FDIC Cert #35031 · West Des Moines, Iowa · Est. 1999

Freedom Financial Bank - FDIC Bank Health Profile

A community-scale look at Freedom Financial Bank's own numbers, pulled straight from its quarterly FDIC Call Report.

Compiled from official public sources by the publisher.
$274M
Total assets
B
Health grade · Good
1.24%
Return on assets
10.0%
Tier 1 capital

Data updated July 2026

The verdict

Freedom Financial Bank earns a PlainBankData health grade of B (70/100), with 10.00% Tier 1 capital, profitable at 1.24% ROA, efficient (50% cost ratio).

#2,626
largest of 4,313 FDIC banks by assets
39th
percentile by asset size, nationally
10.00%
Tier 1 ratio - below the 10% well-capitalized line
60th
percentile for profitability (ROA), nationally

PlainBankData assigns this grade from public Call Report data; it isn't an official FDIC rating, and your deposits remain insured to $250,000 per depositor, per ownership category no matter the score.

FDIC Call Report plate

Cert 35031 · IA B · 70/100

GRADE-B · MID-PACK · PHOTO-FINISH · TIER1-ADEQ · TEXAS-CLEAN · ROA-PAR · SIZE-MID · BOOK-FULL

  • GRADE-B B (70/100)
  • MID-PACK #3035/4307
  • PHOTO-FINISH Blue Ridge Bank, Na… · VA
  • TIER1-ADEQ 10.0% Tier 1
  • TEXAS-CLEAN 0.0% Texas
  • ROA-PAR 1.24% ROA
  • SIZE-MID $100M–1B
  • BOOK-FULL 9/9 fields

Nearest health peer outside Iowa: Blue Ridge Bank, National Association, VA (±0 health pts)

Instrument codes from this bank’s FDIC Call Report sheet: grade band, health peer rank, photo-finish gap, Tier 1, Texas Ratio, ROA, size band, and book completeness. Not an official FDIC rating.

Health-score neighbourhood around Freedom Financial Bank

Lowest and highest poles plus nearest scored peers outside Iowa, not a full FDIC corpus board reprint.

Morgan Stanley Bank,… · UT ·…100/100Blue Ridge Bank, Na… · VA ·…70/100First Community Bank… · IL ·…70/100Freedom Financial Bank · IA …70/100Metropolitan Commerc… · NY ·…70/100Southern First Bank · SC · n…70/100Tioga-Franklin Savin… · PA ·…0/100
PlainBankData health composite · neighbourhood around Freedom Financial Bank · July 2026

What Freedom Financial Bank's Call Report plate shows

Freedom Financial Bank (FDIC Cert #35031) carries a PlainBankData health grade of B at 70/100, built only from this bank's own Call Report Tier 1 capital, ROA, Texas Ratio, and efficiency inputs. On the scored corpus it sits at health rank #3,035 of 4,307. Tier 1 capital prints at 10.00%, missing the 10% well-capitalized line. The Texas Ratio is 0.00%, inside the sub-50% band analysts treat as healthy. Return on assets is 1.24%. Balance-sheet scale is $274M, 2,626th of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is Blue Ridge Bank, National Association (VA), tied on the composite. These are instrument codes from the Call Report sheet, not an official FDIC CAMELS rating, and insured deposits stay protected to $250,000 per depositor per ownership category regardless of grade. Compare the plate stamps against the score breakdown and the health-score neighbourhood before treating any single ratio as decisive.

State failure history around Freedom Financial Bank

4 FAILURE resolutions in Iowa since 2000 (3 since 2008)

Freedom Financial Bank's home state sits in the middle band of post-2000 FAILURE counts (4; 3 since the 2008 crisis window). Recent named resolutions below are Failed Bank List rows for this state only; Freedom Financial Bank remains an active FDIC-insured reporter.

  • CITIZENS BANK SAC CITY, IA 2023 → IOWA TRUST & SAVINGS BANK
  • POLK COUNTY BANK JOHNSTON, IA 2011 → GRINNELL STATE BANK
  • VANTUS BANK SIOUX CITY, IA 2009 → GREAT SOUTHERN BANK

Source: FDIC Failed Bank List (resolution_type=FAILURE only; ASSISTANCE excluded). See the depositor failures guide and Iowa banks.

How Freedom Financial Bank's 70/100 score adds up

Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.

0/100100/100National avg77/10070/100
Freedom Financial Bank's composite health score
Tier 1 Capital Ratio (10.00%) 18/40
Return on Assets (ROA) (1.24%) 20/25
Texas Ratio (0.00%) 20/20
Efficiency Ratio (50.28%) 12/15

70 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.

