Small in Size Big on Service

Welcome to Freehold Savings Bank website.  To those of you who have made us a part of your family, we thank you for your trust and support.  If you are visiting for the first time, welcome to our bank.  We understand the value of keeping good relationships. Our commitment to the community runs deep. Explore our site weekly for upcoming specials, products and developments. We're looking forward to being of service to you.  

Please call us with any questions and we will be happy to assist you. 732-462-6700 

 

Statement of Condition

Summary

Statement of Condition

December 31, 2018

A S S E T S

Cash and Investments.. . . . . . . . . . . . . . . .  $44,873,500

Mortgage-backed securities . .. . . . . . .. . . . . 121,085,395

Federal Home Loan Bank stock . . . .. . . . . . . .  4,666,100

Loans receivable, net. . . . . . . . . . . . . . . . . .  114,306,327

Other assets. . . . . . . . . . . . . . .  . . . . . . . . . 12,559,683

                   Total assets . . . . .  . . . . . .  . $297,491,005

L I A B I L I T I E S  &

RETAINED EARNINGS

Liabilities:

Deposits.. . . . . . . . . . . . . . . . . . . . . . . . . $161,370,990

Escrows. . . . . . . . . . . . . . . . . . .  . . . . . . . . . . . 620,386

Advances from Federal Home Loan Bank. . . .   92,354,781

Other Liabilities . .. . . . . . . . . . . . . . . . . . . . .  5,120,715

                  Total Liabilities. . . . . . . . . . . . .$259,466,872

Retained Earnings . .. . . . . . . . . . . . . . . . . . . 38,024,133

     Total Liabilities and Retained Earnings . . $297,491,005