Call reports 2011
PREFERRED BANK — 2011
What PREFERRED BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 53,637,000 | 52,251,000 | 50,145,000 | 51,593,000 |
| Total loans | 32,984,000 | 30,844,000 | 30,271,000 | 28,799,000 |
| Allowance for loan losses | 577,000 | 598,000 | 592,000 | 678,000 |
| Securities available for sale | 13,239,000 | 13,582,000 | 14,247,000 | 15,021,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,985,000 | 47,498,000 | 45,345,000 | 46,812,000 |
| Interest-bearing deposits | 46,634,000 | 45,091,000 | 43,165,000 | 43,451,000 |
| Noninterest-bearing deposits | 2,351,000 | 2,407,000 | 2,180,000 | 3,361,000 |
| Equity capital | 4,408,000 | 4,511,000 | 4,590,000 | 4,580,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 641,000 | 1,278,000 | 1,908,000 | 2,501,000 |
| Interest expense | 245,000 | 482,000 | 687,000 | 876,000 |
| Net interest income | 396,000 | 796,000 | 1,221,000 | 1,625,000 |
| Noninterest income | 30,000 | 75,000 | 114,000 | 121,000 |
| Noninterest expense | 335,000 | 696,000 | 1,073,000 | 1,378,000 |
| Provision for loan losses | 29,000 | 59,000 | 89,000 | 172,000 |
| Pretax income | 62,000 | 116,000 | 173,000 | 197,000 |
| Income tax | -2,000 | -4,000 | -6,000 | -8,000 |
| Net income | 64,000 | 120,000 | 179,000 | 205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,365,000 | 4,423,000 | 4,480,000 | 4,507,000 |
| Total capital | 4,801,000 | 4,831,000 | 4,870,000 | 4,896,000 |
| Risk-weighted assets | 36,609,000 | 34,196,000 | 32,717,000 | 32,571,000 |