Call reports 2019
PREFERRED BANK — 2019
What PREFERRED BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 110,198,000 | 107,500,000 | 107,219,000 | 113,843,000 |
| Total loans | 38,784,000 | 39,965,000 | 39,306,000 | 37,875,000 |
| Allowance for loan losses | 425,000 | 425,000 | 425,000 | 426,000 |
| Securities available for sale | 53,314,000 | 56,008,000 | 54,604,000 | 55,576,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,986,000 | 98,260,000 | 97,845,000 | 104,514,000 |
| Interest-bearing deposits | 76,303,000 | 72,947,000 | 69,166,000 | 70,928,000 |
| Noninterest-bearing deposits | 25,683,000 | 25,313,000 | 28,679,000 | 33,586,000 |
| Equity capital | 8,139,000 | 9,144,000 | 9,251,000 | 9,247,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 929,000 | 1,866,000 | 2,785,000 | 3,684,000 |
| Interest expense | 122,000 | 247,000 | 354,000 | 451,000 |
| Net interest income | 807,000 | 1,619,000 | 2,431,000 | 3,233,000 |
| Noninterest income | 137,000 | 271,000 | 409,000 | 545,000 |
| Noninterest expense | 643,000 | 1,272,000 | 1,934,000 | 2,602,000 |
| Provision for loan losses | 1,000 | 3,000 | 5,000 | 6,000 |
| Pretax income | 300,000 | 615,000 | 901,000 | 1,170,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 300,000 | 615,000 | 901,000 | 1,170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,681,000 | 8,679,000 | 8,686,000 | 8,709,000 |
| Total capital | 9,106,000 | 9,104,000 | 9,111,000 | 9,135,000 |
| Risk-weighted assets | 45,436,000 | 46,076,000 | 44,344,000 | 43,436,000 |