# FREEDOM BANK
HUNTINGBURG, IN · FDIC certificate 35221 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 0 (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 | $585.7M | |
| Deposits | $505.7M | |
| Loans and leases | $502.6M | |
| Total equity | $69.0M | |
| Loans / deposits | 97.92% (p86 of band) | 82.04% |
| Liquid assets / assets | 12.27% (p9 of band) | |
| Uninsured deposits / deposits | 33.36% (p75 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 1.54% (p38 of band) | |
| FHLB advances / assets | 1.54% | |
| Tier 1 leverage | 12.62% (p76 of band) | 10.81% |
| Unrealized securities loss / equity | -7.58% (p52 of band) | -8.10% |
| AOCI / equity | -0.26% (p55 of band) | |
| ROA (annualized) | 2.26% (p92 of band) | 1.28% |
| Net interest margin | 3.61% (p34 of band) | 3.91% |
| Efficiency ratio | 42.91% (p8 of band) | |
| Noncurrent loans | 0.23% (p35 of band) | 0.43% |
| Net charge-offs (annualized) | 0.01% (p49 of band) | |
| Reserve coverage of noncurrent | 632.24% | |
| Real estate % of loans | 87% | |
| Construction % of loans | 29.21% (p35 of band) | |
| Auto loans | $12.8M (2.56% of loans; DQ 0.79%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 4.0% | |
| Employees | 66 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | liquid assets <10% |  |
| 2011-09 | 2 | loans exceed deposits |  |
| 2011-12 | 1 | capital falling | liquid assets <10%, loans exceed deposits |
| 2012-03 | 1 |  |  |
| 2012-06 | 0 |  | capital falling |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2013-09 | 2 |  |  |
| 2013-12 | 2 |  |  |
| 2014-03 | 0 |  | loans exceed deposits, liquid assets <10% |
| 2014-06 | 0 |  |  |
| 2014-09 | 2 | loans exceed deposits, liquid assets <10% |  |
| 2014-12 | 2 |  |  |
| 2015-03 | 1 | charge-offs p90 | loans exceed deposits, liquid assets <10% |
| 2015-06 | 1 |  |  |
| 2015-09 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2015-12 | 2 |  | charge-offs p90 |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | capital falling |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 2 |  | capital falling |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 | capital falling | loans exceed deposits, liquid assets <10% |
| 2019-09 | 1 | liquid assets <10% | capital falling |
| 2019-12 | 0 |  | liquid assets <10% |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | capital falling |  |
| 2020-12 | 2 | charge-offs p90 |  |
| 2021-03 | 0 |  | capital falling, charge-offs p90 |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 0 |  |  |
| 2023-03 | 1 | deposits shrinking |  |
| 2023-06 | 0 |  | deposits shrinking |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 1 | NIM <2.5% |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 0 |  | NIM <2.5% |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | loans exceed deposits |  |
| 2026-03 | 0 |  | loans exceed deposits |
| 2026-06 | 0 |  |  |

