Home Loan Investment Bank, F.S.B.
Headquarters
1 Home Loan Plz
Warwick, RI 02886
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2024 Overview
General Bank Information
Home Loan Investment Bank, F.S.B. is an FDIC insured institution located in Warwick, RI. It was founded in 1979 and has approximately $0.42 billion in assets. Customers can open an account at one of its 3 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 27417 |
| Date Established | 1979 |
| Assets | $ 416.72 million |
| Loans | $ 358.94 million |
| Deposits | $ 341.64 million |
| Capital | $ 50.85 million |
For a more detailed analysis of Home Loan Investment Bank, F.S.B.'s financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - April 12, 2024
Your Current Location: Washington, WA 98848
Loan Rates - April 12, 2024
Your Current Location: Washington, WA 98848
There are currently no loan rates available for Home Loan Investment Bank, F.S.B.
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Washington 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Monthly Payment |
Learn More |
|---|---|---|---|---|
NMLS ID: 401822 |
6.680% |
6.500% 0.88 points $6,000 fees |
$2,023 | Learn More |
NMLS ID: 447490 |
6.705% |
6.625% 0.88 points $2,646 fees |
$2,049 | Learn More |
NMLS ID: 118653 License#: CL-118653 |
6.840% |
6.750% 0.88 points $2,976 fees |
$2,076 | Learn More |
NMLS ID: 5084 |
6.846% |
6.750% 1.00 points $3,171 fees |
$2,076 | Learn More |
Featured - Washington Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|
Note to Home Loan Investment Bank, F.S.B.
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Branches
Home Loan Investment Bank, F.S.B. 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:
Quincy,Washington
Climate Policy and Initiatives
Home Loan Investment Bank, F.S.B. is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.
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Financial Details
Home Loan Investment Bank, F.S.B. Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Home Loan Investment Bank, F.S.B.. 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
| Home Loan Investment Bank, F.S.B. | U.S. Bank Average |
|---|---|
| 7.56% | 3.96% |
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 December 31, 2024, Home Loan Investment Bank, F.S.B. had $4,332,000 in non-current loans and $79,000 in owned real estate. To cover these potential losses it had $50,847,000 in equity and $7,495,000 in loans loss reserves. That gives it a Texas Ratio of 7.56%.
Return on Equity
| Home Loan Investment Bank, F.S.B. | U.S. Bank Average |
|---|---|
| 13% | 12.20% |
Home Loan Investment Bank, F.S.B. has a Return on Equity of 13% versus the BestCashCow average of 12.20%. 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
| Home Loan Investment Bank, F.S.B. | U.S. Bank Average |
|---|---|
| 12.2% | 10.76% |
Home Loan Investment Bank, F.S.B. has a Capitalization of 12.2% versus the BestCashCow average of 10.76. 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.
Home Loan Investment Bank, F.S.B. Balance Sheet Analysis
As of December 31, 2023, Home Loan Investment Bank, F.S.B. had assets of $416,722,000, loans of $358,938,000, and deposits of $341,636,000. 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
December 31, 2024| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 28.71 million |
| Interest-bearing balances | $ 28.00 million |
| Total securities | $ 12.66 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 358.94 million |
| Loan loss allowance | $ 7.50 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 0.08 million |
| Goodwill and other intangibles | $ 4.67 million |
| All other assets | $ 5.08 million |
| Total Assets | $ 365.88 million |
| LIABILITIES | |
|---|---|
| Total deposits | $ 341.64 million |
| Interest-bearing deposits | $ 336.31 million |
| Deposits held in domestic offices | $ 341.64 million |
| % insured (estimated) | 90.05% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 8.00 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 3.83 million |
| Total Liabilities | $ 365.88 million |
| Shareholders’ Equity | $ 50.85 million |
Summary Income Statement
December 31, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 30.99 million |
| Total Interest Expense | $ 10.41 million |
| Net interest income | $ 20.58 million |
| Provision for loan and lease losses | $ 1.42 million |
| Total non interest income | $ 8.20 million |
| Total non interest expense | $ 20.96 million |
| Pre-tax Net Operating Income | $ 5.08 million |
Bank Loan Profile?
The top three loan types in Home Loan Investment Bank, F.S.B.’s loan portfolio are 1-4 Family Residential Loans, Small Business Loans, and Commercial Real Estate.
Compared to other banks in Rhode Island, Home Loan Investment Bank, F.S.B. has a significantly higher percent of Consumer Auto Loans, Small Business Loans, Farm 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 | 31.15 | ✓ | ||
| Multifamily Mortgages |
0.05 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 14.39 | ✓ | ||
| Small Business Loans | 31.03 | ✓ | ||
| Construction and Development Loans | 0.00 | ✓ | ||
| Commercial Real Estate | 25.86 | ✓ | ||
| Commercial and Industrial Loans | 0.00 | ✓ | ||
| Farm Loans | 0.10 | ✓ | ||
Customer Reviews for Home Loan Investment Bank, F.S.B.
opal@8
December 13, 2019 |
yes good
Is this review helpful? Yes:2 / No: 2
Rita Hughes
October 21, 2019
Don't have an experience but would like to have one.
Is this review helpful? Yes:3 / No: 1
Chuck
May 30, 2019 |
https://www.ripoffreport.com/report/home-loan-investment-bank-fsb/warwick-ri-rhode-isls-largest-1479077
Is this review helpful? Yes:5 / No: 0
Chuck
May 30, 2019 |
https://www.ripoffreport.com/report/home-loan-investment-bank-fsb/warwick-ri-rhode-isls-largest-1479077
Is this review helpful? Yes:3 / No: 1
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