Call reports 2013
REDEMPTION BANK — 2013
What REDEMPTION BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 47,980,000 | 47,765,000 | 48,212,000 | 47,735,000 |
| Total loans | 32,614,000 | 31,408,000 | 30,784,000 | 31,853,000 |
| Allowance for loan losses | 940,000 | 945,000 | 987,000 | 973,000 |
| Securities available for sale | 777,000 | 666,000 | 666,000 | 415,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,491,000 | 41,225,000 | 41,606,000 | 41,171,000 |
| Interest-bearing deposits | 33,406,000 | 33,215,000 | 34,467,000 | 34,310,000 |
| Noninterest-bearing deposits | 8,085,000 | 8,011,000 | 7,139,000 | 6,861,000 |
| Equity capital | 6,012,000 | 6,081,000 | 6,123,000 | 6,110,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 656,000 | 1,295,000 | 1,920,000 | 2,526,000 |
| Interest expense | 71,000 | 141,000 | 215,000 | 283,000 |
| Net interest income | 585,000 | 1,154,000 | 1,705,000 | 2,243,000 |
| Noninterest income | 45,000 | 12,000 | -28,000 | 92,000 |
| Noninterest expense | 365,000 | 873,000 | 1,343,000 | 1,861,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 265,000 | 293,000 | 334,000 | 474,000 |
| Income tax | 0 | -47,000 | -47,000 | 107,000 |
| Net income | 265,000 | 340,000 | 381,000 | 367,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,721,000 | 5,746,000 | 5,800,000 | 5,861,000 |
| Total capital | 6,183,000 | 6,181,000 | 6,229,000 | 6,294,000 |
| Risk-weighted assets | 36,445,000 | 34,270,000 | 33,741,000 | 34,074,000 |