Balance sheet at a glance

Total Assets

$274M

Total balance-sheet footings

Total Deposits

$202M

Customer-funded liabilities

Net Loans

$230M

Outstanding loan book

Net Income

$3M

Bottom-line earnings

Capital adequacy vs federal thresholds

0% 2% 4% 6% 8% 10% 12% CET1 (≥6.5% req.) Tier 1 (≥8.0% req.) Total (≥10.0% req.) 8.6% 10% 11.4%
Basel III capital ratios - Freedom Financial Bank

Where Freedom Financial Bank ranks

Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. Freedom Financial Bank's score of 70/100 falls in the highlighted band.

Freedom Financial Bank: health score vs. every FDIC-insured bank

0-100 composite health score, FDIC Call Reports

70 30th percentile higher than 30% of 4,307 FDIC-insured banks

0–10: 3 FDIC-insured banks (0%). Below this entry. 10–20: 6 FDIC-insured banks (0%). Below this entry. 20–30: 26 FDIC-insured banks (1%). Below this entry. 30–40: 36 FDIC-insured banks (1%). Below this entry. 40–50: 98 FDIC-insured banks (2%). Below this entry. 50–60: 279 FDIC-insured banks (6%). Below this entry. 60–70: 777 FDIC-insured banks (18%). Below this entry. 70–80: 1,030 FDIC-insured banks (24%). This entry sits in this band. 80–90: 1,237 FDIC-insured banks (29%). Above this entry. 90–100: 815 FDIC-insured banks (19%). Above this entry. Freedom Financial Bank 0 100 every FDIC-insured bank with a health score, bucketed by value

Each bar is a band; taller bars hold more FDIC-insured banks. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FDIC Call Reports · July 2026

Freedom Financial Bank'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 Financial Bank's $274M falls in the highlighted band.

Safety ratios for Freedom Financial Bank

Tier 1 capital ratio
Well-capitalized 10%

10.00% of risk-weighted assets - below the federal "well-capitalized" threshold of 10%.

Tier 1 Capital Ratio
10.00%
Texas Ratio
0.00%
Equity Capital
$25M

What these ratios mean →

Earnings posture at Freedom Financial Bank

Return on Assets (ROA)
60th percentile nationally
1.24%
Return on Equity (ROE)
13.43%
Efficiency Ratio
50.28%

What these mean →

Income & expense at Freedom Financial Bank

$15M
Interest Income
$136K
Non-Interest Income
$4M
Non-Interest Expense

Asset quality, Texas Ratio detail

The Texas Ratio compares troubled assets to the capital available to absorb losses. Freedom Financial Bank reports a Texas Ratio of 0.00% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.

Texas Ratio
Caution 50%

0.00% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.

FDIC Failed Bank List → View Freedom Financial Bank on FDIC BankFind →

Top banks in Iowa by total assets

Largest banks headquartered in Iowa
  1. 1
    Principal Bank $9.3B

    Des Moines, IA · Grade A

  2. 2
    Bankers Trust Company $7.5B

    Des Moines, IA · Grade A

  3. 3
    MidWestOne Bank $6.3B

    Iowa City, IA · Grade A

  4. 4
    Hills Bank and Trust Company $4.6B

    Hills, IA · Grade A

  5. 5
    West Bank $4.1B

    West Des Moines, IA · Grade A

Top 5 banks in Iowa ranked by total assets · FDIC Call Report Q4 2025.

Nationwide banks with similar total assets

Nearest other-state banks with ≥$10M assets ($274M here), outside Iowa so the neighborhood is not state containment.

Citizens State Bank $274M · TX The Bank of Forest $274M · MS FNB Bank, Inc. $274M · WV The Fort Jennings State Bank $274M · OH

Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) Freedom Financial Bank (FDIC Cert #35031) - 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.

Freedom Financial Bank Call Report profile · FDIC Failed Bank List · Iowa FAILURE history · Informational only, not financial advice; consult a licensed professional before acting. See the disclaimer and methodology.

Other banks in Iowa

All Iowa banks →
BankAssetsGradeROA
Principal BankDes Moines $9.3B A 1.24%
Bankers Trust CompanyDes Moines $7.5B A 1.10%
MidWestOne BankIowa City $6.3B A 1.12%
Hills Bank and Trust CompanyHills $4.6B A 1.33%
West BankWest Des Moines $4.1B A 0.94%
Northwest BankSpencer $3.0B B 1.03%
Cedar Rapids Bank and Trust CompanyCedar Rapids $2.9B A 2.83%
Quad City Bank and Trust CompanyBettendorf $2.7B A 1.30%