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 Redemption Bank
Redemption Bank
| RSSD ID 617275 | CERTIFICATE 21448 | ABA NUMBER 124302118 |
| 2020 E Murray Holladay Road |
Quarter Ended : |
2025-09-30 |
| Salt Lake City, Utah, 84117 |
Updated : |
2025-10-28 |
| www.redemptionbank.com |
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| Institution Profile |
| Year Opened : |
1974 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
No |
| Filing Type : |
041 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
1 |
Number of Employees : |
15 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 72,481 |
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Total Interest Income | 3,515 |
| Total Liabilities | 58,039 |
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Total NonInterest Income | 691 |
| Total Bank Equity Capital | 14,442 |
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Total Interest Expense | 948 |
| Total Deposits | 57,614 |
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Total NonInterest Expense | 2,676 |
| Net Loans & Leases | 48,216 |
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Net Income | 365 |
| Loan Loss Allowance | 680 |
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Net Charge Offs | (5) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 46,905 |
| Total assets for the leverage ratio | 75,083 |
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Loans secured by real estate: | 42,242 |
| Tier 1 Leverage Ratio | 19.23 |
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Commercial and industrial loans | 4,355 |
| Off Balance Sheet Exposures (%) | 0 |
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Loans to individuals - Credit Cards | 43 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 309 |
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:· Redemption Bank
