Call reports 2017
REDWOOD CAPITAL BANK — 2017
What REDWOOD CAPITAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 324,775,000 | 331,326,000 | 375,023,000 | 342,500,000 |
| Total loans | 249,096,000 | 253,884,000 | 258,437,000 | 254,981,000 |
| Allowance for loan losses | 3,489,000 | 3,611,000 | 3,628,000 | 3,656,000 |
| Securities available for sale | 32,751,000 | 31,600,000 | 32,581,000 | 34,490,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 295,779,000 | 301,553,000 | 344,443,000 | 311,746,000 |
| Interest-bearing deposits | 216,301,000 | 216,130,000 | 247,520,000 | 218,129,000 |
| Noninterest-bearing deposits | 79,477,000 | 85,423,000 | 96,922,000 | 93,618,000 |
| Equity capital | 27,530,000 | 28,116,000 | 28,747,000 | 28,840,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 3,122,000 | 6,358,000 | 9,736,000 | 13,168,000 |
| Interest expense | 124,000 | 253,000 | 401,000 | 538,000 |
| Net interest income | 2,998,000 | 6,105,000 | 9,335,000 | 12,630,000 |
| Noninterest income | 421,000 | 909,000 | 1,358,000 | 1,883,000 |
| Noninterest expense | 2,151,000 | 4,326,000 | 6,436,000 | 8,528,000 |
| Provision for loan losses | 0 | 120,000 | 120,000 | 140,000 |
| Pretax income | 1,268,000 | 2,568,000 | 4,137,000 | 5,845,000 |
| Income tax | 490,000 | 1,001,000 | 1,626,000 | 2,755,000 |
| Net income | 778,000 | 1,567,000 | 2,511,000 | 3,090,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,563,000 | 28,052,000 | 28,697,000 | 28,975,000 |
| Total capital | 30,651,000 | 31,196,000 | 31,979,000 | 32,085,000 |
| Risk-weighted assets | 246,588,000 | 251,012,000 | 262,184,000 | 248,222,000 |