Call reports 2001
PREFERRED BANK — 2001
What PREFERRED BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 39,999,000 | 39,414,000 | 37,864,000 | 38,664,000 |
| Total loans | 18,542,000 | 19,212,000 | 19,506,000 | 20,414,000 |
| Allowance for loan losses | 493,000 | 506,000 | 505,000 | 475,000 |
| Securities available for sale | 16,863,000 | 17,087,000 | 14,611,000 | 13,895,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,852,000 | 34,054,000 | 32,312,000 | 31,455,000 |
| Interest-bearing deposits | 30,966,000 | 30,589,000 | 28,718,000 | 27,524,000 |
| Noninterest-bearing deposits | 3,886,000 | 3,465,000 | 3,594,000 | 3,931,000 |
| Equity capital | 2,803,000 | 2,887,000 | 3,090,000 | 3,099,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 717,000 | 1,400,000 | 2,030,000 | 2,631,000 |
| Interest expense | 411,000 | 797,000 | 1,120,000 | 1,379,000 |
| Net interest income | 306,000 | 603,000 | 910,000 | 1,252,000 |
| Noninterest income | 67,000 | 153,000 | 240,000 | 312,000 |
| Noninterest expense | 261,000 | 537,000 | 810,000 | 1,146,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 112,000 | 219,000 | 344,000 | 421,000 |
| Income tax | 35,000 | 68,000 | 108,000 | 98,000 |
| Net income | 77,000 | 151,000 | 236,000 | 323,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,707,000 | 2,781,000 | 2,867,000 | 2,953,000 |
| Total capital | 2,986,000 | 3,058,000 | 3,140,000 | 3,246,000 |
| Risk-weighted assets | 22,113,000 | 21,945,000 | 21,925,000 | 23,244,000 |