Home Federal Bancorp reports decline in profit

April 29, 2013 

Editor's note: This story has been corrected from an earlier version that misstated the change in Home Federal Bancorp's net income from the end of the 2012 first quarter.

Home Federal Bancorp, the parent company of Nampa-based Home Federal Bank, reported a 34.3 percent decline in net income from a year ago at the end of the first quarter.

The bank’s total assets total of more than $1.05 billion was down 5 percent over that time, partially due to declines in deposits. However, the bank’s total assets rose less than a percent since the end of the 2012 fourth quarter.

Home Federal Bank has 24 branch locations in Oregon and Southwest Idaho and three commercial loan production offices.

The bank’s stock closed at $12.05 Monday, up 23.1 percent from one year ago.

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