Call reports 2016
REDWOOD CAPITAL BANK — 2016
What REDWOOD CAPITAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 320,700,000 | 323,538,000 | 334,940,000 | 332,710,000 |
| Total loans | 225,858,000 | 228,659,000 | 236,545,000 | 243,752,000 |
| Allowance for loan losses | 3,376,000 | 3,416,000 | 3,487,000 | 3,479,000 |
| Securities available for sale | 28,056,000 | 28,719,000 | 27,775,000 | 33,491,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 293,638,000 | 295,703,000 | 306,499,000 | 303,946,000 |
| Interest-bearing deposits | 219,075,000 | 222,692,000 | 221,861,000 | 217,836,000 |
| Noninterest-bearing deposits | 74,563,000 | 73,011,000 | 84,638,000 | 86,111,000 |
| Equity capital | 25,715,000 | 26,297,000 | 26,768,000 | 27,040,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 3,087,000 | 6,218,000 | 9,369,000 | 12,603,000 |
| Interest expense | 153,000 | 299,000 | 441,000 | 578,000 |
| Net interest income | 2,934,000 | 5,919,000 | 8,928,000 | 12,025,000 |
| Noninterest income | 343,000 | 792,000 | 1,181,000 | 1,577,000 |
| Noninterest expense | 2,051,000 | 4,098,000 | 6,041,000 | 8,048,000 |
| Provision for loan losses | 90,000 | 90,000 | 135,000 | 135,000 |
| Pretax income | 1,136,000 | 2,523,000 | 3,933,000 | 5,419,000 |
| Income tax | 483,000 | 1,030,000 | 1,586,000 | 2,175,000 |
| Net income | 653,000 | 1,493,000 | 2,347,000 | 3,244,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,595,000 | 26,085,000 | 26,588,000 | 27,135,000 |
| Total capital | 28,582,000 | 29,099,000 | 29,707,000 | 30,217,000 |
| Risk-weighted assets | 238,503,000 | 240,643,000 | 249,096,000 | 246,094,000 |