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Home State Bank, Financial Information

About Home State Bank

 Address:
Third And Main
Royal, IA
Clay County, Iowa
 Established:
Apr 1915
 Number of domestic offices:
1
Agriculture bank
Total assets$48M
Net income$1M
Net income, quarterly$0M
Total deposits$33M
Domestic deposits$33M
Equity capital$14M
ROA1.62%
ROAQ, quarterly0.73%
ROA, pretax0.73%
ROAQ, quarterly, pretax0.73%
ROE5.18%
ROEQ, quarterly2.33%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

In December, 1914, a group of Royal residents met for the purpose of establishing the Home State Bank (the third bank in town). The bank was to be capitalized through the sale of 250 shares of stock at $100 per share.

Home State Bank moved into a new modern facility at 3rd & Main in April of 1972, and continues to operate today from that location. The bank became, for the first time in 1978, a nationally top-rated bank, and continues to enjoy that status yet today.

Home State Bank, after over 90 years, is the oldest continuously operating bank in Clay County. The bank has weathered many difficult times, but has always continued to serve its customers and the community with honesty, courtesy, and professionalism.

Home state bank
202 3rd Avenue, PO Box 79
Royal, Iowa 51357
Phone: 712-933-5511 - Toll Free: 877-474-5511
Fax: 712-933-2397

Lobby Hours:
Monday - Friday: 8:30 a.m. to 3:30 p.m.
Saturday: 9:00 a.m. to 11:00 a.m.

Drive-Up Hours:
Monday-Friday: 8:00 a.m. To 3:30 p.m.
Saturday: 9:00 a.m. To 11:00 a.m.

Historical Data