Freedom Security Bank
Coralville, IA — Domestic Branch of a Domestic Bank
Acquired Jul 2013
Vitals
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Total Assets72.8M -8.0 %
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Total Deposits63.2M -2.0 %
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Total Net Loans38.3M -12.4 %
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Net Income56000.0000 -62.2 %
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Book Value9.1M -6.0 %
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Book Value x218.2M -6.0 %
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Book Value x327.4M -6.0 %
Balance Sheet Highlights
Financial Highlights | Freedom Security Bank | All Insured Commercial Banks in Iowa |
Balance Sheet $(000) | ||
Total Assets | 72,811 | 155,772 |
Total Net Loans | 38,273 | 94,091 |
Total Deposits | 63,195 | 130,050 |
Total Equity | 9,124 | 16,465 |
Profitability | ||
Net Income | 56 | 900 |
Return on Average Assets | .148 | 1.11 |
Return on Average Equity | 1.202 | 10.293 |
Net Interest Margin | 3.138 | 3.501 |
Efficiency Ratio | 98.83 | 61.108 |
Noninterest Income/Revenue | 16.933 | 14.33 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 60.563 | 67.717 |
Securities/Assets | .383 | .26 |
Total Equity/Total Assets | .125 | .106 |
Tangible Equity/Tangible Assets | .111 | .102 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 6,959 | 15,638 |
Tier 2 Capital | 503 | 1,200 |
Total Capital | 7,462 | 16,839 |
Total Risk Weighted Assets | 40,083 | 109,537 |
Leverage Ratio | 9.6 | 10.061 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 17.36 | 15.541 |
Total Capital Ratio | 18.62 | 16.611 |
Timeline for Freedom Security Bank
Cbi Bank & Trust
Freedom Security Bank was acquired by Cbi Bank & Trust 10 years
View Profile Jul 09 2013Fsb Holding Co.
Acquisition: Freedom Security Bank acquired a new subsidiary, Fsb Holding Co. , 20 years
View Profile May 15 2004Central Bancshares, Inc.
Central Bancshares, Inc. became a new parent organization for Freedom Security Bank.
View Profile May 15 2004Fsb Holding Co.
Fsb Holding Co. became a new parent organization for Freedom Security Bank.
View Profile Jun 01 1980Freedom Security Bank
Freedom Security Bank was established 125 years ago and is currently headquartered in Coralville, IA.
Jan 01 1899Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Cbi Bank & Trust | Buyer | 536,480 | Pooling of Interests | Discontinued | 7/9/2013 |
Fsb Holding Co. | Seller | Pooling of Interests | Discontinued | 5/15/2004 |
Relationships | Role | Relationship Start | Relationship End |
Central Bancshares, Inc. | Parent | 5/15/2004 | 7/8/2013 |
Fsb Holding Co. | Parent | 10/18/1993 | 5/14/2004 |
Fsb Holding Co. | Parent | 12/31/1981 | 10/17/1993 |
Fsb Holding Co. | Parent | 6/1/1980 | 12/30/1981 |
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