Homestead Savings Bank
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Data as of · sourced from FFIEC call reports. How we update
Homestead Savings Bank is an FDIC-insured savings institution headquartered in Albion, MI, established in 1889 (FDIC certificate 28667), and it is supervised by the OCC. At Q2 2026 it reported total assets of $71.6M, up 0.2% from Q2 2025, the 69th largest of 72 banks headquartered in Michigan. Its CET1 capital ratio was 18.22% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 28667
- Headquarters
- Albion, MI
- Established
- 1889
- Total assets, Q2 2026
- $71.6M
- Assets vs Q2 2025
- +0.2%
- CET1 ratio, Q2 2026
- 18.22%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 272471072
- Latest call report
- Q2 2026, FFIEC 051 · Homestead Savings Bank call report
- Asset rank in state
- 69th of 72 in Michigan
Homestead Savings Bank, based in Albion, Michigan, reported $72 million in assets at June 30, 2026. It pays an average of 0.41% on its deposits and borrowings, a small fraction of the median of 1.53% for the 583 banks with less than $100 million in assets. On the other hand, it holds commercial real estate loans worth 1.5 times its capital, 5.9 times the median of 26% for banks its size.
Its $9.2 million non-owner-occupied commercial real estate book is now fully current, after 10.96% of it was past due or on nonaccrual a year earlier. Problem loans roughly halved over the year: loans on nonaccrual or 90 or more days past due, net of government guarantees are down to 0.24% of loans from 0.55%. Where it has less room is capital: it funds 9.42% of its assets with Tier 1 capital, lower than about three-quarters of banks its size (median 13.06%).
As of June 30, 2026, Homestead Savings Bank reported a CET1 capital ratio of 18.22%, a return on assets of 0.73%, a nonperforming-loan ratio of 0.24% and a Texas ratio of 1.66%. The figures come from its call report filed with the FFIEC.
Homestead Savings Bank ranks as the 69th largest of the 72 banks based in Michigan, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets fell 2.3% to $71.6M, loans fell 1.6% and deposits fell 2.9%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 54.0% of total loans, ahead of non-owner-occupied commercial real estate loans at 18.2%. The FDIC Summary of Deposits lists 3 offices for it, in Albion, MI, Springport, MI and Leslie, MI; its Albion office books 77% of its branch deposits. Judged on its Q2 2026 call report, Homestead Savings Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 415 S Superior St, Albion, MI 49224
- County
- Calhoun
- Metro Area
- Battle Creek, MI
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1889
- Former names
- Homestead Savings Bank, F.S.B. (1991-1999); Homestead Savings and Loan Association, A Federal Association (1985-1991)
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 23
- Domestic deposits
- $64.6M
- Allowance for credit losses
- $623K
- Net charge-offs (YTD)
- -$1K
- Average total assets
- $73.8M
- Average total loans
- $50.8M
- Average interest-bearing deposits
- $35.3M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 28667
- Fed RSSD
- 132778
- Website
- www.hsbank.bank →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Homestead Savings Bank's total assets ranged from $70.8M (Q4 2024) to $76.1M (Q1 2024), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$71.6M total assets against $71.5M; $65.0M total liabilities against $65.5M.
$49.8M net loans and leases against $52.8M; $64.6M total deposits against $65.2M.
$3.7M securities against $4.2M; $13.2M cash and balances due against $9.8M.
$826K total interest income against $881K; $67K total interest expense against $83K.
$759K net interest income against $798K.
$178K total noninterest income against $130K; $740K total noninterest expense against $752K.
$27K provision for credit losses against $5K.
$135K net income against $130K.
0.73% return on assets against 0.68%; 4.54% net interest margin against 4.69%.
18.22% CET1 capital ratio against 16.42%; 9.42% tier 1 leverage ratio against 8.39%.
Inside the full Homestead Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeHomestead Savings Bank rankings
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.24% (Q3 2024) to 0.88% (Q4 2025) and its net interest margin ran from 4.14% (Q3 2024) to 4.78% (Q1 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 18.22% | 0.73% | 0.24% | 1.66% | 4.54% |
| Q1 2026 | 17.59% | 0.72% | 0.09% | 0.67% | 4.78% |
| Q4 2025 | 17.22% | 0.88% | 0.32% | 2.43% | 4.67% |
| Q3 2025 | 16.97% | 0.51% | 0.59% | 4.60% | 4.44% |
| Q2 2025 | 16.42% | 0.68% | 0.55% | 4.44% | 4.69% |
| Q1 2025 | 16.19% | 0.36% | 0.40% | 3.27% | 4.27% |
| Q4 2024 | 15.97% | 0.68% | 0.80% | 6.74% | 4.31% |
| Q3 2024 | 15.68% | 0.24% | 0.96% | 8.30% | 4.14% |
Swipe the table sideways to see every column.
Branch Network
View all 3 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Homestead Savings Bank (main office) | Albion , MI | 49224 | $49.5M |
| Springport Branch | Springport , MI | 49284 | $7.6M |
| Leslie Branch | Leslie , MI | 49251 | $7.5M |
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 1 against the institution (OCC)
- September 17, 2014, OCC: Formal Agreement: Homestead Savings Bank
- Period: Most recent institution action September 17, 2014. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in MI, rank 91 of 95 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $1.0M approved, $1.0M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2021 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Homestead Savings Bank
What are Homestead Savings Bank's total assets?
As of the Q2 2026 filing, Homestead Savings Bank reported total assets of $71.6 million in its FFIEC call report.
Where is Homestead Savings Bank headquartered?
It is headquartered in Albion, MI, United States.
When was Homestead Savings Bank founded?
It was established in 1889, per the FDIC institution directory.
Is Homestead Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #28667). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Homestead Savings Bank?
Homestead Savings Bank's primary federal regulator is the OCC.
What is Homestead Savings Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 18.22% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Homestead Savings Bank operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Homestead Savings Bank's Texas Ratio?
Its Texas Ratio is 1.66% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Homestead Savings Bank previously called?
The charter now named Homestead Savings Bank has also operated as Homestead Savings Bank, F.S.B. (1991-1999), Homestead Savings and Loan Association, A Federal Association (1985-1991), per FDIC structure-change records.
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