# HOMESTEAD SAVINGS BANK
ALBION, MI · FDIC certificate 28667 · asset band <$300M · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $71.6M | |
| Deposits | $64.6M | |
| Loans and leases | $50.4M | |
| Total equity | $6.6M | |
| Loans / deposits | 77.12% (p57 of band) | 73.59% |
| Liquid assets / assets | 23.62% (p29 of band) | |
| Uninsured deposits / deposits | 12.05% (p21 of band) | 19.81% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p23 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.42% (p16 of band) | 11.76% |
| Unrealized securities loss / equity | -6.88% (p49 of band) | -6.57% |
| AOCI / equity | -0.08% (p65 of band) | |
| ROA (annualized) | 0.75% (p28 of band) | 1.17% |
| Net interest margin | 4.81% (p86 of band) | 3.93% |
| Efficiency ratio | 78.83% (p77 of band) | |
| Noncurrent loans | 0.24% (p44 of band) | 0.36% |
| Net charge-offs (annualized) | 0.00% (p17 of band) | |
| Reserve coverage of noncurrent | 519.17% | |
| Real estate % of loans | 92% | |
| Construction % of loans | 12.35% (p42 of band) | |
| Auto loans | $870,000 (1.73% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -0.9% | |
| Employees | 23 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 2 | losing money, reserve under noncurrent |  |
| 2011-06 | 5 | leverage <7%, expense ratio p90, charge-offs p90 |  |
| 2011-09 | 5 |  |  |
| 2011-12 | 3 |  | expense ratio p90, charge-offs p90 |
| 2012-03 | 2 |  | losing money |
| 2012-06 | 1 |  | leverage <7% |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 4 | leverage <7%, losing money, charge-offs p90 |  |
| 2013-06 | 3 |  | leverage <7% |
| 2013-09 | 4 | leverage <7% |  |
| 2013-12 | 3 |  | leverage <7% |
| 2014-03 | 5 | leverage <7%, expense ratio p90 |  |
| 2014-06 | 5 | noncurrent p90 | charge-offs p90 |
| 2014-09 | 6 | deposits shrinking, uninsured deposits leaving | expense ratio p90 |
| 2014-12 | 7 | expense ratio p90, charge-offs p90 | noncurrent p90 |
| 2015-03 | 6 | capital falling | expense ratio p90, charge-offs p90 |
| 2015-06 | 4 | expense ratio p90 | deposits shrinking, uninsured deposits leaving, capital falling |
| 2015-09 | 5 | noncurrent p90 |  |
| 2015-12 | 5 |  |  |
| 2016-03 | 6 | charge-offs p90, assets shrinking | noncurrent p90 |
| 2016-06 | 7 | capital falling, noncurrent p90 | assets shrinking |
| 2016-09 | 6 |  | charge-offs p90 |
| 2016-12 | 5 |  | capital falling |
| 2017-03 | 4 |  | losing money |
| 2017-06 | 3 |  | noncurrent p90 |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 5 | capital falling, assets shrinking |  |
| 2018-06 | 5 | deposits shrinking | capital falling |
| 2018-09 | 3 |  | assets shrinking, deposits shrinking |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 | charge-offs p90 | expense ratio p90 |
| 2019-06 | 3 | expense ratio p90 | charge-offs p90 |
| 2019-09 | 4 | uninsured deposits leaving |  |
| 2019-12 | 3 |  | leverage <7% |
| 2020-03 | 3 | losing money | uninsured deposits leaving |
| 2020-06 | 3 | leverage <7%, capital falling | expense ratio p90, losing money |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | charge-offs p90 |  |
| 2021-06 | 3 | expense ratio p90 | capital falling, charge-offs p90 |
| 2021-09 | 3 |  |  |
| 2021-12 | 4 | capital falling |  |
| 2022-03 | 3 |  | expense ratio p90 |
| 2022-06 | 1 |  | reserve under noncurrent, capital falling |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | deposits shrinking, assets shrinking | leverage <7% |
| 2023-03 | 1 | reserve under noncurrent | deposits shrinking, assets shrinking |
| 2023-06 | 4 | deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2023-09 | 3 |  | reserve under noncurrent |
| 2023-12 | 3 |  |  |
| 2024-03 | 0 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 1 | deposits shrinking |  |
| 2025-06 | 0 |  | deposits shrinking |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | uninsured deposits leaving |  |
| 2026-03 | 0 |  | uninsured deposits leaving |
| 2026-06 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2025-09-13 [Winter coat drive: Where to donate in Battle Creek and beyond - Battle Creek Enquirer](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQN3g0MzVtS3JWNkxOTlVKRmRCcnprQ2pRSDg2bEJDLTc4OVgyb3YyUkFiWTZubzBjVHFVZkI1WGRFT2I5bmlhX0lwRnBzYUNHNDBOcmpEUThDX0F0TnVaUnJ3eV84MmJZWU9peG5pVDVTLTd5V2FFT1VmLXpjZDZ1QzZSNl9XaVpqN3EtR190bVR0N0ZVYnBzNXlIMzhpQXUxTkIwalVHUUZwYUJjUVBkZV9HTlZfZE40b194TWJ3TFRLa1dpa3NZdkEwazk0VWI2dk1pZXgySWkzNFk?oc=5) · Battle Creek Enquirer
- 2025-07-14 [Clothing donations are being collected through July for free back-to-school mobile store - wwmt.com](https://news.google.com/rss/articles/CBMigwJBVV95cUxOSm1XWE9ENjJmbVBxaWt4SWNkbmJLRUVCaTZYQ0hhbDZ2YVRrTjdDVDF5dXBGMVp0eTJpTVEzR2txbmUwQlhqVll3TjVBZlV5elhSOEtZSTdXLW1OVy1TXzN5X3hrQ2RIVHVhOTBkSDBoQW5TVFQ5WE1HUkJMaUxhVEprVEluZ2NRT2hZRDZ2RjZSaFlFeUkyc2Z6MEtqUU9wdXk2YlJTMU9NbW9aamEyWXpQOG5tMVR6bHNPV2hOaFkyaWhLcDN6Z00zMjhOUE5sbUdKemczY3ZDOUhlT194M2NIN2E5cnJMNmFVVmIzd0tXNUF2QVVNY2ExdkQ2MXZndGFF?oc=5) · wwmt.com
- 2005-03-20 [Thomas Adair Obituary (2005) - Ann Arbor, MI - Ann Arbor News - MLive.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxPMFU0MkwxOUw3QTE3QXRDRjdOUG5vNEtBOEtYTTV5S19GckdJM1ZUNm9YN0FmY193NVRFVEZaaG9BVk9wdUNQU2xScHZpazhucHpUSFNtMTUwbG9pOGlobEQ3TzIzVG5IekpSeHlSMHpIWEJ1LUw5anYzSERCbkhCdGJzSG9yY2ZySko1a0ZR?oc=5) · MLive.com
- 2014-07-02 [People in Business, July 4, 2014 - New Orleans CityBusiness](https://news.google.com/rss/articles/CBMiigFBVV95cUxQVE1CVWx4N3pNUVk2ek9GNW54eDNjR3BBcHI0ZVAwUm5LY0JBR0psSmhSRDY1bTV1UU5jNmZxY18tdVRIUl9XVHZ1MmI0Q2lJS2VHVWFzem10bTBOc3dzWmJiY0J4ZHNmTl9LSDhFVEpVN0VranZ6Zk9ENHRjNmx2UUVXWjhmQTM2N0E?oc=5) · New Orleans CityBusiness
- 2009-08-08 [Diane Cook Obituary (2009) - Marshall, MI - Battle Creek Enquirer - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxNa1poTzdtd09OSGl5TTBTdGpER2MzUFJuNHJDNlVxLXpabG1DOWdnbUxra3Y4a2t2anFYY3d3Z1lkQnZCb1plNG1lMk5OMGEtM0ptSU5mNGRacDNlS01lU1c0Z01laWNnZnlSMHlybHA0NXpjVzJkMHB5SjBmRjBHcXZMdmZGaXBCT2wxamdB?oc=5) · legacy.com
- 2025-09-12 [Charitable Union kicks off annual Winter Coat Drive to warm Calhoun County residents - wwmt.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNVDlsQkthSUc2cnhNOXo2VHVhbkllaUZsT0otNzdlMWxBNlBOQS1TVGlxeUVteXlYVS1jV2o5MkRyVlM4YU9NMmJYbGE4aFZOSklCdjZXTk9SVllpZ04zbHpRR013RkVyOWQ1S0FicTNiNmZvaVZsTG1xQUNMSk9hb1k2eWpQVVkwQVhQdjBGb08xdWlfRVJhQnNHSUdaWEdEeFZXNkhzOGtMWTFoeDBwRTg5ZmtMUmFiSjdhSGlmeEdoVERmLWlPeTYtR1hXdlBZcXVwbC10ZlZHLUk?oc=5) · wwmt.com
- 2025-03-03 [Marshall's historic Dreamers Furniture transformed into Venue 19 Zero 9 - Battle Creek Enquirer](https://news.google.com/rss/articles/CBMixwFBVV95cUxNVmpZV2pJNUxabEdDbnVtRjQ0TkFPR1J4VmZYbnZpUi1NNjFGNHNLb3RDcGJhZ2thSXdCeGRVVm9ZTUdjS1Zfb0Vud0dyY1p2UUMzNmFzdnNIOGY3RnJIckVUUzJjblZqS0ZTb3lCS0tRUXozYTFDNVFvMW1ZQ1NlWkF3OENRM0c3R3hRaVVoaW40cHR3X3JNYWVoNTYzZXFteWVrQkg1OWV4VHhoVUFVR1haMldqMXFoOVo3Q2dwRHQ0V1M1UUhv?oc=5) · Battle Creek Enquirer

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28667 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/59.json (key "28667", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide