Note 22 - Business Segments

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

NOTE 22 Business Segments

The Bank has been identified as a reportable operating segment in accordance with the provisions of ASC 280. HMN, the holding company, did not meet the quantitative thresholds for a reportable segment 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 return on average equity. Each corporation is managed separately with its own officers and board of directors.

The following table sets forth certain information about the reconciliations of reported net income and assets for each of the Company’s reportable segments.

(Dollars in thousands)	Home Federal Savings Bank			Other			Eliminations			Consolidated Tot al
At or for the year ended December 31, 2014:
Interest income - external customers	$	20,613			0			0			20,613
Non-interest income - external customers		7,284			0			0			7,284
Intersegment interest income		0			2			(2	)		0
Intersegment non-interest income		180			7,644			(7,824	)		0
Interest expense		1,213			0			(2	)		1,211
Non-interest expense		20,781			802			(180	)		21,403
Income tax expense (benefit)		5,438			(536	)		0			4,902
Net income		7,644			7,379			(7,644	)		7,379
Total assets		576,397			76,221			(75,192	)		577,426
At or for the year ended December 31, 2013:
Interest income - external customers	$	22,983			0			0			22,983
Non-interest income - external customers		7,312			0			0			7,312
Intersegment interest income		0			1			(1	)		0
Intersegment non-interest income		182			26,792			(26,974	)		0
Interest expense		3,290			0			(1	)		3,289
Non-interest expense		22,039			766			(182	)		22,623
Income tax benefit		(13,766	)		(640	)		0			(14,406	)
Net income		26,795			26,667			(26,792	)		26,670
Total assets		647,679			90,483			(89,540	)		648,622
At or for the year ended December 31, 2012:
Interest income - external customers	$	30,816			0			0			30,816
Non-interest income - external customers		8,990			0			0			8,990
Intersegment interest income		0			4			(4	)		0
Intersegment non-interest income		186			6,220			(6,406	)		0
Interest expense		7,143			0			(4	)		7,139
Non-interest expense		24,077			779			(186	)		24,670
Income tax expense		0			132			0			132
Net income		6,228			5,313			(6,220	)		5,321
Total assets		653,315			64,135			(64,123	)		653,327