Call reports 2020
REDSTONE BANK — 2020
What REDSTONE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 172,353,000 | 196,051,000 | 202,916,000 | 200,363,000 |
| Total loans | 101,332,000 | 106,316,000 | 102,173,000 | 96,188,000 |
| Allowance for loan losses | 1,550,000 | 1,775,000 | 1,850,000 | 1,850,000 |
| Securities available for sale | 29,043,000 | 58,218,000 | 64,633,000 | 77,446,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 139,111,000 | 153,933,000 | 160,775,000 | 160,703,000 |
| Interest-bearing deposits | 92,413,000 | 91,791,000 | 103,974,000 | 105,119,000 |
| Noninterest-bearing deposits | 46,698,000 | 62,142,000 | 56,801,000 | 55,584,000 |
| Equity capital | 26,624,000 | 27,293,000 | 27,669,000 | 28,150,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 2,127,000 | 4,610,000 | 6,437,000 | 8,146,000 |
| Interest expense | 400,000 | 743,000 | 1,022,000 | 1,265,000 |
| Net interest income | 1,727,000 | 3,867,000 | 5,415,000 | 6,881,000 |
| Noninterest income | 31,000 | 68,000 | 103,000 | 147,000 |
| Noninterest expense | 1,311,000 | 2,523,000 | 3,753,000 | 5,023,000 |
| Provision for loan losses | 0 | 225,000 | 300,000 | 300,000 |
| Pretax income | 447,000 | 1,187,000 | 1,465,000 | 1,705,000 |
| Income tax | 115,000 | 302,000 | 381,000 | 483,000 |
| Net income | 332,000 | 885,000 | 1,084,000 | 1,222,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,626,000 | 21,267,000 | 21,554,000 | 21,780,000 |
| Total capital | 21,951,000 | 22,462,000 | 22,885,000 | 23,124,000 |
| Risk-weighted assets | 105,841,000 | 95,067,000 | 106,017,000 | 107,016,000 |