Call reports 2017
PREFERRED BANK — 2017
What PREFERRED BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 255,861,000 | 279,806,000 | 268,211,000 | 291,055,000 |
| Total loans | 156,942,000 | 169,192,000 | 162,236,000 | 157,625,000 |
| Allowance for loan losses | 1,832,000 | 1,882,000 | 1,882,000 | 1,794,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 32,926,000 | 31,929,000 | 30,551,000 | 29,333,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 215,987,000 | 239,189,000 | 227,062,000 | 249,160,000 |
| Interest-bearing deposits | 121,875,000 | 129,414,000 | 132,110,000 | 138,001,000 |
| Noninterest-bearing deposits | 94,112,000 | 109,775,000 | 94,952,000 | 111,159,000 |
| Equity capital | 38,352,000 | 38,863,000 | 39,381,000 | 40,011,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,288,000 | 4,965,000 | 7,548,000 | 10,070,000 |
| Interest expense | 140,000 | 316,000 | 522,000 | 750,000 |
| Net interest income | 2,148,000 | 4,649,000 | 7,026,000 | 9,320,000 |
| Noninterest income | 72,000 | 142,000 | 210,000 | 273,000 |
| Noninterest expense | 1,603,000 | 3,347,000 | 5,027,000 | 6,847,000 |
| Provision for loan losses | 15,000 | 65,000 | 65,000 | 65,000 |
| Pretax income | 602,000 | 1,379,000 | 2,144,000 | 2,679,000 |
| Income tax | 194,000 | 460,000 | 705,000 | 612,000 |
| Net income | 408,000 | 919,000 | 1,439,000 | 2,067,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,352,000 | 38,863,000 | 39,381,000 | 40,011,000 |
| Total capital | 40,184,000 | 40,745,000 | 41,263,000 | 41,805,000 |
| Risk-weighted assets | 151,130,000 | 161,312,000 | 155,326,000 | 153,760,000 |