News and Announcements
The company posted record growth in the major balance sheet categories of assets, loans and deposits. Total assets as of March 31, 2016 were $320.7 million, an increase of 9% from the same period last year. Total loans, net of unearned income, rose to $226.2 million as of March 31, 2016, an...
EARNINGS RELEASE – January 27, 2016
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...