Company: RWT-PA
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000930236-25-000037
Chunk: 153

Company: REDWOOD TRUST INC
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 153
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 Form 10-Q

66

Consolidated Net Interest Income 

The following tables present the components of net interest income recorded in each line item of our consolidated statements of income for the three and nine months ended September 30, 2025, the immediate preceding quarter ended June 30, 2025 and year-to-date period ended September 30, 2024. 

Table 2 – Consolidated Net Interest IncomeThree Months EndedSeptember 30, 2025June 30, 2025(Dollars in Thousands)Interest Income/ (Expense) Average    Balance (1)YieldInterest Income/ (Expense) Average    Balance (1)YieldInterest IncomeResidential consumer loans  Unsecuritized$28,522 $1,742,893 6.5 %$20,600 $1,416,602 5.8 %Securitized - Sequoia (2)168,404 11,991,021 5.6 %150,300 10,842,220 5.5 %Securitized - SLST (re-performing loans) (2)13,164 1,255,300 4.2 %13,503 1,274,048 4.2 %Total residential consumer loans210,090 14,989,214 5.6 %184,403 13,532,870 5.5 %Residential investor loansUnsecuritized - Term1,348 161,592 3.3 %2,783 162,296 6.9 %Unsecuritized - Bridge11,322 913,379 5.0 %10,751 1,019,989 4.2 %Securitized - Term28,682 2,199,613 5.2 %37,681 2,330,968 6.5 %Securitized - Bridge21,911 947,228 9.3 %20,889 828,205 10.1 %Total residential investor loans63,263 4,221,812 6.0 %72,104 4,341,458 6.6 %Real estate securities (3)14,829 246,795 24.0 %16,121 340,664 18.9 %Other interest