Call reports 2008
PREFERRED BANK — 2008
What PREFERRED BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 46,166,000 | 44,795,000 | 46,639,000 | 44,409,000 |
| Total loans | 27,036,000 | 26,353,000 | 24,376,000 | 23,575,000 |
| Allowance for loan losses | 288,000 | 298,000 | 370,000 | 369,000 |
| Securities available for sale | 13,365,000 | 12,947,000 | 14,083,000 | 17,074,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,080,000 | 37,912,000 | 39,001,000 | 37,637,000 |
| Interest-bearing deposits | 33,445,000 | 32,755,000 | 33,207,000 | 31,023,000 |
| Noninterest-bearing deposits | 5,635,000 | 5,157,000 | 5,794,000 | 6,614,000 |
| Equity capital | 5,297,000 | 5,087,000 | 5,825,000 | 6,674,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 717,000 | 1,380,000 | 430,000 | 1,184,000 |
| Interest expense | 281,000 | 518,000 | 141,000 | 334,000 |
| Net interest income | 436,000 | 862,000 | 289,000 | 850,000 |
| Noninterest income | 98,000 | 201,000 | 76,000 | 172,000 |
| Noninterest expense | 329,000 | 636,000 | 210,000 | 579,000 |
| Provision for loan losses | 0 | 95,000 | 0 | -202,000 |
| Pretax income | 209,000 | 336,000 | 155,000 | 646,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 209,000 | 336,000 | 155,000 | 646,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,973,000 | 5,100,000 | 5,444,000 | 5,867,000 |
| Total capital | 5,261,000 | 5,398,000 | 5,789,000 | 6,196,000 |
| Risk-weighted assets | 29,692,000 | 28,892,000 | 27,557,000 | 26,257,000 |