Call report 2024Q2
REDEMPTION BANK — 2024Q2
The 22 measures REDEMPTION BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 61,639,000 | USD | evidence → |
| Total loans | 41,921,000 | USD | evidence → |
| Allowance for loan losses | 673,000 | USD | evidence → |
| Securities available for sale | 1,030,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 49,841,000 | USD | evidence → |
| Interest-bearing deposits | 36,144,000 | USD | evidence → |
| Noninterest-bearing deposits | 13,697,000 | USD | evidence → |
| Equity capital | 11,188,000 | 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 | 2,086,000 | USD | evidence → |
| Interest expense | 678,000 | USD | evidence → |
| Net interest income | 1,408,000 | USD | evidence → |
| Noninterest income | 46,000 | USD | evidence → |
| Noninterest expense | 1,129,000 | USD | evidence → |
| Provision for loan losses | -200,000 | USD | evidence → |
| Pretax income | 525,000 | USD | evidence → |
| Income tax | 127,000 | USD | evidence → |
| Net income | 398,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 11,188,000 | USD | evidence → |