Call reports 2016
PREFERRED BANK — 2016
What PREFERRED BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 113,058,000 | 112,615,000 | 107,919,000 | 107,423,000 |
| Total loans | 38,328,000 | 39,089,000 | 40,029,000 | 40,021,000 |
| Allowance for loan losses | 431,000 | 433,000 | 424,000 | 423,000 |
| Securities available for sale | 63,922,000 | 65,384,000 | 61,504,000 | 60,539,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 103,412,000 | 102,650,000 | 98,219,000 | 98,967,000 |
| Interest-bearing deposits | 80,796,000 | 78,708,000 | 74,056,000 | 73,569,000 |
| Noninterest-bearing deposits | 22,616,000 | 23,942,000 | 24,163,000 | 25,398,000 |
| Equity capital | 9,584,000 | 9,883,000 | 9,594,000 | 7,794,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 871,000 | 1,723,000 | 2,554,000 | 3,388,000 |
| Interest expense | 58,000 | 113,000 | 165,000 | 219,000 |
| Net interest income | 813,000 | 1,610,000 | 2,389,000 | 3,169,000 |
| Noninterest income | 139,000 | 278,000 | 427,000 | 571,000 |
| Noninterest expense | 639,000 | 1,252,000 | 1,951,000 | 2,590,000 |
| Provision for loan losses | 2,000 | 2,000 | 132,000 | 134,000 |
| Pretax income | 311,000 | 712,000 | 852,000 | 1,135,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 311,000 | 712,000 | 852,000 | 1,135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,783,000 | 8,856,000 | 8,589,000 | 8,679,000 |
| Total capital | 9,214,000 | 9,289,000 | 9,013,000 | 9,102,000 |
| Risk-weighted assets | 45,547,000 | 45,836,000 | 45,901,000 | 46,806,000 |