Call reports 2009
REDWOOD CAPITAL BANK — 2009
What REDWOOD CAPITAL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 165,055,000 | 176,308,000 | 190,669,000 | 186,294,000 |
| Total loans | 134,894,000 | 137,991,000 | 137,087,000 | 136,677,000 |
| Allowance for loan losses | 1,782,000 | 1,973,000 | 2,312,000 | 2,468,000 |
| Securities available for sale | 8,496,000 | 7,804,000 | 15,374,000 | 15,951,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,826,000 | 161,980,000 | 175,809,000 | 170,891,000 |
| Interest-bearing deposits | 125,997,000 | 133,546,000 | 146,181,000 | 144,182,000 |
| Noninterest-bearing deposits | 24,829,000 | 28,433,000 | 29,628,000 | 26,709,000 |
| Equity capital | 13,807,000 | 13,783,000 | 14,316,000 | 14,858,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,132,000 | 4,327,000 | 6,640,000 | 8,950,000 |
| Interest expense | 606,000 | 1,154,000 | 1,697,000 | 2,184,000 |
| Net interest income | 1,526,000 | 3,173,000 | 4,943,000 | 6,766,000 |
| Noninterest income | 216,000 | 438,000 | 712,000 | 906,000 |
| Noninterest expense | 1,190,000 | 2,872,000 | 4,095,000 | 5,320,000 |
| Provision for loan losses | 240,000 | 1,038,000 | 1,408,000 | 1,558,000 |
| Pretax income | 312,000 | -299,000 | 152,000 | 794,000 |
| Income tax | 0 | -1,000 | -1,000 | -1,000 |
| Net income | 312,000 | -298,000 | 153,000 | 795,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,516,000 | 13,505,000 | 13,958,000 | 14,598,000 |
| Total capital | 15,271,000 | 15,287,000 | 15,734,000 | 16,342,000 |
| Risk-weighted assets | 139,526,000 | 145,227,000 | 142,095,000 | 139,605,000 |