Homeland Community Bank in Mc Minnville, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

Homeland Community Bank - Overview

  • General
  • FDIC Certificate #: 57632
    Status: Active
    Federal Reserve ID: 3223408
    Date Established: November 24, 2003
    WWW: http://www.homelandcb.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)
    FDIC's unique #: 418823
    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: November 24, 2003
    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: 900 North Chancery Street, Mc Minnville, TN 37110
    County: Warren
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Nashville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): McMinnville, TN (#32660)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $132.9 mil
    Equity capital: $12.3 mil
    Deposits held in domestic offices: $116.2 mil
    Return on assets (ROA): 1.07% ($1.4 mil)
    Quarterly return on assets: 1.34% ($1.8 mil)
    Return on Equity (ROE): 11.66% ($1.4 mil)
    Quarterly return on equity: 14.50% ($1.7 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.60% ($2,126.6 mil)
    Quarterly Pretax return on assets: 2.05% ($2,724.8 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
  • 26Total employees (full-time equivalent)
  • $132,915Total assets
  • $12,439Cash and due from depository institutions
  • $11,581Interest-bearing balances
  • $19,670Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $94,394Net loans & leases
  • $1,542Loan loss allowance
  • $0Trading account assets
  • $1,589Bank premises and fixed assets
  • $559Other real estate owned
  • $0Goodwill and other intangibles
  • $132,915Life insurance assets
  • $4,264All other assets
  • $120,600Total liabilities and capital
  • $116,234Total liabilities
  • $104,542Total deposits
  • $116,234Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $1,366Subordinated debt
  • $12,315All other liabilities
  • $12,315Total equity capital
  • $12,315Total bank equity capital
  • $0Perpetual preferred stock
  • $985Common stock
  • $9,102Surplus
  • $2,228Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $749Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,030Income earned, not collected on loans
  • $0Earning assets
  • $915Long-term assets (5+ years)
  • $125,645Average Assets, year-to-date
  • $20,402Average Assets, quarterly
  • $126,460Volatile liabilities
  • $131,018Insider loans
  • $91,852FHLB advances
  • $126,756Loans and leases held for sale
  • $2,730Unused loan commitments
  • $1,631Tier 1 (core) risk-based capital
  • $11,753Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,099Total unused commitments
  • $7,390Restructured Loans and leases
  • $2,802Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,922Total interest income
  • $1,708Total interest expense
  • $4,214Net interest income
  • $133Provision for loan and lease losses
  • $740Total noninterest income
  • $0Fiduciary activities
  • $285Service charges on deposit accounts
  • $0Trading account gains & fees
  • $455Additional noninterest income
  • $2,969Total noninterest expense
  • $1,385Salaries and employee benefits
  • $293Premises and equipment expense
  • $1,291Additional noninterest expense
  • $1,852Pre-tax net operating income
  • $171Securities gains (losses)
  • $671Applicable income taxes
  • $1,352Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,352Net income attributable to bank
  • $0Net charge-offs
  • $1,352Cash dividends
  • -$351Sale, conversion, retirement of capital stock, net
  • $394Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 3.53%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 2.49%Noninterest expense to earning assets
  • 0.98%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 11.66%Return on equity (ROE)
  • 8.26%Retained earnings to average equity (YTD only)
  • -0.37%Net charge-offs to loans
  • -37.89%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 59,931Assets per employee
  • 5.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 29.14%Loss allowance to loans
  • 1.61%Loss allowance to noncurrent loans
  • 75.96%Noncurrent assets plus other real estate owned to assets
  • 1.95%Noncurrent loans to loans
  • 2.12%Net loans and leases to deposits
  • 81.21%Net loans and leases to core deposits
  • 91.49%Equity capital to assets
  • 9.27%Core capital (leverage) ratio
  • 9.27%Tier 1 risk-based capital ratio
  • 12.80%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $126,460Average earning assets
  • $11,592Average equity
  • $119,220Average loans

List of branches

  • 3 Tennessee Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0418823Homeland Community Bank900 North Chancery Street, Mc Minnville, TN 37110November 24, 2003Full Service Brick and Mortar
    1432873Morrison Branch150 North Railroad Street, Morrison, TN 37357November 08, 2004Full Service Brick and Mortar
    2469068Mt. Leo Branch807 Beersheba Street, Mc Minnville, TN 37110November 13, 2007Full Service Brick and Mortar

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