Freedom Financial Bank

Freedom Financial Bank is headquartered in West Des Moines and is the 126^th largest bank in the state of Iowa. It is also the 3,822^nd largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 16 employees at 2 locations. Freedom Financial Bank has a 4-star health rating.

Freedom Financial Bank Routing Number: 073922704

Data for Q1 2012

Institution Statistics Freedom Financial Bank FDIC Certificate # 35031 BankRate Report View Year Established 1999 Employees 16 Primary Regulator FED Assets and Liabilities Assets $153.28 million Loans $124.03 million Deposits $122.92 million Equity Capital $16.55 million Loan Loss Allowance $1.21 million Real Estate Owned $1.98 million Historic Data - March 2011 Assets $159.00 million Equity Capital $16.56 million Loan Loss Allowance $1.39 million Real Estate Owned $1.89 million Profit Margin - Quarterly Net Interest Margin 3.52% Return on Assets 1.09% Return on Equity 10.18% Interest Income $1.83 million

Institution Health Overall Score: 4 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 Financial Bank had $1.98 million in non-current loans and owned real-estate with $17.76 million in equity and loan loss allowances on hand to cover it. This gives Freedom Financial Bank a Texas Ratio of 11.15% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Freedom Financial Bank held steady from 10.52% as of March 31, 2011 to 11.15% as of March 31, 2012, resulting in a negative change of 5.96%. This indicates that the balance sheet and financial strength for Freedom Financial Bank has held steady in recent periods. Deposit Growth In the past year, Freedom Financial Bank has decreased its total deposits by -$5.92 million, resulting in -4.6% 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 Financial Bank has shown is below 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 Financial Bank has $153.28 million in assets with $17.76 million in equity, resulting in a capitalization level of 11.59%, which is above average.

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