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Call reports 2014

PREFERRED BANK — 2014

What PREFERRED BANK reported to the FFIEC in 2014, quarter by quarter.

PERIOD: 2014SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/1520b7b1-a692-4cb3-98d1-f995ac24700b/2014

Balance sheet

What the bank holds and owes at quarter end

Measure2014Q12014Q22014Q32014Q4
Total assets1,805,256,0001,904,122,0001,996,245,0002,054,281,000
Total loans1,374,151,0001,441,303,0001,522,384,0001,617,049,000
Allowance for loan losses19,777,00017,897,00022,662,00022,974,000
Securities available for sale169,844,000176,579,000164,247,000150,539,000
Securities held to maturity08,709,0008,188,0007,815,000
Trading assets0000
Total deposits1,562,174,0001,649,944,0001,721,200,0001,776,391,000
Interest-bearing deposits1,215,053,0001,241,332,0001,297,166,0001,332,941,000
Noninterest-bearing deposits347,121,000408,612,000424,035,000443,451,000
Equity capital214,544,000222,657,000228,652,000235,027,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2014Q12014Q22014Q32014Q4
Interest income18,750,00038,210,00058,673,00080,498,000
Interest expense2,247,0004,477,0006,902,0009,340,000
Net interest income16,503,00033,733,00051,771,00071,158,000
Noninterest income1,142,0003,016,0003,958,0004,719,000
Noninterest expense7,946,00015,694,00023,548,00031,683,000
Provision for loan losses1,250,0002,350,0002,850,0003,350,000
Pretax income8,449,00018,705,00029,333,00040,846,000
Income tax3,296,0007,343,00011,609,00016,254,000
Net income5,153,00011,362,00017,724,00024,592,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2014Q12014Q22014Q32014Q4
Tier 1 capital213,405,000220,547,000226,441,000232,955,000
Total capital232,951,000238,544,000248,644,000255,850,000
Risk-weighted assets1,563,378,0001,673,664,0001,775,679,0001,831,381,000

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