|
|
 |
|
|
|
|
($ in thousands, except per
share data)
|
|
|
2012
|
|
|
2011 |
|
2010 |
|
2009 |
|
2008 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operations Data
|
Net interest income
|
|
$
|
3,262
|
|
$ |
3,259 |
$ |
2,961 |
$ |
2,682 |
$ |
2,708 |
|
|
Provision for loan losses
|
|
|
342
|
|
|
180 |
|
381 |
|
375 |
|
240 |
|
|
Total other income
|
|
|
638
|
|
|
715 |
|
854 |
|
769 |
|
773 |
|
|
Total other expense
|
|
|
2,887
|
|
|
3,008 |
|
2,784 |
|
3,007 |
|
2,831 |
|
|
Income before income tax
|
|
|
671
|
|
|
786 |
|
649 |
|
69 |
|
410 |
|
|
Income tax expense (benefit)
|
|
|
158
|
|
|
276 |
|
219 |
|
(80) |
|
54 |
|
|
Net income
|
|
|
513
|
|
$ |
510 |
$ |
430 |
$ |
149 |
$ |
356 |
|
Financial
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Condition Data
|
Total assets
|
|
$
|
76,014
|
|
$ |
74,832 |
$ |
72,232 |
$ |
69,851 |
$ |
71,152 |
|
|
Loans receivable, net
|
|
|
55,098
|
|
|
57,379 |
|
57,106 |
|
56,817 |
|
59,637 |
|
|
Cash and cash equivalents
|
|
|
6,764
|
|
|
4,942 |
|
4,681 |
|
5,270 |
|
4,797 |
|
|
Securities available for sale
|
|
|
7,477
|
|
|
6,140 |
|
3,704 |
|
1,391 |
|
1,017 |
|
|
Deposits
|
|
|
53,346
|
|
|
50,791 |
|
47,218 |
|
43,266 |
|
42,164 |
|
|
Borrowed funds
|
|
|
13,000
|
|
|
15,000 |
|
16,500 |
|
18,500 |
|
21,000 |
|
|
Stockholders' equity
|
|
|
8,798
|
|
|
8,341 |
|
8,001 |
|
7,695 |
|
7,682 |
|
|
Non-performing assets
|
|
|
2,133
|
|
|
1,707 |
|
3,259 |
|
3,368 |
|
2,674 |
|
|
Net loan chargeoffs
|
|
|
344
|
|
|
194 |
|
317 |
|
355 |
|
213 |
|
|
Allowance for loan losses
|
|
|
663
|
|
|
663 |
|
677 |
|
613 |
|
592 |
|
Selected
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Ratios
|
Tangible equity to total assets
|
|
|
11.57
|
|
% |
11.15 |
% |
11.08 |
% |
11.02 |
% |
10.80 |
|
|
Total risk-based capital
|
|
|
20.83
|
|
|
19.83 |
|
17.98 |
|
17.60 |
|
16.98 |
|
|
Net interest rate margin
|
|
|
4.52
|
|
|
4.64 |
|
4.44 |
|
4.01 |
|
4.02 |
|
|
Interest rate spread
|
|
|
4.31
|
|
|
4.39 |
|
4.15 |
|
3.65 |
|
3.60 |
|
|
Return on average assets
|
|
|
0.67
|
|
|
0.68 |
|
0.60 |
|
0.21 |
|
0.49 |
|
|
Return on average equity
|
|
|
5.95
|
|
|
6.24 |
|
5.48 |
|
1.92 |
|
4.68 |
|
|
Non-performing assets to total
assets
|
|
|
2.81
|
|
|
2.28 |
|
4.51 |
|
4.82 |
|
3.76 |
|
Per Common
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Share Data
|
Basic earnings
|
|
$
|
0.39
|
|
$ |
0.39 |
$ |
0.33 |
$ |
0.11 |
$ |
0.27 |
|
|
Diluted earnings
|
|
|
0.39
|
|
|
0.39 |
|
0.33 |
|
0.11 |
|
0.27 |
|
|
Tangible book value
|
|
|
6.58
|
|
|
6.20 |
|
5.92 |
|
5.69 |
|
5.66 |
|
|
Market value
|
|
|
4.06
|
|
|
3.45 |
|
2.81 |
|
3.46 |
|
3.50 |
|
|
Cash dividend declared
|
|
|
0.12
|
|
|
0.12 |
|
0.12 |
|
0.12 |
|
0.12 |
|
|
Home Financial Bancorp was organized in 1996 and is the
holding company for Our Community Bank, a federally
chartered, FDIC insured thrift institution originally
organized in 1911. Headquartered in Spencer, Indiana, the
Bank was organized under the name Owen County Savings and
Loan Association and is the oldest continuously operating
financial institution headquartered in Owen County,
Indiana.
Operating from its main office in Spencer and its branch
office in Cloverdale, the Bank?s principal business
consists of attracting deposits from consumers and
businesses in its market area and originating consumer,
residential, multi-family and commercial real estate
loans, as well as other non-residential loans.
The Bank is a portfolio lender that historically has
concentrated its lending activities on the origination of
loans secured by first mortgage liens for the purchase,
construction or refinancing of one-to-four family
residential property. Deposits are attracted, principally
from within Owen and Putnam Counties, through the offering
of a broad selection of deposit instruments including
fixed-rate certificates of deposit, NOW and other
transaction accounts, and savings accounts.
Our Community Bank will continue its commitment to
meeting the financial service needs of the communities it
serves in a friendly, professional manner, while improving
shareholder value. We will foster the growth and
development of our communities, as well as our employees.
We strive to earn a superior return while maintaining an
uncompromising commitment to the principles of honesty and
integrity. These commitments to our shareholders,
customers and employees will enable the Company to
maintain a level of profitability necessary to remain
independent for the benefit of the communities we serve.
|
|
|
