Call reports 2015
PREFERRED BANK — 2015
What PREFERRED BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 50,440,000 | 48,887,000 | 49,870,000 | 51,437,000 |
| Total loans | 31,837,000 | 32,105,000 | 34,214,000 | 34,989,000 |
| Allowance for loan losses | 632,000 | 665,000 | 697,000 | 731,000 |
| Securities available for sale | 10,784,000 | 10,428,000 | 9,695,000 | 10,814,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,210,000 | 43,631,000 | 44,549,000 | 46,076,000 |
| Interest-bearing deposits | 41,541,000 | 40,206,000 | 41,383,000 | 42,229,000 |
| Noninterest-bearing deposits | 3,669,000 | 3,425,000 | 3,166,000 | 3,847,000 |
| Equity capital | 5,140,000 | 5,166,000 | 5,241,000 | 5,268,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 494,000 | 988,000 | 1,480,000 | 1,993,000 |
| Interest expense | 79,000 | 156,000 | 235,000 | 319,000 |
| Net interest income | 415,000 | 832,000 | 1,245,000 | 1,674,000 |
| Noninterest income | 26,000 | 44,000 | 84,000 | 115,000 |
| Noninterest expense | 346,000 | 693,000 | 1,032,000 | 1,407,000 |
| Provision for loan losses | 33,000 | 65,000 | 99,000 | 132,000 |
| Pretax income | 62,000 | 118,000 | 199,000 | 251,000 |
| Income tax | -2,000 | -4,000 | -6,000 | -8,000 |
| Net income | 64,000 | 122,000 | 205,000 | 259,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,015,000 | 5,075,000 | 5,156,000 | 5,212,000 |
| Total capital | 5,433,000 | 5,482,000 | 5,586,000 | 5,659,000 |
| Risk-weighted assets | 33,269,000 | 32,312,000 | 34,178,000 | 35,512,000 |