Call reports 2021
REDWOOD CAPITAL BANK — 2021
What REDWOOD CAPITAL BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 546,991,000 | 578,586,000 | 589,935,000 | 595,994,000 |
| Total loans | 362,214,000 | 343,007,000 | 338,946,000 | 332,321,000 |
| Allowance for loan losses | 5,554,000 | 5,592,000 | 5,604,000 | 5,606,000 |
| Securities available for sale | 55,861,000 | 58,869,000 | 58,445,000 | 67,981,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,444,000 | 527,935,000 | 537,410,000 | 542,255,000 |
| Interest-bearing deposits | 336,159,000 | 353,986,000 | 357,124,000 | 376,279,000 |
| Noninterest-bearing deposits | 164,286,000 | 173,949,000 | 180,286,000 | 165,976,000 |
| Equity capital | 43,951,000 | 47,703,000 | 49,327,000 | 50,565,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 4,289,000 | 8,550,000 | 13,058,000 | 17,296,000 |
| Interest expense | 213,000 | 404,000 | 581,000 | 733,000 |
| Net interest income | 4,076,000 | 8,146,000 | 12,477,000 | 16,563,000 |
| Noninterest income | 975,000 | 2,105,000 | 2,881,000 | 3,811,000 |
| Noninterest expense | 2,654,000 | 5,446,000 | 8,272,000 | 11,170,000 |
| Provision for loan losses | 105,000 | 140,000 | 140,000 | 140,000 |
| Pretax income | 2,292,000 | 4,665,000 | 6,946,000 | 9,064,000 |
| Income tax | 633,000 | 1,306,000 | 1,950,000 | 2,547,000 |
| Net income | 1,659,000 | 3,359,000 | 4,996,000 | 6,517,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,070,000 | 47,770,000 | 49,407,000 | 50,928,000 |
| Total capital | 48,111,000 | 51,951,000 | 53,719,000 | 55,298,000 |
| Risk-weighted assets | 321,696,000 | 332,966,000 | 343,537,000 | 348,289,000 |