GENERAL

Home Loan Financial Corporation ("HLFC") was incorporated under Ohio law in December 1997 for the purpose of purchasing all of the capital stock of The Home Loan Savings Bank (the "Bank") issued in connection with the conversion of the Bank from mutual to stock form (the "Conversion"). HLFC, the Bank, Home Loan Financial Services, Inc., a wholly-owned subsidiary of HLFC, and Coshocton County Title Agency, LLC, an entity in which HLFC owns a 33% interest ("CCTA"), are together referred to as the Corporation.

The Bank was organized as a mutual savings and loan association under Ohio law in 1882 as "The Home Building Loan and Savings Company." In 1996, the Bank...