Redwood Capital Bank Again Recognized as a California Super Premier Performing Bank; Company Also Attains Coveted Bauer 5­-Star Rating

PRESS RELEASE – March 31, 2015

EUREKA, CALIFORNIA –REDWOOD CAPITAL BANK, On March 31, 2015, Redwood Capital Bank, a wholly­owned subsidiary of Redwood Capital Bancorp (RWCB) announced that it has garnered two prestigious awards for its 2014 financial performance. The bank has again been awarded the prestigious distinction of being one of California’s Super Premier Performing Banks by The Findley Reports. The company also announced that the bank has received the coveted 5­ Star rating from Bauer Financial, Inc., the highest rating available from one of the nation’s most well­known and respected bank rating firms.

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. When ranking Redwood Capital Bank as Super Premier Performing, The Findley Reports took into consideration Redwood Capital Bank’s elite ranking for total deposits, average total assets, net loan losses and other valuable financial information. This is the fourth time in the bank’s 11­year history to be listed as a Super Premier Performing bank. Other designations include: Premier Performing and Commendable Performing. Redwood Capital Bank has been included in The Findley Reports for nine consecutive years. For more information on The Findley Reports, please visit www.findley­

Likewise, Bauer Financial has been evaluating and reporting on the performance of banks and credit unions nationwide since 1983. Financial data used in determining the ratings is derived from banking Call Report data as reported to federal regulators. Among the criteria Bauer Financial uses to determine a particular bank’s rating is capital strength, liquidity, profitability and loss trends, the level of delinquent loans, market value versus book value of the investment portfolio, regulatory supervisory agreements and Community Reinvestment Act (CRA) ratings, which in Redwood Capital Bank’s case has always been Outstanding. Such data is analyzed quarterly and compared with historical data for consistency. This is the fourth consecutive year for Redwood Capital Bank to receive the 5­Star designation. For more information on Bauer Financial star ratings, please visit their website at

“We are sincerely honored to be recognized by two extremely prestigious organizations like The Findley Reports and Bauer Financial,” remarked President and CEO John E. Dalby. “These distinctions are another demonstration of Redwood Capital Bank's financial strength and security. Our success wouldn’t be possible without consistent community support, strong management, our engaged Board of Directors and dedicated employees. As Humboldt County’s only community bank, it is imperative that we serve the community as an economic foundation. We do not take this commitment lightly and look forward to many successful years ahead,” concluded Dalby.

For more information regarding Redwood Capital Bank, please visit our website at, contact Fred Moore, CFO at (707) 444­9840, or stop by our headquarters and main office at 402 “G” Street, Eureka, California.

This press release may contain forward­looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, and competition within the business areas in which the Company is conducting its operations, including the real estate market in California and other factors beyond the Company’s control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward­looking statements, which reflect management’s view only as of the date hereof. The Company undertakes no obligation to publicly revise these forward­looking statements to reflect subsequent events or circumstances.