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Freedom Financial Bank
West Des Moines, IA · FDIC Certificate #35031 · Chartered 02/2
Total assets
$269.25M
Total deposits
$206.40M
Total equity
$25.03M
Net loans
$222.40M
Branches (offices)
2
Net income (YTD)
$1.81M
Rank: #2,616 of 4,213 U.S. banks by assets · #119 of 225 in Iowa. Assets changed 1.2% and deposits 3.9% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.33% |
| Return on equity | 14.47% |
| Net interest margin (YTD) | 3.08% |
| Equity to assets | 9.29% |
| Tier 1 leverage ratio | 9.30% |
| Uninsured deposits (share of deposits) | 29.6% |
| Noncurrent loans (share of loans) | 0.00% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 107.8% |
| Real estate loans (share of loans) | 80.7% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $179.48M | 80.7% | |
| Commercial & industrial | $31.21M | 14.0% | |
| Consumer / individual | $50.00K | 0.0% | |
| Construction & development | $8.51M | 3.8% | |
| Agricultural | $3.88M | 1.7% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $237.99M | $181.75M | $1.07M | $20.50M |
| Jun 2023 | $244.50M | $181.58M | $1.61M | $22.11M |
| Jun 2024 | $268.48M | $197.84M | $1.91M | $23.94M |
| Jun 2025 | $266.13M | $198.61M | $1.67M | $24.72M |
| Jun 2026 | $269.25M | $206.40M | $1.81M | $25.03M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Iowa | $206.40M | 2 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $206.40M.
Similar-sized banks
The First National Bank And Trust Company Of Broken Arrow ($269.48M) · Arlo Bank ($269.10M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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