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
Investments held to maturity
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
Loan participations sold
Due to third parties
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
3/31/2021
308,428
62,961
1,611,826
473,078
1,292,808
682,948
221,464
75,048
$
$
$
13,240
12,529
138,941
73,454
151,503
2,898,727
$ 8,016,955 $
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
S
98,241
7
1,088,512
(20,027)
(7,042)
1,159,691
19,061
1,178,752 $
8,016,955
14.89
6/30/2021
$
200,723 S
57,118
2,222,284
470,184
2,178,586
260,110
173,437
86,994
7,213
6,600
145,265
71,267
120,214
2,976,897
8,976,892 $
1,703,034
2,286,624
2,309,217
112,684
513,494
363,955
180,018
$ 7,680,148
8,361
173,437
3,717
33,968
209,619
7
1,090,162
(23,105)
(7,157)
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
S
189,194
$ 8,026,727 $
8,361
111,378
7
1,115,471
(10,395)
(6,276)
1,210,185
19,125
1,269,526
18,857
1,288,383 $ 1,229,310 $
8,976,892 $ 9,264,398 $
14.87 $
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
211,369
56,963
4,062,335
523,214
554,656
93,259
82,975
149,475
57,285
8,753
36,852
204,599
244,143
119,207
42,288
172,098
186,089
4,145,564
5,089,669
9,534,031 $ 11,476,244
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
S
1,161,853
8,598
(5,733)
1,276,104
$
READY CAPITAL.
4,494
1,280,598 $
9,534,031 $
15.35 $
3/31/2022
3,274,324
627,445
3,864,150
113,531
788,572
332,398
92,148
82,975
2,620
51,161
56,386
38,846
184,592
9,509,148
8,361
111,378
11
1,723,099
21,661
(4,704)
1,851,445
107,290
1,958,735
11,476,244
15.21
39View entire presentation