BranchWatch

HomeTown Bank

Headquartered in Carver, MN. Part of Redwood Financial, Inc. FDIC certificate #31028 · Federal Reserve RSSD 788773.

Total assets
$673M
Deposits
$603M
Q1 2026
Active branches
11
Closings since Jan 2020
1
1 openings since Jan 2020
All locations →Quarterly financials →

Financial snapshot — Q1 2026

All quarters →
Net income (quarter)
$1M
Return on assets
0.73%
Return on equity
9.53%
Noncurrent loan rate
0.44%

Deposits by year (Summary of Deposits)

0
2019
0
2020
0
2021
0
2022
1
2023
1
2024
1
2025

Values in $ billions, June 30 of each year.

Closings by year

1
2023

Openings by year

1
2022

Other network changes since 2020

  • 1 branch relocations

Branches by state

Minnesota 11

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.myht.bank.