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

- 2026-06-23 [Freedom Bank Appoints Purnachandra Dokku to Board of Directors - PR Newswire](https://news.google.com/rss/articles/CBMiugFBVV95cUxNOVA5U0VoTkVtaFZuWTdKSk1IOGxMOTNpa3Y5WTYxOGFjaXFVYVNadklBNlJqcE9YUTEtMXhXbU5odTdaVG5RYnhPUjdXRTQxdlRDZ3lINEl2RzRSQXpuZmQtU2o5LVQ0U1Y2eWR5Vzd4clpjRDZlVVNZUGhabDdvc3pOanVudktxR2FESTZTd0pGd2hKdTJxckppYTRVSjdrdjZld05FYUwwLVJiMkFzbUlYbWs1TVdoSFE?oc=5) · PR Newswire
- 2026-07-07 [Freedom Bank names Petrie as executive vice president and chief lending officer - ROI-NJ](https://news.google.com/rss/articles/CBMivwFBVV95cUxNeXlCRTg3U29wQ0hXR3ROVjFudzZfeEFIVWNiTldQbDFBNUZMR0E4VXAwSjdkQXJXNEJ4bWJCR3FRY0llNmw5QjF2ZjR2UGdkNHA5a3ZjeFB3blZ4ZGsxd1VoMGo0QlBfQk13NmxTZGdjbVVvM3NncnhjWXFfSGhmZGxXbFgzX0JNNHVCREFEdG84bDFMb1JhYmp2cjI5bFZNYmN4ZUxYelFaakZwcTNLUExKZWFnNFM3d3VLZlNQQQ?oc=5) · ROI-NJ
- 2026-08-31 [“We Can Compete With Revolut” — Timur Turlov on Freedom Holding’s Global Ambitions - Impakter](https://news.google.com/rss/articles/CBMiogFBVV95cUxQUVNmbEpkYXR3Tks1Q2plRk9wN3dJS0FrcVpUTURxTHhYWGpWNkE1YnRXXzdPV2s0QXhrdjR4RU5GbDVrRUhFMnpXZkhiRTNnOExkR3hUeFhrS2s0cTdWeXZPSUYzZnhWWUpxV1l1QkZ5UjBucmxqMFNpTXVNVGY2S1Atd3pScWlvXzliVGZTZFRmVlUxQWV2V1hEaUJBTk9Sd2c?oc=5) · Impakter
- 2026-08-24 [https://marylandreporter.com/2025/10/25/freedom-bank-wins-an-award-in-dubai - MarylandReporter.com](https://news.google.com/rss/articles/CBMiggJBVV95cUxPalRMYlIwX2hrLU9TMUJTT25HVXN2Ty1kckhOTGx3TDZkS05jREIwV2hxUDRENkE2WHJFWTZrQ0ZYWEgwZVdja1lseW45QTJuVlQzakZlUmp4T0NYbnBvNFUwOTVfZkhKeWplQm1LYy00NWNERlBVb0IzV19WYzlQeWZwcTZlQy1ZZXhSUk1qb1VMX3VSTnFXT2JFUzZJWTB0MnBPRzdLem1NTXVieXhNdG5MbXN6SENzQmVsUWRkdjJfSklscUtSSHlyZ2lVTmVYczV0XzJCa1M1RWtfRnVoV2tobTN1SWpkdXZGaFBlYUhWNHlOTWw4TTB5NXdKdUdtTkE?oc=5) · MarylandReporter.com
- 2026-06-16 [Kazakh group seeks to build 50mn-customer European digital bank - TheBanker.com](https://news.google.com/rss/articles/CBMiekFVX3lxTE5ObmNpQTdKeFZsSXI2NGhDeFdxSklzc0ItTmNLU2ZQU1NfSkI2ektsbXh6Y1Zoc3U3N2lKSVZIRFNlNGhoeUFNeG5tTEotdTltZ0VzMmp3ZWRabVpabEcya20tbVU3LUVycm1ZYXJTU2R5UFdQZUpXRlZ3?oc=5) · TheBanker.com
- 2026-07-01 [Freedom Holding Corp. Receives BRSA Approval to Acquire Turkish Bank - GlobeNewswire](https://news.google.com/rss/articles/CBMi1gFBVV95cUxNX2hLR2wtOHh6a0kxWlV1V0NETGN5M0pnNzAycEh6TUVaWHlwanJMd0dqaEF2OE9GWlVmZnJUbXFjUGNQYk5MSFBkc0VlanpQZjRHUFBod3gzM2xVRkxIUW1CTEdnQWE2R0MwdWFXRTRkMXNfM2M1RWhnQnlXZ2JqMEFtTV9haE5McG5yN01pbFY2ZUZjOE9KNTduQVVMdlBIb2EyYWJqWG9VWjhXU05pdVZtaWt4LUZQUEFJdEloTV92VkxWMHRKelFxc1ZpTFp2N01YdnpR?oc=5) · GlobeNewswire
- 2026-07-31 [Freedom Holding Corp. Completes Acquisition of Turkish Bank - ACCESS Newswire](https://news.google.com/rss/articles/CBMi2AFBVV95cUxNU3EwWnFyQWdQazBkSGdUMXZ0b3BsNURxT3FzMzFHM0otMUJYS3EwXzFPTWZSaUJtWWwzVjYtUnlCblItd1hkY2dQWnNPRWxpSHJXay03QmZvMkp2M3dJa2tRaUNHTTVJWnVOR1RuNXdoV0hyT0NCb2dsQVdjOGhQVmVsU2tWVWExWkJaU2FYSUpBbm03S0pkWnI2ZUtvLXNwd0lhYk55SFp3OXRsUGl3dGlyUlBvRmo2UkFwdWplSFgwcm1iOHRJV2ZfaDM0Smk0RVFvbEVYOEc?oc=5) · ACCESS Newswire
- 2026-06-25 [Freedom Bank Welcomes Sheila K. Stabile to Board of Directors – Company Announcement - Financial Times](https://news.google.com/rss/articles/CBMimAFBVV95cUxOdE4xRjNlUXlxbk5GYVFTaGJydEFlZlVSZWNLTDRaaHJHOEVIMWowSUNfQ2h2NkFTNXNHX0lYQkRCU0JpcF9IeGRsTzVyVS15NmFOZXl0Y1ZITi1qR190Y0xKWXAyal9Vc2RtTkQ2U1h4T3QxLVV2V0Y4YU5CY0R4QUowUThMdjVVVEkzdXpvd1ZDeVdXN1paZQ?oc=5) · Financial Times

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35221 (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/21.json (key "35221", 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