Freedom Bank, Inc.
Belington, WV
IDRSSD: 629522
Total Assets
$422.26M
Latest filing
Total Deposits
$374.53M
Latest filing
Net Interest Margin
5.96%
Profitability
Routing numbers
Primary routing transit numbers associated with this institution.
2 routesView all→
051501325PHILIPPI, WV051504377PHILIPPI, WV
Key People
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Locations
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Main Office
Freedom Bank, Inc.
20 N Crim Ave
Belington, WV 26250
Full Service - Brick and Mortar
Updated 01/30/2026Established 05/10/1939FDIC Certificate 9940
Branches (9)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Freedom Bank, Inc. (Main) | 20 N Crim Ave | Belington, WV |
| BCBANK BRANCH | 27 Pike St | Philippi, WV |
| ELKINS BRANCH | 435 Beverly Pike | Elkins, WV |
| BRIDGEPORT BRANCH | 625 W Main St | Bridgeport, WV |
| BUCKHANNON BRANCH | 302 Rr 20, South Road | Buckhannon, WV |
| PHILIPPI BRANCH | 124 S Main St | Philippi, WV |
| NUTTER FORT OFFICE | 1105 Buckhannon Pike | Nutter Fort, WV |
| FAIRMONT BRANCH | 936 E Park Ave | Fairmont, WV |
Showing 7 of 9
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 | 47 |
| 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 | 01/30/2026 |
| CERT | 15664 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $422.26M |
| Total Deposits | $374.53M |
| Total Liabilities | $377.94M |
| Total Equity Capital | $44.33M |
| Net Income | $3.46M |
| Net Loans and Leases | $293.29M |
| Assets Per Employee ($Millions) | $5.09M |
| Bank Premises and Fixed Assets | $7.18M |
| Cash and Balances due from Depository Institutions | $25.64M |
| Deposits Held in Domestic Offices | $374.53M |
Key Performance Ratios
| Return on Assets (ROA) | 4.4% |
| Return on Equity (ROE) | 42.84% |
| Net Interest Margin | 5.96% |
| Efficiency Ratio | 40.32% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 1.26% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.497% |
| Earning Assets to total Assets | 91.82% |
Income and Expense
| Total Interest Income | $5.72M |
| Total Noninterest Income | $3.86M |
| Total Interest Expense | $1.41M |
| Total Noninterest Expense | $3.29M |
| Net Interest Income | $4.31M |
| Pre-tax Net Operating Income | $3.89M |
| Provision for Credit Losses | $988.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $215.00k |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $3.41M |
| Total Liabilities and Capital | $422.26M |
Securities
| Securities | $75.70M |
| Available-for-sale debt securities | $75.70M |
| Equity securities with readily determinable fair values not held for trading | — |
| 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.?
$422.26M as of the latest filing.
How much are Freedom Bank, Inc.'s total deposits?
$374.53M in total deposits.
Where is Freedom Bank, Inc. located?
Belington, WV.
What is the Net Interest Margin?
5.96%.
How many domestic offices does it operate?
5.
When was it established?
05/10/1939.
What is the Return on Assets (ROA)?
4.4%.
How much are total loans and leases?
$293.29M (latest filing).
What is the total interest income (latest filing)?
$5.72M.