Call reports 2015
REDEMPTION BANK — 2015
What REDEMPTION BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 52,774,000 | 52,734,000 | 50,718,000 | 50,315,000 |
| Total loans | 30,490,000 | 29,193,000 | 31,298,000 | 33,899,000 |
| Allowance for loan losses | 680,000 | 692,000 | 699,000 | 730,000 |
| Securities available for sale | 615,000 | 732,000 | 733,000 | 730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,056,000 | 45,717,000 | 43,582,000 | 43,010,000 |
| Interest-bearing deposits | 35,797,000 | 34,456,000 | 33,012,000 | 32,794,000 |
| Noninterest-bearing deposits | 9,259,000 | 11,262,000 | 10,570,000 | 10,216,000 |
| Equity capital | 6,402,000 | 6,450,000 | 6,542,000 | 6,781,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 608,000 | 1,214,000 | 1,821,000 | 2,467,000 |
| Interest expense | 60,000 | 115,000 | 170,000 | 234,000 |
| Net interest income | 548,000 | 1,099,000 | 1,651,000 | 2,233,000 |
| Noninterest income | 32,000 | 26,000 | 68,000 | 105,000 |
| Noninterest expense | 421,000 | 886,000 | 1,360,000 | 1,830,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 159,000 | 239,000 | 359,000 | 508,000 |
| Income tax | 30,000 | 60,000 | 90,000 | 0 |
| Net income | 129,000 | 179,000 | 269,000 | 508,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,225,000 | 6,304,000 | 6,425,000 | 6,574,000 |
| Total capital | 6,638,000 | 6,688,000 | 6,823,000 | 7,004,000 |
| Risk-weighted assets | 32,723,000 | 30,340,000 | 31,450,000 | 33,973,000 |