Call reports 2013
PREFERRED BANK — 2013
What PREFERRED BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 47,952,000 | 46,457,000 | 46,829,000 | 48,322,000 |
| Total loans | 27,375,000 | 27,822,000 | 29,842,000 | 30,555,000 |
| Allowance for loan losses | 616,000 | 647,000 | 646,000 | 679,000 |
| Securities available for sale | 12,076,000 | 10,763,000 | 11,530,000 | 11,202,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,921,000 | 41,633,000 | 41,944,000 | 43,314,000 |
| Interest-bearing deposits | 39,347,000 | 38,428,000 | 38,680,000 | 39,515,000 |
| Noninterest-bearing deposits | 3,574,000 | 3,205,000 | 3,264,000 | 3,799,000 |
| Equity capital | 4,877,000 | 4,690,000 | 4,779,000 | 4,889,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 447,000 | 930,000 | 1,412,000 | 1,913,000 |
| Interest expense | 90,000 | 176,000 | 260,000 | 339,000 |
| Net interest income | 357,000 | 754,000 | 1,152,000 | 1,574,000 |
| Noninterest income | 41,000 | -105,000 | -68,000 | -42,000 |
| Noninterest expense | 342,000 | 674,000 | 995,000 | 1,317,000 |
| Provision for loan losses | 30,000 | 61,000 | 92,000 | 123,000 |
| Pretax income | 26,000 | -73,000 | 10,000 | 105,000 |
| Income tax | -2,000 | -4,000 | -6,000 | -8,000 |
| Net income | 28,000 | -69,000 | 16,000 | 113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,786,000 | 4,689,000 | 4,777,000 | 4,870,000 |
| Total capital | 5,165,000 | 5,056,000 | 5,157,000 | 5,255,000 |
| Risk-weighted assets | 31,950,000 | 30,781,000 | 31,873,000 | 32,193,000 |