Hometown Community Bank

Headquarters

6700 Hwy 53
Braselton, GA 30517
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 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 Community Bank is an FDIC insured institution located in Braselton, GA. It was founded in 2005 and has approximately $0.12 billion in assets.

FDIC Insured Yes
FDIC Certificate # 57928
Date Established 2005
Assets $ 124.56 million
Loans $ 59.20 million
Deposits $ 108.93 million
Capital N.A.
 

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

Deposit Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 19, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Hometown Community 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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 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.
See Table
4.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Hometown Community Bank
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Branches

Hometown Community 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


Hometown Community Bank Locations


Financial Details

Hometown Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Hometown Community 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
Hometown Community Bank U.S. Bank Average
-3602.77% 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 Community Bank had $12,896,000 in non-current loans and $13,152,000 in owned real estate. To cover these potential losses it had $-5,282,000 in equity and $4,559,000 in loans loss reserves. That gives it a Texas Ratio of -3602.77%.

Return on Equity
Hometown Community Bank U.S. Bank Average
-479.68% 7.80%

Hometown Community Bank has a Return on Equity of -479.68% 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 Community Bank U.S. Bank Average
-4.24% 12.68%

Hometown Community Bank has a Capitalization of -4.24% 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 Community Bank Balance Sheet Analysis

As of September 30, 2012, Hometown Community Bank had assets of $124,561,000, loans of $59,202,000, and deposits of $108,931,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 59.20 million
Loan loss allowance $ 4.56 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 13.15 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 108.93 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 124.56 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

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

Compared to other banks in Georgia, Hometown Community Bank has a significantly higher percent of Small Business Loans, Construction and Development 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 24.83
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.39
Small Business Loans 23.42
Construction and Development Loans 35.79
Commercial Real Estate 39.27
Commercial and Industrial Loans 4.49
Farm Loans 0.00

Frequently Asked Questions About Hometown Community Bank

Branches and Savings

Is Hometown Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57928.

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

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

Why are Hometown Community Bank CD rates not competitive?

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

Is Hometown Community Bank a commercial bank?

Yes

Where are Hometown Community Bank locations?

See branch locations nearby.

Is Hometown Community Bank open on Saturdays?

Is Hometown Community Bank open on Sundays?

What time does Hometown Community Bank open?

What time does Hometown Community Bank close?

Are Hometown Community Bank ATMs Open 24/7?

Do Hometown Community Bank ATMs accept cash deposits?

Can Hometown Community Bank customers use other ATMs?

Do Hometown Community Bank branches have notaries?

Will Hometown Community Bank notarize my document?

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

Will the Hometown Community Bank branch print checks?

Do Hometown Community Bank checks expire?

Does Hometown Community Bank require US citizenship to open account?

Can Hometown Community Bank close my account?

Does Hometown Community Bank Report to credit bureaus?

Does Hometown Community Bank Use Equifax?

What is Hometown Community Bank's ACH Routing Number?

What is Hometown Community Bank's SWIFT code?

Products

Does Hometown Community Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Hometown Community Bank offer personal loans?

Compare personal loan rates here.

Does Hometown Community Bank offer student loans?

Will Hometown Community Bank cash a check?

Will Hometown Community Bank redeem a savings bond?

Does Hometown Community Bank cash savings bonds?

Will Hometown Community Bank cash money orders?

Can Hometown Community Bank issue a money order?

Does Hometown Community Bank do currency exchange?

Background on The Bank

Who owns Hometown Community Bank?

How long has Hometown Community Bank been around?

Can Hometown Community Bank transfer to other banks?

Does Hometown Community Bank have quick pay?

Does Hometown Community Bank accept rolled coins?

Will Hometown Community Bank accept loose change?

Where is Hometown Community Bank headquarters?

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