This institution is no longer active

Operations ceased on March 6, 2009. CRA examination history below reflects the period it was active.

FREEDOM BANK OF GEORGIA

COMMERCE, GA · Supervised by FDIC

Est. 2004FDIC #57,558RSSD: FDIC-57558

Part ofFREEDOM BANCSHARES INC→ View all charters

Satisfactory

Current rating · Exam: July 2006

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At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Needs Attention

ROA -5.81%

Institution Profile

FDIC BankFind

Address

3165 Maysville Road, COMMERCE, GA

County

Jackson County

Established

February 17, 2004

Total Assets

$172M(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

July 1, 2006

Exam Type

Small Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 19 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 Q4 2008Call Report / FDIC

Total Assets

$172M

Total Deposits

$159M

Net Loans

$102M

Net Income

$-8,950K

ROA

-5.81%

ROE

-92.43%

Risk-Based Capital

4.72%

Regulatory minimum: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

This is the only examination on record for this bank.

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