Call reports 2011
REDEMPTION BANK — 2011
What REDEMPTION BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 53,054,000 | 51,232,000 | 49,202,000 | 46,128,000 |
| Total loans | 28,743,000 | 26,104,000 | 23,648,000 | 29,504,000 |
| Allowance for loan losses | 950,000 | 767,000 | 955,000 | 968,000 |
| Securities available for sale | 362,000 | 365,000 | 369,000 | 369,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,108,000 | 44,708,000 | 42,761,000 | 40,245,000 |
| Interest-bearing deposits | 40,549,000 | 39,489,000 | 37,144,000 | 35,176,000 |
| Noninterest-bearing deposits | 5,559,000 | 5,219,000 | 5,617,000 | 5,070,000 |
| Equity capital | 6,460,000 | 5,962,000 | 5,850,000 | 5,333,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 616,000 | 1,144,000 | 1,640,000 | 2,101,000 |
| Interest expense | 178,000 | 340,000 | 486,000 | 595,000 |
| Net interest income | 438,000 | 804,000 | 1,154,000 | 1,506,000 |
| Noninterest income | 43,000 | -108,000 | -62,000 | -405,000 |
| Noninterest expense | 484,000 | 1,020,000 | 1,514,000 | 2,036,000 |
| Provision for loan losses | 70,000 | 250,000 | 266,000 | 271,000 |
| Pretax income | -73,000 | -574,000 | -688,000 | -1,206,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -73,000 | -574,000 | -688,000 | -1,206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,457,000 | 5,957,000 | 5,842,000 | 5,324,000 |
| Total capital | 6,891,000 | 6,356,000 | 6,208,000 | 5,758,000 |
| Risk-weighted assets | 34,191,000 | 31,548,000 | 28,666,000 | 34,208,000 |