Call reports 2018
PREFERRED BANK — 2018
What PREFERRED BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 111,777,000 | 108,064,000 | 105,515,000 | 105,996,000 |
| Total loans | 37,994,000 | 39,379,000 | 39,056,000 | 41,754,000 |
| Allowance for loan losses | 426,000 | 425,000 | 424,000 | 424,000 |
| Securities available for sale | 54,642,000 | 54,478,000 | 53,060,000 | 53,143,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,477,000 | 100,784,000 | 98,562,000 | 98,581,000 |
| Interest-bearing deposits | 78,452,000 | 75,983,000 | 71,918,000 | 72,979,000 |
| Noninterest-bearing deposits | 26,025,000 | 24,801,000 | 26,644,000 | 25,602,000 |
| Equity capital | 7,220,000 | 7,183,000 | 6,853,000 | 7,366,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 863,000 | 1,745,000 | 2,634,000 | 3,556,000 |
| Interest expense | 86,000 | 183,000 | 274,000 | 375,000 |
| Net interest income | 777,000 | 1,562,000 | 2,360,000 | 3,181,000 |
| Noninterest income | 165,000 | 325,000 | 471,000 | 619,000 |
| Noninterest expense | 650,000 | 1,263,000 | 1,945,000 | 2,595,000 |
| Provision for loan losses | 1,000 | 1,000 | 2,000 | 2,000 |
| Pretax income | 306,000 | 637,000 | 899,000 | 1,218,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 306,000 | 637,000 | 899,000 | 1,218,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,649,000 | 8,690,000 | 8,637,000 | 8,645,000 |
| Total capital | 9,075,000 | 9,115,000 | 9,061,000 | 9,069,000 |
| Risk-weighted assets | 44,425,000 | 45,951,000 | 45,291,000 | 48,149,000 |