Home Bank

What Home Bank does

Home Bank is a mutual community bank chartered in 1890 and headquartered in Martinsville, Indiana, operating through a wholly-owned subsidiary (Home Bank, N.A.) under the holding company Home Bancorp, Inc. The bank delivers a full-service personal and business banking platform to consumers, small/mid-sized businesses, and community residents in Morgan, Johnson, and Hendricks counties in Indiana, and as of March 2026 has extended into Tomball, Texas via a new full-service branch. Its product portfolio spans consumer checking and savings accounts (Simply Free, Benefits Checking, 50+ Interest, Interest Plus), money market and Christmas Club accounts, CDs and IRAs, mortgage and home equity loans, auto/RV/motorcycle loans, and a comprehensive commercial lending suite (term loans, SBA loans, CRE loans, lines of credit, equipment leasing, vehicle financing).

Revenue is generated primarily through net interest income on the loan portfolio (with a 4.16% net interest margin in Q1 2026 and $34.1 million in net interest income in Q3 2025), supplemented by transaction and service fees (overdraft $32, stop payment $7.50, ATM/wire/research fees), monthly account service charges ($6–$15/month), and payment processing fees from its embedded Autobooks integration (3.49% card, 1.00% ACH, 2.75% Tap to Pay). The digital banking platform provides 24/7 web and mobile access with SSL encryption and VeriSign security, and integrates Autobooks for SMB invoicing and payments and Banzai for financial education. Because Home Bank is structured as a mutual institution owned by depositors rather than shareholders, profits are allocated to capital reserves and to a gifting program that dedicates 10% of profits to community nonprofits across its Indiana footprint.

Name

Home Bank

Legal name

Home Bank

Website

https://homebanksb.com

Company type

Private

Founded year

1890

Operating status

Operating

Headcount range

101–250 employees

Short description

Home Bank is a mutual community bank chartered in 1890 and headquartered in Martinsville, Indiana, providing full-service personal and business banking — including deposits, mortgage, commercial, and SMB payment services — to consumers and small businesses across Indiana and into Texas.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218), Depository Credit Intermediation (5221), Commercial Banking (52211)

SIC

Savings Institutions, Not Federally Chartered (6036), State Commercial Banks (6022), Personal Credit Institutions (6141)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

akta.pro secondary industries

Closed-End Home Equity Loans (Second Mortgages) (FSALAGAA), Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL), Real Estate (Commercial Property, REITs) (FSABACAH)

Keywords

• Community banking
• Personal banking
• Commercial lending
• Mortgage loans
• Deposit accounts

Headquarters

HQ city

Martinsville

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Net Interest Income (Loan Portfolio): Net interest income from loan portfolio including mortgage loans, auto loans, personal loans, home equity loans, business loans, and commercial real estate loans. Interest paid on deposits provides funding.
2. Deposit Account and Service Fees: Various transaction and service fees including overdraft fees ($32), ATM fees, wire transfer fees, stop payment fees ($7.50), account research fees ($25/hour), paper statement fees ($3/month), dormant account fees ($5/month), and early account closeout fees.
3. Payment Processing Fees (Autobooks): Processing fees for business payment acceptance through Autobooks: 3.49% per card transaction, 1.00% per ACH transaction, 2.75% for Tap to Pay on iPhone, and $10/month for accounting functionality.
4. Monthly Account Service Fees: Monthly service fees on certain account types: Benefits Checking ($6.95/month), Interest Plus Checking ($6/month if balance below $1,500), Commercial Checking ($15/month), and Business Interest Checking ($6/month if balance below $1,500).

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Home Bank is a full-service mutual community bank chartered in 1890 that offers a comprehensive suite of deposit products (checking, savings, money market, CDs, IRAs), consumer lending (mortgages, home equity, auto, personal loans), commercial lending (term loans, SBA loans, commercial real estate, lines of credit, equipment financing), and integrated digital banking with embedded Autobooks business payment services. The bank operates five Indiana branch locations plus a new Texas branch, and distinguishes itself as a depositor-owned mutual institution that reinvests 10% of profits into community support.

Product overview

Home Bank is a full-service mutual community bank offering a comprehensive suite of deposit, lending, and digital banking products. Its deposit portfolio includes personal and business checking and savings accounts (Simply Free Checking, Benefits Checking, 50+ Interest Checking, Interest Plus Checking, Simply Free Savings, Money Market Select, Christmas Club, and Health Savings Accounts), as well as certificate products (Traditional CDs ranging from 3 to 60 months, a special 13-Month CD promotional offering at 3.29% APY, and a Universal IRA). Its lending lineup spans personal loans, home equity products (HELOC and installment loans), home purchase and construction mortgages, auto/RV/motorcycle loans, and commercial products including term loans, SBA loans, commercial real estate financing, lines of credit, equipment leasing, and business credit cards. Digital banking is provided through web and mobile platforms, with an embedded Autobooks module for business invoicing and payment acceptance, and a loan payment portal for remote payments. Community-facing programs include a scholarship initiative, a gifting program allocating 10% of annual profits to local nonprofits, and the Kris Gill Servant Leadership Award. The bank operates five branch locations across Indiana and is chartered as a mutual institution owned by its depositors.

Differentiator

Problem solved

Functional benefit

Products and services

• Simply Free Checking
• Benefits Checking
• 50+ Interest Checking
• Interest Plus Checking
• Simply Free Business Checking
• Business Interest Checking
• Commercial Checking
• Simply Free Savings
• Money Market Select
• Christmas Club
• Health Savings Account
• Simply Free Business Savings
• Business Money Market Select
• Traditional Certificate of Deposit
• 13-Month CD Special
• Universal IRA
• Personal Loan
• Auto Loan
• Recreational Vehicle Loan
• Motorcycle Loan
• Home Equity Line of Credit (HELOC)
• Home Equity Installment Loan
• Home Loans (Conventional, FHA, VA, USDA, Lot, Land)
• Construction Loan
• Commercial Term Loans
• Commercial Real Estate Loans
• Small Business Administration (SBA) Loans
• Commercial Lines of Credit
• Commercial Vehicle Loans
• Equipment Leasing & Finance
• Business Credit Cards
• Personal Credit Cards
• Debit Cards
• Autobooks Business Services

Quantifiable outcome

• Deposit growth of $54 million in Q1 2026
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Three partnerships are on record, tiered minor and core.

• BanzaiminorStrategic or Co-development Partner · 1 January 2025Home Bank partners with Banzai to provide financial education resources to customers and the community through online educational content covering topics like taxes, budgeting, and financial planning.
• AutobookscoreTechnology or Integration · 1 January 2024Home Bank has partnered with Autobooks to offer integrated business services including digital invoicing, payment acceptance, accounting and reporting, Tap to Pay on iPhone, and secure payment links - all integrated directly into Home Bank's online and mobile banking platform for business customers.
• Elan Financial ServicescoreTechnology or Integration · 1 January 2024Home Bank partners with Elan Financial Services to provide business credit card solutions. All credit card applications are subject to Elan's underwriting standards and approval. Elan offers various rewarding credit card options for business customers.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Centier Bank: Indiana-headquartered mutual savings/community bank offering personal and business banking, mortgages, and commercial lending across Indiana. Closest structural and geographic peer to Home Bank — same mutual/community model serving Indiana consumers and SMBs with a similar product menu.
• Lake City Bank: Indiana community bank with full personal and business banking, mortgage, and commercial lending products, serving communities across northern and central Indiana. Comparable size, footprint, and product breadth to Home Bank in the Indiana community-banking segment.
• German American Bank: Community-focused bank with deep Indiana roots providing retail, commercial, and wealth management services. Directly comparable in target market, customer segments, and product suite to Home Bank.
• Salin Bank: Indiana-based community bank offering consumer, mortgage, and commercial lending products within the state. Competes with Home Bank in central Indiana deposit and small-business lending markets.
• Horizon Bank: Midwest community bank offering personal and commercial banking across Indiana and Michigan, including mortgage and consumer lending. Overlapping customer profile and product offering with Home Bank in Indiana markets.
• MutualBank: Mutual savings institution providing personal and business banking, mortgage, and consumer lending. Closest structural analogue to Home Bank (mutual ownership structure) outside Indiana; useful for benchmarking long-term mutual bank economics.

Broad incumbents

• Old National Bank: Large regional bank with deep Indiana presence offering full personal, business, mortgage, and wealth management services. Competes broadly with Home Bank for consumer and small-business customers across central Indiana, but operates a much wider footprint and product portfolio.
• First Merchants Bank: Large Indiana-headquartered community banking franchise offering comprehensive commercial, consumer, and wealth services. Larger-scale incumbent with similar central Indiana overlap and product mix.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/HomeBank_1890
• YouTubeyoutube.com/channel/UCgCdPWUlA7f43Ps8puNgfpA
• Facebookfacebook.com/HomeBank1890
• LinkedInlinkedin.com/company/homebanksb
• Instagraminstagram.com/homebank_1890

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Home Bank