On September 1, 2026, REDWOOD CAPITAL BANCORP (OTCQX: RWCB), the only locally owned and operated community bank holding company in Humboldt County, California, announced that its wholly owned subsidiary, Redwood Capital Bank, plans to open a non-branch Loan Production Office (LPO) in Redding, California, and has hired Jamie Robertson as Commercial Relationship Manager.

The planned Redding LPO represents Redwood Capital Bank’s continued commitment to strategic growth and will expand the bank’s commercial lending presence in Redding and throughout Shasta County. The LPO will focus on building relationships with local businesses and providing the personalized and relationship-based approach that have been hallmarks of Redwood Capital Bank for more than two decades.

Jennifer P. Budwig, President, remarked, “We are excited to expand Redwood Capital Bank’s presence into the Redding market and especially pleased to welcome Jamie Robertson to our team. Jamie is a well-established commercial banking professional who understands the businesses and people of the Redding community. Her experience, relationships and commitment to exceptional customer service make her an ideal fit for Redwood Capital Bank as we thoughtfully expand our commercial lending services into a new Northern California market.”

Ms. Robertson added, “I am thrilled to join Redwood Capital Bank and introduce its relationship-focused approach to commercial lending to the Redding community. I have spent many years building relationships with local businesses throughout the Redding area and look forward to continuing to serve them with the personalized attention, responsiveness and community-minded decision making that set Redwood Capital Bank apart from other financial institutions.”

For more information regarding Redwood Capital Bancorp, please visit our website at www.redwoodcapitalbank.com, contact John E. Dalby, Chief Executive Officer, at (707) 444-9833, or via email: jdalby@rdwo.com. Redwood Capital Bancorp (OTCQX:RWCB) trades on the OTCQX Best Market. Companies meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws and have a professional third-party sponsor introduction. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.

This press release may contain forward-looking statements that are subject to risks and uncertainties. Such risks and uncertainties may include but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, and competition within the business areas in which the Bank is conducting its operations, including the real estate market in California and other factors beyond the Bank’s control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management’s view only as of the date hereof. The Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

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