Call reports 2006
PREFERRED BANK — 2006
What PREFERRED BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 43,839,000 | 41,813,000 | 41,861,000 | 41,581,000 |
| Total loans | 23,920,000 | 24,101,000 | 24,557,000 | 25,047,000 |
| Allowance for loan losses | 301,000 | 300,000 | 291,000 | 296,000 |
| Securities available for sale | 11,185,000 | 15,273,000 | 13,684,000 | 11,053,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,516,000 | 37,231,000 | 37,623,000 | 37,343,000 |
| Interest-bearing deposits | 32,999,000 | 32,388,000 | 33,202,000 | 32,010,000 |
| Noninterest-bearing deposits | 6,517,000 | 4,843,000 | 4,421,000 | 5,333,000 |
| Equity capital | 4,208,000 | 3,896,000 | 4,074,000 | 4,109,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 555,000 | 1,172,000 | 1,824,000 | 2,502,000 |
| Interest expense | 260,000 | 580,000 | 929,000 | 1,251,000 |
| Net interest income | 295,000 | 592,000 | 895,000 | 1,251,000 |
| Noninterest income | 78,000 | 146,000 | 229,000 | 292,000 |
| Noninterest expense | 279,000 | 562,000 | 854,000 | 1,205,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 94,000 | 154,000 | 211,000 | 322,000 |
| Income tax | 29,000 | 48,000 | 65,000 | 93,000 |
| Net income | 65,000 | 106,000 | 146,000 | 229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,321,000 | 4,076,000 | 4,115,000 | 4,199,000 |
| Total capital | 4,622,000 | 4,376,000 | 4,406,000 | 4,495,000 |
| Risk-weighted assets | 27,389,000 | 27,322,000 | 27,638,000 | 27,828,000 |