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Freedom Financial Bank

West Des Moines, IA · Cert 35031 · Peer group: banks under $1B in assets in the Des Moines-West Des Moines, IA area (n=18-19) · Freedom Holdings Co.

State charter, Fed member · FED · 2 branches

Q2 2026

$269.3MAssets
$225.8MLoans
$206.4MDeposits
$25.0MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 100% of banks under $1B in assets in the Des Moines-West Des Moines, IA area (rank 6 of 18).
  • Widest gap: tier 1 capital ratio trails 84% of banks under $1B in assets in the Des Moines-West Des Moines, IA area (rank 16 of 19).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

1.08%

Rank 12 of 19

Net Interest Margin

2.99%

Rank 16 of 19

Efficiency Ratio

52.38%

Rank 5 of 19

Equity / Assets

9.29%

Rank 14 of 19

Non-interest income vs. expense

$0.1M$4.3MINCOMEEXPENSE
Unfavorable gap of $4.1M · efficiency ratio beats 79% of banks under $1B in assets in the Des Moines-West Des Moines, IA area
Bank 52.38%Peer median 57.8%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.08%1.05%1.15%1.42%Beats 37%12 / 19
Return on Equity11.59%10.97%12.15%13.79%Beats 37%12 / 19
Net Interest Margin2.99%3.08%3.50%3.67%Beats 16%16 / 19
Efficiency Ratio52.38%52.38%57.82%63.73%Beats 79%5 / 19
Asset Quality
Nonperforming Loans / Loans0.00%n/a0.21%0.91%Beats 100%6 / 18
Net Charge-Offs / Loans0.00%0.00%0.01%0.01%Beats 100%5 / 18
Capital
Tier 1 Capital Ratio10.36%10.79%12.38%16.13%Beats 16%16 / 19
Total Risk-Based Capital Ratio11.62%11.60%13.40%17.04%Beats 26%14 / 19
Equity / Assets9.29%8.64%9.66%11.07%Beats 26%14 / 19
Liquidity & Funding
Loans / Deposits109.42%65.91%76.09%88.00%95th pctl1 / 19
Loans / Assets83.88%57.37%63.36%76.16%95th pctl1 / 19
Brokered Deposits / Depositsn/aNot reported for this institution