Note 16 - Business Segments

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

(16)Business Segments

The Bank has been identified as a reportable operating segment in accordance with the provisions of ASC 280. HMN did not meet the quantitative thresholds for determining reportable segments and, therefore, is included in the “Other” category.

The Company evaluates performance and allocates resources based on the segment’s net income, return on average assets and equity. Each corporation is managed separately with its own officers and board of directors, some of whom may overlap between the corporations.

The following table sets forth certain information about the reconciliation of reported profit or loss and assets for each of the Company’s reportable segments.

(Dollars in thousands)	Home Federal Savings Bank		Other			Eliminations			Consolidated Total
At or for the six months ended June 30, 2014:
Interest income - external customers	$	10,447		0			0			10,447
Non-interest income - external customers		3,410		0			0			3,410
Intersegment interest income		0		1			(1	)		0
Intersegment non-interest income		90		4,315			(4,405	)		0
Interest expense		641		0			(1	)		640
Other non-interest expense		9,852		399			(90	)		10,161
Income tax expense		2,927		(245	)		0			2,682
Net income		4,315		4,162			(4,315	)		4,162
Total assets		608,928		79,706			(78,752	)		609,882
At or for the six months ended June 30, 2013:
Interest income - external customers	$	12,110		0			0			12,110
Non-interest income - external customers		3,861		0			0			3,861
Intersegment interest income		0		1			(1	)		0
Intersegment non-interest income		92		3,009			(3,101	)		0
Interest expense		2,508		0			(1	)		2,507
Other non-interest expense		11,064		392			(92	)		11,364
Income tax expense		0		80			0			80
Net income		3,011		2,538			(3,009	)		2,540
Total assets		560,908		65,021			(64,955	)		560,974
At or for the quarter ended June 30, 2014:
Interest income - external customers	$	5,020		0			0			5,020
Non-interest income - external customers		1,722		0			0			1,722
Intersegment interest income		0		1			(1	)		0
Intersegment non-interest income		45		2,601			(2,646	)		0
Interest expense		307		0			(1	)		306
Other non-interest expense		4,318		191			(45	)		4,464
Income tax expense		1,739		(119	)		0			1,620
Net income		2,601		2,530			(2,601	)		2,530
Total assets		608,928		79,706			(78,752	)		609,882
At or for the quarter ended June 30, 2013:
Interest income - external customers	$	5,787		0			0			5,787
Non-interest income - external customers		1,987		0			0			1,987
Intersegment interest income		0		1			(1	)		0
Intersegment non-interest income		46		2,026			(2,072	)		0
Interest expense		1,115		0			0			1,115
Other non-interest expense		5,199		172			(46	)		5,325
Income tax expense		0		55			0			55
Net income		2,026		1,799			(2,026	)		1,799
Total assets		560,908		65,021			(64,955	)		560,974