Freedom Bank, Inc.
Belington, WV — Non-member Bank
Active
Vitals
-
Total Assets156.4M 1.1 %
-
Total Deposits130.2M -2.3 %
-
Total Net Loans125.8M 5.3 %
-
Net Income973000.0000 20.3 %
-
Book Value15.7M 4.2 %
-
Book Value x231.3M 4.2 %
-
Book Value x347.0M 4.2 %
Balance Sheet Highlights
| Financial Highlights | Freedom Bank, Inc. | All Insured Commercial Banks in West Virginia |
| Balance Sheet $(000) | ||
| Total Assets | 156,419 | 360,672 |
| Total Net Loans | 125,780 | 251,469 |
| Total Deposits | 130,202 | 299,214 |
| Total Equity | 15,669 | 38,258 |
| Profitability | ||
| Net Income | 973 | 3,285 |
| Return on Average Assets | .626 | .706 |
| Return on Average Equity | 6.314 | 6.418 |
| Net Interest Margin | 3.697 | 3.744 |
| Efficiency Ratio | 76.979 | 72.606 |
| Noninterest Income/Revenue | 16.739 | 20.548 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 96.604 | 76.49 |
| Securities/Assets | .074 | .175 |
| Total Equity/Total Assets | .1 | .106 |
| Tangible Equity/Tangible Assets | .1 | .096 |
| Capital Adequacy | ||
| Tier 1 Common Capital | 15,785 | 35,874 |
| Tier 1 Capital | 15,785 | 36,036 |
| Tier 2 Capital | 1,388 | 2,393 |
| Total Capital | 17,173 | 38,423 |
| Total Risk Weighted Assets | 109,806 | 244,928 |
| Leverage Ratio | 10.13 | 10.924 |
| Common Equity Tier 1 Capital Ratio | 14.38 | 18.341 |
| Tier 1 Capital Ratio | 14.38 | 18.347 |
| Total Capital Ratio | 15.64 | 19.449 |
Timeline for Freedom Bank, Inc.
Freedom Insurance Llc
Freedom Insurance Llc became a new subsidiary organization for Freedom Bank, Inc..
View Profile Nov 19 2001Freedom Bancshares, Inc.
Freedom Bancshares, Inc. became a new parent organization for Freedom Bank, Inc..
View Profile Aug 10 1988Freedom Bank, Inc.
Freedom Bank, Inc. was established 86 years ago and is currently headquartered in Belington, WV.
May 10 1939| Relationships | Role | Relationship Start | Relationship End |
| Freedom Bancshares, Inc. | Parent | 8/10/1988 | |
| Freedom Insurance Llc | Subsidary | 11/19/2001 |
Similar Organizations
| Organization | City | State | Total Assets |
|---|---|---|---|
|
Bank Of Zumbrota
|
Zumbrota | MN | 156.6M |
|
Goppert State Service Bank
|
Garnett | KS | 156.9M |
|
United Bank And Trust Company
|
Hampton | IA | 154.1M |
|
Resurgens Bank
|
Tucker | GA | 158.2M |
|
Bank Of The Federated States Of Micronesia
|
Pohnpei | FM | 153.9M |
|
Tensas State Bank
|
Newellton | LA | 153.6M |
|
Bank Of Perry County
|
Lobelville | TN | 153.1M |
|
Inez Deposit Bank
|
Inez | KY | 152.5M |
|
Winnsboro State Bank & Trust Company
|
Winnsboro | LA | 152.2M |
|
State Bank Of Waterloo
|
Waterloo | IL | 151.9M |