Call reports 2013
REDWOOD CAPITAL BANK — 2013
What REDWOOD CAPITAL BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 244,319,000 | 247,306,000 | 251,012,000 | 253,443,000 |
| Total loans | 160,791,000 | 165,753,000 | 166,414,000 | 175,213,000 |
| Allowance for loan losses | 2,819,000 | 2,703,000 | 2,785,000 | 2,886,000 |
| Securities available for sale | 30,349,000 | 27,924,000 | 26,969,000 | 25,030,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 218,964,000 | 222,247,000 | 225,095,000 | 227,737,000 |
| Interest-bearing deposits | 176,189,000 | 175,183,000 | 175,176,000 | 179,421,000 |
| Noninterest-bearing deposits | 42,775,000 | 47,064,000 | 49,920,000 | 48,316,000 |
| Equity capital | 24,373,000 | 23,944,000 | 24,661,000 | 24,451,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,340,000 | 4,798,000 | 7,272,000 | 9,765,000 |
| Interest expense | 221,000 | 403,000 | 561,000 | 704,000 |
| Net interest income | 2,119,000 | 4,395,000 | 6,711,000 | 9,061,000 |
| Noninterest income | 409,000 | 800,000 | 1,224,000 | 1,523,000 |
| Noninterest expense | 1,782,000 | 3,608,000 | 5,000,000 | 6,679,000 |
| Provision for loan losses | 50,000 | 75,000 | 275,000 | 425,000 |
| Pretax income | 696,000 | 1,512,000 | 2,660,000 | 3,495,000 |
| Income tax | 255,000 | 569,000 | 1,024,000 | 1,350,000 |
| Net income | 441,000 | 943,000 | 1,636,000 | 2,145,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,605,000 | 23,760,000 | 24,317,000 | 24,180,000 |
| Total capital | 25,531,000 | 25,860,000 | 26,459,000 | 26,398,000 |
| Risk-weighted assets | 162,978,000 | 167,320,000 | 170,695,000 | 176,763,000 |