Call reports 2008
PREFERRED BANK — 2008
What PREFERRED BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 1,550,973,000 | 1,524,621,000 | 1,447,632,000 | 1,483,415,000 |
| Total loans | 1,228,987,000 | 1,208,307,000 | 1,196,522,000 | 1,231,066,000 |
| Allowance for loan losses | 19,976,000 | 19,960,000 | 15,240,000 | 26,935,000 |
| Securities available for sale | 267,235,000 | 250,385,000 | 119,416,000 | 104,406,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,265,007,000 | 1,283,798,000 | 1,225,837,000 | 1,257,511,000 |
| Interest-bearing deposits | 1,051,705,000 | 1,073,796,000 | 1,027,967,000 | 1,061,100,000 |
| Noninterest-bearing deposits | 213,302,000 | 210,002,000 | 197,869,000 | 196,411,000 |
| Equity capital | 149,655,000 | 147,661,000 | 141,411,000 | 137,491,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 25,305,000 | 47,447,000 | 67,344,000 | 86,047,000 |
| Interest expense | 10,447,000 | 19,212,000 | 27,105,000 | 34,634,000 |
| Net interest income | 14,858,000 | 28,235,000 | 40,239,000 | 51,413,000 |
| Noninterest income | 766,000 | 1,717,000 | 2,478,000 | 4,865,000 |
| Noninterest expense | 5,006,000 | 11,653,000 | 15,772,000 | 23,225,000 |
| Provision for loan losses | 5,080,000 | 12,280,000 | 15,960,000 | 30,560,000 |
| Pretax income | 5,538,000 | 6,019,000 | 3,075,000 | -9,889,000 |
| Income tax | 2,160,000 | 2,623,000 | 3,080,000 | -4,877,000 |
| Net income | 3,378,000 | 3,396,000 | -5,000 | -5,012,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 150,745,000 | 152,000,000 | 148,033,000 | 142,464,000 |
| Total capital | 168,638,000 | 169,394,000 | 163,333,000 | 159,722,000 |
| Risk-weighted assets | 1,429,366,000 | 1,388,832,000 | 1,347,502,000 | 1,370,883,000 |
Machine access — free, no API key
Every figure shown here about PREFERRED BANK — 2008 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.