Freedom Security Bank

Freedom Security Bank is headquartered in Coralville and is the 226^th largest bank in the state of Iowa. It is also the 5,543^rd largest bank in the nation. It was established in 1899 and as of September of 2011, it had grown to 22 employees at 2 locations. Freedom Security Bank's savings rates are 92% higher than the national average, and it has a 4-star health rating.

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Freedom Security Bank Savings Account Rates

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Data for Q3 2011

Institution Statistics Freedom Security Bank FDIC Certificate # 10491 BankRate Report View Year Established 1899 Employees 22 Primary Regulator FED Assets and Liabilities Assets $78.77 million Loans $43.81 million Deposits $64.52 million Equity Capital $9.44 million Loan Loss Allowance $1.11 million Unbacked Noncurrent Loans $1.12 million Real Estate Owned $22,000 Historic Data - September 2010 Assets $81.29 million Equity Capital $9.22 million Loan Loss Allowance $1.01 million Unbacked Noncurrent Loans $431,000 Real Estate Owned $1.45 million Profit Margin - Quarterly Net Interest Margin 3.48% Return on Assets 0.02% Return on Equity 0.16% Interest Income $2.71 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 September 30, 2011 Freedom Security Bank had $1.14 million in non-current loans and owned real-estate with $10.55 million in equity and loan loss allowances on hand to cover it. This gives Freedom Security Bank a Texas Ratio of 10.82% 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 Security Bank decreased significantly from 18.40% as of September 30, 2010 to 10.82% as of September 30, 2011, resulting in a positive change of 41.21%.This indicates that the balance sheet and financial strength for Freedom Security Bank has improved significantly in recent periods. Deposit Growth In the past year, Freedom Security Bank has decreased its total deposits by -$1.29 million, resulting in -1.96% 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 Security 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 Security Bank has $78.77 million in assets with $10.55 million in equity, resulting in a capitalization level of 13.39%, which is excellent.

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