Call reports 2005
PREFERRED BANK — 2005
What PREFERRED BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 39,524,000 | 38,770,000 | 37,241,000 | 37,987,000 |
| Total loans | 21,930,000 | 23,264,000 | 23,248,000 | 23,430,000 |
| Allowance for loan losses | 300,000 | 300,000 | 302,000 | 302,000 |
| Securities available for sale | 12,329,000 | 11,564,000 | 10,393,000 | 10,159,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,474,000 | 33,427,000 | 32,993,000 | 33,769,000 |
| Interest-bearing deposits | 30,278,000 | 29,069,000 | 28,579,000 | 28,139,000 |
| Noninterest-bearing deposits | 5,196,000 | 4,358,000 | 4,414,000 | 5,630,000 |
| Equity capital | 3,989,000 | 4,111,000 | 4,165,000 | 4,142,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 454,000 | 928,000 | 1,417,000 | 1,924,000 |
| Interest expense | 130,000 | 267,000 | 428,000 | 613,000 |
| Net interest income | 324,000 | 661,000 | 989,000 | 1,311,000 |
| Noninterest income | 50,000 | 120,000 | 221,000 | 260,000 |
| Noninterest expense | 276,000 | 558,000 | 857,000 | 1,229,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 98,000 | 241,000 | 336,000 | 358,000 |
| Income tax | 30,000 | 78,000 | 108,000 | 112,000 |
| Net income | 68,000 | 163,000 | 228,000 | 246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,078,000 | 4,173,000 | 4,238,000 | 4,256,000 |
| Total capital | 4,378,000 | 4,473,000 | 4,540,000 | 4,558,000 |
| Risk-weighted assets | 24,662,000 | 25,280,000 | 25,167,000 | 25,415,000 |