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Redemption Bank
Salt Lake City, UT · FDIC Certificate #21448 · Chartered 02/2
Total assets
$77.51M
Total deposits
$62.88M
Total equity
$14.00M
Net loans
$58.48M
Branches (offices)
1
Net income (YTD)
-$102.00K
Rank: #3,859 of 4,213 U.S. banks by assets · #43 of 44 in Utah. Assets changed -4.3% and deposits -5.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | -0.28% |
| Return on equity | -1.46% |
| Net interest margin (YTD) | 5.64% |
| Equity to assets | 18.06% |
| Tier 1 leverage ratio | 18.55% |
| Uninsured deposits (share of deposits) | 23.4% |
| Noncurrent loans (share of loans) | 0.38% |
| Net charge-offs (share of loans) | -0.00% |
| Loans to deposits | 93.0% |
| Real estate loans (share of loans) | 75.4% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $44.09M | 75.4% | |
| Commercial & industrial | $8.27M | 14.1% | |
| Consumer / individual | $306.00K | 0.5% | |
| Construction & development | $8.54M | 14.6% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $67.23M | $56.23M | $302.00K | $10.38M |
| Jun 2023 | $62.75M | $51.10M | $17.00K | $11.07M |
| Jun 2024 | $61.64M | $49.84M | $398.00K | $11.19M |
| Jun 2025 | $81.00M | $66.30M | $199.00K | $14.28M |
| Jun 2026 | $77.51M | $62.88M | -$102.00K | $14.00M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Utah | $62.88M | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $62.88M.
Similar-sized banks
Marseilles Bank ($77.60M) · First Bank Of Utica ($77.37M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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