Call reports 2023
REDSTONE BANK — 2023
What REDSTONE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 221,416,000 | 236,412,000 | 252,131,000 | 250,815,000 |
| Total loans | 134,322,000 | 146,290,000 | 156,370,000 | 156,188,000 |
| Allowance for loan losses | 2,600,000 | 2,492,000 | 2,792,000 | 2,779,000 |
| Securities available for sale | 69,619,000 | 68,642,000 | 61,695,000 | 61,081,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 192,634,000 | 181,822,000 | 198,986,000 | 196,399,000 |
| Interest-bearing deposits | 122,639,000 | 115,770,000 | 150,426,000 | 143,943,000 |
| Noninterest-bearing deposits | 69,995,000 | 66,052,000 | 48,560,000 | 52,456,000 |
| Equity capital | 27,692,000 | 28,418,000 | 27,851,000 | 29,518,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,795,000 | 6,063,000 | 9,627,000 | 13,212,000 |
| Interest expense | 716,000 | 1,725,000 | 3,047,000 | 4,582,000 |
| Net interest income | 2,079,000 | 4,338,000 | 6,580,000 | 8,630,000 |
| Noninterest income | 215,000 | 272,000 | 377,000 | 439,000 |
| Noninterest expense | 1,507,000 | 3,066,000 | 4,691,000 | 6,278,000 |
| Provision for loan losses | 0 | -108,000 | 192,000 | 179,000 |
| Pretax income | 787,000 | 1,544,000 | 1,886,000 | 2,215,000 |
| Income tax | 163,000 | 328,000 | 377,000 | 524,000 |
| Net income | 624,000 | 1,216,000 | 1,509,000 | 1,691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,822,000 | 27,502,000 | 27,884,000 | 28,153,000 |
| Total capital | 28,948,000 | 29,812,000 | 30,259,000 | 30,610,000 |
| Risk-weighted assets | 169,679,000 | 184,559,000 | 189,538,000 | 196,170,000 |