Call reports 2009
PREFERRED BANK — 2009
What PREFERRED BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 44,642,000 | 43,297,000 | 42,782,000 | 42,867,000 |
| Total loans | 22,545,000 | 22,022,000 | 23,007,000 | 22,878,000 |
| Allowance for loan losses | 355,000 | 349,000 | 349,000 | 343,000 |
| Securities available for sale | 16,349,000 | 17,555,000 | 15,555,000 | 15,182,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,243,000 | 37,927,000 | 37,033,000 | 37,160,000 |
| Interest-bearing deposits | 33,312,000 | 32,255,000 | 32,229,000 | 31,148,000 |
| Noninterest-bearing deposits | 5,931,000 | 5,672,000 | 4,804,000 | 6,012,000 |
| Equity capital | 5,308,000 | 5,291,000 | 5,662,000 | 5,649,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 550,000 | 1,111,000 | 1,661,000 | 2,192,000 |
| Interest expense | 156,000 | 295,000 | 420,000 | 535,000 |
| Net interest income | 394,000 | 816,000 | 1,241,000 | 1,657,000 |
| Noninterest income | 89,000 | 193,000 | 300,000 | 389,000 |
| Noninterest expense | 306,000 | 617,000 | 998,000 | 1,390,000 |
| Provision for loan losses | 0 | 1,000 | 3,000 | 5,000 |
| Pretax income | 345,000 | 559,000 | 809,000 | 922,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 345,000 | 559,000 | 809,000 | 922,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,705,000 | 4,901,000 | 5,032,000 | 5,151,000 |
| Total capital | 5,025,000 | 5,216,000 | 5,355,000 | 5,467,000 |
| Risk-weighted assets | 25,643,000 | 25,196,000 | 25,839,000 | 25,214,000 |