SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C. 20549
                       ---------------------------
                              FORM 10-QSB

(Mark One)

 X	QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
---	EXCHANGE ACT OF 1934
	For the quarterly period ended September 30, 2003.

                              OR

  	TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
---	SECURITIES EXCHANGE ACT OF 1934
	For the transition period from               to
                                     -------------    ------------

                  Commission File No. 33-31013-A

                     FREEDOM BANCSHARES, INC.
  -----------------------------------------------------------------
  (Exact name of small business issuer as specified in its charter)


            GEORGIA                           06-1671382
     ------------------------   ------------------------------------
     (State of Incorporation)   (I.R.S. Employer Identification No.)

         244 JOHN B. BROOKS ROAD, PENDERGRASS, GEORGIA  30567
  -----------------------------------------------------------------
               (Address of Principal Executive Offices)

                          (706)423-2500
  -----------------------------------------------------------------
          (Issuer's Telephone Number, Including Area Code)

                             NONE
  -----------------------------------------------------------------
          (Former Name, Former Address and Former Fiscal Year,
                   if Changed Since Last Report)

	Check whether the issuer (1) filed all reports required to be filed by
section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the issuer was required
to file such reports), and (2) has been subject to such filing requirements
for the past 90 days.
                    Yes  X            No
                        ---              ---

	APPLICABLE ONLY TO CORPORATE ISSUERS:  Indicate the number of shares
outstanding of each of the issuer's classes of common equity as of the latest
practicable date.

	Common stock, $1.00 par value per share, 1 share outstanding as of
November 11, 2003.

	TRANSITIONAL SMALL BUSINESS DISCLOSURE FORMAT:  (Check one):
                            Yes  X      No
                                ----       ----



                        PART I - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS
-----------------------------

                         FREEDOM BANCSHARES, INC.
                            COMMERCE, GEORGIA
                    (A DEVELOPMENT STAGE ENTERPRISE)
                             BALANCE SHEETS
                               (UNAUDITED)

                                      September 30,  December 31,
ASSETS                                     2003         2002
                                           ----         ----
Cash                                   $        0    $   33,835
Property and equipment, net                 6,344         9,063
Deferred registration costs               257,179        29,216
Other assets                                  583         3,208
                                        ---------     ---------
 Total Assets                          $  264,106    $   75,322
                                        =========     =========

LIABILITIES AND STOCKHOLDER'S EQUITY

Liabilities:
Note payable                           $  910,000    $  173,500
Interest payable                              370          - -
Accounts payable                           13,870        56,063
Accrued expense                            14,000         4,950
                                        ---------     ---------
 Total Liabilities                     $  938,240    $  234,513
                                        ---------     ---------

Commitments and contingencies (Note 4)

Stockholder's Equity (Note 1):
Preferred stock, zero par value,
 2.0 million shares authorized,
 no shares issued or outstanding       $    - -      $    - -
Common stock, $1.00 par value, 10.0
 million shares authorized, one
 share issued or outstanding                    1             1
Paid-in-capital                                 9             9
Stock subscription receivable                 (10)          (10)
(Deficit) accumulated during
 the development stage                   (674,134)     (159,191)
                                        ---------     ---------
 Total Stockholder's Equity            $ (674,134)   $ (159,191)
                                        ---------     ---------
 Total Liabilities and
  Stockholder's Equity                 $  264,106    $   75,322
                                        =========     =========


              Refer to notes to the financial statements.



                           FREEDOM BANCSHARES, INC.
                              COMMERCE, GEORGIA
                       (A DEVELOPMENT STAGE ENTERPRISE)
                           STATEMENTS OF OPERATIONS
                                 (UNAUDITED)

                                     For the three-month
                                  period ended September 30,
                                  --------------------------
                                      2003           2002
                                      ----           ----
Revenues:
 Interest income                   $    - -       $    - -
                                    --------       --------
   Total revenues                       - -            - -
                                    --------       --------

Expenses:
  Professional fees                $  32,809      $    - -
  Salaries and benefits              116,955           - -
  Regulatory fees                      - -             - -
  Travel and lodging                   2,588           - -
  Rent expense                         4,500           - -
  Depreciation                         1,120           - -
  Interest                             6,905           - -
  Other expenses                      20,769           - -
                                    --------       --------
   Total expenses                  $ 185,646      $    - -
                                    --------       --------

Net (loss)                         $(185,646)     $    - -
                                    ========       ========


                 Refer to notes to the financial statements.



