Call reports 2007
PREFERRED BANK — 2007
What PREFERRED BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 43,580,000 | 42,508,000 | 42,869,000 | 44,708,000 |
| Total loans | 24,679,000 | 25,236,000 | 26,575,000 | 28,229,000 |
| Allowance for loan losses | 305,000 | 293,000 | 289,000 | 283,000 |
| Securities available for sale | 13,872,000 | 14,445,000 | 14,211,000 | 13,048,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,170,000 | 36,595,000 | 35,055,000 | 34,810,000 |
| Interest-bearing deposits | 34,005,000 | 32,005,000 | 30,153,000 | 29,470,000 |
| Noninterest-bearing deposits | 5,165,000 | 4,590,000 | 4,902,000 | 5,340,000 |
| Equity capital | 4,266,000 | 4,177,000 | 4,598,000 | 4,928,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 692,000 | 1,402,000 | 2,119,000 | 2,843,000 |
| Interest expense | 318,000 | 636,000 | 956,000 | 1,253,000 |
| Net interest income | 374,000 | 766,000 | 1,163,000 | 1,590,000 |
| Noninterest income | 75,000 | 147,000 | 240,000 | 322,000 |
| Noninterest expense | 310,000 | 606,000 | 920,000 | 1,279,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 119,000 | 288,000 | 468,000 | 610,000 |
| Income tax | 56,000 | 56,000 | 56,000 | 56,000 |
| Net income | 63,000 | 232,000 | 412,000 | 554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,262,000 | 4,430,000 | 4,636,000 | 4,753,000 |
| Total capital | 4,567,000 | 4,723,000 | 4,925,000 | 5,036,000 |
| Risk-weighted assets | 28,148,000 | 28,230,000 | 29,160,000 | 30,565,000 |