Call reports 2008
REDWOOD CAPITAL BANK — 2008
What REDWOOD CAPITAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 139,073,000 | 139,789,000 | 146,510,000 | 161,778,000 |
| Total loans | 108,865,000 | 117,466,000 | 123,401,000 | 129,383,000 |
| Allowance for loan losses | 1,859,000 | 1,980,000 | 2,105,000 | 1,542,000 |
| Securities available for sale | 8,161,000 | 9,594,000 | 10,417,000 | 10,253,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,847,000 | 126,312,000 | 133,241,000 | 147,890,000 |
| Interest-bearing deposits | 103,790,000 | 101,128,000 | 106,107,000 | 121,711,000 |
| Noninterest-bearing deposits | 23,056,000 | 25,184,000 | 27,134,000 | 26,179,000 |
| Equity capital | 11,843,000 | 11,965,000 | 12,643,000 | 13,471,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 2,184,000 | 4,276,000 | 6,513,000 | 8,731,000 |
| Interest expense | 790,000 | 1,436,000 | 2,041,000 | 2,743,000 |
| Net interest income | 1,394,000 | 2,840,000 | 4,472,000 | 5,988,000 |
| Noninterest income | 205,000 | 375,000 | 539,000 | 742,000 |
| Noninterest expense | 1,338,000 | 2,532,000 | 3,630,000 | 4,582,000 |
| Provision for loan losses | 504,000 | 625,000 | 750,000 | 1,508,000 |
| Pretax income | -243,000 | 58,000 | 631,000 | 640,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -243,000 | 58,000 | 631,000 | 640,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,636,000 | 11,938,000 | 12,510,000 | 13,203,000 |
| Total capital | 13,098,000 | 13,486,000 | 14,104,000 | 14,795,000 |
| Risk-weighted assets | 116,555,000 | 123,386,000 | 126,998,000 | 134,401,000 |