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The Freedom State Bank

Freedom, OK

This bank failed on June 27, 2014. It was acquired by ALVA STATE BANK & TRUST COMPANY, Alva, OK on June 27, 2014. See all failed banks →

Latest Health Report

Latest Update: March 31, 2014

Assets
$22,816,000
Deposits
$20,855,000
Loans
$11,259,000
Loan Loss Provision
$0
Profit
$34,000
Capital
$1,951,000
Reserves
$145,000
Past Due 90 Days
$22,000
Nonaccrual
$162,000
Other Real Estate Owned
$0
Capital Plus Reserves
$2,096,000
Total Troubled Assets
$184,000
Troubled Asset Ratio
8.78

Past reports

This table shows the year-end report on key metrics for each of the past five years.
Year Assets Deposits Loans Profit Capital + Reserves Total Troubled Assets Troubled Asset Ratio
2013 $21,950,000 $20,011,000 $11,393,000 $90,000 $2,047,000 $178,000 8.70
2012 $23,095,000 $21,220,000 $9,356,000 $78,000 $2,011,000 $267,000 13.28