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Home Bank Takes Second-Quarter Lick

1 min read

Portland’s Home Bank of Arkansas posted a $640,000 loss for the quarter ending June 30.

The major contributor was a $1 million lick associated with disposing of real estate that secured bad loans.

As of April 8, the $72.8 million-asset lender has operated under a consent order with the Federal Deposit Insurance Corp. related to unsafe or unsound banking practices.


Home Bank of Arkansas, Portland
Total Assets: $ 72.8 million
Net Income: -$709,000
Staff: 29
(As of June 30, 2019)
Full-Service Locations: Portland, Greenbrier, Marshall, Damascus and Little Rock

  Total Assets Net Income Efficiency Ratio
2018 $70,727 $92 95.88%
2017 $75,532 -$29 89.00%
2016 $74,808 $386 82.32%
2015 $74,689 $468 76.32%
2014 $73,524 $227 86.64%
2013 $67,161 $196 88.12%
2012 $69,014 -$48 87.03%
2011 $69,430 $86 83.12%
2010 $80,298 $10 80.36%
Source: Federal Deposit Insurance Corp. Dollars in thousands except where noted.
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