Home Federal Bank of Tennessee

515 Market Street
Knoxville, TN 37901

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 29683
Date Established 1936
Assets $2.18 billion
Loans $0.98 billion
Deposits $1.69 billion
Capital $0.40 billion

Home Federal Bank of Tennessee is an FDIC insured institution located in Knoxville, TN. It was founded in 1936 and has approximately $2.18 billion in assets. Customers can open an account at one of its 23 branches.

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

Deposit Rates - August 24, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.35% $2,500 $24,999 Learn MoreShow Less
Money Market
0.35% $25,000 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $500 $99,999 Learn MoreShow Less
3 Mo CD
0.50% $100,000 - Learn MoreShow Less
6 Mo CD
0.50% $500 $99,999 Learn MoreShow Less
6 Mo CD
0.75% $100,000 - Learn MoreShow Less
12 Mo CD
1.00% $500 $99,999 Learn MoreShow Less
12 Mo CD
2.00% $100,000 - Learn MoreShow Less
18 Mo CD
2.00% $500 - Learn MoreShow Less
24 Mo CD
2.00% $500 - Learn MoreShow Less
36 Mo CD
2.25% $500 - Learn MoreShow Less
48 Mo CD
2.25% $500 - Learn MoreShow Less
60 Mo CD
2.50% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
1.00% $1 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.35% $1 $9,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1 - Learn MoreShow Less

Loan Rates - August 24, 2019

Your Current Location: Virginia, VA 20146

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 Federal Bank of Tennessee 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:
Ashburn,Virginia


Home Federal Bank of Tennessee Locations


Financial Details

Home Federal Bank of Tennessee Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Home Federal Bank of Tennessee. 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 Federal Bank of Tennessee U.S. Bank Average
2.11% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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, 2019, Home Federal Bank of Tennessee had $8,722,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $404,325,000 in equity and $9,162,000 in loans loss reserves. That gives it a Texas Ratio of 2.11%.

Return on Equity
Home Federal Bank of Tennessee U.S. Bank Average
2.94% 9.47%

Home Federal Bank of Tennessee has a Return on Equity of 2.94% versus the BestCashCow average of 9.47%. 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 Federal Bank of Tennessee U.S. Bank Average
18.52% 12.49%

Home Federal Bank of Tennessee has a Capitalization of 18.52% versus the BestCashCow average of 12.49. 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 Federal Bank of Tennessee Balance Sheet Analysis

As of March 31, 2019, Home Federal Bank of Tennessee had assets of $2,183,361,000, loans of $983,477,000, and deposits of $1,690,615,000. 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, 2019
ASSETS
Cash & Balances due from depository institutions $0.08 billion
Interest-bearing balances $0.05 billion
Total securities $1.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.98 billion
Loan loss allowance $0.01 billion
Trading account assets $0.01 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.03 billion
     Total Assets $1.78 billion
LIABILITIES
Total deposits $1.69 billion
      Interest-bearing deposits $1.50 billion
      Deposits held in domestic offices $1.69 billion
      % insured (estimated) 87.05%
Federal funds purchased and repurchase agreements $0.07 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $1.78 billion
      Shareholders’ Equity $0.40 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.01 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Bank Loan Profile?

The top three loan types in Home Federal Bank of Tennessee’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Construction and Development Loans.

Compared to other banks, Home Federal Bank of Tennessee’s loan portfolio does not show any specific loan specialty.

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 48.51
Multifamily
Mortgages
1.14
Credit Card Loans 0.00
Consumer Auto Loans 0.05
Small Business Loans 4.48
Construction and Development Loans 7.52
Commercial Real Estate 30.53
Commercial and Industrial Loans 3.03
Farm Loans 0.01

Frequently Asked Questions About Home Federal Bank Of Tennessee

Branches and Savings

Is Home Federal Bank Of Tennessee FDIC insured?

Yes. It is covered under FDIC Certificate #29683.

Why does Home Federal Bank Of Tennessee pay such low interest on savings accounts?

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

Why are Home Federal Bank Of Tennessee CD rates not competitive?

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

Is Home Federal Bank Of Tennessee a commercial bank?

Yes

Where are Home Federal Bank Of Tennessee locations?

See branch locations nearby.

Is Home Federal Bank Of Tennessee open on Saturdays?

Is Home Federal Bank Of Tennessee open on Sundays?

What time does Home Federal Bank Of Tennessee open?

What time does Home Federal Bank Of Tennessee close?

Are Home Federal Bank Of Tennessee ATMs Open 24/7?

Do Home Federal Bank Of Tennessee ATMs accept cash deposits?

Can Home Federal Bank Of Tennessee customers use other ATMs?

Do Home Federal Bank Of Tennessee branches have notaries?

Will Home Federal Bank Of Tennessee notarize my document?

What address for Home Federal Bank Of Tennessee should I put for incoming ACH transfers?

Will the Home Federal Bank Of Tennessee branch print checks?

Do Home Federal Bank Of Tennessee checks expire?

Does Home Federal Bank Of Tennessee require US citizenship to open account?

Can Home Federal Bank Of Tennessee close my account?

Does Home Federal Bank Of Tennessee Report to credit bureaus?

Does Home Federal Bank Of Tennessee Use Equifax?

What is Home Federal Bank Of Tennessee's ACH Routing Number?

What is Home Federal Bank Of Tennessee's SWIFT code?

Products

Does Home Federal Bank Of Tennessee offer mortgages?

Compare mortgage rates here.

Does Home Federal Bank Of Tennessee offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Home Federal Bank Of Tennessee offer personal loans?

Compare personal loan rates here.

Does Home Federal Bank Of Tennessee offer student loans?

Will Home Federal Bank Of Tennessee cash a check?

Will Home Federal Bank Of Tennessee redeem a savings bond?

Does Home Federal Bank Of Tennessee cash savings bonds?

Will Home Federal Bank Of Tennessee cash money orders?

Can Home Federal Bank Of Tennessee issue a money order?

Does Home Federal Bank Of Tennessee do currency exchange?

Background on The Bank

Who owns Home Federal Bank Of Tennessee?

How long has Home Federal Bank Of Tennessee been around?

Can Home Federal Bank Of Tennessee transfer to other banks?

Does Home Federal Bank Of Tennessee have quick pay?

Does Home Federal Bank Of Tennessee accept rolled coins?

Will Home Federal Bank Of Tennessee accept loose change?

Where is Home Federal Bank Of Tennessee headquarters?

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