                           FREEDOM BANCSHARES, INC.
                              COMMERCE, GEORGIA
                       (A DEVELOPMENT STAGE ENTERPRISE)
                           STATEMENTS OF OPERATIONS
                                 (UNAUDITED)

                                     For the nine-month          Inception
                                        period ended        (October 2, 2002)
                                        September 30,                to
                                  --------------------------    September 30,
                                      2003           2002           2003
                                      ----           ----           ----
Revenues:
 Interest income                   $    - -       $    - -       $    - -
                                    --------       --------       --------
   Total revenues                       - -            - -            - -
                                    --------       --------       --------

Expenses:
  Professional fees                $  86,156      $    - -       $ 152,916
  Salaries and benefits              329,496           - -         390,277
  Regulatory fees                      4,252           - -          16,252
  Travel and lodging                   6,679           - -          14,059
  Rent expense                        15,000           - -          19,306
  Depreciation                         2,719           - -           3,252
  Interest                            14,846           - -          15,626
  Other expenses                      55,795           - -          62,446
                                    --------       --------       --------
   Total expenses                  $ 514,943      $    - -       $ 674,134
                                    --------       --------       --------

Net (loss)                         $(514,943)     $    - -       $(674,134)
                                    ========       ========       ========


                 Refer to notes to the financial statements.



                            FREEDOM BANCSHARES, INC.
                              COMMERCE, GEORGIA
                       (A DEVELOPMENT STAGE ENTERPRISE)
                           STATEMENTS OF CASH FLOWS
                                 (UNAUDITED)

                                                                   Inception
                                         For the nine-month    (October 2, 2002)
                                         period ended Sept. 30,        to
                                        ------------------------    Sept. 30,
                                            2003         2002         2003
                                            ----         ----         ----
Cash flows from pre-operating
 activities of the development stage:
  Net (loss)                            $ (514,943)   $    - -       $(674,134)
  Adjustments to reconcile net
   (loss) to net cash used by
   pre-operating activities
   of the development stage:
    Increase in registration costs        (227,963)        - -        (257,179)
    (Decrease) in payables and accruals    (32,773)        - -          28,240
    Decrease in other assets                 2,625         - -            (583)
    Depreciation expense                     2,719         - -           3,252
                                         ---------      --------      --------
Net cash used by pre-operating
 activities of the development stage    $ (770,335)    $   - -       $(900,404)
                                         ---------      --------      --------

Cash flows from investing activities:
 Purchase of fixed assets               $    - -       $   - -       $  (9,596)
                                         ---------      --------      --------
Net cash used in investing activities        - -           - -          (9,596)
                                         ---------      --------      --------

Cash flows from financing activities:
 Increase in notes payable              $  736,500     $   - -       $ 910,000
                                         ---------      --------      --------
Net cash provided
 from financing activities              $  736,500     $   - -       $ 910,000
                                         ---------      --------      --------

Net (decrease) in cash                  $  (33,835)    $   - -       $    - -
Cash, beginning of period                   33,835         - -            - -
                                         ---------      --------      --------
Cash, end of period                     $    - -       $   - -       $    - -
                                         =========      ========      ========


              Refer to notes to the financial statements.



