The Freedom State Bank
Freedom, OK — Non-member Bank
Acquired Jun 2014
Vitals
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Total Assets22.8M 2.0 %
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Total Deposits20.9M 1.8 %
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Total Net Loans11.3M 18.5 %
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Net Income34000.0000 54.5 %
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Book Value2.0M 3.9 %
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Book Value x23.9M 3.9 %
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Book Value x35.8M 3.9 %
Balance Sheet Highlights
Financial Highlights | The Freedom State Bank | All Insured Commercial Banks in Oklahoma |
Balance Sheet $(000) | ||
Total Assets | 22,816 | 176,522 |
Total Net Loans | 11,259 | 105,411 |
Total Deposits | 20,855 | 152,232 |
Total Equity | 1,950 | 17,798 |
Profitability | ||
Net Income | 34 | 545 |
Return on Average Assets | .584 | 1.22 |
Return on Average Equity | 7.036 | 12.153 |
Net Interest Margin | 3.563 | 4.042 |
Efficiency Ratio | 78.871 | 67.088 |
Noninterest Income/Revenue | 12.442 | 15.365 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 53.987 | 64.994 |
Securities/Assets | .146 | .214 |
Total Equity/Total Assets | .085 | .101 |
Tangible Equity/Tangible Assets | .085 | .099 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 1,951 | 17,401 |
Tier 2 Capital | 145 | 1,316 |
Total Capital | 2,096 | 18,737 |
Total Risk Weighted Assets | 16,022 | 117,640 |
Leverage Ratio | 8.37 | 10.139 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 12.18 | 15.986 |
Total Capital Ratio | 13.08 | 17.084 |
Timeline for The Freedom State Bank
Alva State Bank & Trust Company
The Freedom State Bank was acquired by Alva State Bank & Trust Company 9 years
View Profile Jun 28 2014The Freedom State Bank
The Freedom State Bank was established 105 years ago and is currently headquartered in Freedom, OK.
Jan 01 1919Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Alva State Bank & Trust Company | Buyer | 313,161 | Failure | 6/28/2014 |
Relationships | Role | Relationship Start | Relationship End |
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