Call reports 2012
PREFERRED BANK — 2012
What PREFERRED BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 51,123,000 | 49,514,000 | 47,404,000 | 47,962,000 |
| Total loans | 28,844,000 | 28,022,000 | 28,197,000 | 27,685,000 |
| Allowance for loan losses | 660,000 | 686,000 | 694,000 | 701,000 |
| Securities available for sale | 15,342,000 | 13,354,000 | 12,568,000 | 11,536,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,373,000 | 44,728,000 | 42,601,000 | 42,971,000 |
| Interest-bearing deposits | 43,398,000 | 41,833,000 | 39,901,000 | 39,436,000 |
| Noninterest-bearing deposits | 2,975,000 | 2,895,000 | 2,700,000 | 3,535,000 |
| Equity capital | 4,546,000 | 4,596,000 | 4,653,000 | 4,847,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 579,000 | 1,138,000 | 1,673,000 | 2,176,000 |
| Interest expense | 175,000 | 329,000 | 446,000 | 543,000 |
| Net interest income | 404,000 | 809,000 | 1,227,000 | 1,633,000 |
| Noninterest income | 25,000 | 59,000 | 40,000 | 99,000 |
| Noninterest expense | 358,000 | 722,000 | 1,083,000 | 1,416,000 |
| Provision for loan losses | 30,000 | 61,000 | 92,000 | 123,000 |
| Pretax income | 41,000 | 85,000 | 92,000 | 193,000 |
| Income tax | -1,000 | -3,000 | -5,000 | -7,000 |
| Net income | 42,000 | 88,000 | 97,000 | 200,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,460,000 | 4,505,000 | 4,512,000 | 4,758,000 |
| Total capital | 4,862,000 | 4,883,000 | 4,887,000 | 5,147,000 |
| Risk-weighted assets | 33,633,000 | 31,667,000 | 31,398,000 | 32,506,000 |