Redwood Financial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2010	FY 2009	FY 1998	FY 1997	FY 1996
Period Ending	Dec '10 Dec 31, 2010	Dec '09 Dec 31, 2009	Jun '98 Jun 30, 1998	Jun '97 Jun 30, 1997	Jun '96 Jun 30, 1996
Cash & Equivalents	3.09	3.81	2.01	0.76	2.87
Investment Securities	30.64	36.75	10.28	17.38	15.29
Mortgage-Backed Securities	-	-	33.94	22.02	15.81
Total Investments	30.64	36.75	44.21	39.4	31.09
Gross Loans	128.82	123.24	32.15	22.36	17.08
Allowance for Loan Losses	-1.52	-1.17	-0.25	-0.21	-0.21
Other Adjustments to Gross Loans	-	-	-2.91	-1.38	-0.35
Net Loans	127.29	122.07	28.99	20.77	16.51
Property, Plant & Equipment	6.92	7.1	0.6	0.21	0.05
Goodwill	4.48	4.48	-	-	-
Accrued Interest Receivable	1.35	1.26	0.55	0.61	0.55
Other Real Estate Owned & Foreclosed	0.43	0.74	-	0.01	-
Other Long-Term Assets	4.24	3.8	0.09	0.07	0.09
Total Assets	178.43	180.01	77.29	62.17	51.51
Accrued Expenses	0.72	0.19	0.34	0.16	0.26
Interest Bearing Deposits	143.51	147.49	32.33	31.78	28.16
Institutional Deposits	-	-	15.77	13.91	9.7
Total Deposits	143.51	147.49	48.1	45.69	37.86
Short-Term Borrowings	-	-	2.37	-	-
Current Portion of Long-Term Debt	-	-	0.35	2.5	-
Accrued Interest Payable	0.32	0.55	0.63	0.41	0.18
Long-Term Debt	17.89	16.82	-	-	-
Federal Home Loan Bank Debt, Long-Term	-	-	13.49	1	-
Long-Term Deferred Tax Liabilities	0.63	0.75	-	-	-
Other Long-Term Liabilities	0.27	0.24	0.08	0.07	0.06
Total Liabilities	163.34	166.04	65.35	49.83	38.36
Preferred Stock, Non-Redeemable	3.05	3.02	-	-	-
Total Preferred Equity	3.05	3.02	-	-	-
Common Stock	0.11	0.11	0.11	0.11	0.11
Additional Paid-In Capital	8.96	8.96	8.49	8.47	8.46
Retained Earnings	12.26	11.1	6.79	6.37	6.12
Treasury Stock	-9.6	-9.6	-2.91	-1.77	-0.54
Comprehensive Income & Other	0.3	0.38	-0.55	-0.84	-0.99
Total Common Equity	12.04	10.95	11.94	12.34	13.16
Shareholders' Equity	15.09	13.97	11.94	12.34	13.16
Total Liabilities & Equity	178.43	180.01	77.29	62.17	51.51
Total Debt	17.89	16.82	16.2	3.5	-
Net Cash (Debt)	-11.86	-8.69	-14.19	-2.74	2.87
Net Cash Growth	-	-	-	-	-79.61%
Net Cash Per Share	-23.10	-16.29	-16.51	-2.84	2.80
Filing Date Shares Outstanding	0.44	0.44	0.8	0.96	1.07
Total Common Shares Outstanding	0.44	0.44	0.87	0.96	1.07
Book Value Per Share	27.23	24.77	13.75	12.83	12.31
Tangible Book Value	7.56	6.47	11.94	12.34	13.16
Tangible Book Value Per Share	17.11	14.63	13.75	12.83	12.31

Updated Apr 22, 2009. Source: S&P Global Market Intelligence. Banks template. Financial Sources.