Home Federal Savings and Loan Association in Ashland, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Home Federal Savings and Loan Association in Ashland, Kentucky (KY)
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Home Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 29877
    Status: Active
    Federal Reserve ID: 1011076
    Date Established: January 01, 1889
    WWW: http://www.hfsl.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 4246
    FDIC's unique #: 42711
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: August 02, 1937
    Last Structure Change Effective Date: September 12, 2011
    Last Structure Change Process Date: September 28, 2011
    Last Data Update: September 28, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1500 Carter Ave, Ashland, KY 41101
    County: Boyd
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Huntington-Ashland, WV-KY-OH (#3400)
    Core Based Statistical Area (CBSA): Huntington-Ashland, WV-KY-OH (#26580)
    CBSA Metro Statistical Area: Huntington-Ashland, WV-KY-OH (#26580)
  • History of Changes
  • Corrections
    Change in Entity Type
  • Financial Summary
  • Total assets: $319.3 mil
    Equity capital: $43.8 mil
    Deposits held in domestic offices: $249.5 mil
    Return on assets (ROA): 0.63% ($2.0 mil)
    Quarterly return on assets: 0.75% ($2.4 mil)
    Return on Equity (ROE): 5.66% ($2.5 mil)
    Quarterly return on equity: 5.61% ($2.5 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.73% ($2,330.9 mil)
    Quarterly Pretax return on assets: 0.99% ($3,161.1 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
  • 59Total employees (full-time equivalent)
  • $319,298Total assets
  • $17,769Cash and due from depository institutions
  • $16,457Interest-bearing balances
  • $100,941Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $181,908Net loans & leases
  • $1,533Loan loss allowance
  • $0Trading account assets
  • $6,289Bank premises and fixed assets
  • $693Other real estate owned
  • $169Goodwill and other intangibles
  • $319,298Life insurance assets
  • $11,529All other assets
  • $275,518Total liabilities and capital
  • $249,497Total liabilities
  • $230,952Total deposits
  • $249,497Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $24,665Trading liabilities
  • $0Other borrowed funds
  • $1,356Subordinated debt
  • $43,780All other liabilities
  • $43,780Total equity capital
  • $43,780Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $15,998Surplus
  • $27,782Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,428Income earned, not collected on loans
  • $0Earning assets
  • $1,515Long-term assets (5+ years)
  • $299,306Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $305,519Volatile liabilities
  • $323,625Insider loans
  • $146,857FHLB advances
  • $318,253Loans and leases held for sale
  • $6,523Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $42,738Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,284Restructured Loans and leases
  • $453Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,121Total interest income
  • $4,256Total interest expense
  • $8,865Net interest income
  • $503Provision for loan and lease losses
  • $764Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $764Additional noninterest income
  • $6,941Total noninterest expense
  • $3,846Salaries and employee benefits
  • $1,427Premises and equipment expense
  • $1,668Additional noninterest expense
  • $2,185Pre-tax net operating income
  • $38Securities gains (losses)
  • $285Applicable income taxes
  • $1,938Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,938Net income attributable to bank
  • $0Net charge-offs
  • $1,938Cash dividends
  • $192Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 1.50%Cost of funding earning assets
  • 3.12%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 2.44%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.73%Pretax return on assets
  • 5.66%Return on equity (ROE)
  • 5.66%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 261.98%Credit loss provision to net charge-offs
  • 14.00%Efficiency ratio
  • 72,084Assets per employee
  • 5.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.84%Loss allowance to noncurrent loans
  • 63.14%Noncurrent assets plus other real estate owned to assets
  • 0.98%Noncurrent loans to loans
  • 1.32%Net loans and leases to deposits
  • 72.91%Net loans and leases to core deposits
  • 74.60%Equity capital to assets
  • 13.71%Core capital (leverage) ratio
  • 13.43%Tier 1 risk-based capital ratio
  • 29.10%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $305,519Average earning assets
  • $34,269Average equity
  • $284,122Average loans

List of branches

  • 6 Kentucky Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    042711Home Federal Savings And Loan Associ1500 Carter Ave, Ashland, KY 41101January 01, 1889Full Service Brick and Mortar
    1277553Flatwoods Branch1800 Argillite Road, Flatwoods, KY 41139January 01, 1889Full Service Brick and Mortar
    100277554South Shore Branch852 U.S. 23, South Shore, KY 41175January 01, 1889Full Service Brick and Mortar
    10144332Louisa Branch119 N Main Cross St, Louisa, KY 41230August 13, 1965Full Service Brick and Mortar
    102277555Summitt Branch6628 U.S. 60 West, Summitt, KY 41101November 01, 1993Full Service Brick and Mortar
    104518617Greenup Branch501 Us 23, Greenup, KY 41144October 10, 2008Full Service Brick and Mortar

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