BlastPoint's Banking Scorecard
Redemption Bank
Micro
Specialty: Commercial
UT
FDIC cert 21448
Designations: ✓ Community bank
Salt Lake City, UT
2498
banks in Micro tier nationally
9 in UT
View Micro leaderboard (UT) →
Redemption Bank has 2 strengths but faces 2 concerns
Key Strengths
Areas where this bank excels compared to peers
- + Net Interest Margin 1.40% above tier
- + Non-Interest Income / Assets 0.43% above tier
Key Concerns
Areas that may need attention
- - Return on Assets 1.03% below tier
- - Efficiency Ratio 28.41% above tier
Core Metrics
As of 2025-Q4
| Metric | Current | vs Tier | Tier Avg | State Avg (UT) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Total Assets ? |
$72.2M
+11.8% YoY
-0.4% QoQ
|
-$145.3M |
$217.5M
+2.3% YoY
|
$27.8B
+4.3% YoY
|
$5.9B
+6.5% YoY
|
Bottom 14% in tier |
| Total Loans ? |
$51.8M
+29.4% YoY
+7.4% QoQ
|
-$87.4M |
$139.2M
+2.8% YoY
|
$18.4B
+5.7% YoY
|
$3.1B
+8.5% YoY
|
21% |
| Total Deposits ? |
$57.5M
+9.0% YoY
-0.1% QoQ
|
-$126.1M |
$183.7M
+1.8% YoY
|
$22.6B
+4.5% YoY
|
$4.7B
+6.3% YoY
|
Bottom 13% in tier |
| Return on Assets ? |
0.06%
-94.7% YoY
-91.6% QoQ
|
-1.03% |
1.08%
+14.7% YoY
|
1.81%
-9.1% YoY
|
1.12%
+15.6% YoY
|
Bottom 7% in tier |
| Net Interest Margin ? |
5.26%
+6.6% YoY
+4.5% QoQ
|
+1.40% |
3.85%
+6.6% YoY
|
5.42%
-7.6% YoY
|
3.75%
+7.1% YoY
|
Top 6% in tier |
| Efficiency Ratio ? |
96.14%
+23.6% YoY
+17.0% QoQ
|
+28.41% |
67.73%
-4.8% YoY
|
52.17%
+2.9% YoY
|
65.09%
-5.1% YoY
|
Bottom 6% in tier |
| Delinquency Rate ? | 1.25% | +0.61% |
0.64%
+24.4% YoY
|
1.05%
-14.1% YoY
|
0.66%
+20.3% YoY
|
23% |
| Loan-to-Deposit Ratio ? |
89.99%
+18.8% YoY
+7.5% QoQ
|
+15.47% |
74.53%
+0.5% YoY
|
84.36%
-0.6% YoY
|
78.04%
+0.7% YoY
|
23% |
| Non-Interest-Bearing Deposit Share ? |
29.84%
+2.5% YoY
-1.7% QoQ
|
+7.45% |
22.39%
-1.3% YoY
|
13.04%
-1.8% YoY
|
21.79%
-1.3% YoY
|
79% |
| Nonperforming Asset Ratio ? | 0.90% | +0.45% |
0.45%
+25.1% YoY
|
0.58%
-21.1% YoY
|
0.48%
+20.8% YoY
|
22% |
| Tier 1 Capital Ratio ? | 0.00% | -8.85% |
8.85%
-3.4% YoY
|
9.83%
-1.9% YoY
|
9.75%
-1.9% YoY
|
51% |
| Non-Interest Income / Assets ? |
0.99%
+593.0% YoY
+3.6% QoQ
|
+0.43% |
0.56%
+0.3% YoY
|
1.76%
-7.5% YoY
|
0.65%
+0.6% YoY
|
Top 8% in tier |
Signature Analysis
Strengths (2)
Net Interest Margin
metric
Top 6%
in Micro
Why this stands out
Current:
5.26%
(Tier avg: 3.85%, National avg: 3.75%)
Non-Interest Income / Assets
metric
Top 8%
in Micro
Why this stands out
Current:
0.99%
(Tier avg: 0.56%, National avg: 0.65%)
Concerns (2)
Return on Assets
metric
Bottom 7%
in Micro
Why this stands out
Current:
0.06%
(Tier avg: 1.08%, National avg: 1.12%)
Efficiency Ratio
metric
Bottom 6%
in Micro
Why this stands out
Current:
96.14%
(Tier avg: 67.73%, National avg: 65.09%)
Metric Rankings
How this bank ranks across all 12 tracked metrics. Switch cohort to compare against different peer sets.
Strengths: Metrics in the top 25% (75th percentile or higher) Concerns: Metrics in the bottom 25%
Top Strengths
94
94th pctile
Net Interest Margin
Current: 5.26% · Tier avg: 3.85%
92
92th pctile
Non-Interest Income / Assets
Current: 0.99% · Tier avg: 0.56%
79
79th pctile
Non-Interest-Bearing Deposit Share
Current: 29.84% · Tier avg: 22.39%
51
51th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 8.85%
23
23th pctile
Delinquency Rate
Current: 1.25% · Tier avg: 0.64%
23
23th pctile
Loan-to-Deposit Ratio
Current: 89.99% · Tier avg: 74.53%
22
22th pctile
Nonperforming Asset Ratio
Current: 0.90% · Tier avg: 0.45%
21
21th pctile
Total Loans
Current: $51.8M · Tier avg: $139.2M
14
14th pctile
Total Assets
Current: $72.2M · Tier avg: $217.5M
13
13th pctile
Total Deposits
Current: $57.5M · Tier avg: $183.7M
7
7th pctile
Return on Assets
Current: 0.06% · Tier avg: 1.08%
6
6th pctile
Efficiency Ratio
Current: 96.14% · Tier avg: 67.73%
Top Weaknesses
6
6th pctile
Efficiency Ratio
Current: 96.14% · Tier avg: 67.73%
7
7th pctile
Return on Assets
Current: 0.06% · Tier avg: 1.08%
13
13th pctile
Total Deposits
Current: $57.5M · Tier avg: $183.7M
14
14th pctile
Total Assets
Current: $72.2M · Tier avg: $217.5M
21
21th pctile
Total Loans
Current: $51.8M · Tier avg: $139.2M
22
22th pctile
Nonperforming Asset Ratio
Current: 0.90% · Tier avg: 0.45%
23
23th pctile
Loan-to-Deposit Ratio
Current: 89.99% · Tier avg: 74.53%
23
23th pctile
Delinquency Rate
Current: 1.25% · Tier avg: 0.64%
51
51th pctile
Tier 1 Capital Ratio
Current: 0.00% · Tier avg: 8.85%
79
79th pctile
Non-Interest-Bearing Deposit Share
Current: 29.84% · Tier avg: 22.39%
92
92th pctile
Non-Interest Income / Assets
Current: 0.99% · Tier avg: 0.56%
94
94th pctile
Net Interest Margin
Current: 5.26% · Tier avg: 3.85%