Call reports 2017
PREFERRED BANK — 2017
What PREFERRED BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 3,414,743,000 | 3,581,132,000 | 3,667,129,000 | 3,771,452,000 |
| Total loans | 2,735,031,000 | 2,826,769,000 | 2,911,223,000 | 2,985,435,000 |
| Allowance for loan losses | 27,857,000 | 27,863,000 | 28,756,000 | 29,921,000 |
| Securities available for sale | 197,455,000 | 192,474,000 | 193,889,000 | 188,203,000 |
| Securities held to maturity | 9,912,000 | 9,611,000 | 9,076,000 | 8,780,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,950,888,000 | 3,121,435,000 | 3,194,674,000 | 3,262,774,000 |
| Interest-bearing deposits | 2,243,437,000 | 2,348,691,000 | 2,455,092,000 | 2,464,432,000 |
| Noninterest-bearing deposits | 707,451,000 | 772,744,000 | 739,583,000 | 798,342,000 |
| Equity capital | 294,383,000 | 305,225,000 | 317,025,000 | 355,034,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 34,632,000 | 72,746,000 | 115,599,000 | 157,600,000 |
| Interest expense | 6,190,000 | 13,025,000 | 20,457,000 | 27,897,000 |
| Net interest income | 28,442,000 | 59,721,000 | 95,142,000 | 129,703,000 |
| Noninterest income | 2,089,000 | 3,364,000 | 4,608,000 | 5,820,000 |
| Noninterest expense | 13,177,000 | 25,592,000 | 37,771,000 | 49,547,000 |
| Provision for loan losses | 1,500,000 | 2,700,000 | 4,000,000 | 5,500,000 |
| Pretax income | 15,854,000 | 34,793,000 | 57,979,000 | 80,480,000 |
| Income tax | 5,573,000 | 12,795,000 | 22,311,000 | 37,294,000 |
| Net income | 10,281,000 | 21,998,000 | 35,668,000 | 43,186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 290,627,000 | 300,687,000 | 312,057,000 | 349,954,000 |
| Total capital | 419,281,000 | 429,333,000 | 441,582,000 | 480,750,000 |
| Risk-weighted assets | 3,174,839,000 | 3,293,096,000 | 3,375,709,000 | 3,473,466,000 |
Machine access — free, no API key
Every figure shown here about PREFERRED BANK — 2017 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.