Statement of Condition

ASSETS (IN THOUSANDS)
Loans, Net - $181,540
Cash on Hand and in Bank - $23,429
U.S. Government and Other Securities - $94,456
Office Properties and Equipment - $6,077
Real Estate Owned and Repossessions - $1034
Federal Home Loan Bank Stock - $1,953
Other Assets - $10,478
TOTAL ASSETS - $318,967

 

LIABILITIES AND EQUITY
Deposits - $248,900
Other Liabilities - $24,154
Total Liabilities $273,054

 

EQUITY
Retained Earnings - $44,197
Accumulated Comprehensive Income - $1,716
Total Equity - $45,913

 

Total Liabilities and Equity- $345,785

 

This statement has been prepared in accordance with the regulatory requirements of the Office of the Comptroller of the Currency (OCC). Home Federal S&L meets all capital requirements as follows: Tier 1 Leverage Capital was $44,175 which equates to a 13.90% ratio and Risk-Based Capital was $46,127 which equates to a 29.69% ratio. Regulatory capital is a basis by which the OCC determines whether a savings association is operating in a safe and sound manner.