Call reports 2024
REDSTONE BANK — 2024
What REDSTONE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 254,112,000 | 251,725,000 | 283,092,000 | 235,910,000 |
| Total loans | 158,296,000 | 165,631,000 | 161,527,000 | 160,633,000 |
| Allowance for loan losses | 2,774,000 | 2,777,000 | 2,763,000 | 2,837,000 |
| Securities available for sale | 57,113,000 | 55,718,000 | 54,325,000 | 52,331,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 200,478,000 | 197,975,000 | 228,362,000 | 199,359,000 |
| Interest-bearing deposits | 150,273,000 | 147,420,000 | 164,809,000 | 146,764,000 |
| Noninterest-bearing deposits | 50,205,000 | 50,555,000 | 63,553,000 | 52,595,000 |
| Equity capital | 29,797,000 | 30,139,000 | 31,281,000 | 30,871,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 3,648,000 | 7,315,000 | 11,200,000 | 14,875,000 |
| Interest expense | 1,625,000 | 3,202,000 | 4,909,000 | 6,469,000 |
| Net interest income | 2,023,000 | 4,113,000 | 6,291,000 | 8,406,000 |
| Noninterest income | 98,000 | 191,000 | 280,000 | 351,000 |
| Noninterest expense | 1,663,000 | 3,290,000 | 5,069,000 | 6,776,000 |
| Provision for loan losses | -5,000 | -2,000 | -16,000 | 58,000 |
| Pretax income | 262,000 | 818,000 | 1,306,000 | 1,714,000 |
| Income tax | 55,000 | 180,000 | 298,000 | 420,000 |
| Net income | 207,000 | 638,000 | 1,008,000 | 1,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,449,000 | 28,969,000 | 29,425,000 | 29,800,000 |
| Total capital | 30,904,000 | 31,518,000 | — | 32,241,000 |
| Risk-weighted assets | 195,995,000 | 203,629,000 | — | 194,775,000 |