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 Freedom Financial Bank
Freedom Financial Bank
| RSSD ID 2735137 | CERTIFICATE 35031 | ABA NUMBER 73922704 |
| 1255 Jordan Creek Pkwy |
Quarter Ended : |
2025-03-31 |
| West Des Moines, Iowa, 50266 |
Updated : |
2025-04-24 |
| www.freedomfinancialbank.com |
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| Institution Profile |
| Year Opened : |
1999 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
Yes |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
2 |
Number of Employees : |
19 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 266,985 |
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Total Interest Income | 3,424 |
| Total Liabilities | 242,171 |
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Total NonInterest Income | 32 |
| Total Bank Equity Capital | 24,814 |
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Total Interest Expense | 1,524 |
| Total Deposits | 204,281 |
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Total NonInterest Expense | 1,067 |
| Net Loans & Leases | 216,387 |
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Net Income | 764 |
| Loan Loss Allowance | 2,723 |
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Net Charge Offs | 0 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 27,470 |
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Total loans | 216,581 |
| Total assets for the leverage ratio | 268,450 |
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Loans secured by real estate: | 173,949 |
| Tier 1 Leverage Ratio | 9.22 |
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Commercial and industrial loans | 26,274 |
| Tier 1 Capital Ratio | 10.34 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 11.47 |
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Loans to individuals - Other | 263 |
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:· Freedom Financial Bank
