Call report 2024Q1
REDEMPTION BANK — 2024Q1
The 22 measures REDEMPTION BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 62,827,000 | USD | evidence → |
| Total loans | 43,688,000 | USD | evidence → |
| Allowance for loan losses | 672,000 | USD | evidence → |
| Securities available for sale | 1,517,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 50,962,000 | USD | evidence → |
| Interest-bearing deposits | 35,181,000 | USD | evidence → |
| Noninterest-bearing deposits | 15,781,000 | USD | evidence → |
| Equity capital | 11,350,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 884,000 | USD | evidence → |
| Interest expense | 331,000 | USD | evidence → |
| Net interest income | 553,000 | USD | evidence → |
| Noninterest income | 22,000 | USD | evidence → |
| Noninterest expense | 554,000 | USD | evidence → |
| Provision for loan losses | -200,000 | USD | evidence → |
| Pretax income | 221,000 | USD | evidence → |
| Income tax | 1,000 | USD | evidence → |
| Net income | 220,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 11,350,000 | USD | evidence → |