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The Freedom Bank Of Virginia

IDRSSD: 3019982
Total Assets
—
Latest filing
Total Deposits
—
Latest filing
Net Interest Margin
—
Profitability

Vital Signs Report — 2024-Q1

Per-quarter snapshot for 2024-Q1: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
77
/ 100
StableAs of 2024-Q1QoQ -2

Weighted composite of five pillars (Liquidity, Securities, Capitalization, Asset Quality, Reserves). Missing pillars are dropped from the denominator. See methodology footer.

Quarterly Headline

2024-Q1

Bank #3019982 2024-Q1 Vital Signs Score: 77/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (watch).

Liquidity:Watch
Securities:Strong
Capitalization:Strong
Asset Quality:Stable
Reserves:Watch

Top 3 Watch Items

No watch items detected this quarter — every pillar within band.

What changed this quarter

Compared to Q4 2023:
↓ -2 ptscomposite
  • Liquidity
    ↓ 0
  • Securities
    — —
  • Capitalization
    ↑ +3
  • Asset Quality
    ↓ -6
  • Reserves
    ↓ -10

The five pillars

Liquidity

WatchQoQ 0
59
Sub-score

Liquidity is deteriorating: brokered 28.2%, loans/deposits 84.4%, cash 3.2% of assets.

Cash / Assets
3.18%
Loans / Deposits
84.41%
Brokered %
28.25%
No watch items at this period.

Securities

Strong
100
Sub-score

Securities profile is strong: securities 1.9% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
1.91%
No watch items at this period.

Capitalization

StrongQoQ +3
94
Sub-score

Capital position is strong: Tier 1 RBC 12.92%, CET1 12.92%, leverage 10.25%.

Tier 1 RBC
12.92%
CET1
12.92%
Leverage
10.25%
No watch items at this period.

Asset Quality

StableQoQ -6
76
Sub-score

Asset quality is stable: Adjusted NPL 1.75%, Texas Ratio 10.7%, NCO YTD 0.55%.

Adjusted NPL
1.75%
Govt-guarantees stripped
Texas Ratio
10.7%
NCO YTD
0.55%
30-89 PD
1.81%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%
No watch items at this period.

Reserves

WatchQoQ -10
49
Sub-score

Reserves are deteriorating: ALLL 1.24% of loans, coverage 71.5%, true coverage 71.5%.

ALLL / Loans
1.24%
Coverage
71.5%
True Loss Coverage
71.5%
No watch items at this period.

Methodology + sources

Vital Signs Score
Composite of five pillar sub-scores, each 0–100. Weights: Liquidity 20%, Securities 15%, Capitalization 25%, Asset Quality 25%, Reserves 15%. See functions/src/vitalSignsScore.ts for the complete formula and band anchors.
Period addressing
Per-quarter URLs accept "YYYY-Q{n}" (canonical), "YYYYqQ" (compact form), or "YYYY-MM-DD" quarter-end dates. All forms canonicalize to the same snapshot.
Source data
FFIEC Call Report Schedules RC, RC-A, RC-B, RC-E, RC-M, RC-N, RC-R, RI, and RI-B Pt I/II via CallReport_Financials + CallReport_FdicData (Visbanking nightly ingest).

Five-pillar framework follows industry-standard bank-health analytical conventions. Composite scoring is Visbanking's own.

Generated: 2026-05-14 02:45:22 UTC