Freedom Bank, Inc.
Belington, WV
IDRSSD: 629522
Total Assets
$207.44M
Latest filing
Total Deposits
$184.57M
Latest filing
Net Interest Margin
4.08%
Profitability
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
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 05/10/1939 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 26250 |
| State and County Number | 54001 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | Atlanta |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 48 |
| Domestic Offices | 5 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 10/03/2025 |
| Date of Deposit Insurance | 05/10/1939 |
| Primary Insurance Agency | DIF |
| Website | www.freedombankwv.com |
| Data Updated | 11/14/2025 |
| CERT | 15664 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $207.44M |
| Total Deposits | $184.57M |
| Total Liabilities | $187.10M |
| Total Equity Capital | $20.35M |
| Net Income | $534.00k |
| Net Loans and Leases | $121.42M |
| Assets Per Employee ($Millions) | $4.41M |
| Bank Premises and Fixed Assets | $2.63M |
| Cash and Balances due from Depository Institutions | $33.40M |
| Deposits Held in Domestic Offices | $184.57M |
Key Performance Ratios
| Return on Assets (ROA) | 1.03% |
| Return on Equity (ROE) | 10.95% |
| Net Interest Margin | 4.08% |
| Efficiency Ratio | 68.76% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.12% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 9.808% |
| Earning Assets to total Assets | 92.1% |
Income and Expense
| Total Interest Income | $2.27M |
| Total Noninterest Income | $337.00k |
| Total Interest Expense | $335.00k |
| Total Noninterest Expense | $1.56M |
| Net Interest Income | $1.94M |
| Pre-tax Net Operating Income | $651.00k |
| Provision for Credit Losses | $60.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $333.00k |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.52M |
| Total Liabilities and Capital | $207.44M |
Securities
| Securities | $40.24M |
| Available-for-sale debt securities | $40.24M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Freedom Bank, Inc.?
$207.44M as of the latest filing.
How much are Freedom Bank, Inc.'s total deposits?
$184.57M in total deposits.
Where is Freedom Bank, Inc. located?
Belington, WV.
What is the Net Interest Margin?
4.08%.
How many domestic offices does it operate?
5.
When was it established?
05/10/1939.
What is the Return on Assets (ROA)?
1.03%.
How much are total loans and leases?
$121.42M (latest filing).
What is the total interest income (latest filing)?
$2.27M.