Call reports 2020
REDWOOD CAPITAL BANK — 2020
What REDWOOD CAPITAL BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 368,427,000 | 460,352,000 | 492,194,000 | 495,879,000 |
| Total loans | 276,392,000 | 349,826,000 | 354,547,000 | 345,118,000 |
| Allowance for loan losses | 4,455,000 | 4,458,000 | 4,822,000 | 5,446,000 |
| Securities available for sale | 34,059,000 | 31,683,000 | 36,419,000 | 54,238,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 330,139,000 | 418,210,000 | 448,236,000 | 450,139,000 |
| Interest-bearing deposits | 240,031,000 | 273,486,000 | 295,458,000 | 310,287,000 |
| Noninterest-bearing deposits | 90,108,000 | 144,724,000 | 152,778,000 | 139,852,000 |
| Equity capital | 35,939,000 | 39,514,000 | 41,023,000 | 42,861,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,687,000 | 7,633,000 | 11,787,000 | 16,217,000 |
| Interest expense | 295,000 | 560,000 | 804,000 | 1,034,000 |
| Net interest income | 3,392,000 | 7,073,000 | 10,983,000 | 15,183,000 |
| Noninterest income | 562,000 | 1,192,000 | 2,220,000 | 3,694,000 |
| Noninterest expense | 2,628,000 | 5,091,000 | 7,624,000 | 10,183,000 |
| Provision for loan losses | 247,000 | 247,000 | 608,000 | 1,243,000 |
| Pretax income | 1,079,000 | 2,927,000 | 4,971,000 | 7,451,000 |
| Income tax | 294,000 | 819,000 | 1,407,000 | 2,109,000 |
| Net income | 785,000 | 2,108,000 | 3,564,000 | 5,342,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 35,853,000 | 39,177,000 | 40,632,000 | 42,410,000 |
| Total capital | 39,358,000 | 42,689,000 | 44,259,000 | 46,239,000 |
| Risk-weighted assets | 279,352,000 | 279,978,000 | 288,895,000 | 304,585,000 |