Homestead Savings Bank
Albion, MI
IDRSSD: 132778
Total Assets
$71.35M
Latest filing
Total Deposits
$64.92M
Latest filing
Net Interest Margin
4.52%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Homestead Savings Bank
415 S Superior St
Albion, MI 49224
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1889FDIC Certificate 41501
Branches (2)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Homestead Savings Bank (Main) | 415 S Superior St | Albion, MI |
| LESLIE BRANCH | 4625 Hull Rd | Leslie, MI |
| SPRINGPORT BRANCH | 157 E Main St | Springport, MI |
Showing 2 of 2
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Federal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS |
| Primary Regulator | OCC |
| Established Date | 01/01/1889 |
| Community Bank | Yes |
| Ownership Type | Mutual |
| ZIP | 49224 |
| State and County Number | 26025 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 07 |
| Numeric code | 34 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Chicago |
| Core Based Statistical Area Name | Battle Creek, MI |
Operational Info
| Number of Employees | 23 |
| Domestic Offices | 3 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/09/2022 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | hsbank.bank |
| Data Updated | 11/14/2025 |
| CERT | 28667 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $71.35M |
| Total Deposits | $64.92M |
| Total Liabilities | $65.21M |
| Total Equity Capital | $6.14M |
| Net Income | $95.00k |
| Net Loans and Leases | $51.45M |
| Assets Per Employee ($Millions) | $2.97M |
| Bank Premises and Fixed Assets | $1.77M |
| Cash and Balances due from Depository Institutions | $11.23M |
| Deposits Held in Domestic Offices | $64.92M |
Key Performance Ratios
| Return on Assets (ROA) | 0.53% |
| Return on Equity (ROE) | 6.26% |
| Net Interest Margin | 4.52% |
| Efficiency Ratio | 85.03% |
| Tier 1 Risk-Based Capital Ratio | 16.972% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.04% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.6% |
| Earning Assets to total Assets | 90.47% |
Income and Expense
| Total Interest Income | $811.00k |
| Total Noninterest Income | $140.00k |
| Total Interest Expense | $76.00k |
| Total Noninterest Expense | $744.00k |
| Net Interest Income | $735.00k |
| Pre-tax Net Operating Income | $124.00k |
| Provision for Credit Losses | $7.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $296.00k |
| Total Liabilities and Capital | $71.35M |
Securities
| Securities | $4.02M |
| Available-for-sale debt securities | $3.51M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $509.00k |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Homestead Savings Bank?
$71.35M as of the latest filing.
How much are Homestead Savings Bank's total deposits?
$64.92M in total deposits.
Where is Homestead Savings Bank located?
Albion, MI.
What is the Net Interest Margin?
4.52%.
How many domestic offices does it operate?
3.
When was it established?
01/01/1889.
What is the Return on Assets (ROA)?
0.53%.
How much are total loans and leases?
$51.45M (latest filing).
What is the total interest income (latest filing)?
$811.00k.