PackageTrendsPeer
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Freedom Bank

Maywood, NJ · Cert 58712 · Peer group: banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (n=30-31) · Freedom Bcorp Inc.

State charter, non-member · FDIC · 5 branches

Q2 2026

$838.3MAssets
$737.5MLoans
$711.5MDeposits
$82.8MEquity

Executive Summary

  • Strongest standing: net charge-offs / loans outperforms 100% of banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 17 of 30).
  • Widest gap: tier 1 capital ratio trails 90% of banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area (rank 28 of 31).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

0.88%

Rank 7 of 31

Net Interest Margin

3.02%

Rank 20 of 31

Efficiency Ratio

63.10%

Rank 7 of 31

Equity / Assets

9.87%

Rank 26 of 31

Non-interest income vs. expense

$0.6M$16.5MINCOMEEXPENSE
Unfavorable gap of $15.9M · efficiency ratio beats 81% of banks under $1B in assets in the New York-Newark-Jersey City, NY-NJ area
Bank 63.10%Peer median 83.7%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets0.88%-0.02%0.39%0.84%Beats 77%7 / 31
Return on Equity8.95%-0.19%2.57%5.72%Beats 87%4 / 31
Net Interest Margin3.02%2.51%3.30%3.85%Beats 35%20 / 31
Efficiency Ratio63.10%68.41%83.66%91.76%Beats 81%7 / 31
Asset Quality
Nonperforming Loans / Loans0.28%0.18%0.47%2.65%Beats 63%12 / 30
Net Charge-Offs / Loans0.00%n/an/a0.02%Beats 100%17 / 30
Capital
Tier 1 Capital Ratio11.95%13.24%15.54%26.77%Beats 10%28 / 31
Total Risk-Based Capital Ratio12.62%14.07%16.32%26.77%Beats 13%27 / 31
Equity / Assets9.87%10.38%13.26%17.83%Beats 16%26 / 31
Liquidity & Funding
Loans / Deposits103.65%84.03%94.98%103.65%74th pctl8 / 31
Loans / Assets87.97%61.61%75.31%83.78%97th pctl1 / 31
Brokered Deposits / Depositsn/aNot reported for this institution