Freedom Bank of Oklahoma

Freedom Bank of Oklahoma is headquartered in Tulsa and is the 200^th largest bank in the state of Oklahoma. It is also the 6,577^th largest bank in the nation. It was established in 1963 and as of March of 2012, it had grown to 22 employees at 2 locations. Freedom Bank of Oklahoma has a 3-star health rating.

Freedom Bank of Oklahoma Routing Number: 103101013

Data for Q1 2012

Institution Statistics Freedom Bank of Oklahoma FDIC Certificate # 18856 BankRate Report View Year Established 1963 Employees 22 Primary Regulator FED Assets and Liabilities Assets $42.82 million Loans $28.00 million Deposits $37.81 million Equity Capital $4.98 million Loan Loss Allowance $637,000 Unbacked Noncurrent Loans $1.82 million Real Estate Owned $1.14 million Historic Data - March 2011 Assets $42.87 million Equity Capital $4.96 million Loan Loss Allowance $585,000 Unbacked Noncurrent Loans $1.25 million Real Estate Owned $1.56 million Profit Margin - Quarterly Net Interest Margin 4.41% Return on Assets 0.42% Return on Equity 3.55% Interest Income $483,000

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 of Oklahoma had $2.96 million in non-current loans and owned real-estate with $5.62 million in equity and loan loss allowances on hand to cover it. This gives Freedom Bank of Oklahoma a Texas Ratio of 52.69% 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 of Oklahoma held steady from 50.48% as of March 31, 2011 to 52.69% as of March 31, 2012, resulting in a negative change of 4.38%. This indicates that the balance sheet and financial strength for Freedom Bank of Oklahoma has held steady in recent periods. Deposit Growth In the past year, Freedom Bank of Oklahoma has decreased its total deposits by $-38,000, resulting in -0.1% 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 of Oklahoma has shown is 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 of Oklahoma has $42.82 million in assets with $5.62 million in equity, resulting in a capitalization level of 13.12%, which is excellent.

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