Freedom Bank (TX)

Overview / Commentary
902 E Riley St
Freer, TX 78357

Freedom Bank (TX) is headquartered in Alamo and is the 322nd largest bank in the state of Texas. It is also the 3,774th largest bank in the nation. It was established in 1958 and as of June of 2022, it had grown to 32 employees at 3 locations. Freedom Bank (TX) has an A+ health rating.


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Health Grade Components

FDIC Certificate #17881
Year Established1958
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-0.06%
Return on Equity - YTD-0.4%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$122.0MM$81.6MM
LoansQ2 2022vs Q2 2021$62.1MM$47.9MM
DepositsQ2 2022vs Q2 2021$95.9MM$72.3MM
Equity CapitalQ2 2022vs Q2 2021$25.9MM$8.7MM
Loan Loss AllowanceQ2 2022vs Q2 2021$571.00K$440.00K
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$0$171.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$0

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Freedom Bank (TX) Locations
Brush Country Bank533 North Alamo RoadAlamo, TX 78516
Brush Country Bank - Mcallen Office1301 East NolanaMcallen, TX 78501
Freer Branch405 S. NortonFreer, TX 78357

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