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 Freedom Bank, Inc.
Freedom Bank, Inc.
| RSSD ID 629522 | CERTIFICATE 15664 | ABA NUMBER 51504377 |
| 20 N Crim Ave |
Quarter Ended : |
2025-03-31 |
| Belington, West Virginia, 26250 |
Updated : |
2025-04-29 |
| www.freedombankwv.com |
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| Institution Profile |
| Year Opened : |
1939 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
All Other Under 1 Billion |
| Number of Offices : |
5 |
Number of Employees : |
48 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 208,702 |
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Total Interest Income | 2,172 |
| Total Liabilities | 189,929 |
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Total NonInterest Income | 370 |
| Total Bank Equity Capital | 18,773 |
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Total Interest Expense | 344 |
| Total Deposits | 187,371 |
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Total NonInterest Expense | 1,515 |
| Net Loans & Leases | 128,317 |
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Net Income | 516 |
| Loan Loss Allowance | 1,751 |
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Net Charge Offs | (8) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 130,883 |
| Total assets for the leverage ratio | 205,539 |
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Loans secured by real estate: | 115,758 |
| Tier 1 Leverage Ratio | 11.68 |
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Commercial and industrial loans | 6,877 |
| Off Balance Sheet Exposures (%) | 4.01 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 6,974 |
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:· Freedom Bank, Inc.
