Call reports 2018
REDWOOD CAPITAL BANK — 2018
What REDWOOD CAPITAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 341,485,000 | 349,998,000 | 373,291,000 | 368,663,000 |
| Total loans | 259,548,000 | 270,462,000 | 277,096,000 | 278,715,000 |
| Allowance for loan losses | 3,659,000 | 3,788,000 | 3,994,000 | 4,044,000 |
| Securities available for sale | 31,736,000 | 30,494,000 | 29,768,000 | 33,173,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,677,000 | 318,101,000 | 340,472,000 | 334,800,000 |
| Interest-bearing deposits | 224,489,000 | 228,365,000 | 243,492,000 | 239,114,000 |
| Noninterest-bearing deposits | 86,187,000 | 89,736,000 | 96,980,000 | 95,687,000 |
| Equity capital | 29,312,000 | 30,144,000 | 30,760,000 | 31,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,309,000 | 6,843,000 | 10,510,000 | 14,452,000 |
| Interest expense | 131,000 | 272,000 | 439,000 | 619,000 |
| Net interest income | 3,178,000 | 6,571,000 | 10,071,000 | 13,833,000 |
| Noninterest income | 688,000 | 1,312,000 | 1,803,000 | 2,391,000 |
| Noninterest expense | 2,387,000 | 4,650,000 | 6,913,000 | 9,402,000 |
| Provision for loan losses | 0 | 80,000 | 280,000 | 321,000 |
| Pretax income | 1,479,000 | 3,153,000 | 4,681,000 | 6,501,000 |
| Income tax | 494,000 | 974,000 | 1,411,000 | 1,977,000 |
| Net income | 985,000 | 2,179,000 | 3,270,000 | 4,524,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,636,000 | 30,531,000 | 31,221,000 | 32,126,000 |
| Total capital | 32,797,000 | 33,851,000 | 34,684,000 | 35,598,000 |
| Risk-weighted assets | 252,368,000 | 265,032,000 | 276,427,000 | 277,128,000 |