Freedom Bank

Alamo, TX
IDRSSD: 432058
Total Assets
$301.60M
Latest filing
Total Deposits
$246.99M
Latest filing
Net Interest Margin
4.06%
Profitability

Routing numbers

Primary routing transit numbers associated with this institution.

114923329ALAMO, TX

Key People

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Locations

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

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Main Office
Freedom Bank
533 N Alamo Rd
Alamo, TX 78516
Full Service - Brick and Mortar
Updated 01/30/2026Established 07/12/1958FDIC Certificate 11820

Branches (5)

Page 1 of 1
NameAddressCity / State
Freedom Bank (Main)533 N Alamo RdAlamo, TX
MCALLEN OFFICE BRANCH1301 E Nolana AveMcallen, TX
FREER BRANCH405 S. NortonFreer, TX
FREEDOM BANK - SAN DIEGO BRANCH511 E Gravis StSan Diego, TX
EDINBURG NORTH BRANCH4120 N Interstate 69cEdinburg, TX
FREEDOM BANK - MISSION BRANCH800 E Tom Landry StMission, TX
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 Date07/12/1958
Community BankYes
Ownership TypeNot Mutual
ZIP78516
State and County Number48215
Subchapter S CorporationsYes
Trust PowersN/A
Federal Reserve ID Number11
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictDallas
Core Based Statistical Area NameMcAllen-Edinburg-Mission, TX

Operational Info

Number of Employees54
Domestic Offices5
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date09/06/2023
Date of Deposit Insurance07/12/1958
Primary Insurance AgencyDIF
Websitewww.freedombanktexas.com
Data Updated01/30/2026
CERT17881
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$301.60M
Total Deposits$246.99M
Total Liabilities$264.19M
Total Equity Capital$37.41M
Net Income$650.00k
Net Loans and Leases$172.86M
Assets Per Employee ($Millions)$5.39M
Bank Premises and Fixed Assets$17.66M
Cash and Balances due from Depository Institutions$0
Deposits Held in Domestic Offices$246.99M

Key Performance Ratios

Return on Assets (ROA)0.87%
Return on Equity (ROE)6.83%
Net Interest Margin4.06%
Efficiency Ratio77.63%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.14%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets12.405%
Earning Assets to total Assets90.19%

Income and Expense

Total Interest Income$4.66M
Total Noninterest Income$155.00k
Total Interest Expense$1.91M
Total Noninterest Expense$2.28M
Net Interest Income$2.75M
Pre-tax Net Operating Income$526.00k
Provision for Credit Losses$106.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$822.00k
Other borrowed funds$15.00M
Federal Funds Sold & Reverse Repurchase Agreement$904.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.20M
Total Liabilities and Capital$301.60M

Securities

Securities$53.21M
Available-for-sale debt securities$53.21M
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?
$301.60M as of the latest filing.
How much are Freedom Bank's total deposits?
$246.99M in total deposits.
Where is Freedom Bank located?
Alamo, TX.
What is the Net Interest Margin?
4.06%.
How many domestic offices does it operate?
5.
When was it established?
07/12/1958.
What is the Return on Assets (ROA)?
0.87%.
How much are total loans and leases?
$172.86M (latest filing).
What is the total interest income (latest filing)?
$4.66M.