Call reports 2001
REDEMPTION BANK — 2001
What REDEMPTION BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 48,347,000 | 46,551,000 | 56,324,000 | 60,893,000 |
| Total loans | 39,583,000 | 38,939,000 | 45,862,000 | 52,591,000 |
| Allowance for loan losses | 380,000 | 489,000 | 535,000 | 588,000 |
| Securities available for sale | 1,708,000 | 1,648,000 | 1,628,000 | 1,575,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,184,000 | 40,196,000 | 49,668,000 | 53,987,000 |
| Interest-bearing deposits | 32,927,000 | 33,883,000 | 43,048,000 | 43,214,000 |
| Noninterest-bearing deposits | 9,257,000 | 6,313,000 | 6,620,000 | 10,773,000 |
| Equity capital | 5,635,000 | 5,821,000 | 6,140,000 | 6,171,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,277,000 | 2,740,000 | 4,260,000 | 5,926,000 |
| Interest expense | 478,000 | 928,000 | 1,430,000 | 1,890,000 |
| Net interest income | 799,000 | 1,812,000 | 2,830,000 | 4,036,000 |
| Noninterest income | 33,000 | 64,000 | 102,000 | 135,000 |
| Noninterest expense | 434,000 | 891,000 | 1,356,000 | 1,927,000 |
| Provision for loan losses | 51,000 | 109,000 | 154,000 | 379,000 |
| Pretax income | 347,000 | 876,000 | 1,422,000 | 1,865,000 |
| Income tax | 118,000 | 302,000 | 542,000 | 687,000 |
| Net income | 229,000 | 574,000 | 880,000 | 1,178,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,597,000 | 5,789,000 | 6,095,000 | 6,138,000 |
| Total capital | 5,977,000 | 6,278,000 | 6,630,000 | 6,726,000 |
| Risk-weighted assets | 39,616,000 | 39,417,000 | 46,862,000 | 52,700,000 |