REDEMPTION BANK

SALT LAKE CITY, UT | Micro | Est. Feb. 20, 1974, midnight | FDIC #21448 | RSSD #617275 | FDIC
Latest Report: 2025-12-31

REDEMPTION BANK is amn micro FDIC-insured commercial bank headquartered in SALT LAKE CITY, UT, established in Feb. 20, 1974, midnight. As of 2025-12-31, the bank reported total assets of $72M and total deposits of $58M. Profitability stands at -1.90% ROA and -9.64% ROE, with a net interest margin of 6.14%. The bank's CET1 capital ratio is 19.54%, well above the regulatory minimum. Asset quality metrics show a non-performing loan ratio of 1.24% and a Texas Ratio of 4.37%. FDIC Certificate #21448.

Assets

$72M

Deposits

$58M

Loans

$53M

Equity

$14M

Profitability

Return on Assets (ROA) -1.90%
Return on Equity (ROE) -9.64%
Net Interest Margin (NIM) 6.14%
Yield on Assets 7.87%
Cost of Funds 2.82%

Asset Quality

NPL Ratio 1.24%
Net Charge-Off Ratio -0.01%
Texas Ratio 4.37%
NPA Ratio 0.90%
ACL / Loans 1.41%

Capital & Liquidity

CET1 Ratio 19.54%
Tier 1 Capital 19.54%
Total Capital Ratio 20.52%
Leverage Ratio 19.29%
Loan-to-Deposit 91.28%

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