Call reports 2022
REDWOOD CAPITAL BANK — 2022
What REDWOOD CAPITAL BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 567,543,000 | 551,130,000 | 557,800,000 | 525,072,000 |
| Total loans | 337,165,000 | 350,758,000 | 359,208,000 | 379,494,000 |
| Allowance for loan losses | 5,608,000 | 5,790,000 | 5,883,000 | 5,976,000 |
| Securities available for sale | 76,376,000 | 76,334,000 | 74,167,000 | 74,203,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 516,638,000 | 500,375,000 | 507,481,000 | 471,560,000 |
| Interest-bearing deposits | 355,116,000 | 347,401,000 | 347,703,000 | 322,750,000 |
| Noninterest-bearing deposits | 161,522,000 | 152,974,000 | 159,778,000 | 148,810,000 |
| Equity capital | 47,961,000 | 47,452,000 | 46,676,000 | 49,600,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,905,000 | 8,149,000 | 13,046,000 | 18,274,000 |
| Interest expense | 147,000 | 283,000 | 341,000 | 442,000 |
| Net interest income | 3,758,000 | 7,866,000 | 12,705,000 | 17,832,000 |
| Noninterest income | 621,000 | 1,784,000 | 2,767,000 | 4,050,000 |
| Noninterest expense | 2,940,000 | 5,780,000 | 8,778,000 | 11,980,000 |
| Provision for loan losses | 0 | 0 | 90,000 | 240,000 |
| Pretax income | 1,439,000 | 3,870,000 | 6,604,000 | 9,662,000 |
| Income tax | 396,000 | 1,083,000 | 1,860,000 | 2,737,000 |
| Net income | 1,043,000 | 2,787,000 | 4,744,000 | 6,925,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,970,000 | 53,515,000 | 55,273,000 | 57,253,000 |
| Total capital | 56,307,000 | 58,105,000 | 59,967,000 | 62,245,000 |
| Risk-weighted assets | 345,606,000 | 365,925,000 | 374,249,000 | 398,276,000 |