Call reports 2005
REDEMPTION BANK — 2005
What REDEMPTION BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 41,086,000 | 41,934,000 | 39,331,000 | 41,332,000 |
| Total loans | 28,276,000 | 25,254,000 | 26,818,000 | 31,508,000 |
| Allowance for loan losses | 738,000 | 801,000 | 652,000 | 652,000 |
| Securities available for sale | 1,559,000 | 754,000 | 248,000 | 236,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,715,000 | 33,310,000 | 30,445,000 | 32,389,000 |
| Interest-bearing deposits | 26,730,000 | 27,672,000 | 23,145,000 | 24,579,000 |
| Noninterest-bearing deposits | 5,985,000 | 5,638,000 | 7,300,000 | 7,810,000 |
| Equity capital | 7,926,000 | 8,152,000 | 8,310,000 | 8,018,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 714,000 | 1,372,000 | 2,200,000 | 3,011,000 |
| Interest expense | 129,000 | 264,000 | 402,000 | 563,000 |
| Net interest income | 585,000 | 1,108,000 | 1,798,000 | 2,448,000 |
| Noninterest income | 34,000 | 334,000 | 362,000 | 504,000 |
| Noninterest expense | 376,000 | 843,000 | 1,259,000 | 1,712,000 |
| Provision for loan losses | 16,000 | 16,000 | 16,000 | 16,000 |
| Pretax income | 227,000 | 583,000 | 885,000 | 1,224,000 |
| Income tax | 60,000 | 189,000 | 281,000 | 400,000 |
| Net income | 167,000 | 394,000 | 604,000 | 824,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,922,000 | 8,148,000 | 8,307,000 | 8,016,000 |
| Total capital | 8,309,000 | 8,517,000 | 8,701,000 | 8,457,000 |
| Risk-weighted assets | 30,642,000 | 29,063,000 | 31,265,000 | 35,040,000 |