Call reports 2016
PREFERRED BANK — 2016
What PREFERRED BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 2,683,522,000 | 2,916,805,000 | 3,112,226,000 | 3,223,468,000 |
| Total loans | 2,174,921,000 | 2,288,548,000 | 2,450,754,000 | 2,581,867,000 |
| Allowance for loan losses | 23,681,000 | 23,983,000 | 24,556,000 | 26,478,000 |
| Securities available for sale | 162,653,000 | 201,255,000 | 203,273,000 | 199,832,000 |
| Securities held to maturity | 5,550,000 | 5,143,000 | 4,811,000 | 10,338,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,358,037,000 | 2,516,054,000 | 2,660,112,000 | 2,764,329,000 |
| Interest-bearing deposits | 1,808,782,000 | 1,932,069,000 | 2,022,806,000 | 2,099,005,000 |
| Noninterest-bearing deposits | 549,254,000 | 583,985,000 | 637,306,000 | 665,324,000 |
| Equity capital | 273,575,000 | 282,353,000 | 291,258,000 | 298,065,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 27,322,000 | 57,045,000 | 88,934,000 | 122,913,000 |
| Interest expense | 3,443,000 | 7,425,000 | 12,818,000 | 18,733,000 |
| Net interest income | 23,879,000 | 49,620,000 | 76,116,000 | 104,180,000 |
| Noninterest income | 1,127,000 | 2,786,000 | 4,136,000 | 5,288,000 |
| Noninterest expense | 11,039,000 | 21,828,000 | 32,315,000 | 43,537,000 |
| Provision for loan losses | 800,000 | 3,100,000 | 4,500,000 | 6,400,000 |
| Pretax income | 13,203,000 | 27,514,000 | 43,473,000 | 59,700,000 |
| Income tax | 5,361,000 | 11,085,000 | 17,165,000 | 23,331,000 |
| Net income | 7,842,000 | 16,429,000 | 26,308,000 | 36,369,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 267,489,000 | 275,350,000 | 284,277,000 | 294,003,000 |
| Total capital | 291,380,000 | 362,103,000 | 409,648,000 | 421,292,000 |
| Risk-weighted assets | 2,491,338,000 | 2,646,759,000 | 2,853,382,000 | 2,990,421,000 |
Machine access — free, no API key
Every figure shown here about PREFERRED BANK — 2016 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.