Freedom Bank
Alamo, TX
IDRSSD: 432058
Total Assets
$299.42M
Latest filing
Total Deposits
$243.53M
Latest filing
Net Interest Margin
4.17%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Freedom Bank
533 N Alamo Rd
Alamo, TX 78516
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/12/1958FDIC Certificate 11820
Branches (4)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| Freedom Bank (Main) | 533 N Alamo Rd | Alamo, TX |
| MCALLEN OFFICE BRANCH | 1301 E Nolana Ave | Mcallen, TX |
| FREER BRANCH | 405 S. Norton | Freer, TX |
| FREEDOM BANK - SAN DIEGO BRANCH | 511 E Gravis St | San Diego, TX |
| EDINBURG NORTH BRANCH | 4120 N Interstate 69c | Edinburg, TX |
Showing 4 of 4
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
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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 | 07/12/1958 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 78516 |
| State and County Number | 48215 |
| Subchapter S Corporations | Yes |
| Trust Powers | N/A |
| Federal Reserve ID Number | 11 |
| 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 | McAllen-Edinburg-Mission, TX |
Operational Info
| Number of Employees | 52 |
| Domestic Offices | 5 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 09/06/2023 |
| Date of Deposit Insurance | 07/12/1958 |
| Primary Insurance Agency | DIF |
| Website | www.freedombanktexas.com |
| Data Updated | 11/14/2025 |
| CERT | 17881 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $299.42M |
| Total Deposits | $243.53M |
| Total Liabilities | $260.66M |
| Total Equity Capital | $38.76M |
| Net Income | $938.00k |
| Net Loans and Leases | $171.20M |
| Assets Per Employee ($Millions) | $5.54M |
| Bank Premises and Fixed Assets | $16.39M |
| Cash and Balances due from Depository Institutions | $0 |
| Deposits Held in Domestic Offices | $243.53M |
Key Performance Ratios
| Return on Assets (ROA) | 1.31% |
| Return on Equity (ROE) | 9.77% |
| Net Interest Margin | 4.17% |
| Efficiency Ratio | 65.76% |
| Tier 1 Risk-Based Capital Ratio | 0% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.13% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.945% |
| Earning Assets to total Assets | 90.57% |
Income and Expense
| Total Interest Income | $4.55M |
| Total Noninterest Income | $369.00k |
| Total Interest Expense | $1.85M |
| Total Noninterest Expense | $2.04M |
| Net Interest Income | $2.70M |
| Pre-tax Net Operating Income | $938.00k |
| Provision for Credit Losses | $96.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $743.00k |
| Other borrowed funds | $15.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $1.98M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $2.13M |
| Total Liabilities and Capital | $299.42M |
Securities
| Securities | $43.77M |
| Available-for-sale debt securities | $43.77M |
| 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?
$299.42M as of the latest filing.
How much are Freedom Bank's total deposits?
$243.53M in total deposits.
Where is Freedom Bank located?
Alamo, TX.
What is the Net Interest Margin?
4.17%.
How many domestic offices does it operate?
5.
When was it established?
07/12/1958.
What is the Return on Assets (ROA)?
1.31%.
How much are total loans and leases?
$171.20M (latest filing).
What is the total interest income (latest filing)?
$4.55M.