# FREEDOM STATE BANK
FREEDOM, OK · FDIC certificate 12483 · asset band <$300M · latest filing 2014-03 · FAILED

**Verdict on the desk:** this could be *ordinary*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $22.8M | |
| Deposits | $20.9M | |
| Loans and leases | $11.4M | |
| Total equity | $1.9M | |
| Loans / deposits | 53.99% (p27 of band) | 68.03% |
| Liquid assets / assets | 36.18% (p50 of band) | |
| Uninsured deposits / deposits | 1.40% (p3 of band) | 12.24% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p19 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.37% (p14 of band) | 10.34% |
| Unrealized securities loss / equity | -1.64% (p31 of band) | -0.15% |
| AOCI / equity | 0.00% (p16 of band) | |
| ROA (annualized) | 0.61% (p41 of band) | 0.74% |
| Net interest margin | 3.47% (p43 of band) | 3.59% |
| Efficiency ratio | 79.70% (p61 of band) | |
| Noncurrent loans | 3.74% (p88 of band) | 0.94% |
| Net charge-offs (annualized) | -0.27% (p2 of band) | |
| Reserve coverage of noncurrent | 34.04% | |
| Real estate % of loans | 32% | |
| Construction % of loans | 0.00% (p7 of band) | |
| Auto loans | $752,000 (6.59% of loans; DQ 0.66%, NCO -0.04%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | 1.8% | |
| Employees | 5 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **reserve under noncurrent** (`aq_reserve`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 2 | capital falling |  |
| 2011-12 | 3 | noncurrent p90 |  |
| 2012-03 | 1 |  | capital falling, noncurrent p90 |
| 2012-06 | 2 | noncurrent p90 |  |
| 2012-09 | 1 |  | noncurrent p90 |
| 2012-12 | 4 | capital falling, noncurrent p90, uninsured deposits leaving |  |
| 2013-03 | 1 |  | capital falling, noncurrent p90, uninsured deposits leaving |
| 2013-06 | 1 |  |  |
| 2013-09 | 3 | deposits shrinking, assets shrinking |  |
| 2013-12 | 2 |  | assets shrinking |
| 2014-03 | 3 | capital falling, uninsured deposits leaving | deposits shrinking |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-11-01 [Featured Location for November 2025: Former Freedom State Bank - Oklahoma Film and Music Office](https://news.google.com/rss/articles/CBMisAFBVV95cUxOVnNZbXd3b2N5RlkxV3V4ZUFDWjVUY2dmdzhzaWIzdm1BYVFoTnljbFR5TFBTSG1NR3oycWZsUmNTSXYwdzlGaHpJUU1Bc0FjNGN6OWhTZmRFd3BxRV8xNVZEWGFvRnFfcVBYSTc3MFlzQ08wUkJVVHQ2aU9WSml6TktKZDJGQXBVb3M2UlE2TzZTMC1CWmxVY0JLS0gzTWsxM3F1UzRfNG5sMTNBellZbg?oc=5) · Oklahoma Film and Music Office
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2024-10-21 [Failed bank in Lindsay reopens as First Bank & Trust Co. - KFOR](https://news.google.com/rss/articles/CBMiigFBVV95cUxNS2JJc2Q0eno4dDBnSnFGZ1B6X1Y3MU9YM2hyc3lib0s1WG9ZcFA0cVpDcGNiYm1RbFpoRjZNaWM3djdSTHlsUXJma1ppNmcwYWM1VklZOG1NRkwzNkZuR1hERmJyTmRwM2prR0IwY0Y3YXYxd1p2ZzNZSDB5VDZ4YWtnNWgzWlBIb3fSAY8BQVVfeXFMTldsUU16WEh6SFNrUUNrTjFTbGs2ZHhBcFIteXlwRGZETGlNVjU1ajU5T1hvT3dLdnFfREVOSVB4c29ZbEdxY0kyamFNZlhHdW9WYUJCRTFMaXVzZFN5NGREZDM4ZlVLLXRKNXhGSGlKRUFmdUN2U1ItMllySWRBam9zQzNQOVJ4NEpyWTE2cG8?oc=5) · KFOR
- 2024-10-20 [Federal agency closes Oklahoma bank citing 'false and deceptive' records - The Oklahoman](https://news.google.com/rss/articles/CBMiyAFBVV95cUxQR3A1MEk5NXR3RWcxUGUyOGZPT2ViS2tpYWg3Ul9GeGRlWWlTeS0wUGVpTXl0anpLWXNEaWU3OU9xTVYxbmdZQVBOSHpiVkQ1VVFhVkFrandKaWI2TTJIM2JuUUVhMksxSWxYWHE1TzFIbkFlcS1LQjF5NmJCNnFyYkJweGV5QnU3V0Iwa0RKMVNMRE45RlpLVGxVYW1jT2N4MFYxQjBIb19fd2FlNW5ZUWtCUlZOYkZERFM2VlVNanpTcUpqeEd6Vg?oc=5) · The Oklahoman
- 2024-10-18 [First National Bank Of Lindsay Closes, FDIC Takes Over Deposits - News 9](https://news.google.com/rss/articles/CBMitwFBVV95cUxQQ2stbFZwRnZ3d01va25KQlQ4X0Z6TG9PUlJWSFVNd0YzcGpaZXl3R2duSGZ1TGh6SHYzRTFfWEZQSmlTb0VFVVpFcUUyTUNjdS1aYTF1RDE1N0w3UzQtNzU0SE5JVHV2a3U2Mnh2dmhWRHVzQTQ4ME5CUVBBWDJ6UDBvZ09FVmtodkZia1BEOTI3dXpNVjhCQ1dLN0l3czVEZkhfa3NiYmZieU9mOU5tMlF4V3Jtalk?oc=5) · News 9
- 2024-12-04 [List of Recent Failed Banks in the United States (2023-2024) - Norada Real Estate Investments](https://news.google.com/rss/articles/CBMia0FVX3lxTE4zaWFvQzhqc24zdE1QZ1haYnk2b1NsLWxONmNTTV9jVldzbjZqLUM1NV85U3dyaENaUGhWVm0wdllpUlNMZlIteHExdVUzS0JTdXlRWTJiUGJfaEtZSk5wcWhNNG1ZS0U5Y0Vz?oc=5) · Norada Real Estate Investments
- 2023-09-06 [Eric Smith Obituary (2023) - Woodward, OK - Billings Funeral Home - Woodward - legacy.com](https://news.google.com/rss/articles/CBMifkFVX3lxTE1IbF9PeVpxMjk2QjNNM01sMUNCOTBEUnpxNWc2UHVNUFNtSUJsVkM4ejNncEN4ZXd4SWtnWDM2NHpmaXFtNlh1WWM4azJmSHM5bEFhRkEwcUN0S2gtSmREeURKZHlsNjRKNzB6TzlTM1lLRUpaVktVaTBhNWZmdw?oc=5) · legacy.com
- 2025-12-06 [Prosecutors allege small town banker manipulated records on friends' loans - The Oklahoman](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPS3RKT3o0SXFOdElxeTJwVEVTR3l6WV91WnNCdDJUZ1ZSVlZxX0h3dHZkUnpMZkJwSmR0QS1QZGtlVjBDVFpwTmlaeXdHT0Jnc1NKRmpYR2lNc0tWdndTV0ZGZW9rSkxGdWN1RWtTUEZIQUlqM3BtMklWYm9wNUt6MlFEYlBrVUlRNnlmYmJ4VWNTNnVrLTYtU2lvQ0hDWnJjNUgzSFlPemR1QQ?oc=5) · The Oklahoman

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=12483 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/3.json (key "12483", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide