BlastPoint's Banking Scorecard

Freedom Bank

$100M-$1B Specialty: Commercial NJ FDIC cert 58712

Designations: ✓ CDFI-certified

Maywood, NJ

5 branches across NJ

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

1 of 2,643 banks in the $100M-$1B peer group nationwide — 1 of 25 in NJ.
Deposits +9.1% year over year ($711.5M on the books).
Delinquency rate 0.28%.
Return on assets 0.89%.
Efficiency ratio 63.10% vs a 64.48% peer average.
Loan-to-deposit ratio 103.02% vs a 77.95% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

2643 banks in the $100M-$1B peer group nationally 25 in NJ

View $100M-$1B leaderboard (NJ) →

Freedom Bank has 2 strengths but faces 4 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.

Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

+ Efficiency Ratio 1.38% below tier average
+ Delinquency Rate 0.64% below tier average

Key Concerns

Areas that may need attention

- Loan-to-Deposit Ratio 25.07% above tier average
- Non-Interest Income / Assets 0.53% below tier average
- ROA 0.44% below tier average
- Net Interest Margin 0.84% below tier average

Get updates when Freedom Bank releases new data →

Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (NJ)	National Avg	Tier Percentile
Total Assets ?	$838.3M +8.5% YoY -2.1% QoQ	+$451.7M	$386.6M +1.2% YoY	$4.4B +7.9% YoY	$6.3B +7.7% YoY	Top 6.2% in tier
Total Loans ?	$733.0M +8.3% YoY +0.7% QoQ	+$474.6M	$258.3M +1.7% YoY	$3.3B +6.8% YoY	$3.2B +9.4% YoY	Top 1.4% in tier
Total Deposits ?	$711.5M +9.1% YoY -2.5% QoQ	+$384.8M	$326.7M +0.7% YoY	$3.6B +8.2% YoY	$4.9B +7.3% YoY	Top 6.1% in tier
Return on Assets ?	0.89% +45.6% YoY +12.9% QoQ	-0.44%	1.32% +10.8% YoY	0.53% -11.1% YoY	1.30% +12.1% YoY	28%
Net Interest Margin ?	3.15% +14.6% YoY +3.2% QoQ	-0.84%	3.99% +5.0% YoY	3.11% +4.3% YoY	3.95% +4.9% YoY	Bottom 14.5% in tier
Efficiency Ratio ?	63.10% -10.5% YoY -3.2% QoQ	-1.38%	64.48% -3.2% YoY	78.52% +3.6% YoY	70.05% +2.5% YoY	48%
Delinquency Rate ?	0.28% -28.3% YoY +5.1% QoQ	-0.64%	0.92% +15.7% YoY	0.69% -16.2% YoY	0.98% +16.3% YoY	59%
Loan-to-Deposit Ratio ?	103.02% -0.7% YoY +3.4% QoQ	+25.07%	77.95% +1.0% YoY	81.90% -3.2% YoY	79.03% +2.3% YoY	Bottom 7.0% in tier
Non-Interest-Bearing Deposit Share ?	11.02% -14.8% YoY +2.9% QoQ	-11.01%	22.03% -0.6% YoY	16.56% -0.1% YoY	21.98% -0.6% YoY	Bottom 12.8% in tier
Nonperforming Asset Ratio ?	0.25% -28.5% YoY +8.1% QoQ	-0.42%	0.67% +16.4% YoY	0.61% -0.3% YoY	0.69% +15.8% YoY	56%
Tier 1 Capital Ratio ?	11.95% -2.6% YoY +1.1% QoQ	-3.96%	15.91% +1.4% YoY	19.31% +2.7% YoY	17.09% +0.8% YoY	35%
Non-Interest Income / Assets ?	0.03% -18.3% YoY +119.8% QoQ	-0.53%	0.57% +7.6% YoY	0.77% -2.9% YoY	0.66% +5.2% YoY	Bottom 3.1% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric	Current	vs Tier	Tier Avg	State Avg (NJ)	National Avg	Tier Percentile
Noninterest-Bearing	11.0% -1.9pp YoY +0.3pp QoQ	-11.1pp	22.1%	16.6%	22.2%	12%
Brokered Deposits	0.7% -3.1pp YoY -2.7pp QoQ	-7.2pp	7.9%	10.1%	8.5%	14%

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (NJ)	National Avg	Tier Percentile
C&I	0.5% +0.2pp YoY +0.3pp QoQ	-11.1pp	11.6%	6.5%	12.5%	2%
CRE	79.1% +4.2pp YoY +1.6pp QoQ	+39.6pp	39.5%	56.3%	41.4%	97%
1-4 Family	20.7% -4.3pp YoY -1.5pp QoQ	-11.9pp	32.6%	39.4%	31.3%	31%
Consumer	0.0% 0.0pp YoY 0.0pp QoQ	-4.1pp	4.1%	4.3%	5.0%	0%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (NJ)	National Avg	Tier Percentile
CET1 Ratio	11.9% -0.3pp YoY +0.1pp QoQ	-6.9pp	18.8%	18.8%	19.7%	16%
Leverage Ratio	9.8% -0.2pp YoY +0.2pp QoQ	-2.4pp	12.2%	13.4%	12.6%	26%
Total Capital Ratio	12.6% -0.3pp YoY +0.1pp QoQ	-7.3pp	19.9%	19.8%	20.8%	12%

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (NJ)	National Avg	Tier Percentile
Full-Time Employees	59 0 YoY 0 QoQ	+0	58	336	482	62%
Assets per Employee ($)	$14.2M +8.5% YoY -2.1% QoQ	+$6.7M	$7.5M	$11.2M	$8.8M	96%
Branch Count	5 0 YoY 0 QoQ	0	4	20	18	55%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (NJ)	National Avg	Tier Percentile
Past Due 90+ Days	n/a	n/a	0.3%	0.1%	0.4%	n/a
Nonaccrual	0.3% -0.1pp YoY 0.0pp QoQ	-0.7pp	0.9%	0.8%	1.0%	37%
Allowance Coverage	2.17x +36.8% YoY -5.6% QoQ	-21.98x	24.15x	6.57x	20.23x	50%
Net Charge-off Rate (YTD)	n/a	n/a	0.1%	0.2%	0.2%	n/a

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (NJ)	National Avg	Tier Percentile
ROE	9.1% +3.0pp YoY +1.0pp QoQ	-3.1pp	12.2%	6.4%	11.6%	31%
Cost of Funds (YTD)	3.1% -0.1pp YoY 0.0pp QoQ	+1.4pp	1.7%	1.9%	1.7%	99%
Net Income ($, YTD)	$3.7M +57.5% YoY — QoQ	+$1.1M	$2.6M	$19.8M	$40.4M	78%

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$250B+

12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

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Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).

Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (0)

No matched concern signatures this quarter

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).

Concerns are metrics in the bottom 25% (25th percentile or lower).

Compare against:

Comparing against 2643 peers in $100M-$1B

Top Strengths (3 metrics)

Total Loans

size

Value: $732.98M

Peer Median: $258.35M

#39 of 2643 Top 1.4% in $100M-$1B

161

Total Deposits

size

Value: $711.50M

Peer Median: $326.73M

#161 of 2643 Top 6.1% in $100M-$1B

165

Total Assets

size

Value: $838.27M

Peer Median: $386.57M

#165 of 2643 Top 6.2% in $100M-$1B

Top Weaknesses (4 metrics)

2563

Non-Interest Income / Assets

revenue_mix

Value: 0.03%

Peer Median: 0.57%

#2563 of 2643 Bottom 3.1% in $100M-$1B

2458

Loan-to-Deposit Ratio

liquidity

Value: 103.02%

Peer Median: 77.95%

#2458 of 2643 Bottom 7.0% in $100M-$1B

2307

Non-Interest-Bearing Deposit Share

funding

Value: 11.02%

Peer Median: 22.03%

#2307 of 2643 Bottom 12.8% in $100M-$1B

2260

Net Interest Margin

profitability

Value: 3.15%

Peer Median: 3.99%

#2260 of 2643 Bottom 14.5% in $100M-$1B