Call reports 2018
PREFERRED BANK — 2018
What PREFERRED BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 54,342,000 | 53,256,000 | 55,399,000 | 57,795,000 |
| Total loans | 37,462,000 | 33,735,000 | 39,174,000 | 40,805,000 |
| Allowance for loan losses | 534,000 | 548,000 | 579,000 | 591,000 |
| Securities available for sale | 10,736,000 | 10,287,000 | 9,726,000 | 10,281,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,029,000 | 47,910,000 | 50,093,000 | 52,398,000 |
| Interest-bearing deposits | 44,455,000 | 43,462,000 | 45,730,000 | 46,882,000 |
| Noninterest-bearing deposits | 4,574,000 | 4,448,000 | 4,363,000 | 5,516,000 |
| Equity capital | 5,300,000 | 5,321,000 | 5,272,000 | 5,374,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 522,000 | 1,068,000 | 1,603,000 | 2,214,000 |
| Interest expense | 112,000 | 242,000 | 388,000 | 557,000 |
| Net interest income | 410,000 | 826,000 | 1,215,000 | 1,657,000 |
| Noninterest income | 32,000 | 54,000 | 89,000 | 125,000 |
| Noninterest expense | 390,000 | 786,000 | 1,174,000 | 1,598,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 121,000 |
| Pretax income | 22,000 | 34,000 | 40,000 | 63,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 22,000 | 34,000 | 40,000 | 63,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,506,000 | 5,527,000 | 5,544,000 | 5,559,000 |
| Total capital | 5,988,000 | 5,976,000 | 6,067,000 | 6,111,000 |
| Risk-weighted assets | 38,545,000 | 35,850,000 | 41,819,000 | 44,193,000 |