Home Loan Investment Bank, F.S.B.

Headquarters

1 Home Loan Plaza, Suite 3
Warwick, RI 02886
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.40% →
1-Year CD 0.70% 1.15% →
2-Year CD 0.85% 1.26% →
5-Year CD 1.25% 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Home Loan Investment Bank, F.S.B. is an FDIC insured institution located in Warwick, RI. It was founded in 1979 and has approximately $0.35 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 27417
Date Established 1979
Assets $ 346.19 million
Loans $ 292.42 million
Deposits $ 311.07 million
Capital $ 32.59 million
 

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

Deposit Rates - July 6, 2020

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
1 YEAR
0.70% $2,500 - Learn More
2 YEAR
0.85% $2,500 - Learn More
30-Month
1.00% $2,500 - Learn More
60 MONTH
1.25% $2,500 - Learn More


Loan Rates - July 6, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Home Loan Investment Bank, F.S.B.

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to Home Loan Investment Bank, F.S.B.
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Branches

Home Loan Investment Bank, F.S.B. 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 Loan Investment Bank, F.S.B. Locations


Financial Details

Home Loan Investment Bank, F.S.B. Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Home Loan Investment Bank, F.S.B.. 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 Loan Investment Bank, F.S.B. U.S. Bank Average
12.61% 6.51%

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 December 31, 2019, Home Loan Investment Bank, F.S.B. had $4,458,000 in non-current loans and $259,000 in owned real estate. To cover these potential losses it had $32,585,000 in equity and $4,826,000 in loans loss reserves. That gives it a Texas Ratio of 12.61%.

Return on Equity
Home Loan Investment Bank, F.S.B. U.S. Bank Average
15.58% 9.41%

Home Loan Investment Bank, F.S.B. has a Return on Equity of 15.58% versus the BestCashCow average of 9.41%. 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 Loan Investment Bank, F.S.B. U.S. Bank Average
9.41% 12.82%

Home Loan Investment Bank, F.S.B. has a Capitalization of 9.41% versus the BestCashCow average of 12.82. 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 Loan Investment Bank, F.S.B. Balance Sheet Analysis

As of December 31, 2019, Home Loan Investment Bank, F.S.B. had assets of $346,188,000, loans of $292,424,000, and deposits of $311,074,000. 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

December 31, 2019
ASSETS
Cash & Balances due from depository institutions $ 38.90 million
Interest-bearing balances $ 38.74 million
Total securities $ 1.34 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 292.42 million
Loan loss allowance $ 4.83 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.26 million
Goodwill and other intangibles $ 2.06 million
All other assets $ 6.49 million
     Total Assets $ 313.60 million
LIABILITIES
Total deposits $ 311.07 million
      Interest-bearing deposits $ 303.95 million
      Deposits held in domestic offices $ 311.07 million
      % insured (estimated) 95.63%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 2.53 million
      Total Liabilities $ 313.60 million
      Shareholders’ Equity $ 32.59 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 21.07 million
Total Interest Expense $ 6.63 million
Net interest income $ 14.44 million
Provision for loan and lease losses $ 2.44 million
Total non interest income $ 7.99 million
Total non interest expense $ 15.37 million
Pre-tax Net Operating Income $ 4.62 million

Bank Loan Profile?

The top three loan types in Home Loan Investment Bank, F.S.B.’s loan portfolio are 1-4 Family Residential Loans, Consumer Auto Loans, and Commercial Real Estate.

Compared to other banks in Rhode Island, Home Loan Investment Bank, F.S.B. has a significantly higher percent of Consumer Auto Loans, Small Business Loans, Farm 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 49.29
Multifamily
Mortgages
0.15
Credit Card Loans 0.00
Consumer Auto Loans 26.12
Small Business Loans 15.07
Construction and Development Loans 0.00
Commercial Real Estate 15.07
Commercial and Industrial Loans 0.03
Farm Loans 0.14

Frequently Asked Questions About Home Loan Investment Bank, F.s.b.

Branches and Savings

Is Home Loan Investment Bank, F.s.b. FDIC insured?

Yes. It is covered under FDIC Certificate #27417.

Why does Home Loan Investment Bank, F.s.b. pay such low interest on savings accounts?

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

Why are Home Loan Investment Bank, F.s.b. CD rates not competitive?

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

Is Home Loan Investment Bank, F.s.b. a commercial bank?

Yes

Where are Home Loan Investment Bank, F.s.b. locations?

See branch locations nearby.

Is Home Loan Investment Bank, F.s.b. open on Saturdays?

Is Home Loan Investment Bank, F.s.b. open on Sundays?

What time does Home Loan Investment Bank, F.s.b. open?

What time does Home Loan Investment Bank, F.s.b. close?

Are Home Loan Investment Bank, F.s.b. ATMs Open 24/7?

Do Home Loan Investment Bank, F.s.b. ATMs accept cash deposits?

Can Home Loan Investment Bank, F.s.b. customers use other ATMs?

Do Home Loan Investment Bank, F.s.b. branches have notaries?

Will Home Loan Investment Bank, F.s.b. notarize my document?

What address for Home Loan Investment Bank, F.s.b. should I put for incoming ACH transfers?

Will the Home Loan Investment Bank, F.s.b. branch print checks?

Do Home Loan Investment Bank, F.s.b. checks expire?

Does Home Loan Investment Bank, F.s.b. require US citizenship to open account?

Can Home Loan Investment Bank, F.s.b. close my account?

Does Home Loan Investment Bank, F.s.b. Report to credit bureaus?

Does Home Loan Investment Bank, F.s.b. Use Equifax?

What is Home Loan Investment Bank, F.s.b.'s ACH Routing Number?

What is Home Loan Investment Bank, F.s.b.'s SWIFT code?

Products

Does Home Loan Investment Bank, F.s.b. offer mortgages?

Compare mortgage rates here.

Does Home Loan Investment Bank, F.s.b. offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Home Loan Investment Bank, F.s.b. offer personal loans?

Compare personal loan rates here.

Does Home Loan Investment Bank, F.s.b. offer student loans?

Will Home Loan Investment Bank, F.s.b. cash a check?

Will Home Loan Investment Bank, F.s.b. redeem a savings bond?

Does Home Loan Investment Bank, F.s.b. cash savings bonds?

Will Home Loan Investment Bank, F.s.b. cash money orders?

Can Home Loan Investment Bank, F.s.b. issue a money order?

Does Home Loan Investment Bank, F.s.b. do currency exchange?

Background on The Bank

Who owns Home Loan Investment Bank, F.s.b.?

How long has Home Loan Investment Bank, F.s.b. been around?

Can Home Loan Investment Bank, F.s.b. transfer to other banks?

Does Home Loan Investment Bank, F.s.b. have quick pay?

Does Home Loan Investment Bank, F.s.b. accept rolled coins?

Will Home Loan Investment Bank, F.s.b. accept loose change?

Where is Home Loan Investment Bank, F.s.b. headquarters?

Customer Reviews for Home Loan Investment Bank, F.S.B.


  • December 13, 2019 |

    Online CDs 30 Month Rates

    yes good

  • October 21, 2019

    Online CDs 60 Month Rates

    Don't have an experience but would like to have one.

  • May 30, 2019 |

    https://www.ripoffreport.com/report/home-loan-investment-bank-fsb/warwick-ri-rhode-isls-largest-1479077

  • May 30, 2019 |

    https://www.ripoffreport.com/report/home-loan-investment-bank-fsb/warwick-ri-rhode-isls-largest-1479077

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