Call reports 2015
REDWOOD CAPITAL BANK — 2015
What REDWOOD CAPITAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 293,450,000 | 304,296,000 | 322,262,000 | 317,235,000 |
| Total loans | 206,586,000 | 212,585,000 | 217,330,000 | 223,267,000 |
| Allowance for loan losses | 2,962,000 | 3,093,000 | 3,205,000 | 3,276,000 |
| Securities available for sale | 21,563,000 | 23,375,000 | 23,896,000 | 22,386,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 265,195,000 | 275,613,000 | 292,929,000 | 290,271,000 |
| Interest-bearing deposits | 200,937,000 | 207,029,000 | 219,358,000 | 222,377,000 |
| Noninterest-bearing deposits | 64,258,000 | 68,585,000 | 73,571,000 | 67,895,000 |
| Equity capital | 27,061,000 | 27,311,000 | 27,827,000 | 25,294,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,795,000 | 5,691,000 | 8,650,000 | 11,681,000 |
| Interest expense | 144,000 | 296,000 | 460,000 | 618,000 |
| Net interest income | 2,651,000 | 5,395,000 | 8,190,000 | 11,063,000 |
| Noninterest income | 284,000 | 621,000 | 1,025,000 | 1,375,000 |
| Noninterest expense | 1,996,000 | 3,856,000 | 5,720,000 | 7,634,000 |
| Provision for loan losses | 90,000 | 210,000 | 330,000 | 410,000 |
| Pretax income | 849,000 | 1,950,000 | 3,165,000 | 4,394,000 |
| Income tax | 280,000 | 705,000 | 1,179,000 | 1,663,000 |
| Net income | 569,000 | 1,245,000 | 1,986,000 | 2,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,882,000 | 27,258,000 | 27,700,000 | 25,243,000 |
| Total capital | 29,631,000 | 30,100,000 | 30,655,000 | 28,228,000 |
| Risk-weighted assets | 219,736,000 | 227,109,000 | 236,129,000 | 238,481,000 |