Call reports 2010
REDWOOD CAPITAL BANK — 2010
What REDWOOD CAPITAL BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 193,674,000 | 200,941,000 | 213,582,000 | 213,428,000 |
| Total loans | 139,414,000 | 138,498,000 | 142,409,000 | 143,969,000 |
| Allowance for loan losses | 2,821,000 | 2,310,000 | 2,657,000 | 2,768,000 |
| Securities available for sale | 13,879,000 | 13,400,000 | 22,113,000 | 20,861,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,846,000 | 183,693,000 | 195,367,000 | 194,327,000 |
| Interest-bearing deposits | 147,001,000 | 147,600,000 | 161,166,000 | 160,934,000 |
| Noninterest-bearing deposits | 30,845,000 | 36,093,000 | 34,201,000 | 33,393,000 |
| Equity capital | 15,376,000 | 16,612,000 | 17,472,000 | 17,293,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,278,000 | 4,576,000 | 6,886,000 | 9,285,000 |
| Interest expense | 458,000 | 889,000 | 1,316,000 | 1,746,000 |
| Net interest income | 1,820,000 | 3,687,000 | 5,570,000 | 7,539,000 |
| Noninterest income | 192,000 | 403,000 | 623,000 | 924,000 |
| Noninterest expense | 1,270,000 | 2,564,000 | 3,896,000 | 5,256,000 |
| Provision for loan losses | 300,000 | -110,000 | 290,000 | 440,000 |
| Pretax income | 442,000 | 1,636,000 | 2,007,000 | 2,767,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 491,000 |
| Net income | 440,000 | 1,634,000 | 2,005,000 | 2,276,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,041,000 | 16,083,000 | 16,955,000 | 17,225,000 |
| Total capital | 16,835,000 | 17,833,000 | 18,798,000 | 19,064,000 |
| Risk-weighted assets | 143,190,000 | 143,017,000 | 147,303,000 | 148,112,000 |