Call reports 2020
PREFERRED BANK — 2020
What PREFERRED BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 4,729,311,000 | 5,006,282,000 | 5,087,666,000 | 5,145,618,000 |
| Total loans | 3,910,241,000 | 3,978,550,000 | 3,965,310,000 | 4,050,820,000 |
| Allowance for loan losses | 48,130,000 | 55,762,000 | 61,262,000 | 63,426,000 |
| Securities available for sale | 235,097,000 | 270,667,000 | 219,778,000 | 239,682,000 |
| Securities held to maturity | 7,077,000 | 6,922,000 | 6,727,000 | 6,568,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,087,056,000 | 4,351,010,000 | 4,415,502,000 | 4,443,484,000 |
| Interest-bearing deposits | 3,333,295,000 | 3,416,233,000 | 3,489,302,000 | 3,504,574,000 |
| Noninterest-bearing deposits | 753,761,000 | 934,777,000 | 926,200,000 | 938,910,000 |
| Equity capital | 473,785,000 | 488,729,000 | 503,868,000 | 525,447,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 55,667,000 | 107,832,000 | 160,614,000 | 214,261,000 |
| Interest expense | 13,876,000 | 23,859,000 | 32,523,000 | 40,108,000 |
| Net interest income | 41,791,000 | 83,973,000 | 128,091,000 | 174,153,000 |
| Noninterest income | 1,673,000 | 3,216,000 | 4,805,000 | 6,824,000 |
| Noninterest expense | 15,185,000 | 29,520,000 | 43,181,000 | 57,357,000 |
| Provision for loan losses | 5,300,000 | 12,800,000 | 21,800,000 | 26,000,000 |
| Pretax income | 22,979,000 | 44,756,000 | 67,817,000 | 96,859,000 |
| Income tax | 6,825,000 | 13,293,000 | 19,229,000 | 27,391,000 |
| Net income | 16,154,000 | 31,463,000 | 48,588,000 | 69,468,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 466,593,000 | 479,540,000 | 493,538,000 | 513,887,000 |
| Total capital | 616,263,000 | 636,828,000 | 649,925,000 | 671,610,000 |
| Risk-weighted assets | 4,322,032,000 | 4,613,738,000 | 4,478,825,000 | 4,586,088,000 |
Machine access — free, no API key
Every figure shown here about PREFERRED BANK — 2020 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.