Redwood Capital Bank Celebrates Fifth Anniversary by Posting Strong Profit and Growth

Press Release Source: Redwood Capital Bancorp Redwood Capital Bank Celebrates Fifth Anniversary by Posting Strong Profit and Growth On Wednesday April 29, 2009, 9:00 am EDT EUREKA, Calif.--()--On April 29, 2009, REDWOOD CAPITAL BANCORP (OTCBB:RWCB), the only locally owned and operated community bank holding company in Humboldt County (the “Company”), announced unaudited financial results for the three month period ended March 31, 2009. Redwood Capital Bank, the Company’s wholly owned subsidiary, celebrated its fifth year anniversar
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Redwood Capital Reports Strong Growth and Focus on Credit Quality

(OTCBB:RWCB) Redwood Capital Bancorp (CA) Press ReleaseSource: REDWOOD CAPITAL BANCORP Redwood Capital Reports Strong Growth and Focus on Credit QualityThursday January 29, 9:00 am ET Company Announces Treasury Capital Purchase EUREKA, Calif.-REDWOOD CAPITAL BANCORP , the holding company for Redwood Capital Bank, announced unaudited financial results for the three and twelve month periods ended December 31, 2008. The company reported record growth, increasing loan loss reserves, and participation in two key government initiatives. Founding President and CEO John Dalby stated, ?2008 has certainly been a challenging year for the banking industry. During 2008, we absorbed $1.4 million in net charge offs while increasing our loan loss reser
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