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BankHealth

HOMETOWN BANK

KENT, OHIO · FDIC Cert #30219

C
Health Score
61/100
$254M
Total Assets
$217M
Total Deposits
10.08%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, HOMETOWN BANK holds a Tier 1 capital ratio of 10.08%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning HOMETOWN BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.47%
Nonperforming Loans
Low — healthy loan portfolio
17.35%
Liquidity Ratio
Adequate liquidity
-0.47%
Return on Assets
Negative — losing money
$217M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

HOMETOWN BANK shows average financial health. While not alarming, its Health Score of 61/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

HOMETOWN BANK has a Bank Health Score of C (61/100). It holds a Tier 1 capital ratio of 10.08%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

HOMETOWN BANK holds $254M in total assets and $217M in total deposits. It is located in KENT, OHIO (FDIC Certificate #30219).

HOMETOWN BANK has a Tier 1 capital ratio of 10.08%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.47%, and the return on assets is -0.47%.

Yes. HOMETOWN BANK is FDIC-insured (Certificate #30219). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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