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Call reports 2022

PREFERRED BANK — 2022

What PREFERRED BANK reported to the FFIEC in 2022, quarter by quarter.

PERIOD: 2022SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/1520b7b1-a692-4cb3-98d1-f995ac24700b/2022

Balance sheet

What the bank holds and owes at quarter end

Measure2022Q12022Q22022Q32022Q4
Total assets6,143,189,0006,233,720,0006,293,578,0006,425,969,000
Total loans4,602,993,0004,930,616,0005,020,851,0005,084,854,000
Allowance for loan losses58,496,00061,396,00066,472,00068,472,000
Securities available for sale430,280,000400,597,000377,534,000428,295,000
Securities held to maturity13,496,00012,784,00012,442,00022,459,000
Trading assets0000
Total deposits5,312,502,0005,410,218,0005,458,274,0005,558,803,000
Interest-bearing deposits4,058,890,0004,022,698,0004,115,214,0004,365,517,000
Noninterest-bearing deposits1,253,612,0001,387,520,0001,343,060,0001,193,285,000
Equity capital595,285,000591,592,000590,553,000630,426,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2022Q12022Q22022Q32022Q4
Interest income55,024,000117,582,000196,003,000294,382,000
Interest expense4,993,00011,127,00022,757,00047,024,000
Net interest income50,031,000106,455,000173,246,000247,358,000
Noninterest income2,266,0004,867,0007,053,0007,714,000
Noninterest expense16,156,00033,296,00050,696,00068,822,000
Provision for loan losses-250,0002,650,0005,350,0007,350,000
Pretax income36,391,00075,376,000124,253,000179,197,000
Income tax10,364,00021,280,00034,968,00050,352,000
Net income26,027,00054,096,00089,285,000128,845,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2022Q12022Q22022Q32022Q4
Tier 1 capital599,273,000609,976,000621,338,000656,658,000
Total capital808,959,000820,439,000836,936,000874,315,000
Risk-weighted assets5,349,600,0005,746,988,0005,937,914,0006,076,742,000

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