Home Federal Savings Bank in Rochester, Minnesota (MN), IA
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Home Federal Savings Bank in Rochester, Minnesota (MN), IA
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Home Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29042
    Status: Active
    Federal Reserve ID: 796572
    Date Established: July 01, 1934
    WWW: http://www.justcallhome.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 14 (Domestic: 14, Interstate: Yes)
    OTS Docket #: 2818
    FDIC's unique #: 41876
    Numeric code: 37
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: October 11, 1934
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1016 Civic Center Drive, Rochester, MN 55901
    County: Olmsted
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Kansas City
    FDIC Field Office: Minneapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Rochester, MN (#6820)
    Core Based Statistical Area (CBSA): Rochester, MN (#40340)
    CBSA Metro Statistical Area: Rochester, MN (#40340)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $790.1 mil
    Equity capital: $57.5 mil
    Deposits held in domestic offices: $657.4 mil
    Return on assets (ROA): -1.26% (-$10.0 mil)
    Quarterly return on assets: -3.66% (-$28.9 mil)
    Return on Equity (ROE): -16.11% (-$9.2 mil)
    Quarterly return on equity: -48.01% (-$27.4 mil)
    Net income: -$10.5 mil
    Quarterly Net income: -$7.4 mil
    Pretax return on assets: -1.26% (-$9,955.7 mil)
    Quarterly Pretax return on assets: -3.66% (-$28,919.0 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 205Total employees (full-time equivalent)
  • $790,137Total assets
  • $67,865Cash and due from depository institutions
  • $64,293Interest-bearing balances
  • $126,113Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $560,386Net loans & leases
  • $23,887Loan loss allowance
  • $0Trading account assets
  • $8,384Bank premises and fixed assets
  • $16,616Other real estate owned
  • $1,485Goodwill and other intangibles
  • $790,137Life insurance assets
  • $9,288All other assets
  • $732,683Total liabilities and capital
  • $657,371Total liabilities
  • $525,933Total deposits
  • $657,371Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $71,400Trading liabilities
  • $0Other borrowed funds
  • $3,912Subordinated debt
  • $57,454All other liabilities
  • $57,454Total equity capital
  • $57,454Total bank equity capital
  • $0Perpetual preferred stock
  • $10Common stock
  • $55,602Surplus
  • $1,842Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $33,994Income earned, not collected on loans
  • $612Earning assets
  • $2,410Long-term assets (5+ years)
  • $750,792Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $835,052Volatile liabilities
  • $804,237Insider loans
  • $586,033FHLB advances
  • $788,997Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $56,314Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $89,578Restructured Loans and leases
  • $4,050Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $39,739Total interest income
  • $11,140Total interest expense
  • $28,599Net interest income
  • $17,278Provision for loan and lease losses
  • -$1,981Total noninterest income
  • $0Fiduciary activities
  • $1,988Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$3,969Additional noninterest income
  • $19,851Total noninterest expense
  • $13,290Salaries and employee benefits
  • $5,059Premises and equipment expense
  • $1,502Additional noninterest expense
  • -$10,511Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$10,511Income before extraordinary items
  • $0Extraordinary gains - net
  • -$10,511Net income attributable to bank
  • $0Net charge-offs
  • -$10,511Cash dividends
  • $11,229Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.10%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 3.67%Net interest margin
  • -0.25%Noninterest income to earning assets
  • 2.55%Noninterest expense to earning assets
  • -1.26%Net operating income to assets
  • -1.26%Return on assets (ROA)
  • -1.26%Pretax return on assets
  • -16.11%Return on equity (ROE)
  • -16.11%Retained earnings to average equity (YTD only)
  • 1.78%Net charge-offs to loans
  • 153.87%Credit loss provision to net charge-offs
  • 0.60%Efficiency ratio
  • 74,577Assets per employee
  • 3.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.09%Loss allowance to noncurrent loans
  • 70.27%Noncurrent assets plus other real estate owned to assets
  • 6.41%Noncurrent loans to loans
  • 5.82%Net loans and leases to deposits
  • 85.25%Net loans and leases to core deposits
  • 97.88%Equity capital to assets
  • 7.27%Core capital (leverage) ratio
  • 7.14%Tier 1 risk-based capital ratio
  • 9.61%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $835,052Average earning assets
  • $65,248Average equity
  • $779,336Average loans

List of branches

  • 2 Iowa Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    104409259 Marshalltown Branch303 West Main Street, Marshalltown, IA 50158January 01, 1908Full Service Brick and Mortar
    10846420910 Toledo Branch1301 South County Road, Toledo, IA 52342June 22, 2007Full Service Brick and Mortar
  • 12 Minnesota Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    041876Home Federal Savings Bank1016 Civic Center Drive, Rochester, MN 55901July 01, 1934Full Service Brick and Mortar
    12725332 Austin Branch201 Oakland Avenue West, Austin, MN 55912July 01, 1934Full Service Brick and Mortar
    42725365 La Crescent Branch208 South Walnut Street, La Crescent, MN 55947July 01, 1934Full Service Brick and Mortar
    102410877 Albert Lea Branch143 West Clark Street, Albert Lea, MN 56007January 01, 1887Full Service Brick and Mortar
    1072725391 Spring Valley Branch715 North Broadway, Spring Valley, MN 55975Febuary 23, 1998Full Service Brick and Mortar
    10946421015 Edina Branch5201 Eden Avenue, Suite 170, Edina, MN 55436June 22, 2007Full Service Brick and Mortar
    11046421117 Rochester - 1st Ave Branch100 1st Avenue Sw Ste 200, Rochester, MN 55902June 22, 2007Full Service Brick and Mortar
    1114642123 Rochester - S Broadway Branch1201 South Broadway, Rochester, MN 55901June 22, 2007Full Service Brick and Mortar
    11246421313 Rochester - 55th Street Branch3900 55th Street Nw, Rochester, MN 55901June 22, 2007Full Service Brick and Mortar
    1144642154 Winona Branch175 Center Street, Winona, MN 55987June 22, 2007Full Service Brick and Mortar
    11549197519 Eagan Branch2805 Dodd Road Ste 160, Eagan, MN 55121August 07, 2007Full Service Brick and Mortar
    11649513820 Rochester - Superior Dr Branch2048 Superior Drive, Nw Ste 400, Rochester, MN 55901August 05, 2008Full Service Brick and Mortar

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