Institution Statistics
| Redstone Bank | | FDIC Certificate # | 58826 | | BankRate Report | View | | Year Established | 2008 | | Employees | 12 | | Primary Regulator | FDIC |
Assets and Liabilities | | Assets | $56.72 million | | Loans | $37.88 million | | Deposits | $48.79 million | | Equity Capital | $7.80 million | | Loan Loss Allowance | $584,000 |
Historic Data - March 2011 | | Assets | $43.04 million | | Equity Capital | $8.14 million | | Loan Loss Allowance | $371,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.89% | | Return on Assets | 0.07% | | Return on Equity | 0.51% | | Interest Income | $693,000 |
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Institution Health
Overall Score:
5 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Redstone Bank had $0 in non-current loans and owned real-estate with $8.38 million in equity and loan loss allowances on hand to cover it. This gives Redstone Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Redstone Bank has increased its total deposits by $14.03 million, resulting in 40.36% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Redstone Bank has shown is excellent. | | Capitalization | | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Redstone Bank has $56.72 million in assets with $8.38 million in equity, resulting in a capitalization level of 14.78%, which is excellent. |
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