Call reports 2008
PREFERRED BANK — 2008
What PREFERRED BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 45,550,000 | 48,878,000 | 53,916,000 | 53,785,000 |
| Total loans | 34,624,000 | 36,605,000 | 42,607,000 | 41,056,000 |
| Allowance for loan losses | 383,000 | 433,000 | 475,000 | 483,000 |
| Securities available for sale | 6,196,000 | 5,412,000 | 5,428,000 | 6,914,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,029,000 | 39,727,000 | 45,431,000 | 48,946,000 |
| Interest-bearing deposits | 35,269,000 | 36,850,000 | 42,431,000 | 46,509,000 |
| Noninterest-bearing deposits | 2,760,000 | 2,877,000 | 3,000,000 | 2,437,000 |
| Equity capital | 4,418,000 | 4,383,000 | 4,290,000 | 4,518,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 719,000 | 1,499,000 | 2,325,000 | 3,169,000 |
| Interest expense | 418,000 | 845,000 | 1,288,000 | 1,791,000 |
| Net interest income | 301,000 | 654,000 | 1,037,000 | 1,378,000 |
| Noninterest income | 53,000 | 136,000 | 180,000 | 224,000 |
| Noninterest expense | 314,000 | 656,000 | 984,000 | 1,268,000 |
| Provision for loan losses | 12,000 | 62,000 | 272,000 | 314,000 |
| Pretax income | 28,000 | 72,000 | -39,000 | 20,000 |
| Income tax | -2,000 | -4,000 | -6,000 | 8,000 |
| Net income | 30,000 | 76,000 | -33,000 | 12,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,340,000 | 4,385,000 | 4,276,000 | 4,325,000 |
| Total capital | 4,723,000 | 4,818,000 | 4,751,000 | 4,808,000 |
| Risk-weighted assets | 36,643,000 | 37,262,000 | 44,700,000 | 41,759,000 |
Machine access — free, no API key
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