# FREEDOM BANK OF VIRGINIA
FAIRFAX, VA · FDIC certificate 57184 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (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 | $1.04B | |
| Deposits | $875.0M | |
| Loans and leases | $777.5M | |
| Total equity | $104.1M | |
| Loans / deposits | 87.94% (p52 of band) | 87.10% |
| Liquid assets / assets | 19.37% (p43 of band) | |
| Uninsured deposits / deposits | 24.89% (p30 of band) | 30.76% |
| Brokered deposits | 20.40% | |
| Wholesale funding | 24.73% (p93 of band) | |
| FHLB advances / assets | 4.34% | |
| Tier 1 leverage | 11.06% (p61 of band) | 10.50% |
| Unrealized securities loss / equity | -19.63% (p20 of band) | -7.75% |
| AOCI / equity | -0.05% (p69 of band) | |
| ROA (annualized) | 0.45% (p7 of band) | 1.26% |
| Net interest margin | 2.90% (p13 of band) | 3.70% |
| Efficiency ratio | 78.98% (p92 of band) | |
| Noncurrent loans | 3.26% (p97 of band) | 0.51% |
| Net charge-offs (annualized) | 1.22% (p97 of band) | |
| Reserve coverage of noncurrent | 31.76% | |
| Real estate % of loans | 75% | |
| Construction % of loans | 13.08% (p12 of band) | |
| Auto loans | $687,000 (0.09% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | -4.8% | |
| Employees | 101 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)
- **expense ratio p90** (`earn_efficiency`)
- **noncurrent p90** (`aq_noncurrent`)
- **charge-offs p90** (`aq_nco`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | capital falling |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 | uninsured deposits leaving | capital falling |
| 2012-12 | 1 |  | reserve under noncurrent |
| 2013-03 | 2 | brokered >10%, capital falling | uninsured deposits leaving |
| 2013-06 | 3 | reserve under noncurrent |  |
| 2013-09 | 2 |  | reserve under noncurrent |
| 2013-12 | 1 |  | capital falling |
| 2014-03 | 2 | construction >100% equity |  |
| 2014-06 | 2 |  |  |
| 2014-09 | 3 | wholesale funding >15% |  |
| 2014-12 | 3 |  |  |
| 2015-03 | 2 |  | wholesale funding >15% |
| 2015-06 | 4 | wholesale funding >15%, capital falling |  |
| 2015-09 | 4 |  |  |
| 2015-12 | 2 |  | construction >100% equity, capital falling |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 4 | capital falling, construction >100% equity |  |
| 2016-12 | 4 | loans exceed deposits | capital falling |
| 2017-03 | 1 |  | wholesale funding >15%, construction >100% equity, loans exceed deposits |
| 2017-06 | 0 |  | brokered >10% |
| 2017-09 | 2 | brokered >10%, capital falling |  |
| 2017-12 | 0 |  | brokered >10%, capital falling |
| 2018-03 | 1 | expense ratio p90 |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 5 | reserve under noncurrent, deposits shrinking, assets shrinking, uninsured deposits leaving |  |
| 2018-12 | 4 |  | reserve under noncurrent |
| 2019-03 | 3 |  | uninsured deposits leaving |
| 2019-06 | 3 | loans exceed deposits | assets shrinking |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 | reserve under noncurrent | deposits shrinking |
| 2020-03 | 2 | wholesale funding >15% | expense ratio p90, reserve under noncurrent |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | capital falling |  |
| 2021-06 | 2 |  | loans exceed deposits |
| 2021-09 | 4 | uninsured deposits >50%, brokered >10% |  |
| 2021-12 | 3 | reserve under noncurrent | capital falling, brokered >10% |
| 2022-03 | 5 | brokered >10%, noncurrent p90 |  |
| 2022-06 | 5 |  |  |
| 2022-09 | 6 | capital falling |  |
| 2022-12 | 5 |  | noncurrent p90 |
| 2023-03 | 5 | charge-offs p90, uninsured deposits leaving | uninsured deposits >50%, reserve under noncurrent |
