Home Bank SB

Headquarters

59 West Washington Street
Martinsville, IN 46151
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.04% 1.05% →
1-Year CD 0.20% 0.95% →
2-Year CD 0.25% 1.05% →
5-Year CD 0.60% 1.30% →
30-Year Mortgage 4.42% 2.80% →
15-Year Mortgage 3.69% 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Home Bank SB is an FDIC insured institution located in Martinsville, IN. It was founded in 1890 and has approximately $0.33 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 29881
Date Established 1890
Assets $ 334.17 million
Loans $ 190.83 million
Deposits $ 258.35 million
Capital $ 42.94 million
 

For a more detailed analysis of Home Bank SB's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.04% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
6 Mo CD
0.10% $10,000 $14,999 Learn More
6 Mo CD
0.10% $100,000 $199,999 Learn More
12 Mo CD
0.20% $10,000 $14,999 Learn More
12 Mo CD
0.20% $100,000 $199,999 Learn More
24 Mo CD
0.25% $10,000 $14,999 Learn More
24 Mo CD
0.25% $100,000 $199,999 Learn More
36 Mo CD
0.40% $10,000 $14,999 Learn More
36 Mo CD
0.40% $100,000 $199,999 Learn More
48 Mo CD
0.50% $10,000 $14,999 Learn More
48 Mo CD
0.50% $100,000 $199,999 Learn More
60 Mo CD
0.60% $10,000 $14,999 Learn More
60 Mo CD
0.60% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.04% $1 $99 Learn MoreShow Less
Int Ckg
0.04% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

Auto Loan Rates APR Rate Monthly Payment
5 Year 4.00% 4.00% $460.41
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

Home Bank SB branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Home Bank SB Locations


Financial Details

Home Bank SB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Home Bank SB. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Home Bank SB U.S. Bank Average
4.06% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Home Bank SB had $1,791,000 in non-current loans and $50,000 in owned real estate. To cover these potential losses it had $42,943,000 in equity and $2,352,000 in loans loss reserves. That gives it a Texas Ratio of 4.06%.

Return on Equity
Home Bank SB U.S. Bank Average
4.51% 7.80%

Home Bank SB has a Return on Equity of 4.51% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Home Bank SB U.S. Bank Average
12.85% 12.68%

Home Bank SB has a Capitalization of 12.85% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Home Bank SB Balance Sheet Analysis

As of March 31, 2020, Home Bank SB had assets of $334,166,000, loans of $190,828,000, and deposits of $258,350,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 31.54 million
Interest-bearing balances $ 28.84 million
Total securities $ 83.06 million
Federal funds sold and reverse repurchase $ 0.12 million
Net loans and leases $ 190.83 million
Loan loss allowance $ 2.35 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.05 million
Goodwill and other intangibles $ 0.78 million
All other assets $ 14.87 million
     Total Assets $ 291.22 million
LIABILITIES
Total deposits $ 258.35 million
      Interest-bearing deposits $ 205.06 million
      Deposits held in domestic offices $ 258.35 million
      % insured (estimated) 77.54%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 30.00 million
Subordinated debt N.A.
All other liabilities $ 2.87 million
      Total Liabilities $ 291.22 million
      Shareholders’ Equity $ 42.94 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.03 million
Total Interest Expense $ 0.50 million
Net interest income $ 2.54 million
Provision for loan and lease losses $ 0.10 million
Total non interest income $ 1.13 million
Total non interest expense $ 3.07 million
Pre-tax Net Operating Income $ 0.50 million

Bank Loan Profile?

The top three loan types in Home Bank SB’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Indiana, Home Bank SB has a significantly higher percent of 1-4 Family Residential Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 65.05
Multifamily
Mortgages
0.52
Credit Card Loans 0.00
Consumer Auto Loans 1.29
Small Business Loans 0.00
Construction and Development Loans 5.56
Commercial Real Estate 21.12
Commercial and Industrial Loans 6.95
Farm Loans 0.00

Frequently Asked Questions About Home Bank Sb

Branches and Savings

Is Home Bank Sb FDIC insured?

Yes. It is covered under FDIC Certificate #29881.

Why does Home Bank Sb pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Home Bank Sb CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Home Bank Sb a commercial bank?

Yes

Where are Home Bank Sb locations?

See branch locations nearby.

Is Home Bank Sb open on Saturdays?

Is Home Bank Sb open on Sundays?

What time does Home Bank Sb open?

What time does Home Bank Sb close?

Are Home Bank Sb ATMs Open 24/7?

Do Home Bank Sb ATMs accept cash deposits?

Can Home Bank Sb customers use other ATMs?

Do Home Bank Sb branches have notaries?

Will Home Bank Sb notarize my document?

What address for Home Bank Sb should I put for incoming ACH transfers?

Will the Home Bank Sb branch print checks?

Do Home Bank Sb checks expire?

Does Home Bank Sb require US citizenship to open account?

Can Home Bank Sb close my account?

Does Home Bank Sb Report to credit bureaus?

Does Home Bank Sb Use Equifax?

What is Home Bank Sb's ACH Routing Number?

What is Home Bank Sb's SWIFT code?

Products

Does Home Bank Sb offer mortgages?

Compare mortgage rates here.

Does Home Bank Sb offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Home Bank Sb offer personal loans?

Compare personal loan rates here.

Does Home Bank Sb offer student loans?

Will Home Bank Sb cash a check?

Will Home Bank Sb redeem a savings bond?

Does Home Bank Sb cash savings bonds?

Will Home Bank Sb cash money orders?

Can Home Bank Sb issue a money order?

Does Home Bank Sb do currency exchange?

Background on The Bank

Who owns Home Bank Sb?

How long has Home Bank Sb been around?

Can Home Bank Sb transfer to other banks?

Does Home Bank Sb have quick pay?

Does Home Bank Sb accept rolled coins?

Will Home Bank Sb accept loose change?

Where is Home Bank Sb headquarters?

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