Call reports 2004
REDEMPTION BANK — 2004
What REDEMPTION BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 41,028,000 | 39,979,000 | 38,978,000 | 38,954,000 |
| Total loans | 27,552,000 | 25,786,000 | 27,348,000 | 29,007,000 |
| Allowance for loan losses | 844,000 | 868,000 | 809,000 | 720,000 |
| Securities available for sale | 720,000 | 670,000 | 627,000 | 581,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,090,000 | 31,964,000 | 31,016,000 | 30,790,000 |
| Interest-bearing deposits | 27,612,000 | 26,593,000 | 25,600,000 | 25,480,000 |
| Noninterest-bearing deposits | 5,478,000 | 5,371,000 | 5,416,000 | 5,310,000 |
| Equity capital | 7,678,000 | 7,720,000 | 7,705,000 | 7,763,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 619,000 | 1,216,000 | 1,853,000 | 2,561,000 |
| Interest expense | 129,000 | 241,000 | 354,000 | 478,000 |
| Net interest income | 490,000 | 975,000 | 1,499,000 | 2,083,000 |
| Noninterest income | 40,000 | 72,000 | -80,000 | -55,000 |
| Noninterest expense | 352,000 | 696,000 | 1,050,000 | 1,474,000 |
| Provision for loan losses | 23,000 | 40,000 | 40,000 | 52,000 |
| Pretax income | 155,000 | 311,000 | 329,000 | 502,000 |
| Income tax | 49,000 | 105,000 | 136,000 | 195,000 |
| Net income | 106,000 | 206,000 | 193,000 | 307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,655,000 | 7,705,000 | 7,692,000 | 7,755,000 |
| Total capital | 8,046,000 | 8,081,000 | 8,076,000 | 8,147,000 |
| Risk-weighted assets | 30,856,000 | 29,575,000 | 30,262,000 | 31,047,000 |