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First Freedom Bank
First Freedom Bank
RSSD ID 3437148 | CERTIFICATE 58208 | ABA NUMBER 64109086 |
1620 W Main St |
Quarter Ended : |
2025-03-31 |
Lebanon, Tennessee, 37087 |
Updated : |
2025-04-25 |
www.firstfreedombank.com |
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Institution Profile |
Year Opened : |
2006 |
Institution Type : |
Commercial bank |
Entity Type : |
State |
Federal Regulator : |
FDIC |
Member Federal Reserve : |
No |
S-Corp : |
No |
Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
Filing Type : |
051 |
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Specialization : |
Commercial Lending Specialization |
Number of Offices : |
6 |
Number of Employees : |
70 |
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Financial Fast Facts |
Balance Sheet (USD, in thousands) |
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Income Statement (USD, in thousands, ytd) |
Total Assets | 769,676 |
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Total Interest Income | 11,327 |
Total Liabilities | 686,512 |
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Total NonInterest Income | 481 |
Total Bank Equity Capital | 83,164 |
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Total Interest Expense | 4,989 |
Total Deposits | 680,115 |
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Total NonInterest Expense | 3,707 |
Net Loans & Leases | 587,791 |
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Net Income | 2,112 |
Loan Loss Allowance | 6,929 |
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Net Charge Offs | 224 |
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Regulatory Capital |
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Quarterly Averages (USD, in thousands) |
Community Bank Leverage Ratio | Yes |
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Total loans | 595,776 |
Total assets for the leverage ratio | 775,097 |
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Loans secured by real estate: | 425,765 |
Tier 1 Leverage Ratio | 10.71 |
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Commercial and industrial loans | 138,764 |
Off Balance Sheet Exposures (%) | 8.38 |
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Loans to individuals - Credit Cards | 0 |
Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 30,955 |
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