Call reports 2017
PREFERRED BANK — 2017
What PREFERRED BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 112,833,000 | 112,889,000 | 111,657,000 | 110,778,000 |
| Total loans | 37,802,000 | 38,369,000 | 38,866,000 | 40,079,000 |
| Allowance for loan losses | 421,000 | 421,000 | 423,000 | 424,000 |
| Securities available for sale | 61,360,000 | 60,194,000 | 58,237,000 | 56,739,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,586,000 | 103,812,000 | 102,839,000 | 102,612,000 |
| Interest-bearing deposits | 80,768,000 | 78,434,000 | 75,901,000 | 75,665,000 |
| Noninterest-bearing deposits | 23,818,000 | 25,378,000 | 26,938,000 | 26,947,000 |
| Equity capital | 8,190,000 | 8,996,000 | 8,719,000 | 8,102,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 833,000 | 1,676,000 | 2,523,000 | 3,390,000 |
| Interest expense | 62,000 | 134,000 | 204,000 | 278,000 |
| Net interest income | 771,000 | 1,542,000 | 2,319,000 | 3,112,000 |
| Noninterest income | 138,000 | 273,000 | 420,000 | 562,000 |
| Noninterest expense | 642,000 | 1,250,000 | 1,945,000 | 2,616,000 |
| Provision for loan losses | 1,000 | 3,000 | 4,000 | 4,000 |
| Pretax income | 266,000 | 563,000 | 791,000 | 1,055,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 266,000 | 563,000 | 791,000 | 1,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,669,000 | 8,679,000 | 8,634,000 | 8,625,000 |
| Total capital | 9,090,000 | 9,100,000 | 9,057,000 | 9,049,000 |
| Risk-weighted assets | 45,118,000 | 44,996,000 | 45,116,000 | 46,173,000 |