First Freedom Bank
Lebanon, TN
IDRSSD: 3437148
Total Assets
$732.79M
Latest filing
Total Deposits
$623.08M
Latest filing
Net Interest Margin
4.08%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
First Freedom Bank
1620 W Main St
Lebanon, TN 37087
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/03/2006FDIC Certificate 442225
Branches (5)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First Freedom Bank (Main) | 1620 W Main St | Lebanon, TN |
| JACKSON BANK & TRUST BRANCH | 307 E Hull Ave | Gainesboro, TN |
| JACKSON STREET BRANCH | 376 W Jackson St | Cookeville, TN |
| ALGOOD - JBT BRANCH | 614 W Main St | Cookeville, TN |
| MT. JULIET BRANCH | 12888 Lebanon Rd | Mount Juliet, TN |
| PROVIDENCE PARKWAY BRANCH | 2008 Providence Pkwy | Mount Juliet, TN |
Showing 5 of 5
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
CedarStone Bank
Lebanon, Tennessee
→
Assets: $354.93MΔ -53.4%
Wilson Bank and Trust
Lebanon, Tennessee
→
Assets: $5.63BΔ +639.0%
First Century Bank
Tazewell, Tennessee
→
Assets: $757.24MΔ -0.6%
Thread Bank
Rogersville, Tennessee
→
Assets: $790.13MΔ +3.7%
Macon Bank and Trust Company
Lafayette, Tennessee
→
Assets: $723.48MΔ -5.0%
Citizens Bank
Carthage, Tennessee
→
Assets: $800.29MΔ +5.0%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 04/03/2006 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 37087 |
| State and County Number | 47189 |
| Subchapter S Corporations | No |
| Trust Powers | Limited Trust Powers Granted |
| Federal Reserve ID Number | 06 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Dallas |
| Core Based Statistical Area Name | Nashville-Davidson-Murfreesboro-Franklin, TN |
Operational Info
| Number of Employees | 72 |
| Domestic Offices | 6 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 04/03/2006 |
| Primary Insurance Agency | DIF |
| Website | www.firstfreedombank.com |
| Data Updated | 11/14/2025 |
| CERT | 58208 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $732.79M |
| Total Deposits | $623.08M |
| Total Liabilities | $643.84M |
| Total Equity Capital | $88.94M |
| Net Income | $3.23M |
| Net Loans and Leases | $610.26M |
| Assets Per Employee ($Millions) | $10.32M |
| Bank Premises and Fixed Assets | $14.27M |
| Cash and Balances due from Depository Institutions | $56.03M |
| Deposits Held in Domestic Offices | $623.08M |
Key Performance Ratios
| Return on Assets (ROA) | 1.73% |
| Return on Equity (ROE) | 14.8% |
| Net Interest Margin | 4.08% |
| Efficiency Ratio | 48.9% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.04% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.138% |
| Earning Assets to total Assets | 93.75% |
Income and Expense
| Total Interest Income | $11.37M |
| Total Noninterest Income | $574.00k |
| Total Interest Expense | $4.23M |
| Total Noninterest Expense | $3.82M |
| Net Interest Income | $7.14M |
| Pre-tax Net Operating Income | $3.83M |
| Provision for Credit Losses | $68.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $13.89M |
| All Other Liabilities | $6.88M |
| Total Liabilities and Capital | $732.79M |
Securities
| Securities | $26.16M |
| Available-for-sale debt securities | $18.73M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| 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?
$732.79M as of the latest filing.
How much are First Freedom Bank's total deposits?
$623.08M in total deposits.
Where is First Freedom Bank located?
Lebanon, TN.
What is the Net Interest Margin?
4.08%.
How many domestic offices does it operate?
6.
When was it established?
04/03/2006.
What is the Return on Assets (ROA)?
1.73%.
How much are total loans and leases?
$610.26M (latest filing).
What is the total interest income (latest filing)?
$11.37M.