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 Freedom Bank
Freedom Bank
| RSSD ID 2858492 | CERTIFICATE 35221 | ABA NUMBER 83914236 |
| 1405 N Main St |
Quarter Ended : |
2025-03-31 |
| Huntingburg, Indiana, 47542 |
Updated : |
2025-04-30 |
| WWW.THATSFREEDOM.BANK |
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| Institution Profile |
| Year Opened : |
1999 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
Yes |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
4 |
Number of Employees : |
63 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 569,113 |
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Total Interest Income | 6,988 |
| Total Liabilities | 506,159 |
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Total NonInterest Income | 660 |
| Total Bank Equity Capital | 62,954 |
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Total Interest Expense | 2,961 |
| Total Deposits | 493,210 |
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Total NonInterest Expense | 2,262 |
| Net Loans & Leases | 479,124 |
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Net Income | 2,954 |
| Loan Loss Allowance | 7,812 |
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Net Charge Offs | (2) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 75,548 |
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Total loans | 489,753 |
| Total assets for the leverage ratio | 568,042 |
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Loans secured by real estate: | 410,395 |
| Tier 1 Leverage Ratio | 12.18 |
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Commercial and industrial loans | 18,672 |
| Tier 1 Capital Ratio | 13.65 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.9 |
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Loans to individuals - Other | 22,688 |
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:· Freedom Bank
