Call reports 2019
PREFERRED BANK — 2019
What PREFERRED BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 58,685,000 | 60,709,000 | 58,957,000 | 60,432,000 |
| Total loans | 39,971,000 | 41,980,000 | 41,330,000 | 41,536,000 |
| Allowance for loan losses | 576,000 | 562,000 | 562,000 | 527,000 |
| Securities available for sale | 10,471,000 | 10,394,000 | 10,332,000 | 10,736,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,169,000 | 55,063,000 | 53,260,000 | 54,721,000 |
| Interest-bearing deposits | 47,138,000 | 49,027,000 | 47,508,000 | 47,763,000 |
| Noninterest-bearing deposits | 6,031,000 | 6,036,000 | 5,752,000 | 6,958,000 |
| Equity capital | 5,491,000 | 5,620,000 | 5,674,000 | 5,688,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 602,000 | 1,213,000 | 1,831,000 | 2,451,000 |
| Interest expense | 179,000 | 372,000 | 568,000 | 758,000 |
| Net interest income | 423,000 | 841,000 | 1,263,000 | 1,693,000 |
| Noninterest income | 39,000 | 85,000 | 136,000 | 174,000 |
| Noninterest expense | 437,000 | 886,000 | 1,353,000 | 1,793,000 |
| Provision for loan losses | -15,000 | -14,000 | -21,000 | 9,000 |
| Pretax income | 40,000 | 54,000 | 67,000 | 65,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 40,000 | 54,000 | 67,000 | 65,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,600,000 | 5,627,000 | 5,629,000 | 5,615,000 |
| Total capital | 6,129,000 | 6,164,000 | 6,177,000 | 6,142,000 |
| Risk-weighted assets | 42,296,000 | 42,970,000 | 43,850,000 | 45,407,000 |