Call reports 2004
PREFERRED BANK — 2004
What PREFERRED BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 46,028,000 | 46,030,000 | 44,063,000 | 42,881,000 |
| Total loans | 32,050,000 | 32,073,000 | 30,760,000 | 29,140,000 |
| Allowance for loan losses | 540,000 | 429,000 | 400,000 | 535,000 |
| Securities available for sale | 1,584,000 | 1,067,000 | 1,987,000 | 2,025,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,522,000 | 41,499,000 | 39,561,000 | 38,625,000 |
| Interest-bearing deposits | 39,680,000 | 39,424,000 | 37,278,000 | 36,398,000 |
| Noninterest-bearing deposits | 1,842,000 | 2,075,000 | 2,282,000 | 2,226,000 |
| Equity capital | 4,370,000 | 4,375,000 | 4,362,000 | 4,154,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 699,000 | 1,391,000 | 2,060,000 | 2,703,000 |
| Interest expense | 310,000 | 599,000 | 878,000 | 1,145,000 |
| Net interest income | 389,000 | 792,000 | 1,182,000 | 1,558,000 |
| Noninterest income | 39,000 | 96,000 | 141,000 | 179,000 |
| Noninterest expense | 327,000 | 685,000 | 1,060,000 | 1,453,000 |
| Provision for loan losses | 1,000 | 25,000 | 75,000 | 408,000 |
| Pretax income | 100,000 | 178,000 | 188,000 | -124,000 |
| Income tax | 37,000 | 62,000 | 61,000 | -50,000 |
| Net income | 63,000 | 116,000 | 127,000 | -74,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,359,000 | 4,379,000 | 4,357,000 | 4,156,000 |
| Total capital | 4,752,000 | 4,771,000 | 4,729,000 | 4,512,000 |
| Risk-weighted assets | 31,237,000 | 31,329,000 | 29,936,000 | 28,552,000 |
Machine access — free, no API key
Every figure shown here about PREFERRED BANK — 2004 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 since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) 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.