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Freedom21

Hollow Rock, TN · Charter 24777

Q3 2009

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2009, the quarter ended September 30, 2009, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Freedom21

Hollow Rock, TN · Charter 24777

Q3 2009

$444KAssets
$253KLoans
$436KShares
$6KNet Worth

Executive Summary

  • Earnings: ROA of 0.19%, up 267 bps year over year; NIM at 4.96%.
  • Asset quality: problem loans at 0.00% of loans (-773 bps YoY).
  • Capital: net worth / assets of 1.26%, down 17 bps from a year ago.
  • Funding: loans stand at 58.01% of shares as of Q3 2009.

Return on Assets (YTD, annualized)

0.19%+267 bps YoY

Net Interest Margin (YTD, annualized)

4.96%+374 bps YoY

Efficiency Ratio (YTD, annualized)

82.31%-7,486 bps YoY

Net Worth / Assets

1.26%-17 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets1.37%-3.90%-2.86%-2.49%-2.31%-3.33%0.98%0.19%+267 bps
Return on Equity34.31%-146.30%-143.00%-174.41%-207%-1243%61.20%14.98%+18,940 bps
Net Interest Margin1.22%1.18%1.16%1.21%1.25%4.97%4.95%4.96%+374 bps
Efficiency Ratio90.03%185.69%165.09%157.17%151.76%90.92%71.20%82.31%-7,486 bps
Growth
Asset Growth (YoY)209%94.24%59.68%35.03%16.74%7.87%0.95%-4.16%-3,920 bps
Loan Growth (YoY)n/a13453%68.26%20.20%318%299%329%320%+29,945 bps
Share Growth (YoY)225%104.56%58.88%44.43%20.30%10.20%1.16%-4.25%-4,867 bps
Asset Quality
Delinquent Loans / Loans0.00%0.00%0.00%7.73%1.96%1.82%0.00%0.00%-773 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans2.08%2.99%3.10%3.81%0.96%1.15%0.85%1.04%-278 bps
Capital
Risk-Based Capital4.00%2.66%2.00%1.43%1.12%0.27%1.59%1.26%-17 bps
Net Worth / Assets4.00%2.66%2.00%1.43%1.12%0.27%1.59%1.26%-17 bps
Liquidity & Funding
Loans / Shares16.43%13.96%14.82%13.24%57.15%50.59%62.92%58.01%+4,477 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps