This institution is no longer active

Operations ceased on October 31, 2008. CRA examination history below reflects the period it was active.

FREEDOM BANK

BRADENTON, FL · Supervised by FDIC

Est. 2005FDIC #57,930RSSD: FDIC-57930

Satisfactory

Current rating · Exam: November 2007

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -8.45%

Institution Profile

FDIC BankFind

Address

410 Cortez Road West, BRADENTON, FL

County

Manatee County

Established

May 17, 2005

Total Assets

$271M(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

November 1, 2007

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 18 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q3 2008Call Report / FDIC

Total Assets

$271M

Total Deposits

$257M

Net Loans

$197M

Net Income

$-18,023K

ROA

-8.45%

ROE

-139.03%

Risk-Based Capital

3.45%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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