                        FREEDOM BANCSHARES, INC.
                           COMMERCE, GEORGIA
         STATEMENTS OF CHANGES IN SHAREHOLDER'S EQUITY (UNAUDITED)
       FOR THE NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2003 AND 2002
        AND FROM INCEPTION (OCTOBER 2, 2002) TO SEPTEMBER 30, 2003
                               (UNAUDITED)

                                                            (Deficit)
                                                 Stock     Accumulated
                                         Paid   Subscrip-  During the
                   Preferred   Common     in      tion     Development
                     Stock     Stock    Capital Receivable    Stage      Total
                     -----     -----    ------- ----------    -----      -----

Balance,
 Dec. 31, 2001     $   --    $   --    $  --    $    --    $    --    $    --
                    -------   -------   ------   --------   --------   --------

Comprehensive Income:
--------------------
Net loss,
 nine-month
 period ended
 September 30, 2002    --        --       --         --         --         --
                    -------   -------   ------   --------   --------   --------

Total comprehensive
 income                --        --       --         --         --         --
                    -------   -------   ------   --------   --------   --------

Balance,
 Sept. 30, 2002    $   --    $   --    $  --    $    --    $    --    $    --
                    =======   =======   ======   ========   ========   ========

-------------------------------------------
At inception
 (Oct. 2, 2002)    $   --    $   --    $  --    $    --    $    --    $    --
                   -------   -------   ------   --------   --------   --------

Issuance
 of one share
 of common stock       --           1        9        (10)      --         --

Comprehensive Income:
--------------------
Net loss,
 from inception
 (Oct. 2, 2002)
 to Sept. 30, 2003     --        --       --         --     (674,134)  (674,134)
                    -------   -------   ------   --------   --------   --------

Total comprehensive
 income                --        --       --         --     (674,134)  (674,134)
                    -------   -------   ------   --------   --------   --------

Balance,
 Sept. 30, 2003    $   --    $      1  $     9  $     (10) $(674,134) $(674,134)
                    =======   =======   ======   ========   ========   ========

-------------------------------------------

Balance,
 Dec. 31, 2002     $   --    $      1  $     9  $     (10) $(159,191) $(159,191)
                    -------   -------   ------   --------   --------   --------

Comprehensive Income:
--------------------
Net loss,
 nine-month
 period ended
 Sept. 30, 2003        --        --       --         --     (514,943)  (514,943)
                    -------   -------   ------   --------   --------   --------

Total comprehensive
 income                --        --       --         --     (514,943)  (514,943)
                    -------   -------   ------   --------   --------   --------

Balance,
 Sept. 30, 2003    $   --    $      1  $     9  $     (10) $(674,134) $(674,134)
                    =======   =======   ======   ========   ========   ========


                Refer to notes to the financial statements.



                           FREEDOM BANCSHARES, INC.
                              COMMERCE, GEORGIA
                       (A DEVELOPMENT STAGE ENTERPRISE)
                   NOTES TO FINANCIAL STATEMENTS (UNAUDITED)
                              SEPTEMBER 30, 2003


NOTE 1 - BASIS OF PRESENTATION

	The accompanying financial statements have been prepared in accordance
with generally accepted accounting principles for interim financial information
and with the instructions to Form 10-QSB.  Accordingly, they do not include all
the information and footnotes required by generally accepted accounting
principles for complete financial statements.  In the opinion of management, all
adjustments (consisting of normal recurring accruals) considered  necessary
for a fair presentation have been included.  Operating results for the three and
nine month periods ended September 30, 2003 are not necessarily indicative of
the results that may be expected for the year ending December 31, 2003.  These
statements should be read in conjunction with the financial statements and
footnotes thereto included in the prospectus dated April 4, 2003.

NOTE 2 - SUMMARY OF ORGANIZATION

	Freedom Bancshares, Inc., Commerce, Georgia (the "Company") is a proposed
one-bank holding company with respect to a de novo bank, Freedom Bank of Georgia
(In Organization), Commerce, Georgia (the "Bank").  Prior to the Company's
incorporation on January 17, 2003, a group of organizers formed FB Investors,
LLC (the "LLC") to facilitate in the initial process of organizing and forming
both the Company and the Bank.  Although the LLC was officially organized
November 12, 2002, it had commenced operations on October 2, 2002, the date of
inception.  On January 24, 2003, the LLC's Board of Directors assigned and
transferred all of the assets and liabilities of the LLC to the Company.
Accordingly, all assets, liabilities, rights, revenues and expenses acquired,
incurred or undertaken by the LLC from inception, October 2, 2002, have been
transferred to the Company.  As a result, all financial transactions undertaken
by the LLC from inception, October 2, 2002, through January 24, 2003 are
reflected in the Company's financial statements as of and for the period ended
September 30, 2003.  Also, transactions undertaken by the LLC from inception,
October 2, 2002, through December 31, 2002 are reflected in the Company's
financial statements as of and for the period ended December 31, 2002.

