Call reports 2014
PREFERRED BANK — 2014
What PREFERRED BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 47,671,000 | 50,153,000 | 50,258,000 | 49,221,000 |
| Total loans | 31,446,000 | 31,217,000 | 32,388,000 | 32,394,000 |
| Allowance for loan losses | 591,000 | 550,000 | 581,000 | 607,000 |
| Securities available for sale | 11,662,000 | 11,610,000 | 11,421,000 | 11,145,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,711,000 | 45,043,000 | 45,085,000 | 43,978,000 |
| Interest-bearing deposits | 39,205,000 | 41,666,000 | 41,345,000 | 40,147,000 |
| Noninterest-bearing deposits | 3,506,000 | 3,377,000 | 3,740,000 | 3,831,000 |
| Equity capital | 4,850,000 | 5,003,000 | 5,073,000 | 5,142,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 481,000 | 993,000 | 1,518,000 | 2,028,000 |
| Interest expense | 80,000 | 160,000 | 243,000 | 321,000 |
| Net interest income | 401,000 | 833,000 | 1,275,000 | 1,707,000 |
| Noninterest income | 27,000 | 74,000 | 110,000 | 104,000 |
| Noninterest expense | 356,000 | 714,000 | 1,070,000 | 1,420,000 |
| Provision for loan losses | 31,000 | 62,000 | 94,000 | 125,000 |
| Pretax income | 41,000 | 131,000 | 221,000 | 266,000 |
| Income tax | -2,000 | -4,000 | -6,000 | -8,000 |
| Net income | 43,000 | 135,000 | 227,000 | 274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,818,000 | 4,908,000 | 5,002,000 | 5,042,000 |
| Total capital | 5,218,000 | 5,311,000 | 5,411,000 | 5,452,000 |
| Risk-weighted assets | 33,558,000 | 33,831,000 | 34,260,000 | 32,664,000 |