FDIC Certificate #: 58292 Status: Active Federal Reserve ID: 3392975 Bank Holding Company (Regulatory Top Holder): Freedom Bancshares, Inc. (RSSDID: 3404524, Location: Overland Park, KS) Date Established: June 19, 2006 WWW:http://www.ibankwithfreedom.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 445583 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: June 19, 2006 Last Structure Change Effective Date: June 19, 2006 Last Structure Change Process Date: June 20, 2006 Last Data Update: June 20, 2006 Data Source Date: April 05, 2012
Location
Address: 6640 West 143rd Street, Overland Park, KS 66223 County: Johnson Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Kansas City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760) Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312) Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140) CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
History of Changes
Corrections
New Institution
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $123.1 mil Equity capital: $13.5 mil Deposits held in domestic offices: $94.0 mil Return on assets (ROA): 0.71% ($0.9 mil) Quarterly return on assets: 1.19% ($1.5 mil) Return on Equity (ROE): 7.62% ($1.0 mil) Quarterly return on equity: 10.36% ($1.3 mil) Net income: $0.8 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.02% ($1,255.4 mil) Quarterly Pretax return on assets: 1.74% ($2,141.6 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
16Total employees (full-time equivalent)
$123,083Total assets
$1,746Cash and due from depository institutions
$0Interest-bearing balances
$30,562Securities
$0Federal funds sold & reverse repurchase agreements
$80,096Net loans & leases
$1,128Loan loss allowance
$0Trading account assets
$5,441Bank premises and fixed assets
$1,134Other real estate owned
$0Goodwill and other intangibles
$123,083Life insurance assets
$4,104All other assets
$109,628Total liabilities and capital
$93,963Total liabilities
$81,112Total deposits
$93,963Interest-bearing deposits
$85Deposits held in domestic offices
6256.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$9,081Trading liabilities
$0Other borrowed funds
$328Subordinated debt
$13,455All other liabilities
$13,455Total equity capital
$13,455Total bank equity capital
$3,950Perpetual preferred stock
$4,995Common stock
$2,591Surplus
$1,919Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,045Income earned, not collected on loans
$0Earning assets
$419Long-term assets (5+ years)
$110,658Average Assets, year-to-date
$28,289Average Assets, quarterly
$113,073Volatile liabilities
$116,150Insider loans
$88,188FHLB advances
$111,850Loans and leases held for sale
$1,888Unused loan commitments
$1,079Tier 1 (core) risk-based capital
$13,184Tier 2 risk-based capital
$0Total risk weighted assets
$809Total unused commitments
$13,513Restructured Loans and leases
$3,250Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,288Total interest income
$1,183Total interest expense
$4,105Net interest income
$228Provision for loan and lease losses
$97Total noninterest income
$0Fiduciary activities
$90Service charges on deposit accounts
$0Trading account gains & fees
$7Additional noninterest income
$3,009Total noninterest expense
$1,313Salaries and employee benefits
$411Premises and equipment expense
$1,285Additional noninterest expense
$965Pre-tax net operating income
$193Securities gains (losses)
$354Applicable income taxes
$804Income before extraordinary items
$0Extraordinary gains - net
$804Net income attributable to bank
$0Net charge-offs
$804Cash dividends
$136Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.16%Yield on earning assets
1.15%Cost of funding earning assets
4.01%Net interest margin
0.09%Noninterest income to earning assets
2.94%Noninterest expense to earning assets
0.59%Net operating income to assets
0.71%Return on assets (ROA)
1.02%Pretax return on assets
7.62%Return on equity (ROE)
7.62%Retained earnings to average equity (YTD only)
0.17%Net charge-offs to loans
167.65%Credit loss provision to net charge-offs
8.77%Efficiency ratio
71,609Assets per employee
7.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.39%Loss allowance to noncurrent loans
107.94%Noncurrent assets plus other real estate owned to assets
1.77%Noncurrent loans to loans
1.29%Net loans and leases to deposits
85.24%Net loans and leases to core deposits
103.32%Equity capital to assets
10.93%Core capital (leverage) ratio
11.79%Tier 1 risk-based capital ratio
14.95%Total risk-based capital ratio
Memoranda
$16Average assets
$113,073Average earning assets
$10,549Average equity
$102,444Average loans
List of branches
1 Kansas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
445583
Freedom Bank
6640 West 143rd Street, Overland Park, KS 66223
June 19, 2006
Full Service Brick and Mortar
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