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Factors infers astros game used that could craig biggio autographed baseball retells cause results to differinclude but are not limited to: general economic and banking businessconditions, competitive conditions between banks and non-bank financial serviceproviders, interest rate fluctuations, the credit risk of lending activities,including changes in the level and trend of loan delinquencies and write-offs;results of examinations by our banking regulators, regulatory and accountingchanges, risks related to construction and development lending, commercial andsmall business banking and other risks. These forward-looking statements are based upon currentmanagement expectations and may, therefore, involve risks and uncertainties.Actual results could be materially different from those expressed or implied bythe forward-looking statements. For more information, visit the Company web site at Statements:Statements in this news release regarding future events, performance or resultsare "forward-looking statements" within the meaning of the Private SecuritiesLitigation Reform Act of 1995 ("PSLRA") and are made pursuant to the safeharbors of the PSLRA. These forward-looking statements relate to, among otherthings, expectations of the business environment in which the Company operates,projections of future performance, perceived opportunities in the market,potential future credit experience, and statements regarding the Company'smission and vision. The Company's common stock is traded on theNASDAQ Global Select Market under the symbol "HOME" and is included in theRussell 2000 Index.
is headquartered in Nampa, Idaho, and is the parentcompany of Home Federal Bank, a community bank originally organized in 1920 astrosdaily . TheCompany serves the Treasure Valley region of southwestern Idaho that includesAda, Canyon, Elmore and Gem Counties, through 15 full-service banking officesand one commercial loan center craig biggio signed baseball . Stockholders' equity decreased $4.9 million, or 2%, to $198.7 million atJune 30, 2009, compared to $203.5 million at June 30, 2008 houston astros . The completion ofthe entire share repurchase program during the quarter ended March 31, 2009 wasthe primary cause for the decrease in stockholders' equity jeff bagwell . Dividends and ayear-to-date loss from operations in fiscal 2009 reduced retained earnings whilea lower interest rate environment at June 30, 2009, increased the unrealizedgain on securities by $4.5 million, net of tax, compared to June 30, 2008. TheCompany's book value per share as of June 30, 2009 was $11.90 per share basedupon 16,698,168 outstanding shares of common stock, a 1.4% increase from June30, 2008.About the CompanyHome Federal Bancorp, Inc. Aspreviously noted, the decrease resulted from maturing FHLB advances being repaidwith excess liquidity.Equity.
Management continues to observe certificate of deposit rates offered bycompetitors that in many instances exceeded the cost of the Bank's alternativefunding sources, including FHLB advances.FHLB advances and other borrowings decreased $56.7 million, or 39%, to $88.9million at June 30, 2009, compared to $145.6 million at June 30, 2008 baseball tickets . Demanddeposits and savings accounts increased from $202.1 million at June 30, 2008 to$207.0 million at June 30, 2009, which is consistent with management's strategyto increase core deposits craig biggio autographed baseball . Certificates of deposit decreased $11.3 million, or6%, to $169.0 million at June 30, 2009, compared to $180.3 million at June 30,2008 craig biggio signed baseball . Deposits decreased $6.3 million, or 2%, to $376.0million at June 30, 2009, compared to $382.3 million at June 30, 2008 . This activity represents prior identifiedloans evolving through the collection cycle.Deposits and borrowings. Real estate owned was comprised of $4.3million of land development and speculative one- to four-family constructionprojects, $3.9 million of commercial real estate and $383,000 of one- tofour-family residential properties.
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