News and Announcements

Redwood Capital Bank, announced unaudited consolidated financial results for the three and nine month period ended September 30, 2017.

Posted On: : November 09, 2017

Management and the Board of Directors are delighted to announce the intent to open a fourth Redwood Capital Bank branch in Henderson Center, Eureka. The branch will be located in the former Roberts Building at Henderson and “F” Streets

Posted On: : September 01, 2017

Management and the Board of Directors are delighted with our excellent start in 2017. We remain grateful to our staff for their outstanding work and to our customers and shareholders for the relationships we have developed and fostered over the past thirteen years. In comparison to last year’s...

Posted On: : May 12, 2017

Recently, Redwood Capital Bank received the honor of being named the #1 Small Business Administration Lender (SBA) in Humboldt County for the second consecutive year. We are pleased that our hightouch, personalized business culture allows us the opportunity to offer customized lending solutions...

Posted On: : February 14, 2017

John Dalby, President and CEO of the company, commented, “The Board of Directors and management team anticipate Redwood Capital Bank’s positive momentum to extend throughout the remainder of 2016 and into 2017. Our amazing staff continues to perform at a very high level and their efforts and...

Posted On: : November 02, 2016

The company posted modest growth in the major balance sheet categories of assets, loans and deposits. Total assets as of June 30, 2016 were $323.5 million, an increase of 1% from the prior quarter and an increase of 6% from the same period last year.

Posted On: : August 02, 2016

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...

Posted On: : May 02, 2016

EARNINGS RELEASE – January 27, 2016

Posted On: : 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.

Posted On: : December 07, 2015

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

Posted On: : October 28, 2015