Call reports 2017
PREFERRED BANK — 2017
What PREFERRED BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 51,931,000 | 52,486,000 | 52,829,000 | 53,892,000 |
| Total loans | 36,389,000 | 36,618,000 | 37,725,000 | 38,011,000 |
| Allowance for loan losses | 793,000 | 771,000 | 786,000 | 704,000 |
| Securities available for sale | 10,781,000 | 10,960,000 | 10,760,000 | 10,940,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 46,553,000 | 46,933,000 | 47,212,000 | 48,429,000 |
| Interest-bearing deposits | 42,293,000 | 42,792,000 | 42,622,000 | 43,831,000 |
| Noninterest-bearing deposits | 4,260,000 | 4,141,000 | 4,590,000 | 4,598,000 |
| Equity capital | 5,333,000 | 5,459,000 | 5,522,000 | 5,449,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 512,000 | 1,047,000 | 1,589,000 | 2,154,000 |
| Interest expense | 96,000 | 197,000 | 274,000 | 418,000 |
| Net interest income | 416,000 | 850,000 | 1,315,000 | 1,736,000 |
| Noninterest income | 39,000 | 84,000 | 121,000 | 161,000 |
| Noninterest expense | 381,000 | 756,000 | 1,136,000 | 1,618,000 |
| Provision for loan losses | 33,000 | 49,000 | 64,000 | 87,000 |
| Pretax income | 41,000 | 129,000 | 236,000 | 192,000 |
| Income tax | -2,000 | -2,000 | -2,000 | -2,000 |
| Net income | 43,000 | 131,000 | 238,000 | 194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,361,000 | 5,448,000 | 5,526,000 | 5,508,000 |
| Total capital | 5,812,000 | 5,903,000 | 6,005,000 | 5,997,000 |
| Risk-weighted assets | 35,788,000 | 36,148,000 | 38,026,000 | 38,924,000 |