Redwood Capital Bancorp reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported net income before taxes of $1,477,000. Net income was $403,000. For the year, the company reported net interest income of $3,240,000 compared to $3,045,000 a year ago. Net Income before provision was $5,181,000 compared to $4,626,000 a year ago. Income before taxes was $1,477,000 compared to $1,278,000 a year ago. Net Income was $2,565,000 or $1.33 per fully diluted share compared to $2,695,000 or $1.42 per fully diluted share a year ago. Book value per common share was $12.48 compared to $11.48 a year ago.