C
FreedomBank
Elkader,  IA
Rating Date
August 2026
Risk Based
Capital Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings FreedomBank
Elkader, IA
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Rating C
Asset Quality Index 6.50
Capitalization Index 9.60
Liquidity Index 1.30
Profitability Index 4.60
Stability Index 4.30
Company Info FreedomBank
Elkader, IA
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FDIC Number 11767
Phone Number (563) 245-2522
Website www.freedombnk.com/
Asset Quality FreedomBank
Elkader, IA
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1-Year Asset Growth -0.44%
5-Year Asset Growth -0.69%
5-Year Charge-Offs to Average Loans 0.02%
Charge-Offs to Average Loans 0.02%
Non-Performing Assets to Assets 0.33%
Non-Performing Loans to Capital 0.78%
Non-Performing Loans to Loans 0.03%
Balance Sheet FreedomBank
Elkader, IA
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Total Assets 433.88M
Total Deposits 367.94M
Capital and Reserves FreedomBank
Elkader, IA
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Capital 48.92M
Leverage Ratio 10.70
Loan Loss Reserves to Loans 1.11%
Risk-Based Capital Ratio 15.32
Liquidity FreedomBank
Elkader, IA
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Hot Money Ratio 23.23%
Liquidity Ratio 14.62%
Profitability FreedomBank
Elkader, IA
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5-Year Return on Average Assets 1.17%
Net Income 2.66M
Net Interest Spread 3.41%
Operating Profit to Average Assets 1.27%
Overhead Efficiency Ratio 60.94%
Return on Assets 1.22%
Return on Equity 11.20%