Call reports 2013
PREFERRED BANK — 2013
What PREFERRED BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 81,815,000 | 110,454,000 | 106,369,000 | 106,343,000 |
| Total loans | 32,389,000 | 40,748,000 | 42,296,000 | 39,389,000 |
| Allowance for loan losses | 414,000 | 415,000 | 414,000 | 466,000 |
| Securities available for sale | 32,439,000 | 36,236,000 | 39,212,000 | 38,751,000 |
| Securities held to maturity | 1,047,000 | 5,734,000 | 6,425,000 | 6,350,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,177,000 | 101,180,000 | 97,394,000 | 96,907,000 |
| Interest-bearing deposits | 58,469,000 | 80,444,000 | 76,962,000 | 76,204,000 |
| Noninterest-bearing deposits | 14,708,000 | 20,736,000 | 20,432,000 | 20,703,000 |
| Equity capital | 7,568,000 | 8,118,000 | 7,857,000 | 8,358,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 650,000 | 1,303,000 | 2,177,000 | 3,049,000 |
| Interest expense | 70,000 | 139,000 | 209,000 | 278,000 |
| Net interest income | 580,000 | 1,164,000 | 1,968,000 | 2,771,000 |
| Noninterest income | 108,000 | 1,272,000 | 1,420,000 | 1,569,000 |
| Noninterest expense | 490,000 | 1,213,000 | 1,797,000 | 2,483,000 |
| Provision for loan losses | 2,000 | 2,000 | 3,000 | 90,000 |
| Pretax income | 196,000 | 1,221,000 | 1,588,000 | 1,767,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 196,000 | 1,221,000 | 1,588,000 | 1,767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,717,000 | 7,970,000 | 8,059,000 | 8,674,000 |
| Total capital | 7,131,000 | 8,385,000 | 8,473,000 | 9,140,000 |
| Risk-weighted assets | 35,871,000 | 47,190,000 | 48,041,000 | 45,828,000 |