Call reports 2004
REDWOOD CAPITAL BANK — 2004
What REDWOOD CAPITAL BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 15,560,000 | 33,821,000 | 42,043,000 | 52,109,000 |
| Total loans | 38,000 | 5,298,000 | 15,919,000 | 23,038,000 |
| Allowance for loan losses | 0 | 80,000 | 228,000 | 334,000 |
| Securities available for sale | 0 | 9,397,000 | 9,455,000 | 10,728,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,712,000 | 23,896,000 | 33,289,000 | 43,705,000 |
| Interest-bearing deposits | 5,060,000 | 18,298,000 | 27,080,000 | 33,026,000 |
| Noninterest-bearing deposits | 652,000 | 5,598,000 | 6,209,000 | 10,678,000 |
| Equity capital | 9,747,000 | 9,858,000 | 8,681,000 | 8,242,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 24,000 | 129,000 | 401,000 | 875,000 |
| Interest expense | 10,000 | 44,000 | 113,000 | 206,000 |
| Net interest income | 14,000 | 85,000 | 288,000 | 669,000 |
| Noninterest income | 0 | 40,000 | 79,000 | 125,000 |
| Noninterest expense | 1,266,000 | 1,920,000 | 2,558,000 | 3,290,000 |
| Provision for loan losses | 0 | 80,000 | 228,000 | 334,000 |
| Pretax income | -1,252,000 | -1,875,000 | -2,419,000 | -2,830,000 |
| Income tax | 1,000 | -749,000 | 1,000 | 1,000 |
| Net income | -1,253,000 | -1,126,000 | -2,420,000 | -2,831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,747,000 | 9,921,000 | 8,650,000 | 8,262,000 |
| Total capital | 9,747,000 | 10,001,000 | 8,878,000 | 8,612,000 |
| Risk-weighted assets | 3,669,000 | 11,929,000 | 22,064,000 | 30,717,000 |