HomeBank Texas

Headquarters

601 North Highway 175
Seagoville, TX 75159
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.95% →
1-Year CD 0.60% 1.01% →
2-Year CD 0.70% 0.95% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

HomeBank Texas is an FDIC insured institution located in Seagoville, TX. It was founded in 1952 and has approximately $0.22 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 17094
Date Established 1952
Assets $ 217.35 million
Loans $ 159.49 million
Deposits $ 193.76 million
Capital $ 23.02 million
 

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

Deposit Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.30% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.30% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.70% $10,000 $14,999 Learn More
24 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

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.60% $1 $999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.14% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 22, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for HomeBank Texas

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
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.569% 2.500% 0.88 $2,258 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

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

Branches

HomeBank Texas 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


HomeBank Texas Locations


Financial Details

HomeBank Texas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of HomeBank Texas. 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 Texas U.S. Bank Average
0.27% 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 Texas had $0 in non-current loans and $68,000 in owned real estate. To cover these potential losses it had $23,022,000 in equity and $2,579,000 in loans loss reserves. That gives it a Texas Ratio of 0.27%.

Return on Equity
HomeBank Texas U.S. Bank Average
17.02% 7.80%

HomeBank Texas has a Return on Equity of 17.02% 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.

Capitalization
HomeBank Texas U.S. Bank Average
10.59% 12.68%

HomeBank Texas has a Capitalization of 10.59% 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 Texas Balance Sheet Analysis

As of March 31, 2020, HomeBank Texas had assets of $217,349,000, loans of $159,490,000, and deposits of $193,755,000. 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
ASSETS
Cash & Balances due from depository institutions $ 24.73 million
Interest-bearing balances $ 19.80 million
Total securities $ 12.51 million
Federal funds sold and reverse repurchase $ 13.34 million
Net loans and leases $ 159.49 million
Loan loss allowance $ 2.58 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.07 million
Goodwill and other intangibles $ 0.70 million
All other assets $ 4.19 million
     Total Assets $ 194.33 million
LIABILITIES
Total deposits $ 193.76 million
      Interest-bearing deposits $ 114.73 million
      Deposits held in domestic offices $ 193.76 million
      % insured (estimated) 68.22%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.57 million
      Total Liabilities $ 194.33 million
      Shareholders’ Equity $ 23.02 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.53 million
Total Interest Expense $ 0.31 million
Net interest income $ 2.22 million
Provision for loan and lease losses $ 0.10 million
Total non interest income $ 0.18 million
Total non interest expense $ 1.33 million
Pre-tax Net Operating Income $ 0.97 million

Bank Loan Profile?

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

Compared to other banks, HomeBank Texas’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 37.78
Multifamily
Mortgages
2.82
Credit Card Loans 0.00
Consumer Auto Loans 0.36
Small Business Loans 0.00
Construction and Development Loans 13.70
Commercial Real Estate 26.88
Commercial and Industrial Loans 15.31
Farm Loans 0.00

Frequently Asked Questions About Homebank Texas

Branches and Savings

Is Homebank Texas FDIC insured?

Yes. It is covered under FDIC Certificate #17094.

Why does Homebank Texas pay such low interest on savings accounts?

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

Why are Homebank Texas CD rates not competitive?

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

Is Homebank Texas a commercial bank?

Yes

Where are Homebank Texas locations?

See branch locations nearby.

Is Homebank Texas open on Saturdays?

Is Homebank Texas open on Sundays?

What time does Homebank Texas open?

What time does Homebank Texas close?

Are Homebank Texas ATMs Open 24/7?

Do Homebank Texas ATMs accept cash deposits?

Can Homebank Texas customers use other ATMs?

Do Homebank Texas branches have notaries?

Will Homebank Texas notarize my document?

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

Will the Homebank Texas branch print checks?

Do Homebank Texas checks expire?

Does Homebank Texas require US citizenship to open account?

Can Homebank Texas close my account?

Does Homebank Texas Report to credit bureaus?

Does Homebank Texas Use Equifax?

What is Homebank Texas's ACH Routing Number?

What is Homebank Texas's SWIFT code?

Products

Does Homebank Texas offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Homebank Texas offer personal loans?

Compare personal loan rates here.

Does Homebank Texas offer student loans?

Will Homebank Texas cash a check?

Will Homebank Texas redeem a savings bond?

Does Homebank Texas cash savings bonds?

Will Homebank Texas cash money orders?

Can Homebank Texas issue a money order?

Does Homebank Texas do currency exchange?

Background on The Bank

Who owns Homebank Texas?

How long has Homebank Texas been around?

Can Homebank Texas transfer to other banks?

Does Homebank Texas have quick pay?

Does Homebank Texas accept rolled coins?

Will Homebank Texas accept loose change?

Where is Homebank Texas headquarters?

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