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Freedom Bank of Virginia, The

Fairfax, VA · Cert 57184 · Freedom Financial Holdings Inc.

State charter, Fed member · FED · 6 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

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

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets (n=322 to 328). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

53

Q2 2024Q2 2026peer median (50)

Asset Quality

4

Q2 2024Q2 2026peer median (50)

Profitability

8

Q2 2024Q2 2026peer median (50)

Liquidity

93

Q2 2024Q2 2026peer median

Efficiency

7

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), 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

Freedom Bank of Virginia, The

Fairfax, VA · Cert 57184 · Freedom Financial Holdings Inc.

State charter, Fed member · FED · 6 branches

Q2 2026

$1.0BAssets
$777.5MLoans
$875.0MDeposits
$104.1MEquity
Loan mix
75%RE $591.9M22%C&I $171.4M3%Consumer $21.0MQ2 2025Q2 2026
Deposit mix
84%Interest-bearing $732.8M16%Noninterest $142.2MQ2 2025Q2 2026

NIM

5.50%Q2 ’245.46%Q2 ’255.18%Q2 ’26+14%+0%

Non-interest income vs. expense

2.08%Q2 ’242.11%Q2 ’252.48%Q2 ’26+3%+20%

Market Position · Washington-Arlington-Alexandria, DC-VA-MD-WV · 2026 SOD (annual) · 0.3% share · #29 of 71 inst. · $0.9B of $301.4B

10.6% Fairfax (City)
0.2% Fairfax
1.3% Prince William

Executive Summary

  • Earnings: ROA of 0.45%, down 24 bps year over year; NIM at 2.69%.
  • Asset quality: problem loans at 3.26% of loans (+184 bps YoY), with net charge-offs at 1.65%.
  • Capital: tier 1 leverage ratio of 11.06%, up 40 bps from a year ago.
  • Funding: loans stand at 88.86% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.45%-24 bps YoY

Net Interest Margin (YTD, annualized)

2.69%+1 bps YoY

Efficiency Ratio (YTD, annualized)

78.98%+1,091 bps YoY

Tier 1 Leverage Ratio

11.06%+40 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.69%0.65%0.19%0.60%0.45%-24 bps
Return on Equity7.35%6.84%1.97%6.16%4.55%-280 bps
Net Interest Margin2.69%2.72%2.75%2.61%2.69%+1 bps
Efficiency Ratio68.07%69.19%68.41%76.14%78.98%+1,091 bps
Non-Interest Burden1.70%1.74%1.74%1.86%2.03%+33 bps
Growth
Asset Growth (YoY)-2.16%-6.33%-2.28%-2.72%-3.14%-98 bps
Loan Growth (YoY)-4.14%-4.19%-0.91%3.26%4.07%+820 bps
Deposit Growth (YoY)4.31%-3.86%0.49%0.71%-4.81%-913 bps
Asset Quality
Nonperforming Loans / Loans1.43%2.05%3.49%2.79%3.26%+184 bps
Net Charge-Offs / Loans0.07%0.17%0.15%3.19%1.65%+158 bps
Allowance / Loans0.96%0.95%1.81%0.98%1.04%+7 bps
Allowance Coverage of NPLs0.7x0.5x0.5x0.4x0.3x-0.4x
Capital
Tier 1 Leverage Ratio10.66%11.23%11.05%10.70%11.06%+40 bps
Total Risk-Based Capital15.20%15.53%15.09%14.42%14.63%-57 bps
Equity / Assets9.56%10.27%9.56%9.79%10.03%+47 bps
Liquidity & Funding
Loans / Deposits81.27%87.53%83.78%85.31%88.86%+758 bps
Liquid Assets / Assets6.39%3.68%8.39%5.02%4.41%-199 bps
CRE / Total Capitaln/a296%311%317%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Freedom Bank of Virginia, The

Fairfax, VA · Cert 57184 · Peer group: banks $1B-$10B in assets (n=322-328) · Freedom Financial Holdings Inc.

State charter, Fed member · FED · 6 branches

Q2 2026

$1.0BAssets
$777.5MLoans
$875.0MDeposits
$104.1MEquity

Executive Summary

  • Strongest standing: tier 1 capital ratio outperforms 58% of banks $1B-$10B in assets (rank 139 of 328).
  • Widest gap: net charge-offs / loans trails 96% of banks $1B-$10B in assets (rank 311 of 322).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

0.45%

Rank 309 of 328

Net Interest Margin

2.69%

Rank 291 of 328

Efficiency Ratio

78.98%

Rank 307 of 328

Equity / Assets

10.03%

Rank 180 of 328

Non-interest income vs. expense

$4.7M$26.3MINCOMEEXPENSE
Unfavorable gap of $21.5M · efficiency ratio beats 7% of banks $1B-$10B in assets
Bank 78.98%Peer median 59.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.45%0.91%1.22%1.52%Beats 6%309 / 328
Return on Equity4.50%8.43%11.45%14.43%Beats 6%307 / 328
Net Interest Margin2.69%3.03%3.45%3.83%Beats 11%291 / 328
Efficiency Ratio78.98%51.61%59.56%67.53%Beats 7%307 / 328
Asset Quality
Nonperforming Loans / Loans3.26%0.24%0.51%1.03%Beats 4%309 / 322
Net Charge-Offs / Loans0.83%0.01%0.03%0.10%Beats 4%311 / 322
Capital
Tier 1 Capital Ratio13.66%11.75%13.15%15.47%Beats 58%139 / 328
Total Risk-Based Capital Ratio14.63%12.63%14.15%16.46%Beats 56%143 / 328
Equity / Assets10.03%9.15%10.33%12.01%Beats 45%180 / 328
Liquidity & Funding
Loans / Deposits88.86%76.63%87.92%95.36%52nd pctl155 / 323
Loans / Assets74.92%65.18%74.15%79.98%53rd pctl153 / 328
Brokered Deposits / Depositsn/aNot reported for this institution