Call reports 2014
PREFERRED BANK — 2014
What PREFERRED BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 111,606,000 | 108,680,000 | 107,835,000 | 109,096,000 |
| Total loans | 37,875,000 | 40,476,000 | 41,960,000 | 41,787,000 |
| Allowance for loan losses | 466,000 | 452,000 | 445,000 | 444,000 |
| Securities available for sale | 46,339,000 | 46,928,000 | 46,896,000 | 45,048,000 |
| Securities held to maturity | 6,219,000 | 7,394,000 | 7,666,000 | 7,521,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,766,000 | 98,283,000 | 98,388,000 | 99,436,000 |
| Interest-bearing deposits | 80,344,000 | 76,783,000 | 77,316,000 | 74,596,000 |
| Noninterest-bearing deposits | 21,422,000 | 21,500,000 | 21,072,000 | 24,840,000 |
| Equity capital | 8,751,000 | 9,283,000 | 9,343,000 | 9,605,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 863,000 | 1,744,000 | 2,639,000 | 3,535,000 |
| Interest expense | 63,000 | 125,000 | 186,000 | 247,000 |
| Net interest income | 800,000 | 1,619,000 | 2,453,000 | 3,288,000 |
| Noninterest income | 129,000 | 272,000 | 417,000 | 566,000 |
| Noninterest expense | 597,000 | 1,236,000 | 1,828,000 | 2,494,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 332,000 | 655,000 | 1,045,000 | 1,373,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 332,000 | 655,000 | 1,045,000 | 1,373,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,667,000 | 8,738,000 | 8,876,000 | 8,861,000 |
| Total capital | 9,133,000 | 9,190,000 | 9,321,000 | 9,305,000 |
| Risk-weighted assets | 43,538,000 | 45,428,000 | 47,280,000 | 47,500,000 |