Last $6.20 USD
Change Today 0.00 / 0.00%
Volume 400.0
HMTA On Other Exchanges
Symbol
Exchange
OTC US
As of 12:15 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

hometown bankshares corp (HMTA) Snapshot

Open
$6.20
Previous Close
$6.20
Day High
$6.20
Day Low
$6.20
52 Week High
12/23/13 - $6.70
52 Week Low
07/24/13 - $6.00
Market Cap
20.4M
Average Volume 10 Days
61.0
EPS TTM
--
Shares Outstanding
3.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HOMETOWN BANKSHARES CORP (HMTA)

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hometown bankshares corp (HMTA) Details

HomeTown Bankshares Corporation operates as the bank holding company for Hometown Bank that provides retail and commercial banking services in Virginia. It accepts various deposit products, such as checking accounts, savings and time deposits, money market accounts, longer-term certificates of deposit, and individual retirement accounts. The company’s loan portfolio includes commercial loans comprising secured and unsecured loans for working capital, including inventory and receivables; business expansion loans, such as acquisition of real estate and improvements; and purchase of equipment and machinery. It also offers consumer loans and lines of credit, including secured and unsecured loans for financing automobiles, home improvements, education, personal investments; and fixed and floating-rate mortgage loans; and real estate construction and acquisition loans, as well as consumer residential mortgage loans. In addition, the company offers safe deposit boxes, travelers checks, direct deposit of payroll and social security checks, automatic drafts for various accounts, overdraft protection, check cards, credit cards, and merchant card services, as well as Internet services comprising on-line bill pay and mobile banking services. Its market area primarily consists of the City of Roanoke, Roanoke County, and the City of Salem, Virginia; and contiguous counties, including Bedford, Franklin, and Montgomery, Virginia. As of March 20, 2013, it conducted its business from six locations in Virginia. The company was founded in 2004 and is based in Roanoke, Virginia.

83 Employees
Last Reported Date: 03/28/14
Founded in 2004

hometown bankshares corp (HMTA) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $286.6K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $171.7K
Chief Credit Officer, Executive Vice Presiden...
Total Annual Compensation: $155.4K
Compensation as of Fiscal Year 2013.

hometown bankshares corp (HMTA) Key Developments

HomeTown Bankshares Corporation Declares Quarterly Dividend on its Series C Non-Cumulative Perpetual Convertible Preferred Stock, Payable on June 15, 2014

On April 24, 2014, HomeTown Bankshares Corporation declared a 6% per annum quarterly dividend on its Series C Non-Cumulative Perpetual Convertible Preferred Stock, payable June 15, 2014 to shareholders of record on May 31, 2014.

Hometown Bankshares Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014; Announces Net Charge-Offs for the Quarter of 2014

HomeTown Bankshares Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported earnings of $803,000, a 53.0% increase, or $278,000, over the $525,000 in net income reported for the comparative period in 2013. Net income available to common shareholders was $593,000 or $0.15 per diluted share against $372,000 or $0.11 per diluted share a year ago. Net interest income increased to $3.56 million against $3.295 million a year ago. The improvement in net interest income was driven by a combination of growth in the company's earning assets, predominantly loans, and the continued reduction in funding costs. Total interest income was $4.093 million against $3.865 million a year ago. Net income before income taxes was $1.165 million against $0.787 million a year ago. Return on average assets was $0.81% against 0.57% a year ago. Return on average shareholders’ equity was $8.09% against 5.75% a year ago. Book value per share was $8.32 against $8.16 a year ago. For the quarter, the company announced $2,000 in net charge-offs compared to $116,000 in the comparative period of 2013.

HomeTown Bankshares Corporation, Annual General Meeting, May 13, 2014

HomeTown Bankshares Corporation, Annual General Meeting, May 13, 2014., at 14:00 US Eastern Standard Time. Location: Fitzpatrick Hall of The Jefferson Center, 541 Luck Avenue S.W.. Agenda: To consider and elect of three Class I directors to the company's board of directors, each to serve until the annual meeting of shareholders to be held in 2017 and until his successor is elected and qualified, or until his death, resignation or removal; to approve of executive compensation in an advisory, non-binding vote; to ratification of the appointment of Yount, Hyde & Barbour, P.C. as the company's independent registered public accounting firm for the fiscal year ending December 31, 2014; and to transaction of such other business as may properly come before the meeting.

 

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HMTA

Industry Average

Valuation HMTA Industry Range
Price/Earnings 15.7x
Price/Sales 1.3x
Price/Book 0.7x
Price/Cash Flow 6.8x
TEV/Sales NM Not Meaningful

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