HomeBank

400 South Main Street
Palmyra, MO 63461

Notable Rates APY Vs.Others
Savings 0.25% 2.25% →
1-Year CD 0.75% 2.25% →
2-Year CD 1.26% 2.50% →
5-Year CD 1.51% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

HomeBank is an FDIC insured institution located in Palmyra, MO. It was founded in 1934 and has approximately $0.4 billion in assets. Customers can open an account at one of its 7 branches.

FDIC Insured Yes
FDIC Certificate # 14492
Date Established 1934
Assets $0.40 billion
Loans $0.33 billion
Deposits $0.31 billion
Capital $0.04 billion
 

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 - December 16, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.15% $2,500 $9,999 Learn MoreShow Less
Money Market
0.25% $10,000 $24,999 Learn MoreShow Less
Money Market
0.30% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.25% $2,500 - Learn MoreShow Less
6 Mo CD
0.50% $2,500 - Learn MoreShow Less
12 Mo CD
0.75% $2,500 - Learn MoreShow Less
18 Mo CD
1.00% $2,500 - Learn MoreShow Less
24 Mo CD
1.26% $2,500 - Learn MoreShow Less
30 Mo CD
1.31% $2,500 - Learn MoreShow Less
36 Mo CD
1.36% $2,500 - Learn MoreShow Less
48 Mo CD
1.46% $2,500 - Learn MoreShow Less
60 Mo CD
1.51% $2,500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.75% $2,500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
1.51% $50 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $500 $2,499 Learn MoreShow Less
Int Ckg
0.25% $2,500 - Learn MoreShow Less

Loan Rates - December 16, 2019

Your Current Location: Washington, WA 98109

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 - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More
AimLoan.com
NMLS ID: 2890
License#: 520-CL-25944
3.625% 3.625% -0.13 ($222) $1,141 Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 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.

Branches

HomeBank 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:
Seattle,Washington


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
7.36% 6.77%

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 June 30, 2019, HomeBank had $1,977,000 in non-current loans and $1,108,000 in owned real estate. To cover these potential losses it had $39,068,000 in equity and $2,832,000 in loans loss reserves. That gives it a Texas Ratio of 7.36%.

Return on Equity
HomeBank U.S. Bank Average
13.2% 9.50%

HomeBank has a Return on Equity of 13.2% versus the BestCashCow average of 9.50%. 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
HomeBank U.S. Bank Average
9.74% 12.76%

HomeBank has a Capitalization of 9.74% versus the BestCashCow average of 12.76. 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 June 30, 2019, HomeBank had assets of $400,971,000, loans of $329,492,000, and deposits of $312,614,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.03 billion
Federal funds sold and reverse repurchase $0.01 billion
Net loans and leases $0.33 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 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 $0.01 billion
     Total Assets $0.36 billion
LIABILITIES
Total deposits $0.31 billion
      Interest-bearing deposits $0.26 billion
      Deposits held in domestic offices $0.31 billion
      % insured (estimated) 91.43%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.04 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.36 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.01 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 HomeBank’s loan portfolio are Commercial and Industrial Loans, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in Missouri, HomeBank 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 14.64
Multifamily
Mortgages
1.01
Credit Card Loans 0.00
Consumer Auto Loans 0.99
Small Business Loans 11.67
Construction and Development Loans 4.12
Commercial Real Estate 18.59
Commercial and Industrial Loans 21.79
Farm Loans 11.44

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?

Yes

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?

Products

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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