News and Announcements
Redwood Capital Bank received the Preferred Lender Program (PLP) designation with SBA in 2010 and continues to offer several SBA options to businesses in Humboldt County for expansion, acquisition and other financing needs.
Total assets as of September 30, 2015 were $322.2 million; an increase of 6% over the June 30, 2015 and 18% from the September 30, 2014 reported figures
Redwood Capital Bank again posted strong growth in the major balance sheet categories of assets, loans and deposits
EARNINGS RELEASE – October 29, 2014
The company’s consistent track record of strong performance has not gone unnoticed. For 2014, Redwood Capital Bank has again been awarded the prestigious “Super Premier Performing” designation by The Findley Reports
The rating of Super Premier Performing is the highest designation possible for California community banks to receive and places the bank as a quality leader in the banking industry. This is the fourth time in the bank’s 11-year history to be listed as a Super Premier Performing bank. Other...
The rating of Super Premier Performing is the highest designation possible for California community banks to receive and places the bank as a quality leader in the banking industry.
President and CEO John Dalby stated, “We continue to be pleased with the core earnings performance of the company, the low level of nonperforming assets relative to our peers and the growth within our local loan portfolio during this persistently challenging economic environment. Likewise, we...
In all, 40 banks from across the country achieved “Best Bank” status. Redwood Capital Bank was ranked nationally #8 overall and was the highest ranking California bank to make the list. The complete “Best Banks to Work For” list is featured in the November issue of American Banker Magazine and...
The only locally owned and operated community bank holding company reported record earnings and a continuation of dividend payments during its ninth consecutive year of profitability