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Data through Q3 2026 · 4,200 institutions
Regulatory profile
Elkader, IA · FDIC certificate #11767
FREEDOMBANK is an FDIC-insured institution based in Elkader, IA (FDIC certificate #11767). In its Q3 2026 Call Report it reported total assets of $456M, total deposits of $382M and net loans of $354M. Its primary federal regulator is FDIC.
Plain-language readout
FREEDOMBANK has 3 quarters of reported history on file, from Q1 2026 to Q3 2026.
Total assets peaked at $456M in Q3 2026 and were lowest at $434M in Q2 2026.
Total deposits were highest at $382M in Q3 2026 and lowest at $368M in Q2 2026.
Over the whole period total assets rose 3.6%.
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| Q3 2026 | $456M | $382M | $354M | 1.27% | 11.88% | 3.51% |
| Q2 2026 | $434M | $368M | $331M | 1.22% | 11.20% | 3.52% |
| Q1 2026 | $440M | $376M | $328M | 1.32% | 12.37% | 3.54% |
History
| Line | Q2 2026 | Q1 2026 | Change | Change, percent |
|---|---|---|---|---|
| Assets | ||||
| Cash and balances due from depository institutions | $5.7M | $6.1M | -$467K | -7.6% |
| Federal funds sold | $3.3M | $5.7M | -$2.4M | -42.0% |
| Securities purchased under agreements to resell | $0K | $0K | $0K | n/a |
| Securities (available for sale at fair value plus held to maturity net of allowance) | $65.7M | $73.3M | -$7.6M | -10.3% |
| Equity securities with readily determinable fair values, not held for trading | $167K | $132K | +$35K | +26.5% |
| Loans and leases held for sale | $0K | $0K | $0K | n/a |
| Net loans and leases (after allowance) | $330.9M | $328.2M | +$2.7M | +0.8% |
| Trading assets | $0K | $0K | $0K | n/a |
| Premises and fixed assets | $4.0M | $4.0M | -$19K | -0.5% |
| Other real estate owned | $1.3M | $80K | +$1.2M | +1550.0% |
| Investments in unconsolidated subsidiaries and associated companies | $0K | $0K | $0K | n/a |
| Direct and indirect investments in real estate ventures | $0K | $0K | $0K | n/a |
| Intangible assets (goodwill, servicing, other) | $13.4M | $13.4M | $0K | 0.0% |
| All other assets | $9.4M | $8.9M | +$558K | +6.3% |
| Total assets | $433.9M | $439.8M | -$5.9M | -1.4% |
| Liabilities | ||||
| Total deposits | $367.9M | $375.8M | -$7.8M | -2.1% |
| Federal funds purchased | $0K | $0K | $0K | n/a |
| Securities sold under agreements to repurchase | $0K | $0K | $0K | n/a |
| Trading liabilities | $0K | $0K | $0K | n/a |
| Other borrowed money | $13.8M | $13.8M | $0K | 0.0% |
| Subordinated notes and debentures | $0K | $0K | $0K | n/a |
| All other liabilities | $3.2M | $2.7M | +$499K | +18.5% |
| Total liabilities | $385.0M | $392.3M | -$7.3M | -1.9% |
| Equity | ||||
| Perpetual preferred stock | $0K | $0K | $0K | n/a |
| Common stock | $78K | $78K | $0K | 0.0% |
| Surplus | $23.8M | $23.8M | $0K | 0.0% |
| Retained earnings | $34.2M | $32.9M | +$1.2M | +3.7% |
| Accumulated other comprehensive income | -$9.1M | -$9.2M | +$175K | +1.9% |
| Other equity components | $0K | $0K | $0K | n/a |
| Total equity capital | $48.9M | $47.5M | +$1.4M | +2.9% |
| Credit and capital | ||||
| Gross nonperforming assets | $2.2M | $1.8M | +$374K | +20.6% |
| Adjusted nonperforming assets | $1.7M | $1.8M | -$112K | -6.2% |
| Tangible equity plus allowance | $39.3M | $37.8M | +$1.4M | +3.8% |
| Texas ratio (gross) | 5.57% | 4.79% | +0.78 pts | See points |
| Texas ratio (adjusted) | 4.33% | 4.79% | -0.46 pts | See points |
| Texas ratio (adjusted, with performing restructured) | 4.33% | 4.79% | -0.46 pts | See points |
| Tier 1 capital to risk-weighted assets | 14.15% | 14.03% | +0.12 pts | See points |
| Common equity Tier 1 to risk-weighted assets | 14.15% | 14.03% | +0.12 pts | See points |