	The Company obtained preliminary approvals from the Georgia Department
of Banking and Finance (the "GaDBF") to charter the Bank and from the Federal
Deposit Insurance Corporation (the "FDIC") to insure deposits up to $100,000
per depositor.  An approval to become a one-bank holding company was obtained
from the Federal Reserve Bank of Atlanta.

	The Company's articles of incorporation authorize its Board of Directors,
without further action by the shareholders, to issue up to 10.0 million shares
of its $1.00 par value per share common stock ("Common Stock").  Each share
entitles its owners to one vote and shareholders have no preemptive, cumulative
voting or conversion rights.  As of September 30, 2003, one share of the
Company's Common Stock was issued and outstanding.

	The Company's articles of incorporation also authorize its Board of
Directors to issue up to 2.0 million shares of its zero par value per share
preferred stock ("Preferred Stock").  The Company's Board of Directors may,
without further action by the shareholders, direct the issuance of Preferred
Stock for any proper corporate purpose with preferences, voting powers,
conversion rights, qualifications, special or relative rights and privileges
which could adversely affect the voting power or other rights of shareholders of
Common Stock.  As of September 30, 2003, no shares of the Company's Preferred
Stock were issued or outstanding.

	The Company filed a Registration Statement on Form SB-2 with the
Securities and Exchange Commission (the "SEC") offering for sale a minimum of
800,000 and maximum of 1,200,000 shares of its $1.00 par value Common Stock (the
"Offering").  The sales price for each share of Common Stock is $10.00.  All
subscription proceeds will be held by an Escrow Agent pending acceptance of
subscriptions, completion of the Offering, and the receipt of preliminary
approvals from the various banking regulators.  If the sale of the minimum
(800,000) shares of Common Stock is not accomplished by the expiration date, as
it may be extended, all subscriptions will be canceled and all proceeds returned
with interest to the subscribers.  If the sale of the minimum (800,000) shares
of Common Stock is accomplished and all preliminary regulatory approvals
obtained, the Company will capitalize the Bank and commence banking operations.
The Offering was declared effective by the SEC on April 4, 2003; as of the date
of this report, the sale of the Company's common stock is in progress.

	In connection with the Company's formation and Offering, up to 200,000
stock warrants will be issued to the Company's organizers.  The issuance of the
warrants is subject to regulatory approval and various conditions.  Organizers
will be awarded one warrant for each share of Common Stock purchased in the
Offering.  Each warrant will entitle its owner to purchase one share of Common
Stock for a price of $10.00.  The warrants will vest in one-third annual
increments over a three-year period beginning on the one-year anniversary date
of the issuance of Common Stock sold in the Offering.  Warrants, when vested,
will be exercisable for a period of no more than ten years from the date that
the Company issues the Common Stock that is sold in the Offering, or no more
than ninety days after a warrant holder ceases to be either a director or senior
executive of the Company, whichever period is shorter.  As of September 30,
2003, no warrants were issued or outstanding.

	The Company will reserve up to 80,000 shares of Common Stock for issuance
under a stock option plan, which will be administered by the Company's Personnel
and Compensation Committee (the "Committee").  The Committee will have the
authority to award stock options to eligible persons, to determine exercise
price, expiration date, forfeiture or termination provisions, and all other
administrative responsibilities.  As of September 30, 2003, no such options were
issued or outstanding.

	The Company is a development stage enterprise as defined by the Financial
Accounting Standards Board Statement No. 7, "Accounting and Reporting by
Development Stage Enterprises," as it devotes substantially all its efforts to
establishing a new business, its planned principal operations have not commenced
and there has been no significant revenue from the planned principal operations.

