Call reports 2021
PREFERRED BANK — 2021
What PREFERRED BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 5,450,151,000 | 5,577,136,000 | 5,980,905,000 | 6,047,211,000 |
| Total loans | 4,179,369,000 | 4,293,073,000 | 4,336,031,000 | 4,438,676,000 |
| Allowance for loan losses | 64,883,000 | 63,635,000 | 61,135,000 | 59,969,000 |
| Securities available for sale | 228,635,000 | 278,460,000 | 461,356,000 | 451,911,000 |
| Securities held to maturity | 6,039,000 | 15,749,000 | 15,294,000 | 13,962,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,723,757,000 | 4,798,652,000 | 5,196,180,000 | 5,227,835,000 |
| Interest-bearing deposits | 3,697,457,000 | 3,734,063,000 | 3,845,869,000 | 3,920,728,000 |
| Noninterest-bearing deposits | 1,026,300,000 | 1,064,589,000 | 1,350,311,000 | 1,307,108,000 |
| Equity capital | 539,269,000 | 558,969,000 | 562,021,000 | 586,718,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 52,160,000 | 102,633,000 | 156,242,000 | 211,035,000 |
| Interest expense | 6,813,000 | 13,926,000 | 19,784,000 | 25,157,000 |
| Net interest income | 45,347,000 | 88,707,000 | 136,458,000 | 185,878,000 |
| Noninterest income | 1,347,000 | 2,994,000 | 5,737,000 | 7,702,000 |
| Noninterest expense | 15,653,000 | 30,617,000 | 45,985,000 | 60,793,000 |
| Provision for loan losses | 1,400,000 | 1,400,000 | -100,000 | -1,000,000 |
| Pretax income | 29,641,000 | 59,684,000 | 96,351,000 | 133,828,000 |
| Income tax | 8,447,000 | 17,010,000 | 27,532,000 | 38,588,000 |
| Net income | 21,194,000 | 42,674,000 | 68,819,000 | 95,240,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 532,457,000 | 549,639,000 | 554,115,000 | 579,240,000 |
| Total capital | 691,511,000 | 760,595,000 | 765,996,000 | 790,399,000 |
| Risk-weighted assets | 4,693,462,000 | 4,872,576,000 | 4,950,074,000 | 5,142,400,000 |
Machine access — free, no API key
Every figure shown here about PREFERRED BANK — 2021 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.