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Redwood Capital Bank

Eureka, CA · Cert 57610 · Redwood Capital Bcorp

State charter, non-member · FDIC · 4 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets operating in a single state3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets operating in a single state (n=743 to 746). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

53

Q2 2024Q2 2026peer median (50)

Asset Quality

68

Q2 2024Q2 2026peer median (50)

Profitability

59

Q2 2024Q2 2026peer median (50)

Liquidity

93

Q2 2024Q2 2026peer median

Efficiency

56

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Redwood Capital Bank

Eureka, CA · Cert 57610 · Redwood Capital Bcorp

State charter, non-member · FDIC · 4 branches

Q2 2026

$566.0MAssets
$402.3MLoans
$504.9MDeposits
$56.2MEquity
Loan mix
95%RE $364.0M5%C&I $18.7M0%Consumer $0.6MQ2 2025Q2 2026
Deposit mix
73%Interest-bearing $366.5M27%Noninterest $138.3MQ2 2025Q2 2026

NIM

4.38%Q2 ’244.57%Q2 ’254.78%Q2 ’26+2%+8%

Non-interest income vs. expense

2.52%Q2 ’242.77%Q2 ’252.85%Q2 ’26+20%+1%

Executive Summary

  • Earnings: ROA of 1.16%, up 13 bps year over year; NIM at 3.96%.
  • Asset quality: problem loans at 0.13% of loans (-27 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 10.96%, down 78 bps from a year ago.
  • Funding: loans stand at 79.69% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.16%+13 bps YoY

Net Interest Margin (YTD, annualized)

3.96%+30 bps YoY

Efficiency Ratio (YTD, annualized)

62.77%-363 bps YoY

Tier 1 Leverage Ratio

10.96%-78 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.04%1.11%1.13%1.14%1.16%+13 bps
Return on Equity9.82%10.71%10.88%11.17%11.54%+173 bps
Net Interest Margin3.65%3.62%3.73%4.06%3.96%+30 bps
Efficiency Ratio66.39%63.88%64.34%63.88%62.77%-363 bps
Non-Interest Burden2.25%2.13%2.22%2.39%2.27%+2 bps
Growth
Asset Growth (YoY)5.54%1.45%-0.02%3.97%2.38%-316 bps
Loan Growth (YoY)-0.23%1.69%-0.26%0.10%5.25%+548 bps
Deposit Growth (YoY)6.49%3.30%0.09%4.94%2.83%-366 bps
Asset Quality
Nonperforming Loans / Loans0.40%0.40%0.32%0.15%0.13%-27 bps
Net Charge-Offs / Loans0.01%0.01%0.02%0.00%0.00%-1 bps
Allowance / Loans1.63%1.61%1.58%1.61%1.56%-6 bps
Allowance Coverage of NPLs4.1x4.1x5.0x10.5x12.3x+8.2x
Capital
Tier 1 Leverage Ratio11.74%10.57%10.86%10.93%10.96%-78 bps
Total Risk-Based Capital16.61%15.53%15.96%15.89%15.66%-95 bps
Equity / Assets10.39%9.85%10.27%10.08%9.92%-47 bps
Liquidity & Funding
Loans / Deposits77.86%79.62%80.82%79.20%79.69%+183 bps
Liquid Assets / Assets2.28%2.64%2.25%2.32%2.49%+22 bps
CRE / Total Capitaln/a517%509%501%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Redwood Capital Bank

Eureka, CA · Cert 57610 · Peer group: banks under $1B in assets operating in a single state (n=743-746) · Redwood Capital Bcorp

State charter, non-member · FDIC · 4 branches

Q2 2026

$566.0MAssets
$402.3MLoans
$504.9MDeposits
$56.2MEquity

Executive Summary

  • Strongest standing: nonperforming loans / loans outperforms 73% of banks under $1B in assets operating in a single state (rank 202 of 743).
  • Widest gap: equity / assets trails 58% of banks under $1B in assets operating in a single state (rank 436 of 746).
  • Overall: at or above the peer median on 8 of 9 directional measures.

Return on Assets

1.13%

Rank 336 of 746

Net Interest Margin

3.96%

Rank 264 of 746

Efficiency Ratio

62.77%

Rank 332 of 746

Equity / Assets

9.92%

Rank 436 of 746

Non-interest income vs. expense

$3.2M$15.7MINCOMEEXPENSE
Unfavorable gap of $12.5M · efficiency ratio beats 56% of banks under $1B in assets operating in a single state
Bank 62.77%Peer median 64.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.13%0.72%1.06%1.45%Beats 55%336 / 746
Return on Equity11.34%6.74%10.51%13.63%Beats 58%313 / 746
Net Interest Margin3.96%3.17%3.68%4.16%Beats 65%264 / 746
Efficiency Ratio62.77%55.74%64.58%75.47%Beats 56%332 / 746
Asset Quality
Nonperforming Loans / Loans0.13%0.09%0.42%1.07%Beats 73%202 / 743
Net Charge-Offs / Loans0.00%0.00%0.01%0.05%Beats 62%287 / 743
Capital
Tier 1 Capital Ratio14.41%11.55%13.75%17.60%Beats 56%330 / 746
Total Risk-Based Capital Ratio15.66%11.71%14.33%18.43%Beats 60%295 / 746
Equity / Assets9.92%8.90%10.51%13.06%Beats 42%436 / 746
Liquidity & Funding
Loans / Deposits79.69%61.31%78.27%90.78%53rd pctl351 / 746
Loans / Assets71.08%53.60%66.97%76.08%60th pctl301 / 746
Brokered Deposits / Depositsn/aNot reported for this institution