Call reports 2024
REDWOOD CAPITAL BANK — 2024
What REDWOOD CAPITAL BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 530,737,000 | 523,876,000 | 537,014,000 | 531,726,000 |
| Total loans | 386,517,000 | 383,124,000 | 380,926,000 | 382,636,000 |
| Allowance for loan losses | 6,186,000 | 6,232,000 | 6,391,000 | 6,357,000 |
| Securities available for sale | 71,454,000 | 69,214,000 | 72,943,000 | 74,093,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 468,285,000 | 461,054,000 | 470,934,000 | 471,787,000 |
| Interest-bearing deposits | 340,867,000 | 336,681,000 | 331,929,000 | 337,563,000 |
| Noninterest-bearing deposits | 127,418,000 | 124,373,000 | 139,005,000 | 134,224,000 |
| Equity capital | 57,425,000 | 58,544,000 | 61,473,000 | 55,494,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 5,813,000 | 11,561,000 | 17,690,000 | 23,775,000 |
| Interest expense | 950,000 | 2,149,000 | 3,406,000 | 4,599,000 |
| Net interest income | 4,863,000 | 9,412,000 | 14,284,000 | 19,176,000 |
| Noninterest income | 879,000 | 1,710,000 | 2,510,000 | 3,204,000 |
| Noninterest expense | 3,447,000 | 6,648,000 | 9,883,000 | 13,452,000 |
| Provision for loan losses | 61,000 | 105,000 | 260,000 | 223,000 |
| Pretax income | 2,222,000 | 4,354,000 | 6,640,000 | 8,695,000 |
| Income tax | 613,000 | 1,209,000 | 1,848,000 | 2,421,000 |
| Net income | 1,609,000 | 3,145,000 | 4,792,000 | 6,274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,242,000 | 65,178,000 | 66,475,000 | 61,957,000 |
| Total capital | 69,315,000 | 70,275,000 | 71,542,000 | 67,020,000 |
| Risk-weighted assets | 404,575,000 | 406,491,000 | 403,871,000 | 403,566,000 |