NOTE 3 - RECENT ACCOUNTING PRONOUNCEMENTS

     In December 2001, the American Institute of Certified Public Accountants
issued Statement of Position ("SOP") 01-6, "Accounting by Certain Entities
(Including Entities With Trade Receivables) That Lend to or Finance the
Activities of Others."  SOP 01-6 reconciles the specialized accounting and
financial reporting guidance in the existing Banks and Savings Institutions
Guide, Audits of Credit Unions Guide, and Audits of Finance Companies Guide.
The SOP eliminates differences in accounting and disclosure established by
the respective guides and carries forward accounting guidance for transactions
determined to be unique to certain financial institutions.  Adoption of this
pronouncement has not had a material impact on the Company's results of
operations or financial position.

	In October 2002, the Financial Accounting Standards Board ("FASB") issued
SFAS No. 147, "Acquisitions of Certain Financial Institutions," which addresses
accounting for the acquisition of certain financial institutions.  The
provisions of SFAS No. 147 rescind the specialized accounting guidance in
paragraph 5 of SFAS No. 72 and would require unidentifiable intangible assets to
be reclassified to goodwill if certain criteria are met.  Financial institutions
meeting the conditions outlined in SFAS No. 147 will be required to restate
previously issued financial statements after September 30, 2002.  The adoption
of SFAS No. 147 has had no material impact on the Company's results of
operations or financial position.

	In December 2002, FASB issued SFAS No. 148, "Accounting for Stock-Based
Compensation - Transition and Disclosure," which amended SFAS No. 123,
"Accounting for Stock-Based Compensation" to provide alternative methods of
transition for a voluntary change to the fair value based method of accounting
for stock-based compensation.  In addition, this statement amended the
disclosure requirements of SFAS No. 123 to require prominent disclosures in both
annual and interim financial statements about the method of accounting for
stock-based employee compensation and the effect of the chosen method on
reporting results.  The provisions of SFAS No. 148 are effective for annual
periods ending December 15, 2002, and for interim periods beginning after
December 15, 2002.

	In November 2002, FASB issued Interpretation No. 45, "Guarantor's
Accounting and Disclosure Requirements for Guarantees, Including Indirect
Guarantees of Indebtedness of Others."  It addresses the accounting for the
stand-ready obligation under guarantees.  A guarantor is required to recognize a
liability with respect to its stand-ready obligation under the guarantee even if
the probability of future payments under the guarantee is remote.  The initial
liability will be measured as the fair value of the stand-ready obligation.
Additionally, the Interpretation addresses the disclosure requirements for
guarantees including the nature and terms of the guarantees, maximum potential
for future amounts and the carrying amount of the liabilities.  The disclosure
requirements are effective for interim and annual financial statements ending
after December 15, 2002.  The initial recognition and measurement provisions are
effective for all guarantees within the scope of Interpretation 45 issued or
modified after December 31, 2002.  Commercial letters of credit and other loan
commitments, which are commonly thought of as guarantees of funds were not
included in the scope of interpretation.  The Company has made relevant
disclosures in the current year financial statements.  The Company does not
expect the adoption of Interpretation No. 45 to have a material impact on its
financials.



ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR
-----------------------------------------------------------------------
         PLAN OF OPERATION.
         ------------------

	The following discussion and analysis provides information which the
Company believes is relevant to an assessment and understanding of the
Company's results of operations and financial condition.  This discussion
should be read in conjunction with the financial statements and accompanying
notes appearing in this report.


OVERVIEW

	Freedom Bancshares, Inc. (the "Company") was incorporated on January 17,
2003 to serve as a holding company for a proposed de novo bank, Freedom Bank (in
organization), Commerce, Georgia (the "Bank").  On January 24, 2003, the
Company succeeded to all the assets and liabilities of a partnership that had
been established by the organizers of the Bank in November of 2002 and through
which the organizers' activities had been conducted.  The Company is still in a
development stage and will remain in that stage until the Bank opens for
business.  Since its inception, the Company's main focus has been centered on
activities relating to the organization of the Company and the Bank, conducting
the Company's initial public offering, applying to the Georgia Department of
Banking and Finance (the "GaDBF") for a bank charter, applying to the Federal
Deposit Insurance Corporation (the "FDIC") for deposit insurance, conducting
the sale of the Company's common stock, interviewing and hiring personnel, and
identifying the location from which the Company and its subsidiary Bank will
operate.

