Call reports 2011
PREFERRED BANK — 2011
What PREFERRED BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 74,452,000 | 74,023,000 | 73,523,000 | 75,436,000 |
| Total loans | 37,855,000 | 37,126,000 | 36,903,000 | 36,361,000 |
| Allowance for loan losses | 522,000 | 525,000 | 523,000 | 368,000 |
| Securities available for sale | 25,616,000 | 25,827,000 | 26,155,000 | 30,681,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,826,000 | 66,022,000 | 64,957,000 | 66,904,000 |
| Interest-bearing deposits | 56,322,000 | 55,653,000 | 53,514,000 | 53,775,000 |
| Noninterest-bearing deposits | 10,504,000 | 10,369,000 | 11,443,000 | 13,129,000 |
| Equity capital | 6,706,000 | 7,087,000 | 7,613,000 | 7,660,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 801,000 | 1,622,000 | 2,423,000 | 3,209,000 |
| Interest expense | 133,000 | 259,000 | 373,000 | 477,000 |
| Net interest income | 668,000 | 1,363,000 | 2,050,000 | 2,732,000 |
| Noninterest income | 111,000 | 242,000 | 381,000 | 508,000 |
| Noninterest expense | 488,000 | 994,000 | 1,524,000 | 2,057,000 |
| Provision for loan losses | 2,000 | 3,000 | 4,000 | 4,000 |
| Pretax income | 289,000 | 608,000 | 1,009,000 | 1,544,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 289,000 | 608,000 | 1,009,000 | 1,544,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,233,000 | 6,265,000 | 6,380,000 | 6,576,000 |
| Total capital | 6,728,000 | 6,744,000 | 6,859,000 | 6,944,000 |
| Risk-weighted assets | 39,570,000 | 38,267,000 | 38,335,000 | 40,063,000 |