First Freedom Bank

Lebanon, TN
IDRSSD: 3437148
Total Assets
$777.38M
Latest filing
Total Deposits
$666.06M
Latest filing
Net Interest Margin
4.17%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

064109086LEBANON, TN

Key People

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Locations

Main office and branches. Select to view on the map.

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Main Office
First Freedom Bank
1620 W Main St
Lebanon, TN 37087
Full Service - Brick and Mortar
Updated 01/30/2026Established 04/03/2006FDIC Certificate 442225

Branches (5)

Page 1 of 1
NameAddressCity / State
First Freedom Bank (Main)1620 W Main StLebanon, TN
JACKSON BANK & TRUST BRANCH307 E Hull AveGainesboro, TN
JACKSON STREET BRANCH376 W Jackson StCookeville, TN
ALGOOD - JBT BRANCH614 W Main StCookeville, TN
MT. JULIET BRANCH12888 Lebanon RdMount Juliet, TN
PROVIDENCE PARKWAY BRANCH2008 Providence PkwyMount Juliet, TN
Showing 5 of 5

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date04/03/2006
Community BankYes
Ownership TypeNot Mutual
ZIP37087
State and County Number47189
Subchapter S CorporationsNo
Trust PowersLimited Trust Powers Granted
Federal Reserve ID Number06
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameNashville-Davidson-Murfreesboro-Franklin, TN

Operational Info

Number of Employees71
Domestic Offices6
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance04/03/2006
Primary Insurance AgencyDIF
Websitewww.firstfreedombank.com
Data Updated01/30/2026
CERT58208
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$777.38M
Total Deposits$666.06M
Total Liabilities$685.40M
Total Equity Capital$91.99M
Net Income$3.08M
Net Loans and Leases$641.86M
Assets Per Employee ($Millions)$11.27M
Bank Premises and Fixed Assets$14.14M
Cash and Balances due from Depository Institutions$68.50M
Deposits Held in Domestic Offices$666.06M

Key Performance Ratios

Return on Assets (ROA)1.63%
Return on Equity (ROE)13.64%
Net Interest Margin4.17%
Efficiency Ratio46.62%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.25%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets11.833%
Earning Assets to total Assets93.86%

Income and Expense

Total Interest Income$11.46M
Total Noninterest Income$512.00k
Total Interest Expense$4.08M
Total Noninterest Expense$3.72M
Net Interest Income$7.38M
Pre-tax Net Operating Income$3.70M
Provision for Credit Losses$468.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$13.00M
All Other Liabilities$6.33M
Total Liabilities and Capital$777.38M

Securities

Securities$25.87M
Available-for-sale debt securities$18.37M
Equity securities with readily determinable fair values not held for trading
Held-to-maturity securities$2.00M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Freedom Bank?
$777.38M as of the latest filing.
How much are First Freedom Bank's total deposits?
$666.06M in total deposits.
Where is First Freedom Bank located?
Lebanon, TN.
What is the Net Interest Margin?
4.17%.
How many domestic offices does it operate?
6.
When was it established?
04/03/2006.
What is the Return on Assets (ROA)?
1.63%.
How much are total loans and leases?
$641.86M (latest filing).
What is the total interest income (latest filing)?
$11.46M.