	The Company has filed a Registration Statement on Form SB-2 with the
Securities and Exchange Commission (the "SEC") which Registration Statement
became effective April 4, 2003.  Pursuant to the Registration Statement, a
minimum of 800,000 shares of the Company's common stock, $1.00 par value per
share (the "Common Stock"), and a maximum of 1,200,000 shares of Common Stock
were registered for sale at an offering price of $10.00 per share.  As of
November 6, 2003, subscriptions for 675,532 shares of the Company's common
stock have been received.


FINANCIAL RESULTS

	Since the date of inception is October 2, 2002, no comparison of
performance between September 30, 2003 and September 30, 2002 is possible.
Accordingly, we will only discuss the financial results for the three and nine-
month periods ended September 30, 2003.

	For the three-month period ended September 30, 2003, net loss amounted to
$(185,646).  The net loss consisted only of expenses as there were no revenues.
The largest expense is salaries and benefits in the amount of $116,955,
representing 63.0% of total expenses.  The only other significant expense is
professional fees which amounted to $32,809, representing 17.7% of total
expenses.  Other expenses, such as interest, rent, travel, etc. aggregated
20.3% of total expenses.

	For the nine-month period ended September 30, 2003, net loss amounted to
$(514,943).  The primary expenses were salaries and benefits ($329,496) and
professional fees ($86,156).  The Company has four full time employees to
manage the operational and financial affairs of the Company.  Professional
expenses consist of legal, accounting, and fees paid to professionals
assisting the Company with its applications to the various governmental
agencies.  The Company's balance sheet, as of September 30, 2003, shows a
deferred registration account with $257,179; the money represents costs
associated with the preparation of various legal documents, such as the Offering
(Prospectus) documents, and selling expenses relative to the Company's common
stock.  In the event the Company is unable to sell 800,000 shares of common
stock, the amount in the deferred registration account will be charged against
the Company's earnings.  If the Company is successful in selling the minimum
800,000 shares, deferred registration costs will be netted against paid-in-
capital.

	Because the Company is in the organizational stage, it has no operations
from which to generate revenues.  Note that interest income earned on funds
raised from the sale of the Company's common stock and held in escrow by the
escrow agent will be released to the Company upon the Bank's opening for
business.  Initially, the Bank anticipates deriving its revenues principally
from interest charged on loans and, to a lesser extent, from interest earned
on investments, fees received in connection with the origination of loans and
other miscellaneous fees and service charges.  Its principal expenses are
anticipated to be interest expense on deposits and operating expenses.  The
funds for these activities are anticipated to be provided principally by
operating revenues, deposit growth, purchases of federal funds from other
banks, sale of loans and investment securities, and partial or full repayment
of loans by borrowers.

	The Bank's operations will depend substantially on its net interest
income, which is the difference between the interest income earned on its
loans and other assets and the interest expense paid on its deposits and other
borrowings.  This difference is largely affected by changes in market interest
rates, credit policies of monetary authorities, and other local, national or
international economic factors which are beyond the Bank's ability to predict
or control.  Large moves in interest rates may decrease or eliminate the
Bank's profitability.


FUNDING OF OPERATIONS AND LIQUIDITY

	The Company's operations from inception through September 30, 2003 have
been funded through an unsecured revolving line of credit, extended by an
unrelated financial institution.  The line of credit originated at $500,000 and
was later increased to $750,000, and then to $1,000,000.  As of September 30,
2003, the borrowings are as follows:

                             Date of                    Director(s)'
                Amount       Maturity    Collateral     Guarantee
                ------       --------    ----------     ------------
              $ 910,000      03-17-04        - -            Yes

	The Company believes that the proceeds to be raised during the initial
public offering will provide sufficient capital to support the growth of both
the Company and the Bank for their initial years of operations.  The Company
does not anticipate that it will need to raise additional funds to meet
expenditures required to operate its business or that of the Bank over the
initial twelve months after a successful Offering; all anticipated material
expenditures during that period are expected to be provided for out of the
proceeds of the Company's initial public offering.


