Ready Capital Investor Presentation Deck
Balance Sheet by Quarter
(In Thousands)
Assets
Cash and cash equivalents
Restricted cash
Loans, net
Loans, held for sale, at fair value
Payment protection program loans, net
Mortgage backed securities, at fair value
Loans eligible for repurchase from Ginnie Mae
Investment in unconsolidated joint ventures
Purchased future receivables, net
Derivative instruments
Servicing rights
Real estate owned, held for sale
Other assets
Assets of consolidated VIES
Total Assets
Liabilities
Secured borrowings
Paycheck Protection Program Liquidity Facility (PPPLF) borrowings
Securitized debt obligations of consolidated VIEs, net
Convertible notes, net
Senior secured notes and Corporate debt, net
Guaranteed loan financing
Contingent consideration
Liabilities for loans eligible for repurchase from Ginnie Mae
Derivative instruments
Dividends payable
Accounts payable and other accrued liabilities
Total Liabilities
Preferred stock Series C
Stockholders' Equity
Preferred stock
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Total Ready Capital Corporation equity
Non-controlling interests
Total Stockholders' Equity
Total Liabilities and Stockholders' Equity
Adjusted Book Value per Share
S
$
12/31/2020
$
$
$
138,975
47,697
1,550,624
340,288
74,931
88,011
250,132
79,509
17,308
16,363
114,663
45,348
89,503
2,518,743
5,372,095 $
1,294,243
76,276
1,905,749
112,129
330,648
401,705
250,132
11,604
19,746
135,655
$ 4,537,887
S
5
3/31/2021
308,428 S
62,961
1,611,826
473,078
1,292,808
682,948
260,110
221,464
173,437
75,048
86,994
13,240
7,213
12,529
6,600
138,941
145,265
73,454
71,267
151,503
120,214
2,898,727
2,976,897
8,016,955 $ 8,976,892 $
2,064,785
1,132,536
2,211,923
112,405
513,061
386,036
221,464
4,403
9,631
162,465
$ 6,818,709
19,494
98,241
7
6/30/2021
849,541
(24,203)
(9,947)
815,396
1,088,512
(20,027)
(7,042)
1,159,691
19,061
18,812
834,208 $ 1,178,752
5,372,095 $ 8,016,955
14.98 $
14.89
200,723
57,118
2,222,284
470,184
2,178,586
1,703,034
2,286,624
2,309,217
112,684
513,494
363,955
173,437
3,717
33,968
180,018
$ 7,680,148
8,361
209,619
7
$
$
1,090,162
(23,105)
(7,157)
1,269,526
18,857
$ 1,288,383 $
$ 8,976,892 $
$
14.87 $
9/30/2021
209,769
52,692
2,384,497
549,917
1,784,826
117,681
149,723
125,547
6,567
6,180
171,106
70,643
196,827
3,438,423
9,264,398
2,044,069
1,945,883
2,676,265
112,966
513,889
348,774
12,400
149,723
33,564
189,194
8,026,727
8,361
111,378
7
READY CAPITAL.
S
$
$
1,115,471
(10,395)
(6,276)
1,210,185
19,125
1,229,310 $
9,264,398 $
15.06 $
12/31/2021
229,531
51,569
2,915,446
552,935
870,352
99,496
94,111
141,148
7,872
7,022
204,599
42,288
172,098
4,145,564
9,534,031
2,517,600
941,505
3,214,303
113,247
783,852
345,217
16,400
94,111
410
34,348
184,079
8,245,072
8,361
111,378
1,161,853
8,598
(5,733)
1,276,104
4,494
1,280,598
9,534,031
15.35
27View entire presentation