Vitals
  • Total Assets
    106.9M -5.2 %
  • Total Deposits
    80.4M -6.8 %
  • Total Net Loans
    85.7M -4.3 %
  • Net Income
    351000.0000 127.9 %
  • Book Value
    11.7M 2.8 %
  • Book Value x2
    23.4M 2.8 %
  • Book Value x3
    35.1M 2.8 %
ROAA

.318

ROAE

3.009

Efficiency Ratio

85.927

Net Interest Margin

3.595

Balance Sheet Highlights
Financial Highlights Freedom National Bank All Insured Commercial Banks in Rhode Island
Balance Sheet $(000)
Total Assets 106,902 20,839,534
Total Net Loans 85,663 15,492,180
Total Deposits 80,446 14,848,553
Total Equity 11,696 2,865,868
Profitability
Net Income 351 158,991
Return on Average Assets .318 1.346
Return on Average Equity 3.009 8.834
Net Interest Margin 3.595 3.706
Efficiency Ratio 85.927 65.587
Noninterest Income/Revenue 11.99 26.157
Balance Sheet Ratios
Loan-to-Deposit 106.485 103.513
Securities/Assets .107 .126
Total Equity/Total Assets .109 .138
Tangible Equity/Tangible Assets .109 .089
Capital Adequacy
Tier 1 Common Capital 11,776 1,992,918
Tier 1 Capital 11,776 1,992,930
Tier 2 Capital 918 374,666
Total Capital 12,694 2,367,596
Total Risk Weighted Assets 79,540 17,762,669
Leverage Ratio 10.7 11.852
Common Equity Tier 1 Capital Ratio 14.81 15.325
Tier 1 Capital Ratio 14.81 15.325
Total Capital Ratio 15.96 16.557

Timeline for Freedom National Bank

32 Meeting Street, Llc

32 Meeting Street, Llc became a new subsidiary organization for Freedom National Bank.

View Profile Mar 26 2013

Berkshire Financial Services, Inc.

Berkshire Financial Services, Inc. became a new parent organization for Freedom National Bank.

View Profile Nov 30 2001

Freedom National Bank

Freedom National Bank was established 22 years ago and is currently headquartered in Greenville, RI.

Nov 29 2001
Relationships Role Relationship Start Relationship End
Berkshire Financial Services, Inc. Parent 11/30/2001
32 Meeting Street, Llc Subsidary 3/26/2013
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