Call reports 2023
PREFERRED BANK — 2023
What PREFERRED BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 6,462,167,000 | 6,668,548,000 | 6,633,086,000 | 6,659,765,000 |
| Total loans | 5,067,442,000 | 5,128,223,000 | 5,138,002,000 | 5,282,779,000 |
| Allowance for loan losses | 68,929,000 | 71,429,000 | 74,849,000 | 78,355,000 |
| Securities available for sale | 367,492,000 | 352,548,000 | 335,608,000 | 313,842,000 |
| Securities held to maturity | 22,155,000 | 21,818,000 | 21,474,000 | 21,171,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,409,788,000 | 5,591,041,000 | 5,684,969,000 | 5,711,402,000 |
| Interest-bearing deposits | 4,388,814,000 | 4,689,819,000 | 4,821,263,000 | 4,904,738,000 |
| Noninterest-bearing deposits | 1,020,974,000 | 901,222,000 | 863,706,000 | 806,664,000 |
| Equity capital | 656,541,000 | 668,767,000 | 670,508,000 | 695,105,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 109,085,000 | 227,495,000 | 353,024,000 | 477,988,000 |
| Interest expense | 35,371,000 | 80,471,000 | 133,046,000 | 188,614,000 |
| Net interest income | 73,714,000 | 147,024,000 | 219,978,000 | 289,374,000 |
| Noninterest income | 3,051,000 | 4,252,000 | 7,223,000 | 10,259,000 |
| Noninterest expense | 18,899,000 | 37,852,000 | 56,860,000 | 74,734,000 |
| Provision for loan losses | 500,000 | 3,000,000 | 6,500,000 | 10,000,000 |
| Pretax income | 53,249,000 | 106,307,000 | 159,724,000 | 209,853,000 |
| Income tax | 15,176,000 | 30,298,000 | 45,523,000 | 59,813,000 |
| Net income | 38,073,000 | 76,009,000 | 114,201,000 | 150,040,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 684,223,000 | 700,566,000 | 707,419,000 | 724,686,000 |
| Total capital | 902,397,000 | 921,299,000 | 931,631,000 | 951,250,000 |
| Risk-weighted assets | 6,053,633,000 | 6,081,348,000 | 6,099,468,000 | 6,265,334,000 |
Machine access — free, no API key
Every figure shown here about PREFERRED BANK — 2023 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.