For the quarter ending 2025-09-30, RCB has $8,332,101K in assets. $6,448,542K in debts. $147,505K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2024-12-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 147,505 | 143,803 | ||
| Restricted cash | 44,491 | 30,560 | ||
| Loans, net (including 1,088 and 3,533 held at fair value) | 4,360,501 | 3,378,149 | ||
| Loans, held for sale (including 143,819 and 128,531 held at fair value and net of valuation allowance of 53,937 and 97,620) | 163,792 | 241,626 | ||
| Mortgage-backed securities | 33,105 | 31,006 | ||
| Investment in unconsolidated joint ventures (including 5,952 and 6,577 held at fair value) | 178,840 | 161,561 | ||
| Derivative instruments | 5,295 | 7,963 | ||
| Servicing rights | 126,966 | 128,440 | ||
| Real estate owned, held for sale | - | 193,437 | ||
| Real estate owned | 632,985 | - | ||
| Goodwill | 49,501 | 49,501 | ||
| Deferred loan exit fees | 22,467 | 27,811 | ||
| Accrued interest | 95,133 | 45,416 | ||
| Due from servicers | 8,124 | 7,039 | ||
| Intangible assets | 38,868 | 37,006 | ||
| Receivable from third party | 47,204 | 34,540 | ||
| Deferred financing costs | 12,294 | 8,053 | ||
| Deferred tax asset | 111,325 | 111,325 | ||
| Tax receivable | 60,236 | 1,654 | ||
| Right-of-use lease asset | 3,537 | 7,362 | ||
| Ppp receivables | 10,641 | 18,363 | ||
| Investments held to maturity | 0 | 3,000 | ||
| Purchased future receivables, net | - | 0 | ||
| Other | 13,186 | 11,416 | ||
| Other assets | 472,516 | 362,486 | ||
| Assets of consolidated vies | 2,166,105 | 5,175,295 | ||
| Assets held for sale (refer to note 9) | 0 | 287,595 | ||
| Total assets | 8,332,101 | 10,141,921 | ||
| Secured borrowings and securitized debt obligations of consolidated vies, net-Consolidated Entity Excluding Variable Interest Entities VIE | 2,879,172 | 2,035,176 | ||
| Secured borrowings and securitized debt obligations of consolidated vies, net-Variable Interest Entity Primary Beneficiary | 1,293,778 | 3,580,513 | ||
| Senior secured notes, net | 721,151 | 437,847 | ||
| Corporate debt, net | 666,624 | 895,265 | ||
| Guaranteed loan financing | 565,883 | 691,118 | ||
| Contingent consideration | 18,385 | 573 | ||
| Derivative instruments | 1,627 | 352 | ||
| Dividends payable | 22,602 | 43,168 | ||
| Loan participations sold | 102,987 | 95,578 | ||
| Due to third parties | 9,927 | 1,442 | ||
| Accounts payable and other accrued liabilities | 166,406 | 188,051 | ||
| Liabilities held for sale (refer to note 9) | 0 | 228,735 | ||
| Total liabilities | 6,448,542 | 8,197,818 | ||
| Preferred stock series c, liquidation preference 25.00 per share (refer to note 20) | 8,361 | 8,361 | ||
| Preferred stock series e, liquidation preference 25.00 per share (refer to note 20) | 111,378 | 111,378 | ||
| Common stock, 0.0001 par value, 500,000,000 shares authorized, 161,834,837 and 162,792,372 shares issued and outstanding, respectively | 17 | 17 | ||
| Additional paid-in capital | 2,257,078 | 2,250,291 | ||
| Retained earnings (deficit) | -569,709 | -505,089 | ||
| Accumulated other comprehensive loss | -24,096 | -18,552 | ||
| Total ready capital corporation equity | 1,774,668 | 1,838,045 | ||
| Non-controlling interests | 100,530 | 97,697 | ||
| Total stockholders equity | 1,875,198 | 1,935,742 | ||
| Total liabilities, redeemable preferred stock, and stockholders equity | 8,332,101 | 10,141,921 | ||
Ready Capital Corp (RCB)
Ready Capital Corp (RCB)