Core capital (leverage) ratio | 7.27% |
| Tier 1 risk-based capital ratio | 7.14% |
| Total risk-based capital ratio | 9.61% |
| Memoranda | |
| Average assets | $11 |
| Average earning assets | $835,052 |
| Average equity | $65,248 |
| Average loans | $779,336 |
| 2 Iowa Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 104 | 40925 | 9 Marshalltown Branch | 303 West Main Street, Marshalltown, IA 50158 | January 01, 1908 | Full Service Brick and Mortar |  |
| 108 | 464209 | 10 Toledo Branch | 1301 South County Road, Toledo, IA 52342 | June 22, 2007 | Full Service Brick and Mortar | |
| 12 Minnesota Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 41876 | Home Federal Savings Bank | 1016 Civic Center Drive, Rochester, MN 55901 | July 01, 1934 | Full Service Brick and Mortar |  |
| 1 | 272533 | 2 Austin Branch | 201 Oakland Avenue West, Austin, MN 55912 | July 01, 1934 | Full Service Brick and Mortar | |
| 4 | 272536 | 5 La Crescent Branch | 208 South Walnut Street, La Crescent, MN 55947 | July 01, 1934 | Full Service Brick and Mortar | |
| 102 | 41087 | 7 Albert Lea Branch | 143 West Clark Street, Albert Lea, MN 56007 | January 01, 1887 | Full Service Brick and Mortar | |
| 107 | 272539 | 1 Spring Valley Branch | 715 North Broadway, Spring Valley, MN 55975 | Febuary 23, 1998 | Full Service Brick and Mortar | |
| 109 | 464210 | 15 Edina Branch | 5201 Eden Avenue, Suite 170, Edina, MN 55436 | June 22, 2007 | Full Service Brick and Mortar | |
| 110 | 464211 | 17 Rochester - 1st Ave Branch | 100 1st Avenue Sw Ste 200, Rochester, MN 55902 | June 22, 2007 | Full Service Brick and Mortar | |
| 111 | 464212 | 3 Rochester - S Broadway Branch | 1201 South Broadway, Rochester, MN 55901 | June 22, 2007 | Full Service Brick and Mortar | |
| 112 | 464213 | 13 Rochester - 55th Street Branch | 3900 55th Street Nw, Rochester, MN 55901 | June 22, 2007 | Full Service Brick and Mortar | |
| 114 | 464215 | 4 Winona Branch | 175 Center Street, Winona, MN 55987 | June 22, 2007 | Full Service Brick and Mortar | |
| 115 | 491975 | 19 Eagan Branch | 2805 Dodd Road Ste 160, Eagan, MN 55121 | August 07, 2007 | Full Service Brick and Mortar | |
| 116 | 495138 | 20 Rochester - Superior Dr Branch | 2048 Superior Drive, Nw Ste 400, Rochester, MN 55901 | August 05, 2008 | Full Service Brick and Mortar | |
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