Hometown Bank of Pennsylvania

Headquarters

638 East Pitt Street
Bedford, PA 15522
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 0.95% →
1-Year CD 0.60% 1.01% →
2-Year CD 0.90% 0.95% →
5-Year CD 1.26% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Hometown Bank of Pennsylvania is an FDIC insured institution located in Bedford, PA. It was founded in 2007 and has approximately $0.23 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 58470
Date Established 2007
Assets $ 225.59 million
Loans $ 168.82 million
Deposits $ 206.59 million
Capital $ 18.70 million
 

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

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.20% $2,500 $4,999 Learn More
Money Market
0.20% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
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
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
Special: 13 Mo CD
0.80% $1,000 - Learn More
18 Mo CD
0.80% $10,000 $14,999 Learn More
18 Mo CD
0.80% $100,000 $199,999 Learn More
24 Mo CD
0.90% $10,000 $14,999 Learn More
24 Mo CD
0.90% $100,000 $199,999 Learn More
Special: 25 Mo CD
1.00% $1,000 - Learn More
30 Mo CD
1.00% $10,000 $14,999 Learn More
30 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.11% $10,000 $14,999 Learn More
36 Mo CD
1.11% $100,000 $199,999 Learn More
48 Mo CD
1.16% $10,000 $14,999 Learn More
48 Mo CD
1.16% $100,000 $199,999 Learn More
60 Mo CD
1.26% $10,000 $14,999 Learn More
60 Mo CD
1.26% $100,000 $199,999 Learn More
Special: 61 Mo CD
1.36% $1,000 - Learn More

Fixed IRA Rates APY MIN MAX
Special: 13 Mo FIRA
0.80% $1,000 - Learn MoreShow Less
Special: 25 Mo FIRA
1.00% $1,000 - Learn MoreShow Less
Special: 61 Mo FIRA
1.36% $1,000 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Hometown Bank of Pennsylvania

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
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AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.669% 2.625% 0.63 $1,450 $1,005 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.539% 2.500% 0.50 $1,304 $988 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.500 %
Intro Period: 12 months
$25,000 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Hometown Bank of Pennsylvania
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Hometown Bank of Pennsylvania 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


Hometown Bank of Pennsylvania Locations


Financial Details

Hometown Bank of Pennsylvania Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Hometown Bank of Pennsylvania. 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
Hometown Bank of Pennsylvania U.S. Bank Average
2.29% 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, Hometown Bank of Pennsylvania had $466,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $18,702,000 in equity and $1,684,000 in loans loss reserves. That gives it a Texas Ratio of 2.29%.

Return on Equity
Hometown Bank of Pennsylvania U.S. Bank Average
5.4% 7.80%

Hometown Bank of Pennsylvania has a Return on Equity of 5.4% 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
Hometown Bank of Pennsylvania U.S. Bank Average
8.29% 12.68%

Hometown Bank of Pennsylvania has a Capitalization of 8.29% 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.

Hometown Bank of Pennsylvania Balance Sheet Analysis

As of March 31, 2020, Hometown Bank of Pennsylvania had assets of $225,588,000, loans of $168,815,000, and deposits of $206,593,000. 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 $ 37.00 million
Interest-bearing balances $ 31.42 million
Total securities $ 11.53 million
Federal funds sold and reverse repurchase $ 3.00 million
Net loans and leases $ 168.82 million
Loan loss allowance $ 1.68 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 $ 1.26 million
     Total Assets $ 206.89 million
LIABILITIES
Total deposits $ 206.59 million
      Interest-bearing deposits $ 165.94 million
      Deposits held in domestic offices $ 206.59 million
      % insured (estimated) 88.58%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.29 million
      Total Liabilities $ 206.89 million
      Shareholders’ Equity $ 18.70 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.17 million
Total Interest Expense $ 0.56 million
Net interest income $ 1.60 million
Provision for loan and lease losses $ 0.03 million
Total non interest income $ 0.17 million
Total non interest expense $ 1.44 million
Pre-tax Net Operating Income $ 0.30 million

Bank Loan Profile?

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

Compared to other banks in Pennsylvania, Hometown Bank of Pennsylvania has a significantly higher percent of Small Business 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 43.30
Multifamily
Mortgages
3.99
Credit Card Loans 0.00
Consumer Auto Loans 0.25
Small Business Loans 12.93
Construction and Development Loans 4.53
Commercial Real Estate 24.70
Commercial and Industrial Loans 15.17
Farm Loans 0.41

Frequently Asked Questions About Hometown Bank Of Pennsylvania

Branches and Savings

Is Hometown Bank Of Pennsylvania FDIC insured?

Yes. It is covered under FDIC Certificate #58470.

Why does Hometown Bank Of Pennsylvania pay such low interest on savings accounts?

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

Why are Hometown Bank Of Pennsylvania CD rates not competitive?

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

Is Hometown Bank Of Pennsylvania a commercial bank?

Yes

Where are Hometown Bank Of Pennsylvania locations?

See branch locations nearby.

Is Hometown Bank Of Pennsylvania open on Saturdays?

Is Hometown Bank Of Pennsylvania open on Sundays?

What time does Hometown Bank Of Pennsylvania open?

What time does Hometown Bank Of Pennsylvania close?

Are Hometown Bank Of Pennsylvania ATMs Open 24/7?

Do Hometown Bank Of Pennsylvania ATMs accept cash deposits?

Can Hometown Bank Of Pennsylvania customers use other ATMs?

Do Hometown Bank Of Pennsylvania branches have notaries?

Will Hometown Bank Of Pennsylvania notarize my document?

What address for Hometown Bank Of Pennsylvania should I put for incoming ACH transfers?

Will the Hometown Bank Of Pennsylvania branch print checks?

Do Hometown Bank Of Pennsylvania checks expire?

Does Hometown Bank Of Pennsylvania require US citizenship to open account?

Can Hometown Bank Of Pennsylvania close my account?

Does Hometown Bank Of Pennsylvania Report to credit bureaus?

Does Hometown Bank Of Pennsylvania Use Equifax?

What is Hometown Bank Of Pennsylvania's ACH Routing Number?

What is Hometown Bank Of Pennsylvania's SWIFT code?

Products

Does Hometown Bank Of Pennsylvania offer mortgages?

Compare mortgage rates here.

Does Hometown Bank Of Pennsylvania offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Hometown Bank Of Pennsylvania offer personal loans?

Compare personal loan rates here.

Does Hometown Bank Of Pennsylvania offer student loans?

Will Hometown Bank Of Pennsylvania cash a check?

Will Hometown Bank Of Pennsylvania redeem a savings bond?

Does Hometown Bank Of Pennsylvania cash savings bonds?

Will Hometown Bank Of Pennsylvania cash money orders?

Can Hometown Bank Of Pennsylvania issue a money order?

Does Hometown Bank Of Pennsylvania do currency exchange?

Background on The Bank

Who owns Hometown Bank Of Pennsylvania?

How long has Hometown Bank Of Pennsylvania been around?

Can Hometown Bank Of Pennsylvania transfer to other banks?

Does Hometown Bank Of Pennsylvania have quick pay?

Does Hometown Bank Of Pennsylvania accept rolled coins?

Will Hometown Bank Of Pennsylvania accept loose change?

Where is Hometown Bank Of Pennsylvania headquarters?

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