Call reports 2007
REDWOOD CAPITAL BANK — 2007
What REDWOOD CAPITAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 106,521,000 | 118,726,000 | 126,731,000 | 128,708,000 |
| Total loans | 85,086,000 | 92,450,000 | 96,250,000 | 104,196,000 |
| Allowance for loan losses | 1,005,000 | 1,115,000 | 1,190,000 | 1,355,000 |
| Securities available for sale | 7,579,000 | 7,409,000 | 5,835,000 | 9,305,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,855,000 | 108,247,000 | 115,799,000 | 117,233,000 |
| Interest-bearing deposits | 77,948,000 | 87,658,000 | 96,218,000 | 95,569,000 |
| Noninterest-bearing deposits | 18,907,000 | 20,589,000 | 19,581,000 | 21,664,000 |
| Equity capital | 9,217,000 | 9,903,000 | 10,265,000 | 10,920,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,852,000 | 3,854,000 | 6,084,000 | 8,351,000 |
| Interest expense | 663,000 | 1,409,000 | 2,297,000 | 3,219,000 |
| Net interest income | 1,189,000 | 2,445,000 | 3,787,000 | 5,132,000 |
| Noninterest income | 247,000 | 484,000 | 636,000 | 878,000 |
| Noninterest expense | 1,228,000 | 2,419,000 | 3,627,000 | 4,693,000 |
| Provision for loan losses | 87,000 | 197,000 | 267,000 | 437,000 |
| Pretax income | 121,000 | 313,000 | 529,000 | 880,000 |
| Income tax | 0 | 1,000 | 1,000 | 1,000 |
| Net income | 121,000 | 312,000 | 528,000 | 879,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,282,000 | 9,996,000 | 10,300,000 | 10,879,000 |
| Total capital | 10,322,000 | 11,146,000 | 11,520,000 | 12,269,000 |
| Risk-weighted assets | 89,889,000 | 98,335,000 | 104,331,000 | 111,773,000 |