HomeTown Bank in Roanoke, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

HomeTown Bank - Overview

  • General
  • FDIC Certificate #: 58163
    Status: Active
    Federal Reserve ID: 3357910
    Bank Holding Company (Regulatory Top Holder): Hometown Bankshares Corporation (RSSDID: 3848342, Location: Roanoke, VA)
    Date Established: November 14, 2005
    WWW: http://www.hometownbankva.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 441067
    Numeric code: 13
    Regulator: FED
    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: November 14, 2005
    Last Structure Change Effective Date: January 07, 2010
    Last Structure Change Process Date: August 04, 2010
    Last Data Update: August 04, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 202 South Jefferson Street, Roanoke, VA 24011
    County: Roanoke City
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Richmond
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Roanoke, VA (#6800)
    Core Based Statistical Area (CBSA): Roanoke, VA (#40220)
    CBSA Metro Statistical Area: Roanoke, VA (#40220)
  • Financial Summary
  • Total assets: $361.2 mil
    Equity capital: $30.8 mil
    Deposits held in domestic offices: $309.9 mil
    Return on assets (ROA): 0.55% ($2.0 mil)
    Quarterly return on assets: 0.51% ($1.8 mil)
    Return on Equity (ROE): 6.73% ($2.1 mil)
    Quarterly return on equity: 6.06% ($1.9 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.55% ($1,986.5 mil)
    Quarterly Pretax return on assets: 0.51% ($1,842.0 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
  • 78Total employees (full-time equivalent)
  • $361,175Total assets
  • $12,529Cash and due from depository institutions
  • $5,904Interest-bearing balances
  • $69,207Securities
  • $10,363Federal funds sold & reverse repurchase agreements
  • $245,100Net loans & leases
  • $3,979Loan loss allowance
  • $170Trading account assets
  • $9,525Bank premises and fixed assets
  • $9,562Other real estate owned
  • $0Goodwill and other intangibles
  • $361,175Life insurance assets
  • $4,719All other assets
  • $330,378Total liabilities and capital
  • $309,928Total liabilities
  • $280,814Total deposits
  • $309,928Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 449.00%% insured (estimated)
  • $170Federal funds purchased & repurchase agreements
  • $19,000Trading liabilities
  • $0Other borrowed funds
  • $831Subordinated debt
  • $30,797All other liabilities
  • $30,797Total equity capital
  • $30,797Total bank equity capital
  • $0Perpetual preferred stock
  • $14,697Common stock
  • $24,171Surplus
  • $-8,071Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,032Income earned, not collected on loans
  • $0Earning assets
  • $1,372Long-term assets (5+ years)
  • $330,744Average Assets, year-to-date
  • $92,997Average Assets, quarterly
  • $356,780Volatile liabilities
  • $360,318Insider loans
  • $261,595FHLB advances
  • $357,988Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $29,718Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $42,782Restructured Loans and leases
  • $9,070Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $16,014Total interest income
  • $4,334Total interest expense
  • $11,680Net interest income
  • $1,222Provision for loan and lease losses
  • $381Total noninterest income
  • $0Fiduciary activities
  • $283Service charges on deposit accounts
  • $0Trading account gains & fees
  • $98Additional noninterest income
  • $9,075Total noninterest expense
  • $4,753Salaries and employee benefits
  • $1,077Premises and equipment expense
  • $3,245Additional noninterest expense
  • $1,764Pre-tax net operating income
  • $196Securities gains (losses)
  • $0Applicable income taxes
  • $1,960Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,960Net income attributable to bank
  • $0Net charge-offs
  • $1,960Cash dividends
  • $2,471Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.84%Yield on earning assets
  • 1.31%Cost of funding earning assets
  • 3.53%Net interest margin
  • 0.12%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 0.49%Net operating income to assets
  • 0.55%Return on assets (ROA)
  • 0.55%Pretax return on assets
  • 6.73%Return on equity (ROE)
  • 6.73%Retained earnings to average equity (YTD only)
  • 0.96%Net charge-offs to loans
  • 49.45%Credit loss provision to net charge-offs
  • 1.21%Efficiency ratio
  • 75,243Assets per employee
  • 4.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.60%Loss allowance to noncurrent loans
  • 195.82%Noncurrent assets plus other real estate owned to assets
  • 3.21%Noncurrent loans to loans
  • 0.82%Net loans and leases to deposits
  • 79.08%Net loans and leases to core deposits
  • 86.82%Equity capital to assets
  • 8.53%Core capital (leverage) ratio
  • 8.30%Tier 1 risk-based capital ratio
  • 11.36%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $356,780Average earning assets
  • $29,141Average equity
  • $331,179Average loans

List of branches

  • 5 Virginia Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0441067Hometown Bank202 South Jefferson Street, Roanoke, VA 24011November 14, 2005Full Service Brick and Mortar
    1451395Moneta Branch13400 Booker T. Washington Highway, Moneta, VA 24121May 08, 2006Full Service Brick and Mortar
    2465909South Roanoke Branch3521 Franklin Road Sw, Roanoke, VA 24014July 11, 2007Full Service Brick and Mortar
    3466488Colonial Avenue At 419 Branch4225 Colonial Avenue, Roanoke, VA 24018March 22, 2007Full Service Brick and Mortar
    4480308Newriver Bank A Branch Of Hometown B1540 Roanoke Street, Christiansburg, VA 24073June 19, 2008Full Service Brick and Mortar

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