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 The Freedom Bank of Virginia
The Freedom Bank of Virginia
| RSSD ID 3019982 | CERTIFICATE 57184 | ABA NUMBER 56009123 |
| 10555 Main St |
Quarter Ended : |
2025-03-31 |
| Fairfax, Virginia, 22030 |
Updated : |
2025-04-29 |
| freedom.bank |
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| Institution Profile |
| Year Opened : |
2001 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
5 |
Number of Employees : |
88 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,081,002 |
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Total Interest Income | 15,580 |
| Total Liabilities | 979,166 |
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Total NonInterest Income | 978 |
| Total Bank Equity Capital | 101,836 |
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Total Interest Expense | 7,665 |
| Total Deposits | 911,396 |
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Total NonInterest Expense | 5,702 |
| Net Loans & Leases | 746,210 |
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Net Income | 2,419 |
| Loan Loss Allowance | 6,592 |
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Net Charge Offs | 260 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 125,172 |
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Total loans | 740,829 |
| Total assets for the leverage ratio | 1,100,328 |
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Loans secured by real estate: | 583,380 |
| Tier 1 Leverage Ratio | 10.76 |
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Commercial and industrial loans | 133,619 |
| Tier 1 Capital Ratio | 14.14 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 14.95 |
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Loans to individuals - Other | 23,531 |
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:· The Freedom Bank of Virginia