| Tier 2 capital to risk-weighted assets | 1.17% | 1.17% | -0.01 pts | See points |
| Total risk-based capital to risk-weighted assets | 15.32% | 15.21% | +0.11 pts | See points |
| Tier 1 leverage (approximate) | 10.70% | 10.33% | +0.38 pts | See points |
| Construction and land loans to total capital | 22.89% | 21.67% | +1.22 pts | See points |
| Commercial real estate to total capital | 74.19% | 72.07% | +2.12 pts | See points |
| Dividend payout, year to date | 0.00% | 0.00% | 0.00 pts | See points |
| Securities unrealized gain (loss) to Tier 1 capital | -20.89% | -21.88% | +0.99 pts | See points |
| Liquidity | ||||
| Core deposits | $339.1M | $348.2M | -$9.1M | -2.6% |
| Non-core funding | $42.6M | $41.4M | +$1.3M | +3.1% |
| Loans to core deposits | 98.67% | 95.30% | +3.37 pts | See points |
| Loans to deposits | 90.94% | 88.32% | +2.63 pts | See points |
| Brokered deposits share of deposits | 0.27% | 0.27% | +0.01 pts | See points |
| Pledged securities share of securities | 28.28% | 26.21% | +2.07 pts | See points |
| Loans pledged, share of loans | 32.12% | 31.71% | +0.42 pts | See points |
| Volatile liabilities | $42.6M | $41.4M | +$1.3M | +3.1% |
| Earnings | ||||
| Earnings before provision, year to date | $2.9M | $1.6M | +$1.3M | +80.5% |
| Earnings before provision, single quarter | $1.3M | $1.6M | -$315K | -19.5% |
| Provision for credit losses, year to date | $150K | $75K | +$75K | +100.0% |
| Yield and cost | ||||
| Yield on loans and leases | 6.06% | 6.07% | -0.01 pts | See points |
| Yield on interest-bearing balances due from banks | 4.08% | 3.05% | +1.04 pts | See points |
| Total interest income to average assets | 5.01% | 4.99% | +0.03 pts | See points |
| Cost of interest-bearing transaction accounts | 0.37% | 0.26% | +0.10 pts | See points |
| Cost of savings and money market deposits | 1.26% | 1.22% | +0.05 pts | See points |
| Cost of time deposits | 3.81% | 3.81% | -0.01 pts | See points |
| Total interest expense to average assets | 1.76% | 1.69% | +0.08 pts | See points |
Dollar lines show the change in dollars and percent. Ratio lines show the change in percentage points. Earnings lines marked year to date restart each January; the single-quarter line removes that restart.
Recent activity
No reviewed changes are available for this institution in the tracked window. This does not establish that no event occurred.
Ten-year database
| Quarter | Assets | Deposits | Net loans | ROA | ROE | NIM |
|---|---|---|---|---|---|---|
| 2026-09-30 | $456M | $382M | $354M | 1.27% | 11.88% | 3.51% |
| 2026-06-30 | $434M | $368M | $331M | 1.22% | 11.20% | 3.52% |
| 2026-03-31 | $440M | $376M | $328M | 1.32% | 12.37% | 3.54% |
Branch detail unavailable. Locations are not inferred from headquarters.
Annual FDIC Summary of Deposits, by state, as of the 2025 snapshot effective 2025-06-30. Deposits and share are as of that retained annual snapshot, not a quarterly balance — do not compare directly to Call Report deposit figures reported elsewhere on this profile.
| State | Deposits | Market share | Rank | Year over year |
|---|---|---|---|---|
| IA | $373M | 0.29% | 74 | Continuing · +0.00 pp |
Source: FDIC Summary of Deposits, annual release. Market share divides this institution's reported branch deposits by all retained deposits in the same state for the same year — not a quarterly balance, current rate, or organic-growth attribution. Inspect year-over-year market change →
Workforce history unavailable: no compatible reported FTE or office observation. Missing values are not zero.
No matched ownership, transformations, or reviewed revisions are available. Absence of a match is not proof that no change occurred.