Visbanking Logo
Skip to main content

The Freedom Bank Of Virginia

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

Vital Signs Report — 2024-Q4

Per-quarter snapshot for 2024-Q4: composite Vital Signs Score, all five pillars, and ranked Watch Items.

Synthesis

Vital Signs Score
72
/ 100
StableAs of 2024-Q4QoQ -6

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

Quarterly Headline

2024-Q4

Bank #3019982 2024-Q4 Vital Signs Score: 72/100 — overall stable. Strongest pillar: Securities (strong). Weakest pillar: Reserves (risk).

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

Top 3 Watch Items

  1. info
    Brokered deposits above 30%
    Liquidity — Brokered 33.5% of deposits (threshold 30%).
  2. info
    ALLL / NPL below 50%
    Reserves — Coverage 47.8% (regulatory soft-warning level 50%).
  3. info
    True Loss Coverage Ratio below 50%
    Reserves — True coverage 47.8% (Adjusted NPL + Performing Mods denominator).

What changed this quarter

Compared to Q3 2024:
↓ -6 ptscomposite
  • Liquidity
    ↓ -2
  • Securities
    — —
  • Capitalization
    ↑ +2
  • Asset Quality
    ↓ -7
  • Reserves
    ↓ -27

The five pillars

Liquidity

WatchQoQ -2
57
Sub-score

Liquidity is deteriorating: brokered 33.5%, loans/deposits 84.2%, cash 2.6% of assets.

Cash / Assets
2.63%
Loans / Deposits
84.24%
Brokered %
33.50%

Watch Items

  • infoBrokered deposits above 30% — Brokered 33.5% of deposits (threshold 30%).
  • infoCash / Assets below 3% — Cash 2.63% of assets (threshold 3%).

Securities

Strong
100
Sub-score

Securities profile is strong: securities 1.9% of assets.

MtM Loss / Tier 1
—
SVB watch metric
Securities / Assets
1.87%
No watch items at this period.

Capitalization

StrongQoQ +2
93
Sub-score

Capital position is strong: Tier 1 RBC 13.57%, CET1 13.57%, leverage 10.39%.

Tier 1 RBC
13.57%
CET1
13.57%
Leverage
10.39%
No watch items at this period.

Asset Quality

StableQoQ -7
78
Sub-score

Asset quality is stable: Adjusted NPL 1.78%, Texas Ratio 11.1%, NCO YTD 1.05%.

Adjusted NPL
1.78%
Govt-guarantees stripped
Texas Ratio
11.1%
NCO YTD
1.05%
30-89 PD
0.76%
Band 0.3% / 3.0%
90+ PD
0.00%
Band 0.1% / 2.0%

Watch Items

  • infoNet charge-offs elevated — NCO YTD 1.05% of loans.

Reserves

RiskQoQ -27
20
Sub-score

Reserves are weak: ALLL 0.84% of loans, coverage 47.8%, true coverage 47.8%.

ALLL / Loans
0.84%
Coverage
47.8%
True Loss Coverage
47.8%

Watch Items

  • infoALLL / NPL below 50% — Coverage 47.8% (regulatory soft-warning level 50%).
  • infoTrue Loss Coverage Ratio below 50% — True coverage 47.8% (Adjusted NPL + Performing Mods denominator).

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