FACTANKER · measured, cited, anchored official records connected

Call report 2024Q3

REDEMPTION BANK — 2024Q3

The 22 measures REDEMPTION BANK reported to the FFIEC for 2024Q3, each linked to its source filing.

PERIOD: 2024Q3SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/8575b2f5-db87-4965-b855-db8d84e48c69/2024Q3

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets64,586,000USDevidence →
Total loans42,386,000USDevidence →
Allowance for loan losses653,000USDevidence →
Securities available for sale982,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits52,727,000USDevidence →
Interest-bearing deposits37,161,000USDevidence →
Noninterest-bearing deposits15,566,000USDevidence →
Equity capital11,224,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income3,231,000USDevidence →
Interest expense1,044,000USDevidence →
Net interest income2,187,000USDevidence →
Noninterest income69,000USDevidence →
Noninterest expense1,746,000USDevidence →
Provision for loan losses-220,000USDevidence →
Pretax income730,000USDevidence →
Income tax189,000USDevidence →
Net income541,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital11,224,000USDevidence →