First Freedom Bank

Lebanon, TN · Cert 58208 · First Freedom Bancshares Inc.

State charter, non-member · FDIC · 6 branches

Q2 2026

$817.8MAssets

$687.7MLoans

$710.0MDeposits

$99.6MEquity

Loan mix

Deposit mix

NIM

Market Position · Nashville-Davidson--Murfreesboro--Franklin, TN · 2026 SOD (annual) · 0.4% share · #29 of 62 inst. · $0.5B of $107.8B

9.3% Wilson

4.1% Putnam

49.4% Jackson

Earnings: ROA of 1.59%, up 13 bps year over year; NIM at 3.98%.
Asset quality: problem loans at 0.01% of loans (-9 bps YoY), with net charge-offs at 0.10%.

Return on Assets (quarter, annualized)

1.59%+13 bps YoY

Net Interest Margin (quarter, annualized)

3.98%+27 bps YoY

Efficiency Ratio (quarter, annualized)

47.37%-210 bps YoY

Tier 1 Leverage Ratio

12.46%+127 bps YoY

Discrete quarter, annualized.

Metric	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026	YoY Δ
Earnings
Return on Assets	1.45%	1.73%	1.63%	2.41%	1.59%	+13 bps
Return on Equity	13.18%	14.80%	13.64%	19.96%	12.96%	-23 bps
Net Interest Margin	3.71%	3.86%	3.98%	3.98%	3.98%	+27 bps
Efficiency Ratio	49.47%	48.90%	46.62%	37.96%	47.37%	-210 bps
Non-Interest Burden	1.72%	1.75%	1.73%	0.66%	1.76%	+4 bps
Growth
Asset Growth (YoY)	9.93%	-0.28%	1.00%	1.49%	7.34%	-258 bps
Loan Growth (YoY)	7.23%	4.53%	9.12%	10.05%	11.46%	+422 bps
Deposit Growth (YoY)	10.16%	-3.90%	-2.37%	-0.51%	6.02%	-415 bps
Asset Quality
Nonperforming Loans / Loans	0.10%	0.09%	0.09%	0.53%	0.01%	-9 bps
Net Charge-Offs / Loans	0.16%	0.18%	0.10%	0.16%	0.10%	-6 bps
Allowance / Loans	1.16%	1.13%	1.12%	1.13%	1.11%	-4 bps
Allowance Coverage of NPLs	11.8x	12.1x	13.0x	2.1x	119.4x	+107.5x
Capital
Tier 1 Leverage Ratio	11.19%	11.96%	12.33%	12.56%	12.46%	+127 bps
Total Risk-Based Capital	11.19%	11.96%	12.33%	12.56%	12.46%	+127 bps
Equity / Assets	11.25%	12.14%	11.83%	12.33%	12.17%	+92 bps
Liquidity & Funding
Loans / Deposits	92.12%	99.07%	97.46%	96.72%	96.85%	+473 bps
Liquid Assets / Assets	9.71%	7.17%	8.22%	8.20%	8.18%	-154 bps
CRE / Total Capital	n/a	367%	384%	370%	n/a	n/a