Total Assets
$1.1B
Total balance-sheet footings
FDIC Cert #57184 · Fairfax, Virginia · Est. 2001
The Freedom Bank of Virginia - FDIC Bank Health Profile
A community-scale look at The Freedom Bank of Virginia's own numbers, pulled straight from its quarterly FDIC Call Report.
- $1.1B
- Total assets
- C
- Health grade · Fair
- 0.19%
- Return on assets
- 13.8%
- Tier 1 capital
Data updated July 2026
The verdict
The Freedom Bank of Virginia earns a PlainBankData health grade of C (60/100), with well-capitalized at 13.84% Tier 1, 0.19% ROA, 68% efficiency ratio.
- #988
- largest of 4,313 FDIC banks by assets
- 77th
- percentile by asset size, nationally
- 13.84%
- Tier 1 ratio - above the 10% well-capitalized line
- 8th
- 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.
How The Freedom Bank of Virginia's 60/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
The Freedom Bank of Virginia's composite health score
Tier 1 Capital Ratio (13.84%) 35/40
Return on Assets (ROA) (0.19%) 7/25
Texas Ratio (23.14%) 10/20
Efficiency Ratio (68.41%) 8/15
60 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$915M
Customer-funded liabilities
Net Loans
$753M
Outstanding loan book
Net Income
$2M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where The Freedom Bank of Virginia ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. The Freedom Bank of Virginia's score of 60/100 falls in the highlighted band.
The Freedom Bank of Virginia'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). The Freedom Bank of Virginia's $1.1B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
13.84% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
13.84%
Texas Ratio
23.14%
Equity Capital
$102M
Profitability metrics
Return on Assets (ROA)
8th percentile nationally
0.19%
Return on Equity (ROE)
1.97%
Efficiency Ratio
68.41%
What the numbers say about The Freedom Bank of Virginia
The Freedom Bank of Virginia is an FDIC-insured institution (Certificate #57184) headquartered in Fairfax, Virginia, established in 2001. It holds $1.1B in total assets - 988th of 4,313 FDIC-insured banks, $915M in customer deposits, and $753M in net loans. On safety, its Tier 1 capital ratio of 13.84% is above the 10% well-capitalized threshold, and its Texas Ratio of 23.14% sits in the healthy range below 50%. It earns a PlainBankData health grade of C (60/100), a composite of Tier 1 capital, ROA, the Texas Ratio, and efficiency. All of it traces back to the bank's own quarterly FDIC Call Report filing.
Within Virginia, The Freedom Bank of Virginia ranks 27th of 56 FDIC-insured banks by asset size -- a mid-sized institution, neither among the state's largest nor its smallest.
Income & expense breakdown
$59M
Interest Income
$5M
Non-Interest Income
$23M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. The Freedom Bank of Virginia reports a Texas Ratio of 23.14% - within the generally healthy range below the 50% level analysts watch.
Texas Ratio
Caution 50%
23.14% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Virginia by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) The Freedom Bank of Virginia (FDIC Cert #57184) - 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 Virginia
All Virginia banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| Capital One, National AssociationMclean | $658.5B | B | 0.55% |
| HSBC Bank USA, National AssociationTysons | $165.3B | A | 0.92% |
| Atlantic Union BankRichmond City | $37.5B | A | 0.99% |
| United BankFairfax | $33.5B | A | 1.50% |
| TowneBankPortsmouth | $19.7B | B | 0.90% |
| Burke & Herbert Bank & Trust CompanyAlexandria | $7.9B | A | 1.69% |
| Carter Bank & TrustMartinsville | $4.8B | D | 0.72% |
| The First Bank and Trust CompanyLebanon | $4.2B | A | 1.62% |
Frequently asked questions
What is The Freedom Bank of Virginia's health grade?▼
The Freedom Bank of Virginia receives a health grade of C (60/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank meets regulatory minimums but has some areas of financial weakness to monitor.
How large is The Freedom Bank of Virginia?▼
The Freedom Bank of Virginia holds $1.1B in total assets and $915M in deposits, ranking 988th of 4,313 FDIC-insured banks by asset size. It is headquartered in Fairfax, Virginia.
Is my money safe at The Freedom Bank of Virginia?▼
Yes, deposits at The Freedom Bank of Virginia (Certificate #57184) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is The Freedom Bank of Virginia's Tier 1 Capital Ratio?▼
The Freedom Bank of Virginia has a Tier 1 Capital Ratio of 13.84%. This exceeds the 10% threshold for "well-capitalized" status under federal banking regulations.
What is the Texas Ratio for The Freedom Bank of Virginia?▼
The Freedom Bank of Virginia has a Texas Ratio of 23.14%. A ratio below 50% is generally considered healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is The Freedom Bank of Virginia?▼
The Freedom Bank of Virginia has an Efficiency Ratio of 68.41%. Above 60% means a larger share of revenue goes to operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read The Freedom Bank of Virginia's profile as a depositor or analyst.
- The Freedom Bank of Virginia's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare The Freedom Bank of Virginia against other Virginia banks before moving funds. 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.