Home Federal Savings and Loan Association in Bamberg, South Carolina (SC)

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Home Federal Savings and Loan Association
GeneralFDIC Certificate #: 31774
Status: Active
Federal Reserve ID: 582878
Date Established: January 01, 1920
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 7450
FDIC's unique #: 44608
Numeric code: 38
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: Mortgage Lending Specialization
Date of Deposit Insurance: January 16, 1976
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
LocationAddress: 2990 Main Highway, Bamberg, SC 29003
County: Bamberg
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Columbia Sc
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Southeast
History of ChangesChange in Primary Regulatory Agency
Financial SummaryTotal assets: $38.5 mil
Equity capital: $3.8 mil
Deposits held in domestic offices: $34.4 mil
Return on assets (ROA): 0.40% ($0.2 mil)
Quarterly return on assets: -0.33% (-$0.1 mil)
Return on Equity (ROE): 3.99% ($0.2 mil)
Quarterly return on equity: -3.38% (-$0.1 mil)
Net income: $0.1 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.76% ($292.6 mil)
Quarterly Pretax return on assets: -0.10% (-$38.5 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)
Total employees (full-time equivalent)5
Total assets$38,500
Cash and due from depository institutions$957
Interest-bearing balances$303
Federal funds sold & reverse repurchase agreements$1,315
Net loans & leases$34,299
Loan loss allowance $84
Trading account assets$0
Bank premises and fixed assets$360
Other real estate owned$346
Goodwill and other intangibles$7
All other assets$616
Life insurance assets$38,500
Total liabilities and capital$34,724
Total liabilities$34,393
Total deposits$34,393
Interest-bearing deposits$34,393
Deposits held in domestic offices$98
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $331
All other liabilities $3,776
Total equity capital$3,776
Total bank equity capital$3,776
Perpetual preferred stock$0
Common stock$0
Undivided profits $3,776
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 $584
Earning assets $0
Long-term assets (5+ years) $146
Average Assets, year-to-date $36,517
Average Assets, quarterly $0
Volatile liabilities $37,313
Insider loans $38,295
FHLB advances $22,805
Loans and leases held for sale $38,500
Unused loan commitments $297
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $3,776
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,676
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,092
Total interest expense $634
Net interest income $1,458
Provision for loan and lease losses $43
Total noninterest income -$78
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income -$78
Total noninterest expense $1,053
Salaries and employee benefits $768
Premises and equipment expense $113
Additional noninterest expense $172
Pre-tax net operating income $284
Securities gains (losses) $0
Applicable income taxes $135
Income before extraordinary items $149
Extraordinary gains - net $0
Net income attributable to bank $149
Net charge-offs $0
Cash dividends $149
Sale, conversion, retirement of capital stock, net $42
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.89%
Cost of funding earning assets 1.79%
Net interest margin 4.11%
Noninterest income to earning assets -0.22%
Noninterest expense to earning assets 2.97%
Net operating income to assets 0.40%
Return on assets (ROA) 0.40%
Pretax return on assets 0.76%
Return on equity (ROE) 3.99%
Retained earnings to average equity (YTD only) 3.99%
Net charge-offs to loans 0.12%
Credit loss provision to net charge-offs 102.38%
Efficiency ratio7.79%
Assets per employee$76,014
Cash dividends to net income (YTD only)7.70%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.24%
Noncurrent assets plus other real estate owned to assets 14.38%
Noncurrent loans to loans 2.42%
Net loans and leases to deposits1.70%
Net loans and leases to core deposits 99.73%
Equity capital to assets 106.93%
Core capital (leverage) ratio 9.81%
Tier 1 risk-based capital ratio 9.81%
Total risk-based capital ratio 16.56%
Average assets$17
Average earning assets$37,313
Average equity $3,730
Average loans $35,496
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1 South Carolina Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
044608Home Federal Savings And Loan Associ2990 Main Highway, Bamberg, SC 29003January 01, 1920Full Service Brick and Mortar
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