HMN Financial IncNASDAQ HMNF Stock Report

HMN Financial, Inc. is a stock savings bank holding company which operates retail banking and loan production facilities in Minnesota, Iowa, and Wisconsin. The company is headquartered in Rochester, Minnesota and currently employs 164 full-time employees. The Bank operates retail banking and loan production facilities in Minnesota, Iowa and Wisconsin. The Bank’s portfolio includes real estate, which includes single-family, multi-family and commercial, construction and development; consumer; and commercial business. The company offers conventional fixed rate single-family loans that have maximum terms of 30 years. The company typically sells the majority of fixed rate loan originations with terms to maturity of 15 years or greater that are eligible for sale in the secondary market. The commercial real estate and multi-family loan portfolio includes loans secured by motels, hotels, apartment buildings, churches, manufacturing plants, land developments, office buildings, movie theaters, shopping malls, nursing homes, restaurants, warehouses and other non-residential building properties primarily located in the upper Midwestern portion of the United States.