See All Banks
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
| 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 |