Call reports 2005
REDWOOD CAPITAL BANK — 2005
What REDWOOD CAPITAL BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 58,365,000 | 64,158,000 | 73,939,000 | 81,232,000 |
| Total loans | 30,207,000 | 40,588,000 | 48,375,000 | 55,352,000 |
| Allowance for loan losses | 433,000 | 553,000 | 629,000 | 692,000 |
| Securities available for sale | 11,551,000 | 11,670,000 | 12,808,000 | 13,576,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,166,000 | 55,953,000 | 65,651,000 | 72,807,000 |
| Interest-bearing deposits | 38,141,000 | 38,972,000 | 50,641,000 | 55,596,000 |
| Noninterest-bearing deposits | 12,025,000 | 16,981,000 | 15,010,000 | 17,211,000 |
| Equity capital | 7,957,000 | 7,799,000 | 7,859,000 | 7,953,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 590,000 | 1,336,000 | 2,359,000 | 3,598,000 |
| Interest expense | 129,000 | 296,000 | 527,000 | 840,000 |
| Net interest income | 461,000 | 1,040,000 | 1,832,000 | 2,758,000 |
| Noninterest income | 74,000 | 183,000 | 336,000 | 540,000 |
| Noninterest expense | 753,000 | 1,534,000 | 2,349,000 | 3,250,000 |
| Provision for loan losses | 99,000 | 219,000 | 295,000 | 358,000 |
| Pretax income | -317,000 | -530,000 | -476,000 | -310,000 |
| Income tax | 1,000 | 1,000 | 1,000 | 1,000 |
| Net income | -318,000 | -531,000 | -477,000 | -311,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,057,000 | 7,867,000 | 7,947,000 | 8,138,000 |
| Total capital | 8,511,000 | 8,435,000 | 8,610,000 | 8,830,000 |
| Risk-weighted assets | 37,722,000 | 45,443,000 | 53,186,000 | 60,598,000 |