Freedom Bank: how it compares with its peers
Against 44 IN banks with half to twice its assets, Freedom Bank's strongest measure in Q2 2026 is efficiency ratio (42.91% vs. a 64.48% peer median). Its weakest relative measure is net interest margin (3.61% vs. 3.72%).
| Measure | Freedom Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 2.26% | 1.09% | Top third Ahead of 93% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.61% | 3.72% | Middle third Ahead of 43% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 42.91% | 64.48% | Top third Ahead of 98% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $8.9M | $6.5M | Top third Ahead of 82% of peers |
| Loans to deposits Net loans and leases over total deposits. | 97.92% | 81.94% | Context |
What it means for lending operations
Its efficiency ratio of 42.91% is better than the 64.48% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- First Federal Savings Bank Evansville, IN · $576M
- Crossroads Bank Wabash, IN · $616M
- First Federal Savings Bank Huntington, IN · $554M
- Community State Bank Avilla, IN · $554M
- DeMotte State Bank Demotte, IN · $622M
- The Friendship State Bank Friendship, IN · $544M
Questions about Freedom Bank
How big is Freedom Bank?
Freedom Bank, established in 1999, is headquartered in Huntingburg, IN. It reported $586M in total assets in its Q2 2026 FDIC call report and operates 4 offices.
What is Freedom Bank's return on assets?
2.26% annualized in Q2 2026, against a 1.09% median for 44 IN banks with half to twice its assets, ahead of 93% of them.
What is Freedom Bank's efficiency ratio?
42.91% in Q2 2026: it spent about 43 cents in noninterest expense for each dollar of revenue. The peer median is 64.48%, and lower is better.
Is Freedom Bank growing its loans?
Net loans grew 2.4% over the year to Q2 2026, while deposits grew 4.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are IN banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Indiana bank ranked.