CAPITAL EXPENDITURES

	There have been no significant capital expenditures undertaken by the
Company.  As of September 30, 2003, the Company had purchased office equipment
having an aggregate cost of under $10,000.


ADVISORY NOTE REGARDING FORWARD-LOOKING STATEMENTS

	Certain of the statements contained in this report on Form 10-QSB that
are not historical facts are forward looking statements relating to, without
limitation, future economic performance, plans and objectives of management
for future operations, and projections of revenues and other financial items
that are based on the beliefs of the Company's management, as well as
assumptions made by and information currently available to the Company's
management.

	The Company cautions readers of this report that such forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements of the Company
to be materially different from those expressed or implied by such forward-
looking statements.  Although the Company's management believes that their
expectations of future performance are based on reasonable assumptions within
the bounds of their knowledge of their business and operations, there can be
no assurance that actual results will not differ materially from their
expectations.

	The Company's operating performance each quarter is subject to various
risks and uncertainties that are discussed in detail in the Company's filings
with the SEC, including the "Risk Factors" section of the Company's
Registration Statement (Registration No. 333-92653) as filed with the SEC and
declared effective on April 4, 2003.


ITEM 3.  CONTROLS AND PROCEDURES
-------  -----------------------

	As of the end of the period covered by this report, the Company carried
out an evaluation, under the supervision and with the participation of the
Company's management, including the Company's Chief Executive Officer and Chief
Financial Officer, of the effectiveness of the design and operation of the
Company's disclosure controls and procedures pursuant to Exchange Act Rule 15d-
15.  Based upon that evaluation, the Company's Chief Executive Officer and Chief
Financial Officer concluded that the Company's disclosure controls an procedures
are effective in timely alerting them to material information relating to the
Company that is required to be included in the Company's periodic filings with
the Office of the Comptroller of the Currency.  There have been no changes in
the Company's internal control over financial reporting during the quarter ended
September 30, 2003 that have materially affected, or are reasonably likely to
materially affect, the Company's internal control over financial reporting.



                         PART II.  OTHER INFORMATION


ITEM 1.  LEGAL PROCEEDINGS.
---------------------------

	The Company is not a party to any pending litigation.


ITEM 2.  CHANGES IN SECURITIES AND USE OF PROCEEDS.
---------------------------------------------------

	During the nine months ended September 30, 2003, the Company did not issue
any securities without registration under the Securities Act of 1933.


ITEM 3.  DEFAULTS UPON SENIOR SECURITIES.
-----------------------------------------

	This item is not applicable.


ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
-------------------------------------------------------------

	No matters were submitted to a vote of the shareholders of the Company
during the three months ended September 30, 2003.


ITEM 5.  OTHER INFORMATION.
---------------------------

	Effective October 27, 2003, Clyde McArthur was hired to serve as the
Company's and Subsidiary's (in organization) Chief Financial Officer, to fill
the vacancy caused by William Talley's separation, which became effective
October 2, 2003.


ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K.
------------------------------------------

A.     Exhibits:

       Exhibit
       Number                          Exhibit
       -------                         -------

       31.1   Certification of the Chief Executive Officer, Pursuant to Rule
              15d-14(a) under the Securities Exchange Act of 1934, as amended.

       31.2   Certification of the Chief Financial Officer, Pursuant to Rule
              15d-14(a) under the Securities Exchange Act of 1934, as amended.

       32.1   Certification of the Chief Executive Officer and Chief Financial
              Officer, Pursuant to Rule 15d-14(a), as Adopted Pursuant to
              Section 906 of the Sarbanes-Oxley Act of 2002.

B.     Reports on Form 8-K:

       None.



                           SIGNATURES


	Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                             FREEDOM BANCSHARES, INC.
                             ---------------------------------------
                            (Registrant)


Date: November 13, 2003  By: /s/ Vincent D. Cater
      -----------------      ---------------------------------------
                             Vincent D. Cater
                             Chief Executive Officer
                             (Executive)

Date: November 13, 2003  By: /s/ Clyde McArthur
      -----------------      ---------------------------------------
                             Clyde McArthur
                             Chief Financial Officer
                             (Executive)