Call reports 2019
REDEMPTION BANK — 2019
What REDEMPTION BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 57,873,000 | 57,489,000 | 57,699,000 | 56,999,000 |
| Total loans | 37,737,000 | 39,023,000 | 36,927,000 | 37,572,000 |
| Allowance for loan losses | 959,000 | 969,000 | 975,000 | 975,000 |
| Securities available for sale | 1,982,000 | 2,132,000 | 1,995,000 | 1,893,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,933,000 | 47,322,000 | 47,204,000 | 46,442,000 |
| Interest-bearing deposits | 35,818,000 | 34,022,000 | 32,663,000 | 33,436,000 |
| Noninterest-bearing deposits | 12,116,000 | 13,300,000 | 14,541,000 | 13,006,000 |
| Equity capital | 9,437,000 | 9,630,000 | 9,769,000 | 9,896,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 826,000 | 1,650,000 | 2,552,000 | 3,318,000 |
| Interest expense | 105,000 | 216,000 | 331,000 | 451,000 |
| Net interest income | 721,000 | 1,434,000 | 2,221,000 | 2,867,000 |
| Noninterest income | 37,000 | 53,000 | 74,000 | 92,000 |
| Noninterest expense | 471,000 | 947,000 | 1,442,000 | 1,918,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 287,000 | 540,000 | 853,000 | 1,041,000 |
| Income tax | 70,000 | 145,000 | 220,000 | 249,000 |
| Net income | 217,000 | 395,000 | 633,000 | 792,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,254,000 | 9,543,000 | 9,697,000 | 9,795,000 |
| Total capital | 9,738,000 | 10,039,000 | 10,158,000 | 10,257,000 |
| Risk-weighted assets | 38,260,000 | 39,226,000 | 36,390,000 | 36,422,000 |