Freedombank
Elkader, IA · Cert 11767 · Peer group: banks under $1B in assets in IA (n=134-135) · Freedombank Shares Employee STK Ownership Plan
State charter, non-member · FDIC · 4 branches
Q2 2026
$433.9MAssets
$334.6MLoans
$367.9MDeposits
$48.9MEquity
Executive Summary
- Strongest standing: total risk-based capital ratio outperforms 65% of banks under $1B in assets in IA (rank 47 of 135).
- Widest gap: return on assets trails 68% of banks under $1B in assets in IA (rank 92 of 135).
- Overall: at or above the peer median on 4 of 9 directional measures.
Return on Assets
1.00%
Rank 92 of 135
Net Interest Margin
3.39%
Rank 69 of 135
Efficiency Ratio
60.94%
Rank 91 of 135
Equity / Assets
11.27%
Rank 63 of 135
Non-interest income vs. expense
Unfavorable gap of $8.5M · efficiency ratio beats 33% of banks under $1B in assets in IA | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.00% | 0.92% | 1.19% | 1.47% | Beats 32% | 92 / 135 | |
| Return on Equity | 8.88% | 7.99% | 10.26% | 13.14% | Beats 36% | 87 / 135 | |
| Net Interest Margin | 3.39% | 2.95% | 3.41% | 3.73% | Beats 49% | 69 / 135 | |
| Efficiency Ratio | 60.94% | 50.61% | 57.35% | 63.29% | Beats 33% | 91 / 135 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.26% | 0.03% | 0.51% | 1.26% | Beats 60% | 54 / 134 | |
| Net Charge-Offs / Loans | 0.01% | n/a | 0.01% | 0.03% | Beats 44% | 76 / 134 | |
| Capital |
| Tier 1 Capital Ratio | 14.15% | 11.23% | 13.31% | 15.45% | Beats 59% | 55 / 135 | |
| Total Risk-Based Capital Ratio | 15.32% | 11.61% | 14.06% | 16.47% | Beats 65% | 47 / 135 | |
| Equity / Assets | 11.27% | 9.87% | 11.05% | 13.07% | Beats 53% | 63 / 135 | |
| Liquidity & Funding |
| Loans / Deposits | 90.94% | 68.54% | 81.55% | 91.24% | 72nd pctl | 37 / 134 | |
| Loans / Assets | 77.12% | 57.61% | 68.06% | 76.23% | 78th pctl | 30 / 135 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |