Freedom Bank, Financial Information

About Freedom Bank

 Address:
99 West Essex Street
Maywood, NJ
Bergen County, New Jersey
 Established:
Apr 2008
 Number of domestic offices:
5
Total assets$540M
Net income$4M
Net income, quarterly$1M
Total deposits$451M
Domestic deposits$451M
Equity capital$52M
ROA0.76%
ROAQ, quarterly1.04%
ROA, pretax1.04%
ROAQ, quarterly, pretax1.41%
ROE7.67%
ROEQ, quarterly10.77%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.