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Net loss
attributable to ready capital...
-$20,744K
Income (loss) from
discontinued operations...
$280K
Less net income
attributable to...
$2,008K
Less dividends on
preferred stock
$1,999K
Net income (loss)
-$16,737K
Net income (loss)
from discontinued...
$210K
Income tax benefit
(provision)
$70K
Net income (loss)
from continuing...
-$16,947K
Income tax benefit
-$9,935K
Other income
$14,773K
Income (loss) on
unconsolidated joint ventures
$7,417K
Gain on bargain
purchase
$24,472K
Servicing income, net of
amortization and impairment...
$7,509K
Valuation recovery
(allowance), loans held for...
-$178,225K
Net unrealized gain
(loss) on financial...
$2,914K
Loss from continuing
operations before benefit...
-$26,882K
Total non-interest
income (expense)
$74,914K
Net realized gain
(loss) on financial...
-$160,396K
Interest income
$137,491K
Total non-interest
expense
$74,339K
Net interest income
after (provision for)...
-$27,457K
Net interest income
before (provision for)...
$10,520K
Interest expense
$126,971K
Other operating
expenses
$24,879K
Impairment on real estate
$1,862K
Transaction related
expenses
$1,910K
Loan servicing
expense
$9,771K
Management fees related
party-Related Party
$5,156K
Professional fees
$6,008K
Employee compensation
and benefits and...
$3,602K
Employee compensation
and benefits and...
$21,151K
(provision for) recovery of
loan losses
$37,977K
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Income Statement
source: myfinsight.com
rcb: the income statement
Ready Capital Corp (RCB)
Ready Capital Corp (RCB)