| 2023-06 | 5 |  |  |
| 2023-09 | 5 | securities losses >30% of equity | charge-offs p90 |
| 2023-12 | 7 | noncurrent p90, charge-offs p90, reserve under noncurrent | securities losses >30% of equity |
| 2024-03 | 6 |  | uninsured deposits leaving |
| 2024-06 | 4 |  | capital falling, charge-offs p90 |
| 2024-09 | 4 | uninsured deposits leaving | noncurrent p90 |
| 2024-12 | 5 | noncurrent p90, charge-offs p90 | uninsured deposits leaving |
| 2025-03 | 3 |  | noncurrent p90, charge-offs p90 |
| 2025-06 | 3 |  |  |
| 2025-09 | 5 | noncurrent p90, assets shrinking |  |
| 2025-12 | 4 |  | assets shrinking |
| 2026-03 | 6 | capital falling, charge-offs p90 |  |
| 2026-06 | 6 | expense ratio p90 | capital falling |

## 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
- 2026-02-26 [Fairfax's Freedom Bank relocating corporate HQ to Tysons - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxOU3ExTkN2cjBMWTNTODYwYWtOdEJxd21LT09LWWZLaUZTc2tqVEtOTWdWMU1VOWlsU3RBdFJIYkk0anM3dEVQRnRFamZqUnk4Zi1SaHVGQzJkcG9ZLVEwR1BEaDFKNXBsMGdNamZrUDVybUQydnlYVWN6MTRBenNHbTNqWmVvTTIxdlNnVnpUS3hoQjlVU0FEZ2w3bGtvSHZXS2IwZ3FILVdZUEJlMWxv?oc=5) · The Business Journals
- 2026-04-21 [Freedom Bank opens new branch in Tysons, relocates corporate offices - InsideNoVa.com](https://news.google.com/rss/articles/CBMi7wFBVV95cUxOQTY1RzhrQ3hMa2hzRDVFMWVxR2k2TnJIRDRYQlV4c3pIUWJpQlFERlR5ajhPWXBKWTRCalN6elB6VDhUWENjV1k0Y3lyMnAtRFlGTzEzcW9sdzNxY1RiTVoxaWNoLVpwdjctSDBjM3BNQWlMa2cxYWI1UWgwWVRmd1BiY2NMWFZiNlI5cnVkS255RHhUdU9zSklrMDBNR1JYS3BUX0xwaG04RmhzYlpERHlJQVV6ZUZLM0hWOWVvVWs5TTZWYmhqcjg0WTlkaDBzVjlyM1JBdVJ4eWh3TXFpb1gxV1lTblROUkd3eGFQNA?oc=5) · InsideNoVa.com
- 2026-04-20 [Freedom Bank opens new branch in Tysons Corner, expanding footprint in Northern Virginia. - Pluang](https://news.google.com/rss/articles/CBMiowFBVV95cUxONVhDYVplQ0I5Y1FGd2tuNnk3MHh1RVpBMlAyTGx2UlkxaVNibmJLTERuLXc3LU81X3ZnOXZTZnpwOENnQ2diekM0bFhZQ2Z5MWlWb09DZjJIbkNZc0dHak5vUVpHSlBibThvMHFSQmdNWDhsQS1wSUZwaldJOXFxMFoxbDJNb0FjejBOVzdOak9wWTlwRU9tbG00eF8wbHVWTGc0?oc=5) · Pluang
- 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
- 2026-04-20 [Freedom Bank Opens New Branch in Tysons and Relocates Corporate Offices - PR Newswire](https://news.google.com/rss/articles/CBMixgFBVV95cUxPOG1hcV9yYVdWNVNVN2drWk5xZ0hLU1JPMmh6ZGpnSWpnalNfXzR1cmc5a3ByWDZPSFVRem54YWMyaVpQV0QwX0hFYnBBRERGamg4ZFd0T3NoSnp1d2dTMTFXUVJZQ29JSGhudjdtRTVka3BnM0xDc2UwMGRYMHhnRnBCQk4xZ1NKZklueGhxTGVnREwyNWJ0RVhYT1pXMXVjM0k1XzZQTVJsa3ZWOFBfeXlleHVySXBOT1lXTmVwYWdBTGVyQ1E?oc=5) · PR Newswire
- 2024-09-09 [The Freedom Bank of Virginia Appoints Victoria Loucks to the Federal Reserve Bank of Richmond's PAC - citybiz](https://news.google.com/rss/articles/CBMi0wFBVV95cUxNcktmaEdyLXhIY1g2NW9JVE9WODA5X0E0c2tFZlZHbDFneEEyYWhtbVNsdVc2TmFBV3hzQmJGVU5XVFdVMXY4cWRzb2RpcHdGYmV2OW9MNGUtbE5OUUxPYlhNUjQ5WG1IQ01wUXdQTW5zMXFFekZ5TWNWaVNjbjRnQVhvMl9DU2I1V1JzdkVfemZNSzNTMlZiQzhYOE4yV3liaDk5TUpnczdmcHk0YXZZOHIxLXYxcVNSQ1BNNXpmOFlNNHFHcURFQXdYb1prazRNRW9Z?oc=5) · citybiz
- 2025-03-25 [Freedom Bank taps former EagleBank exec to lead small-business banking - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxPd1VSZ01pQklqVWdteld6UGJXbmJIZW41QkdadmVNZlpQMnFfdk9BSnFaRUpUbVYzVHR6MXhIdEd5LWt3eWJqd2RLQTdDZWFHMllyNmNfSWdETUx4bnpicmxrZVBSTHpwUTlBLVVja2g5Q19BQkZLSndiVzgyVFJMM1F6Y3BIVERacXVfMjQwUlNoaGJiamNFV3pOQWowa0pGZUUwSzZn?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57184 (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/32.json (key "57184", 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