Home Savings Bank in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Home Savings Bank in Salt Lake City, Utah (UT)
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Home Savings Bank - Overview

  • General
  • FDIC Certificate #: 26798
    Status: Active
    Federal Reserve ID: 460770
    Bank Holding Company (Regulatory Top Holder): Home Credit Corporation (RSSDID: 1480560, Location: Salt Lake City, UT)
    Date Established: January 01, 1979
    WWW: http://www.home-savings-bank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 9457
    FDIC's unique #: 35954
    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: October 03, 1986
    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: 1455 East 2100 South Street, Salt Lake City, UT 84105
    County: Salt Lake
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Salt Lake City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160)
    Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482)
    Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620)
    CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $109.6 mil
    Equity capital: $13.8 mil
    Deposits held in domestic offices: $95.4 mil
    Return on assets (ROA): 0.21% ($0.2 mil)
    Quarterly return on assets: 0.67% ($0.7 mil)
    Return on Equity (ROE): 1.76% ($0.2 mil)
    Quarterly return on equity: 5.53% ($0.8 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.33% ($361.6 mil)
    Quarterly Pretax return on assets: 1.08% ($1,183.4 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
  • 18Total employees (full-time equivalent)
  • $109,570Total assets
  • $7,522Cash and due from depository institutions
  • $7,372Interest-bearing balances
  • $0Securities
  • $2,919Federal funds sold & reverse repurchase agreements
  • $84,948Net loans & leases
  • $1,294Loan loss allowance
  • $0Trading account assets
  • $5,612Bank premises and fixed assets
  • $6,226Other real estate owned
  • $0Goodwill and other intangibles
  • $109,570Life insurance assets
  • $2,343All other assets
  • $95,724Total liabilities and capital
  • $95,377Total liabilities
  • $93,601Total deposits
  • $95,377Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $347Subordinated debt
  • $13,846All other liabilities
  • $13,846Total equity capital
  • $13,846Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $2,742Surplus
  • $10,604Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,716Income earned, not collected on loans
  • $0Earning assets
  • $674Long-term assets (5+ years)
  • $95,239Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $116,740Volatile liabilities
  • $112,711Insider loans
  • $84,031FHLB advances
  • $111,269Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,846Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $249Restructured Loans and leases
  • $2,798Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,517Total interest income
  • $1,776Total interest expense
  • $4,741Net interest income
  • $164Provision for loan and lease losses
  • -$1,353Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,353Additional noninterest income
  • $2,841Total noninterest expense
  • $1,460Salaries and employee benefits
  • $328Premises and equipment expense
  • $1,053Additional noninterest expense
  • $383Pre-tax net operating income
  • $0Securities gains (losses)
  • $143Applicable income taxes
  • $240Income before extraordinary items
  • $0Extraordinary gains - net
  • $240Net income attributable to bank
  • $0Net charge-offs
  • $240Cash dividends
  • $394Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.48%Yield on earning assets
  • 1.77%Cost of funding earning assets
  • 4.72%Net interest margin
  • -1.35%Noninterest income to earning assets
  • 2.83%Noninterest expense to earning assets
  • 0.21%Net operating income to assets
  • 0.21%Return on assets (ROA)
  • 0.33%Pretax return on assets
  • 1.76%Return on equity (ROE)
  • 1.76%Retained earnings to average equity (YTD only)
  • 0.44%Net charge-offs to loans
  • 41.62%Credit loss provision to net charge-offs
  • 1.39%Efficiency ratio
  • 83,855Assets per employee
  • 6.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 75.41%Noncurrent assets plus other real estate owned to assets
  • 7.25%Noncurrent loans to loans
  • 1.99%Net loans and leases to deposits
  • 89.07%Net loans and leases to core deposits
  • 98.51%Equity capital to assets
  • 12.64%Core capital (leverage) ratio
  • 12.44%Tier 1 risk-based capital ratio
  • 16.48%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $116,740Average earning assets
  • $13,609Average equity
  • $100,511Average loans

List of branches

  • 3 Utah Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035954Home Savings Bank1455 East 2100 South Street, Salt Lake City, UT 84105January 01, 1979Full Service Brick and Mortar
    2451200Draper Branch911 East Pioneer Road, Draper, UT 84020May 11, 2006Full Service Brick and Mortar
    3454324Home Savings Bank Branch4580 North Silver Springs Drive, Park City, UT 84098January 03, 2003Full Service Cyber

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