400 South Main Street
Palmyra, MO 63461
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.20% →
1-Year CD 0.45% 1.10% →
2-Year CD 0.65% 1.15% →
5-Year CD 0.90% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

HomeBank is an FDIC insured institution located in Palmyra, MO. It was founded in 1934 and has approximately $0.42 billion in assets. Customers can open an account at one of its 7 branches.

FDIC Insured Yes
FDIC Certificate # 14492
Date Established 1934
Assets $ 418.29 million
Loans $ 334.88 million
Deposits $ 317.20 million
Capital $ 40.46 million

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

Deposit Rates - August 3, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.10% $2,500 $4,999 Learn More
Money Market
0.01% $2,500 $2,999 Learn More
Money Market
0.01% $10,000 $14,999 Learn More
Money Market
0.05% $25,000 $29,999 Learn More
3 Mo CD
0.25% $10,000 $14,999 Learn More
3 Mo CD
0.25% $100,000 $199,999 Learn More
6 Mo CD
0.35% $10,000 $14,999 Learn More
6 Mo CD
0.35% $100,000 $199,999 Learn More
Special: 7 Mo CD
0.75% $2,500 - Learn More
12 Mo CD
0.45% $10,000 $14,999 Learn More
12 Mo CD
0.45% $100,000 $199,999 Learn More
Special: 13 Mo CD
1.00% $2,500 - Learn More
18 Mo CD
0.50% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
30 Mo CD
0.70% $10,000 $14,999 Learn More
30 Mo CD
0.70% $100,000 $199,999 Learn More
36 Mo CD
0.75% $10,000 $14,999 Learn More
36 Mo CD
0.75% $100,000 $199,999 Learn More
48 Mo CD
0.80% $10,000 $14,999 Learn More
48 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
0.90% $10,000 $14,999 Learn More
60 Mo CD
0.90% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 3, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for HomeBank

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

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: 13256
2.930% 2.875% 0.75 $1,760 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to HomeBank
To upload and update your bank's rates please register. It is free to register and add rates.


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HomeBank Locations

Financial Details

HomeBank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of HomeBank. 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
HomeBank U.S. Bank Average
8.42% 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, HomeBank had $1,110,000 in non-current loans and $2,532,000 in owned real estate. To cover these potential losses it had $40,459,000 in equity and $2,779,000 in loans loss reserves. That gives it a Texas Ratio of 8.42%.

Return on Equity
HomeBank U.S. Bank Average
10.78% 7.80%

HomeBank has a Return on Equity of 10.78% 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.

HomeBank U.S. Bank Average
9.67% 12.68%

HomeBank has a Capitalization of 9.67% 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.

HomeBank Balance Sheet Analysis

As of March 31, 2020, HomeBank had assets of $418,289,000, loans of $334,883,000, and deposits of $317,195,000. 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
Cash & Balances due from depository institutions $ 21.04 million
Interest-bearing balances $ 6.48 million
Total securities $ 30.83 million
Federal funds sold and reverse repurchase $ 6.00 million
Net loans and leases $ 334.88 million
Loan loss allowance $ 2.78 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.53 million
Goodwill and other intangibles $ 0.95 million
All other assets $ 7.81 million
     Total Assets $ 377.83 million
Total deposits $ 317.20 million
      Interest-bearing deposits $ 263.11 million
      Deposits held in domestic offices $ 317.20 million
      % insured (estimated) 88.54%
Federal funds purchased and repurchase agreements $ 0.81 million
Trading liabilities N.A.
Other borrowed funds $ 55.49 million
Subordinated debt N.A.
All other liabilities $ 4.34 million
      Total Liabilities $ 377.83 million
      Shareholders’ Equity $ 40.46 million

Summary Income Statement

March 31, 2020
Total Interest Income $ 4.89 million
Total Interest Expense $ 0.98 million
Net interest income $ 3.91 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.35 million
Total non interest expense $ 3.19 million
Pre-tax Net Operating Income $ 1.04 million

Bank Loan Profile?

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

Compared to other banks, HomeBank’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.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 13.76
Credit Card Loans 0.00
Consumer Auto Loans 1.02
Small Business Loans 0.00
Construction and Development Loans 3.82
Commercial Real Estate 17.34
Commercial and Industrial Loans 20.88
Farm Loans 12.36

Frequently Asked Questions About Homebank

Branches and Savings

Is Homebank FDIC insured?

Yes. It is covered under FDIC Certificate #14492.

Why does Homebank pay such low interest on savings accounts?

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

Why are Homebank CD rates not competitive?

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

Is Homebank a commercial bank?


Where are Homebank locations?

See branch locations nearby.

Is Homebank open on Saturdays?

Is Homebank open on Sundays?

What time does Homebank open?

What time does Homebank close?

Are Homebank ATMs Open 24/7?

Do Homebank ATMs accept cash deposits?

Can Homebank customers use other ATMs?

Do Homebank branches have notaries?

Will Homebank notarize my document?

What address for Homebank should I put for incoming ACH transfers?

Will the Homebank branch print checks?

Do Homebank checks expire?

Does Homebank require US citizenship to open account?

Can Homebank close my account?

Does Homebank Report to credit bureaus?

Does Homebank Use Equifax?

What is Homebank's ACH Routing Number?

What is Homebank's SWIFT code?


Does Homebank offer mortgages?

Compare mortgage rates here.

Does Homebank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Homebank offer personal loans?

Compare personal loan rates here.

Does Homebank offer student loans?

Will Homebank cash a check?

Will Homebank redeem a savings bond?

Does Homebank cash savings bonds?

Will Homebank cash money orders?

Can Homebank issue a money order?

Does Homebank do currency exchange?

Background on The Bank

Who owns Homebank?

How long has Homebank been around?

Can Homebank transfer to other banks?

Does Homebank have quick pay?

Does Homebank accept rolled coins?

Will Homebank accept loose change?

Where is Homebank headquarters?

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