Freedom Bank, Inc.
Overview / Commentary
Freedom Bank, Inc. is headquartered in Belington and is the 34th largest bank in the state of West Virginia. It is also the 3,491st largest bank in the nation. It was established in 1939 and as of June of 2016, it had grown to 55 employees at 5 locations. Freedom Bank, Inc. has a B health rating.
Health
B
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 15664 |
| Year Established | 1939 |
| Employees | 55 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.43% |
| Return on Equity - YTD | 4.39% |
| Annual Interest Income | $2.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $155.4MM$150.6MM |
| Loans | Q2 2016vs Q2 2015 | $118.3MM$120.0MM |
| Deposits | Q2 2016vs Q2 2015 | $133.4MM$133.0MM |
| Equity Capital | Q2 2016vs Q2 2015 | $15.5MM$14.9MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $2.5MM$2.7MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $3.2MM$5.5MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $1.7MM$1.9MM |
Rates
Sorry, we do not have rate data for Freedom Bank, Inc..
Locations
| Freedom Bank, Inc. Locations | ||
|---|---|---|
| Phillipi Branch | 124 South Main Street | Philippi, WV 26416 |
| Freedom Bank, Inc. | 315 Crim Avenue | Belington, WV 26250 |
| Bridgeport Branch | 625 West Main Street | Bridgeport, WV 26330 |
| Elkins Branch | Route 219/250 South | Elkins, WV 26241 |
| Buckhannon Branch | 302 Rr 20, South Road | Buckhannon, WV 26201 |