Home Loan State Bank

Headquarters

205 N. 4th Street
Grand Junction, CO 81501
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.19% 1.60% →
1-Year CD 0.25% 1.55% →
2-Year CD 0.40% 1.45% →
5-Year CD 0.90% 1.66% →
30-Year Mortgage N.A. 3.08% →
15-Year Mortgage N.A. 2.65% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

Home Loan State Bank is an FDIC insured institution located in Grand Junction, CO. It was founded in 1960 and has approximately $0.13 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 90040
Date Established 1960
Assets $ 131.82 million
Loans $ 68.87 million
Deposits $ 117.07 million
Capital $ 10.95 million
 

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

Deposit Rates - May 31, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.19% $100 - Learn More
Money Market
0.25% $2,500 $99,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.15% $1,000 - Learn More
12 Mo CD
0.25% $1,000 - Learn More
24 Mo CD
0.40% $1,000 - Learn More
36 Mo CD
0.50% $1,000 - Learn More
48 Mo CD
0.65% $1,000 - Learn More
60 Mo CD
0.90% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.12% $500 $5,000 Learn MoreShow Less

Loan Rates - May 31, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Home Loan State Bank

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.952% 2.875% 1.00 $2,485 $1,038 Learn More

Note to Home Loan State Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Home Loan State Bank 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 Loan State Bank Locations


Financial Details

Home Loan State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Home Loan State Bank. 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
Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Home Loan State Bank U.S. Bank Average
1.99% 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 State Bank had $234,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $10,951,000 in equity and $808,000 in loans loss reserves. That gives it a Texas Ratio of 1.99%.

Return on Equity
Home Loan State Bank U.S. Bank Average
11.89% 9.41%

Home Loan State Bank has a Return on Equity of 11.89% 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 State Bank U.S. Bank Average
8.31% 12.82%

Home Loan State Bank has a Capitalization of 8.31% 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 State Bank Balance Sheet Analysis

As of December 31, 2019, Home Loan State Bank had assets of $131,823,000, loans of $68,874,000, and deposits of $117,070,000. 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 $ 8.32 million
Interest-bearing balances $ 6.84 million
Total securities $ 48.01 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 68.87 million
Loan loss allowance $ 0.81 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 1.11 million
     Total Assets $ 120.87 million
LIABILITIES
Total deposits $ 117.07 million
      Interest-bearing deposits $ 82.99 million
      Deposits held in domestic offices $ 117.07 million
      % insured (estimated) 72.76%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 3.36 million
Subordinated debt N.A.
All other liabilities $ 0.45 million
      Total Liabilities $ 120.87 million
      Shareholders’ Equity $ 10.95 million

Summary Income Statement

December 31, 2019
INCOME AND EXPENSES
Total Interest Income $ 5.29 million
Total Interest Expense $ 0.60 million
Net interest income $ 4.69 million
Provision for loan and lease losses $ 0.07 million
Total non interest income $ 0.47 million
Total non interest expense $ 3.56 million
Pre-tax Net Operating Income $ 1.53 million

Bank Loan Profile?

The top three loan types in Home Loan State Bank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Colorado, Home Loan State Bank has a significantly higher percent of Commercial and Industrial 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 14.09
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.07
Small Business Loans 15.89
Construction and Development Loans 13.92
Commercial Real Estate 21.00
Commercial and Industrial Loans 27.25
Farm Loans 7.85

Frequently Asked Questions About Home Loan State Bank

Branches and Savings

Is Home Loan State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #90040.

Why does Home Loan State Bank 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 State Bank CD rates not competitive?

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

Is Home Loan State Bank a commercial bank?

Yes

Where are Home Loan State Bank locations?

See branch locations nearby.

Is Home Loan State Bank open on Saturdays?

Is Home Loan State Bank open on Sundays?

What time does Home Loan State Bank open?

What time does Home Loan State Bank close?

Are Home Loan State Bank ATMs Open 24/7?

Do Home Loan State Bank ATMs accept cash deposits?

Can Home Loan State Bank customers use other ATMs?

Do Home Loan State Bank branches have notaries?

Will Home Loan State Bank notarize my document?

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

Will the Home Loan State Bank branch print checks?

Do Home Loan State Bank checks expire?

Does Home Loan State Bank require US citizenship to open account?

Can Home Loan State Bank close my account?

Does Home Loan State Bank Report to credit bureaus?

Does Home Loan State Bank Use Equifax?

What is Home Loan State Bank's ACH Routing Number?

What is Home Loan State Bank's SWIFT code?

Products

Does Home Loan State Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Home Loan State Bank offer personal loans?

Compare personal loan rates here.

Does Home Loan State Bank offer student loans?

Will Home Loan State Bank cash a check?

Will Home Loan State Bank redeem a savings bond?

Does Home Loan State Bank cash savings bonds?

Will Home Loan State Bank cash money orders?

Can Home Loan State Bank issue a money order?

Does Home Loan State Bank do currency exchange?

Background on The Bank

Who owns Home Loan State Bank?

How long has Home Loan State Bank been around?

Can Home Loan State Bank transfer to other banks?

Does Home Loan State Bank have quick pay?

Does Home Loan State Bank accept rolled coins?

Will Home Loan State Bank accept loose change?

Where is Home Loan State Bank headquarters?

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