Hometown Bank in Kent, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

Hometown Bank - Overview

  • General
  • FDIC Certificate #: 30219
    Status: Active
    Federal Reserve ID: 940674
    Bank Holding Company (Regulatory Top Holder): Hometown Bancorp, Inc. (RSSDID: 3311202, Location: Kent, OH)
    Date Established: January 01, 1898
    WWW: http://www.homesavingsbnk.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 4984
    FDIC's unique #: 43053
    Numeric code: 41
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 29, 1943
    Last Structure Change Effective Date: January 23, 2012
    Last Structure Change Process Date: January 26, 2012
    Last Data Update: January 26, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 142 North Water Street, Kent, OH 44240
    County: Portage
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Akron, OH (#80)
    Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28)
    Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184)
    Core Based Statistical Area (CBSA): Akron, OH (#10420)
    CBSA Metro Statistical Area: Akron, OH (#10420)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $150.2 mil
    Equity capital: $11.4 mil
    Deposits held in domestic offices: $124.8 mil
    Return on assets (ROA): 0.78% ($1.2 mil)
    Quarterly return on assets: 0.89% ($1.3 mil)
    Return on Equity (ROE): 10.42% ($1.1 mil)
    Quarterly return on equity: 11.70% ($1.3 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.15% ($1,727.4 mil)
    Quarterly Pretax return on assets: 1.30% ($1,952.7 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
  • 45Total employees (full-time equivalent)
  • $150,205Total assets
  • $6,501Cash and due from depository institutions
  • $5,568Interest-bearing balances
  • $11,956Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $122,757Net loans & leases
  • $856Loan loss allowance
  • $0Trading account assets
  • $2,527Bank premises and fixed assets
  • $629Other real estate owned
  • $282Goodwill and other intangibles
  • $150,205Life insurance assets
  • $5,553All other assets
  • $138,787Total liabilities and capital
  • $124,793Total liabilities
  • $105,480Total deposits
  • $124,793Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,110Trading liabilities
  • $0Other borrowed funds
  • $2,884Subordinated debt
  • $11,418All other liabilities
  • $11,418Total equity capital
  • $11,418Total bank equity capital
  • $0Perpetual preferred stock
  • $165Common stock
  • $3,391Surplus
  • $7,862Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $292Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,688Income earned, not collected on loans
  • $0Earning assets
  • $576Long-term assets (5+ years)
  • $140,281Average Assets, year-to-date
  • $43,416Average Assets, quarterly
  • $146,985Volatile liabilities
  • $149,446Insider loans
  • $111,883FHLB advances
  • $147,368Loans and leases held for sale
  • $2,511Unused loan commitments
  • $2,511Tier 1 (core) risk-based capital
  • $11,418Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,507Restructured Loans and leases
  • $1,902Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,428Total interest income
  • $1,241Total interest expense
  • $6,187Net interest income
  • $445Provision for loan and lease losses
  • $887Total noninterest income
  • $0Fiduciary activities
  • $259Service charges on deposit accounts
  • $0Trading account gains & fees
  • $628Additional noninterest income
  • $4,923Total noninterest expense
  • $2,807Salaries and employee benefits
  • $587Premises and equipment expense
  • $1,529Additional noninterest expense
  • $1,706Pre-tax net operating income
  • -$11Securities gains (losses)
  • $554Applicable income taxes
  • $1,141Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,141Net income attributable to bank
  • $0Net charge-offs
  • $1,141Cash dividends
  • $335Sale, conversion, retirement of capital stock, net
  • $560Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.42%Yield on earning assets
  • 0.91%Cost of funding earning assets
  • 4.51%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 0.78%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 10.42%Return on equity (ROE)
  • 5.31%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 132.84%Credit loss provision to net charge-offs
  • 6.42%Efficiency ratio
  • 69,593Assets per employee
  • 3.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 49.08%Loss allowance to loans
  • 0.69%Loss allowance to noncurrent loans
  • 31.85%Noncurrent assets plus other real estate owned to assets
  • 2.21%Noncurrent loans to loans
  • 2.17%Net loans and leases to deposits
  • 98.37%Net loans and leases to core deposits
  • 107.76%Equity capital to assets
  • 7.60%Core capital (leverage) ratio
  • 7.75%Tier 1 risk-based capital ratio
  • 10.21%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $146,985Average earning assets
  • $10,952Average equity
  • $137,111Average loans

List of branches

  • 5 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043053Hometown Bank142 North Water Street, Kent, OH 44240January 01, 1898Full Service Brick and Mortar
    1279177Water Street Drive-Thru Branch203 North Water Street, Kent, OH 44240October 01, 1980Limited Service Facility
    3279179Brimfield Township Branch4023 State Route 43, Brimfield Township, OH 44240June 26, 1996Full Service Brick and Mortar
    5476947Courier Service142 North Water Street, Kent, OH 44240June 16, 2008Limited Service Messenger
    6485241Ravenna Branch100 East Main Street, Ravenna, OH 44266December 15, 2008Full Service Brick and Mortar

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