Call reports 2019
REDWOOD CAPITAL BANK — 2019
What REDWOOD CAPITAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 357,102,000 | 361,032,000 | 374,869,000 | 368,329,000 |
| Total loans | 281,212,000 | 276,421,000 | 273,521,000 | 277,859,000 |
| Allowance for loan losses | 4,093,000 | 4,096,000 | 4,202,000 | 4,205,000 |
| Securities available for sale | 32,926,000 | 31,414,000 | 30,242,000 | 30,636,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 322,510,000 | 325,805,000 | 338,344,000 | 330,606,000 |
| Interest-bearing deposits | 237,558,000 | 244,472,000 | 234,555,000 | 236,040,000 |
| Noninterest-bearing deposits | 84,951,000 | 81,333,000 | 103,789,000 | 94,567,000 |
| Equity capital | 32,773,000 | 33,059,000 | 34,126,000 | 35,111,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,848,000 | 7,746,000 | 11,621,000 | 15,383,000 |
| Interest expense | 208,000 | 443,000 | 754,000 | 1,069,000 |
| Net interest income | 3,640,000 | 7,303,000 | 10,867,000 | 14,314,000 |
| Noninterest income | 478,000 | 966,000 | 1,499,000 | 2,024,000 |
| Noninterest expense | 2,544,000 | 5,058,000 | 7,470,000 | 10,008,000 |
| Provision for loan losses | 0 | 0 | -500,000 | -500,000 |
| Pretax income | 1,574,000 | 3,211,000 | 5,396,000 | 6,830,000 |
| Income tax | 443,000 | 907,000 | 1,533,000 | 1,938,000 |
| Net income | 1,131,000 | 2,304,000 | 3,863,000 | 4,892,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,907,000 | 32,980,000 | 34,040,000 | 35,068,000 |
| Total capital | 36,394,000 | 36,440,000 | 37,492,000 | 38,555,000 |
| Risk-weighted assets | 278,275,000 | 276,078,000 | 275,336,000 | 278,153,000 |