Call reports 2006
REDEMPTION BANK — 2006
What REDEMPTION BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 41,494,000 | 42,157,000 | 47,414,000 | 45,709,000 |
| Total loans | 31,779,000 | 33,454,000 | 34,093,000 | 36,439,000 |
| Allowance for loan losses | 652,000 | 648,000 | 648,000 | 677,000 |
| Securities available for sale | 230,000 | 225,000 | 222,000 | 217,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,912,000 | 33,356,000 | 38,465,000 | 36,680,000 |
| Interest-bearing deposits | 25,701,000 | 25,575,000 | 31,566,000 | 29,444,000 |
| Noninterest-bearing deposits | 7,211,000 | 7,781,000 | 6,899,000 | 7,236,000 |
| Equity capital | 8,168,000 | 8,312,000 | 8,498,000 | 8,182,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 856,000 | 1,845,000 | 2,908,000 | 4,009,000 |
| Interest expense | 194,000 | 412,000 | 710,000 | 1,022,000 |
| Net interest income | 662,000 | 1,433,000 | 2,198,000 | 2,987,000 |
| Noninterest income | 42,000 | 85,000 | 95,000 | 94,000 |
| Noninterest expense | 454,000 | 902,000 | 1,381,000 | 1,847,000 |
| Provision for loan losses | 0 | 0 | 0 | 28,000 |
| Pretax income | 250,000 | 616,000 | 912,000 | 1,206,000 |
| Income tax | 100,000 | 220,000 | 330,000 | 428,000 |
| Net income | 150,000 | 396,000 | 582,000 | 778,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,167,000 | 8,311,000 | 8,497,000 | 8,182,000 |
| Total capital | 8,613,000 | 8,774,000 | 8,958,000 | 8,664,000 |
| Risk-weighted assets | 35,489,000 | 36,875,000 | 36,683,000 | 38,357,000 |