Call reports 2011
REDWOOD CAPITAL BANK — 2011
What REDWOOD CAPITAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 219,959,000 | 227,045,000 | 240,057,000 | 241,502,000 |
| Total loans | 145,349,000 | 142,758,000 | 146,744,000 | 147,412,000 |
| Allowance for loan losses | 2,727,000 | 2,883,000 | 3,016,000 | 3,022,000 |
| Securities available for sale | 20,164,000 | 19,557,000 | 21,481,000 | 21,177,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,404,000 | 207,695,000 | 215,897,000 | 216,891,000 |
| Interest-bearing deposits | 167,208,000 | 169,221,000 | 174,605,000 | 180,203,000 |
| Noninterest-bearing deposits | 34,196,000 | 38,474,000 | 41,292,000 | 36,688,000 |
| Equity capital | 17,775,000 | 18,345,000 | 22,794,000 | 23,390,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,300,000 | 4,646,000 | 7,033,000 | 9,506,000 |
| Interest expense | 424,000 | 850,000 | 1,252,000 | 1,637,000 |
| Net interest income | 1,876,000 | 3,796,000 | 5,781,000 | 7,869,000 |
| Noninterest income | 340,000 | 615,000 | 832,000 | 1,058,000 |
| Noninterest expense | 1,554,000 | 2,970,000 | 4,320,000 | 5,834,000 |
| Provision for loan losses | 0 | 150,000 | 300,000 | 300,000 |
| Pretax income | 662,000 | 1,291,000 | 1,993,000 | 2,793,000 |
| Income tax | 214,000 | 492,000 | 825,000 | 1,019,000 |
| Net income | 448,000 | 799,000 | 1,168,000 | 1,774,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,674,000 | 18,024,000 | 22,393,000 | 23,000,000 |
| Total capital | 19,558,000 | 19,879,000 | 24,311,000 | 24,919,000 |
| Risk-weighted assets | 150,766,000 | 148,026,000 | 152,247,000 | 152,214,000 |