FACTANKER · measured, cited, anchored official records connected

Call report 2024Q4

REDEMPTION BANK — 2024Q4

The 22 measures REDEMPTION BANK reported to the FFIEC for 2024Q4, each linked to its source filing.

PERIOD: 2024Q4SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/8575b2f5-db87-4965-b855-db8d84e48c69/2024Q4

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets64,567,000USDevidence →
Total loans40,621,000USDevidence →
Allowance for loan losses614,000USDevidence →
Securities available for sale456,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits52,804,000USDevidence →
Interest-bearing deposits37,429,000USDevidence →
Noninterest-bearing deposits15,375,000USDevidence →
Equity capital11,175,000USDevidence →

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 income4,358,000USDevidence →
Interest expense1,389,000USDevidence →
Net interest income2,969,000USDevidence →
Noninterest income92,000USDevidence →
Noninterest expense2,381,000USDevidence →
Provision for loan losses-220,000USDevidence →
Pretax income900,000USDevidence →
Income tax210,000USDevidence →
Net income690,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital11,175,000USDevidence →