Statement of Condition

as of September 30, 2011

 

ASSETS (IN THOUSANDS)
Loans, Net - $184,709
Cash on Hand and in Bank - $48,440
U.S. Government and Other Securities - $76,745
Office Properties and Equipment - $6,322
Real Estate Owned and Repossessions - $86
Federal Home Loan Bank Stock - $1,906
Other Assets - $25,577
TOTAL ASSETS - $345,785

 

LIABILITIES AND EQUITY
Deposits - $273,230
Other Liabilities - $29,426
Total Liabilities $302,656

 

EQUITY
Retained Earnings - $42,089
Accumulated Comprehensive Income - $1,040
Total Equity - $43,129

 

Total Liabilities and Equity- $345,785

 

This statement has been prepared in accordance with the regulatory requirements of the Office of Thrift Supervision (OTS). Home Federal S&L meets all capital requirements as follows: Tier 1 Leverage Capital was $42,090 exceeding the required 4% of assets: Risk-Based Capital was $43,748 exceeding the required 8% risk-adjusted assets. Regulatory capital is a basis by which the OTS determines whether a savings association is operating in a safe and sound manner.