Freedom Bank, Inc.

Freedom Bank, Inc. is headquartered in Belington and is the 34^th largest bank in the state of West Virginia. It is also the 3,644^th largest bank in the nation. It was established in 1939 and as of March of 2012, it had grown to 52 employees at 5 locations. Freedom Bank, Inc. has a 3-star health rating.

Freedom Bank, Inc. Routing Number: 051504377

Data for Q1 2012

Institution Statistics Freedom Bank, Inc. FDIC Certificate # 15664 BankRate Report View Year Established 1939 Employees 52 Primary Regulator FDIC Assets and Liabilities Assets $163.13 million Loans $113.36 million Deposits $144.86 million Equity Capital $11.52 million Loan Loss Allowance $3.33 million Unbacked Noncurrent Loans $4.32 million Real Estate Owned $1.20 million Historic Data - March 2011 Assets $168.05 million Equity Capital $13.24 million Loan Loss Allowance $3.34 million Unbacked Noncurrent Loans $8.56 million Real Estate Owned $453,000 Profit Margin - Quarterly Net Interest Margin 3.99% Return on Assets 0.25% Return on Equity 3.59% Interest Income $1.78 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Freedom Bank, Inc. had $5.52 million in non-current loans and owned real-estate with $14.86 million in equity and loan loss allowances on hand to cover it. This gives Freedom Bank, Inc. a Texas Ratio of 37.17% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Freedom Bank, Inc. decreased slightly from 55.91% as of March 31, 2011 to 37.17% as of March 31, 2012, resulting in a positive change of 33.52%.This indicates that the balance sheet and financial strength for Freedom Bank, Inc. has improved slightly in recent periods. Deposit Growth In the past year, Freedom Bank, Inc. has increased its total deposits by $1.81 million, resulting in 1.27% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Freedom Bank, Inc. has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Freedom Bank, Inc. has $163.13 million in assets with $14.86 million in equity, resulting in a capitalization level of 9.11%, which is average.

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