Call reports 2018
PREFERRED BANK — 2018
What PREFERRED BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 3,783,478,000 | 3,960,316,000 | 4,077,681,000 | 4,217,941,000 |
| Total loans | 3,144,209,000 | 3,233,491,000 | 3,320,819,000 | 3,381,054,000 |
| Allowance for loan losses | 28,570,000 | 29,772,000 | 31,966,000 | 31,065,000 |
| Securities available for sale | 177,823,000 | 176,930,000 | 173,952,000 | 182,412,000 |
| Securities held to maturity | 8,556,000 | 8,370,000 | 8,203,000 | 8,007,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,261,789,000 | 3,410,365,000 | 3,518,866,000 | 3,639,917,000 |
| Interest-bearing deposits | 2,409,941,000 | 2,560,029,000 | 2,364,352,000 | 2,909,762,000 |
| Noninterest-bearing deposits | 851,848,000 | 850,336,000 | 1,154,514,000 | 730,155,000 |
| Equity capital | 371,028,000 | 385,226,000 | 399,969,000 | 416,651,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 43,651,000 | 90,399,000 | 140,792,000 | 195,165,000 |
| Interest expense | 7,508,000 | 16,850,000 | 28,005,000 | 40,936,000 |
| Net interest income | 36,143,000 | 73,549,000 | 112,787,000 | 154,229,000 |
| Noninterest income | 1,564,000 | 3,209,000 | 4,884,000 | 9,288,000 |
| Noninterest expense | 13,670,000 | 27,476,000 | 41,060,000 | 54,742,000 |
| Provision for loan losses | 1,500,000 | 2,700,000 | 4,580,000 | 10,130,000 |
| Pretax income | 22,478,000 | 46,635,000 | 72,084,000 | 98,698,000 |
| Income tax | 5,867,000 | 12,619,000 | 19,745,000 | 27,705,000 |
| Net income | 16,611,000 | 34,016,000 | 52,339,000 | 70,993,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 366,752,000 | 381,596,000 | 396,960,000 | 413,305,000 |
| Total capital | 496,483,000 | 512,515,000 | 530,059,000 | 545,649,000 |
| Risk-weighted assets | 3,656,001,000 | 3,762,997,000 | 3,881,881,000 | 3,961,789,000 |
Machine access — free, no API key
Every figure shown here about PREFERRED BANK — 2018 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.