BanksREDEMPTION BANK

REDEMPTION BANK

SALT LAKE CITY, UTMicroEst. Feb. 20, 1974, midnightFDIC #21448RSSD #617275FDIC
Latest · 2025-12-31

REDEMPTION BANK is an 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%. CET1 capital ratio: 19.54%, well above regulatory minimums. NPL ratio: 1.24% · Texas Ratio: 4.37%. Operates 1 domestic branch.

Assets
$72M
Deposits
$58M
Loans
$53M
Equity
$14M

Profitability

Return on Assets (ROA)-1.90%
Return on Equity (ROE)-9.64%
Net Interest Margin6.14%
Yield on Assets7.87%
Cost of Funds2.01%

Asset Quality

NPL Ratio1.24%
Net Charge-Off Ratio-0.01%
Texas Ratio4.37%
NPA Ratio0.90%
ACL / Loans1.41%

Capital & Liquidity

CET1 Ratio19.54%
Tier 1 Capital19.54%
Total Capital Ratio20.52%
Leverage Ratio19.29%
Loan-to-Deposit91.28%

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