Call reports 2015
PREFERRED BANK — 2015
What PREFERRED BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 112,937,000 | 112,102,000 | 110,905,000 | 112,010,000 |
| Total loans | 39,037,000 | 39,531,000 | 39,996,000 | 39,480,000 |
| Allowance for loan losses | 427,000 | 426,000 | 428,000 | 430,000 |
| Securities available for sale | 55,397,000 | 54,848,000 | 58,935,000 | 62,603,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,019,000 | 102,591,000 | 101,315,000 | 102,864,000 |
| Interest-bearing deposits | 79,784,000 | 79,352,000 | 76,741,000 | 76,485,000 |
| Noninterest-bearing deposits | 23,235,000 | 23,239,000 | 24,574,000 | 26,379,000 |
| Equity capital | 9,843,000 | 9,421,000 | 9,503,000 | 9,083,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 855,000 | 1,700,000 | 2,554,000 | 3,414,000 |
| Interest expense | 57,000 | 114,000 | 170,000 | 224,000 |
| Net interest income | 798,000 | 1,586,000 | 2,384,000 | 3,190,000 |
| Noninterest income | 124,000 | 264,000 | 398,000 | 535,000 |
| Noninterest expense | 601,000 | 1,281,000 | 1,894,000 | 2,749,000 |
| Provision for loan losses | 0 | 1,000 | 3,000 | 10,000 |
| Pretax income | 378,000 | 625,000 | 942,000 | 1,023,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 378,000 | 625,000 | 942,000 | 1,023,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,992,000 | 8,915,000 | 8,945,000 | 8,790,000 |
| Total capital | 9,419,000 | 9,341,000 | 9,373,000 | 9,220,000 |
| Risk-weighted assets | 46,215,000 | 46,516,000 | 46,224,000 | 46,383,000 |