Total Assets
$422M
Total balance-sheet footings
FDIC Cert #15664 · Belington, West Virginia · Est. 1939
Freedom Bank, Inc. - FDIC Bank Health Profile
A community-scale look at Freedom Bank, Inc.'s own numbers, pulled straight from its quarterly FDIC Call Report.
- $422M
- Total assets
- A
- Health grade · Excellent
- 2.03%
- Return on assets
- 11.2%
- Tier 1 capital
Data updated July 2026
The verdict
Freedom Bank, Inc. earns a PlainBankData health grade of A (85/100), with well-capitalized at 11.17% Tier 1, profitable at 2.03% ROA, efficient (53% cost ratio).
- #2,014
- largest of 4,313 FDIC banks by assets
- 53rd
- percentile by asset size, nationally
- 11.17%
- Tier 1 ratio - above the 10% well-capitalized line
- 91st
- percentile for profitability (ROA), nationally
This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.
How Freedom Bank, Inc.'s 85/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
Freedom Bank, Inc.'s composite health score
Tier 1 Capital Ratio (11.17%) 28/40
Return on Assets (ROA) (2.03%) 25/25
Texas Ratio (1.77%) 20/20
Efficiency Ratio (53.15%) 12/15
85 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$375M
Customer-funded liabilities
Net Loans
$293M
Outstanding loan book
Net Income
$5M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where Freedom Bank, Inc. ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Freedom Bank, Inc.'s score of 85/100 falls in the highlighted band.
Freedom Bank, Inc.'s size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). Freedom Bank, Inc.'s $422M falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
11.17% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
11.17%
Texas Ratio
1.77%
Equity Capital
$44M
Profitability metrics
Return on Assets (ROA)
91st percentile nationally
2.03%
Return on Equity (ROE)
21.08%
Efficiency Ratio
53.15%
What the numbers say about Freedom Bank, Inc.
Freedom Bank, Inc. is an FDIC-insured institution (Certificate #15664) headquartered in Belington, West Virginia, established in 1939. It holds $422M in total assets - 2,014th of 4,313 FDIC-insured banks, $375M in customer deposits, and $293M in net loans. Capital-wise, the Tier 1 ratio sits at 11.17%, clearing the federal 10% well-capitalized bar; the Texas Ratio reads 1.77%, a healthy figure under the 50% watch level. That combination rolls up into a PlainBankData health grade of A (85 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
Freedom Bank, Inc. sits 14th of 42 banks headquartered in West Virginia by total assets, placing it in the middle tier of the state's banking landscape.
Income & expense breakdown
$12M
Interest Income
$5M
Non-Interest Income
$8M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. Freedom Bank, Inc. reports a Texas Ratio of 1.77% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
1.77% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in West Virginia by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Freedom Bank, Inc. (FDIC Cert #15664) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in West Virginia
All West Virginia banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| WesBanco Bank, Inc.Wheeling | $27.6B | A | 0.91% |
| City National Bank of West VirginiaCharleston | $6.7B | A | 2.01% |
| MVB Bank, IncFairmont | $3.3B | B | 1.46% |
| Clear Mountain BankBruceton Mills | $985M | A | 1.28% |
| Potomac BankCharles Town | $943M | A | 1.04% |
| Pendleton Community Bank, Inc.Franklin | $814M | B | 1.01% |
| CNB Bank, Inc.Berkeley Springs | $786M | B | 0.78% |
| Citizens Bank of West Virginia, Inc.Elkins | $705M | A | 1.59% |
Frequently asked questions
What is Freedom Bank, Inc.'s health grade?▼
Freedom Bank, Inc. receives a health grade of A (85/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is Freedom Bank, Inc.?▼
Freedom Bank, Inc. holds $422M in total assets and $375M in deposits, ranking 2,014th of 4,313 FDIC-insured banks by asset size. It is headquartered in Belington, West Virginia.
Is my money safe at Freedom Bank, Inc.?▼
Yes, deposits at Freedom Bank, Inc. (Certificate #15664) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is Freedom Bank, Inc.'s Tier 1 Capital Ratio?▼
Freedom Bank, Inc. has a Tier 1 Capital Ratio of 11.17%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for Freedom Bank, Inc.?▼
Freedom Bank, Inc. has a Texas Ratio of 1.77%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is Freedom Bank, Inc.?▼
Freedom Bank, Inc. has an Efficiency Ratio of 53.15%. Under the 60% mark counts as efficient, more of every revenue dollar reaches the bottom line. This metric compares non-interest expenses to total revenue.
What to do with this
How to read Freedom Bank, Inc.'s profile as a depositor or analyst.
- Freedom Bank, Inc.'s grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare Freedom Bank, Inc. against other West Virginia banks before moving funds. West Virginia banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.